The ICAP Patent Brokerage has announced additional offerings to its patent portfolio auction taking place in early December. In a telling trend, the portfolios mostly revolve around financial services and security, and a few are specifically concerned with biometrics.
One of the portfolios is for a number of patents for a mobile payment system that employs tokens and “unique identifiers”; while it isn’t clear if this system involved biometric security, it certainly sounds like it’s striving to meet the kinds of standards promoted by the FIDO Alliance, which is a major proponent of biometric security.
Another offering is a system for embedding biometric security directly into a credit card and tying it to one particular user – a security setup that sounds very similar to MasterCard’s forthcoming biometric card, and one that will likely prove popular in the near future.
ICAP is also offering another biometric authentication “apparatus” for which the details are a little vague, but the overall trend is pretty clear: Biometric security is booming, and that is going hand-in-hand with the ascent of mobile commerce and contactless payment. These offerings come on the heels of other biometric patents recently offered by ICAP, which seems to indicate an increasing level of well-founded confidence in the value of such patents.
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November 14, 2014 – by Alex Perala
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