The business has developed a type of sensor that can be embedded beneath a display panel.
A new kind of technology that could make a considerable difference to mobile security has just been patented by a company in South Korea, marking what could potentially be a future turn in the direction being taken in fingerprint scanning on smartphones and other devices.
The technology allows the fingerprint sensor to be embedded underneath a smartphone’s display panel.
The company that has patented the technology, CrucialTec, has only just received the approval that it needed for the patent in question. According to reports, the company first filed for the patent back in 2012. This is an interesting development, as the announcement followed closely on the heels of one that revealed that Apple had filed to patent technology relating to fingerprint scanning in its own mobile security TouchID tech.
Apple’s patent showed that it was seeking to patent mobile security tech that would bring its scanner beneath its display.
Apple’s patent filing showed that the company has been trying to take its fingerprint scanner off its home buttons in order to add it under the display of the devices. This move would be an important one for Apple, as it would make it possible to make some considerable changes to the design of its various mobile devices, such as the iPhone.
It has not yet become evident whether or not the patents that have been filed by CrucialTec and by Apple are in any level of conflict with one another, but that will certainly be an important discovery as things move forward. Keeping in mind that CrucialTec is a supplier of fingerprint scanners for Huawei, the importance of these patents becomes even greater.
Huawei is among several of the lower end smartphone makers that have been cutting into the market share of the high end gadgets from Apple. It isn’t unlikely that this mobile security technology will start to send the companies into some intense legal action in order to ensure that they will be able to hang on to the technologies that they have sought to patent.
Paym records more than $39 million in mobile transactions
Paym, a mobile payments service in the United Kingdom, has announced that its users have made more than $39 million in transactions since the service was launched in April o last year. Consumers can use Paym to make purchases or transfer money to their friends and family. The service has experienced strong growth over the past several months, becoming one of the more popular mobile payments services that is currently available in the United Kingdom.
Service now has nearly 2 million users that are participating in mobile payments
According to Paym, the service now boasts of nearly 2 million users. The service has won strong support because it is compatible with a wide range of financial institutions throughout the country. Banks showing support for Paym has made it possible for their customers to participate in mobile payments, which is becoming a popular practice among consumers. The demand for mobile payments support coming from consumers has encouraged banks to embrace services like Paym, which allow these banks to accommodate consumer interest.
66% of UK population claims to be aware of mobile payments
A recent survey commissioned by Paym found that approximately 66% of the population of the United Kingdom is aware of mobile payments. Of these, 52% of consumers are aware of Paym. Awareness of mobile payments has been growing relatively modestly over the past few years, though as people become more aware of this practice they are showing strong favor for it. Paym is beginning to attract more attention because of the growing awareness of mobile payments.
Paym may experience some strong competition once Apple launches its mobile payments service in the UK
Paym is not the only mobile payments service that is available in the United Kingdom, but it is one of the most popular. The service is expected to continue attractive users over the coming months, reaching new heights of success and establishing a strong foothold in the competitive mobile commerce market. Paym may experience some turbulence from Apple Pay, which is expected to launch in the United Kingdom later this year.