While new high-tech vending machines are being released with options such as touch screens, nutritional information displays, wireless coin dispensers, stock monitors and biometric payments, some feel the idea of moving forward with biometric-based payments on the devices may not work yet, according to a Retail Solutions Online article.

Due to the increase of smart phones use for business in the U.S. and subsequently being relied upon for storing sensitive information, biometric security on mobile phones is expected to become much more widespread, according to an Internet News article.

The latest edition to Entrust’s suite of authentication technology has been released as part of the new IdentityGuard 9.3. Entrust IdentityGuard Mobile is a mobile application that works to protect against man-in the-browser malware attacks. It has been recommended that financial companies secure their networks with a multi-layered security application when completing transactions.

Silicon Valley-based Cimbal has announced the public launch of its software-based NFC payment network. The network, which the company claims is the first of its kind in the world, enables secure payment and peer-to-peer transactions using a smart phone instead of a plastic card.