October 25, 2005 5:24 AM PDT

Japan companies form 'mobile wallet' alliance

With 39 members so far, the alliance will promote a standard enabling the use of mobile phones as credit cards.

The story "Japan companies form 'mobile wallet' alliance" published October 25, 2005 at 5:24 AM is no longer available on CNET News.

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Answer to biometric security issues?
Just a quick thought, but could this be the second verification required to add some security to biometric purchases? Looking at phones in Japan, many of them are starting to ship with built in fingerprint scanners. While this is still early on, and leaves stuff to be worked out, what if the numbers were stored on the phone, only to be unlocked by biometric confirmation. The bonus is then that the biometric info isn't stored on some 3rd party server, but actually on a device you can control.

As I said, just a thought . . .
Posted by Bueller (8 comments )
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