Cutting edge new tech from songs to fingerprint sensing are on their way to their devices.
Among the various barriers that have stood in the way of areas such as m-commerce and payments, has been mobile security, and in an effort to help to provide consumers with a greater sense of confidence, some of the leading tech giants are working on some cutting edge new ways to provide that.
Google, for example, is working on an app that allows typed passwords to be replaced with a user’s unique song.
This mobile security app functions by setting a smartphone next to a tablet or laptop that plays a uniquely generated sound through the device’s speakers. The human ear may or may not be able to hear the unique “song”, but it can be picked up by the smartphone’s microphone. This could, in theory, allow Google to change the way that we think about passwords. The application, itself, was created by Or Zelig, Eran Galili, and ori Kabeli, of Israel. They claim that they created it as “security measures had become overly complicated and annoying.”
At the same time, mobile security news has “confirmed” that the Samsung Galaxy S5 will include a fingerprint sensor.
As the unveiling of the new Galaxy S5 from Samsung is expected next week, rumors are flying, and Sammobile has issued a report that claims that it has “confirmed” that the device will be equipped with a new fingerprint reading technology that will be built into the home button of the smartphone.
The report indicated that the fingerprint sensor feature operates when the finger is used to vertically swipe the pad while it is held flat and the swiping is done at a medium speed. Previous rumors had suggested that the entire screen on the Galaxy S5 would be the equivalent to a single large fingerprint reader. However, this new release indicates that it will be built into the home button in a way that is more comparable to the iPhone S5 from Apple.
Clearly, mobile security is becoming one of the top features that help to expand the appeal of the latest devices. Consumers are starting to feel the need to make their gadgets harder to access by the wrong people, particularly as they are conducting a larger number of sensitive tasks with them.
BWild |
February 24, 2014
New report paints a promising future for mobile commerce worldwide
WorldPay, a payment service provider based in the United Kingdom, has released a new report, called “Your Global Guide to Alternative Payments,” concerning the potential future of the mobile commerce space. Mobile payments have been growing in prominence throughout the world and as more consumers gain access to smartphones and tablets, they are beginning to show more interest in shopping with these devices. Wearable devices, such as smartwatches, are also coming into play, providing further accessibility to the mobile commerce space.
Mobile commerce market expected to reach $117 billion by the end of 2017
The report from WorldPay predicts that mobile payments will reach $117 billion worldwide by 2017, a major increase from the $18 billion recorded in 2012. Mobile commerce is expected to make up at least 3% of the global e-commerce market by 2017. The report highlights the growth in popularity of mobile wallets, which consumers are using to manage their finances on a mobile device. These platforms are capable of storing and accessing financial information. This information is used to complete a mobile transaction.
Smartphones continue to be the most prominent mobile commerce platform in the world
Smartphones are currently considered to be the most popular mobile commerce device, but tablet devices are beginning to gain more support from consumers. Many people have reported a more favorable experience when shopping from a tablet device over a smartphone. Despite this, smartphones are expected to continue leading the way in mobile commerce, especially in the Asian market where smartphone penetration is accelerating at a rapid pace.
Security remains one of the most serious issues facing the mobile commerce sector
The report shows that consumers are becoming more comfortable with mobile payments despite high profile security issues that have been somewhat common in the past. Mobile commerce platforms are becoming more capable of protecting consumer financial information, thereby making them more likely to participate in online shopping from a mobile device. While security for many platforms has been improving, many people have still expressed their concerns regarding the safety of mobile commerce in general.