NEW YORK, NY — (Marketwired) — 11/14/14 — SmartMetric, Inc. (OTCQB: SMME) It is estimated that by the end of 2015 70% of payment cards in the United States will have a chip on them. The chip is called an EMV chip that takes the card user–s information that is stored on the card–s magnetic strip. In countries that have adopted chips on cards they have seen a drop of approximately 50% in card fraud rates. However this little chip hasn–t eradicated fraud with fraudsters finding ways around t
NEW YORK, NY — (Marketwired) — 11/12/14 — SmartMetric, Inc. (OTCQB: SMME) Nearly 50% of consumers have been a victim of a data breach, according to a new research report released by RSA in conjunction with the Ponemon Institute. Surveying consumers in the United States it found that nearly half had fallen victim to at least one data breach and 45% say they are not confident they know all instances of when their personal information has been leaked.Mobile payments ranked highest on the list i
NEW YORK, NY — (Marketwired) — 11/10/14 — SmartMetric, Inc. (OTCQB: SMME) — The biometric fingerprint activated credit, debit and identity card developed by SmartMetric has the computing power of today–s smartphones, according to SmartMetric–s President & CEO, Chaya Hendrick. Using a Cortex based microprocessor embedded inside the card on a complex circuit board, all less than 1/3 the thickness of a credit card, has enabled SmartMetric to create an advanced new miniature mobile comput
NEW YORK, NY — (Marketwired) — 11/06/14 — SmartMetric, Inc. (OTCQB: SMME) — A recent survey shows that nearly half of respondents said they will move away from using cards this holiday shopping period and will instead use cash. The research report, conducted by Princeton Survey Research Associates International on behalf of credit cards. com, said, "Some cardholders are vowing to avoid using plastic this holiday season, with 48 percent saying security breaches will make them more likel
NEW YORK, NY — (Marketwired) — 11/05/14 — SmartMetric, Inc. (OTCQB: SMME) — Something that is all ways with is yourself. And using your own individual uniqueness as your security key is at the heart of the new SmartMetric Biometric activated credit and debit cards. Working with the new chip card technology that is used now around the world and being deployed in the United States, Smartmetric.com has added a fingerprint reader inside your credit card that adds biometric security to what has
NEW YORK, NY — (Marketwired) — 11/03/14 — SmartMetric, Inc. (OTCQB: SMME) — The new to the USA credit card standard called EMV is not the impenetrable security fortress that many have been lead to believe. With banks and retailers spending huge sums in conversion of systems and readers over to the new chip card technology called EMV chip cards cracks in the defences of EMV as a secure system are already being seen. Recently many of the credit card numbers that had been stolen in the recent
NEW YORK, NY — (Marketwired) — 10/28/14 — SmartMetric, Inc. (OTCQB: SMME) After a spate of data breaches among major US retailers, people have become most concerned about the security of their credit card details. According to a Gallup poll, 69 percent of respondents stated that they worry about having credit information stolen by hackers. Just 31 percent said they worry about getting mugged while 18 percent frequently or occasionally worry about getting murdered.Having a computer/smartphone
NEW YORK, NY — (Marketwired) — 10/24/14 — SmartMetric, Inc. (OTCQB: SMME) According to a just-published USA consumer survey by Phoenix Marketing International*, the use of NFC in mobile phones is still facing an uphill battle to obtain market acceptance amongst phone users and will still very much remain a fringe payments platform in comparison to plastic payment cards.Some of the highlights of the consumer survey are:Despite industry efforts to communicate the security of NFC transactions,
NEW YORK, NY — (Marketwired) — 10/22/14 — SmartMetric, Inc. (OTCQB: SMME) — According to a new survey nearly half of cardholders are vowing to avoid using plastic this holiday season, with 48 percent saying security breaches will make them more likely to pay with cash.As data breaches exposing consumer credit card, debit card and other personal information become more common, nearly half of cardholding shoppers say they–re reluctant this holiday season to return to stores that have been ha
NEW YORK, NY — (Marketwired) — 10/20/14 — SmartMetric, Inc. (OTCQB: SMME) — It is a simple equation. Will a payment system that has less than 2% of point of sale readers capable of reading a mobile device displace an existing system that has nearly a 100% point of sale footprint. Simply put the existing payments infrastructure is built around cards so much so that the average mall shopper wouldn–t leave home without their piece of plastic. And until every mall retailer changes their point
