Xoom & Apple Touch ID

Xoom Corporation digital money transfer provider incorporate Apple’s Touch ID technology into their mobile money transfers application. This gives customers the option to use their fingerprint data to sign in to the Xoom application on the iPhone 5s, 6 and 6 Plus. Touch ID is a fingerprint identity sensor that is located in the Home button of select Apple devices. Touch ID takes a high-resolution image of the user’s fingerprint and then analyzes it in order to create its mathematical representation. The data points generated through the analysis are stored locally on the user’s device, and are used for comparison with fingerprint data captured through any subsequent Touch ID usage.

Monitise Sale

UK-based Monitise reports it is commencing a review of all options open to the Company to maximize value for shareholders, i.e. “we are for sale.” The Board believes the Company has an exciting future as an independent business, however it recognizes that there may be other businesses which could leverage Monitise’s capabilities for digital commerce enablement to significantly accelerate the growth of the business and take maximum advantage of the growth opportunities in the market today.