There are a handful of drivers for adding biometric technology to mobile devices, says Alan Goode, founder of Goode Intelligence and author of “Mobile Phone Biometric Security Analysis and Forecasts 2011-2015.” Many mobile phones are easy to break into, enterprises are enabling users to use their own mobile phones and NFC payments may require additional security. Goode predicts that mobile phone biometric security products and services generated more than $30 million in 2011 and that the market will grow to over $161 million in revenue by 2015.

Payment card manufacturers have a set way of doing things. With near field communication on the horizon it could be seen as a disruption to some in the industry. The Datacard Group partnered with DeviceFidelity Inc. to offer the company’s In2Pay suite of solutions that use microSD technology in smart phones for contactless payments. The end result is a mobile wallet customers can use at contactless point-of-sale terminals featuring debit, credit or prepaid accounts.