Apple plans to create  a system to enable iPhone fingerprint authentication and implement its own electronic wallet technology by purchasing AuthenTec, a leading provider of security solutions and sensor control, says RBC Capital Markets analyst Amit Daryanani. iPhone and iPad developer announced about AuthenTec purchase for $ 356 million last week. Experts believe that the transaction is dictated by the Cupertino's desire to acquire fingerprint technology and integrate it into mobile products on iOS 6 release.. At the same time buying the company will have minimal impact on the Apple's budget, which has over $ 100 billion of available funds in stock.

iPhone Fingerprint Authentication This September?

Brian Barshall of the ISI Group says that the AuthenTech technology will "recognize" the owner of iOS-devices, when he holds his finger across the screen of the iPhone and iPad to unlock and use as a password when making payments. It is assumed that the technology of electronic purse will be available as early as the sixth iPhone, which is expected to debut in September. To do this, the device will receive a Near Field Communication (NFC) chip, which allows to make contactless payments. This component will work in tandem with Passbook - a new application of iOS 6 mobile platforms, which can store the airplane boarding passes, movie tickets, gift cards, certificates and coupons. AuthenTec, which develops encryption technology, fingerprint sensors and software for identity management, was founded in 1998. Its products and technologies ensure the safety of hundreds of millions of computers around the world, and in the list of customers include manufacturers such as Alcatel-Lucent, Cisco, Samsung, Fujitsu, HP, Lenovo, LG, Motorola, Nokia, Orange, Sky and Texas Instruments. If the information about the implementation of the iPhone fingerprint authentication is true, then Apple engineers should be really quick in testing it, or, most probably they have already tested this technology and are ready to introduce it on the event in less than two months. How do you think, are those dates realistic and will Apple really move to the direction of turning their devices that will be the the extension of our wallets and even human bodies?