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In The News

In The News

January 1 - Has the age of biometrics arrived?

Article: Technology For A Global Monetary System

Apple's new iPhone 5S comes with the company's first fingerprint scanner. A simple stamp of your thumb can now unlock the phone or confirm online purchases. No passwords are required.

While Apple fans have long awaited this big update, so has another group: the biometrics industry. Sensor companies have been wishing for a major player to swoop in, show how far the technology has advanced, and persuade shoppers that biometrics can be cool.

"Many think that the iPhone 5S is a tipping point for consumers," says Adam Vrankulj, editor of the industry news outlet Biometric Update. After Apple purchased fingerprint-sensor company AuthenTec for $350 million in 2012, the stock price of several similar firms more than doubled.

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