Biokey International Inc (BKYI)

[SeanBoy]

Plus, consumers will also have to register their fingerprint with Apple's Touch ID technology to make a purchase with their phones.

This has to be the best news since Apple first put a FP sensor in their I-phone.

The shift in paradigm not only means that Apple will need a speedy searching algorithm but will open the doors for other phones providing similar services.

Even if Apple opts to stay with their own algorithm, which is entirely possible since they only use one FP sensor supplier, others will be inclined to go with a searching algorithm that can handle different sensors being used on different phone, tablets, etc.