NEW YORK, NY — (Marketwired) — 07/10/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric says the recent research conducted by Gallup Research shows that mobile wallets are failing in gaining mass market usage as an alternative payments platform to that of credit and debit cards. The recent research shows that only 13% of mobile phones have an installed payments digital wallet digital on their device. These means the vast majority, in fact 87% of mobile phones don–t have any type of digital
NEW YORK, NY — (Marketwired) — 07/09/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, the creator and developer of the biometric activated payments card, has begun manufacturing."The manufacturing process has many moving parts. Because we have pushed the envelope on the scale and size of electronic components, as well as electronic assembly and even the plastic card manufacturing process, when we manufacture our cards we are in fact involved in a number of sub-manufacturing processes a
NEW YORK, NY — (Marketwired) — 07/07/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric in creating a fingerprint activated payments card has added biometrics as a better line of security at the point of transaction. Because SmartMetric has embedded a fully functional fingerprint reader inside a credit/debit card while using the industry standard EMV contact chip the SmartMetric fingerprint activated card works with standard point of sale payment card readers and ATMs.We use a person–s finger
NEW YORK, NY — (Marketwired) — 07/06/15 — SmartMetric, Inc. (OTCQB: SMME) As of the end of the 4th Quarter 2014 there are now over 3.42 Billion chip cards issued and in use globally. According to figures released by the industry body, EMVco. While the United States showed a negligible number of EMV Cards issued in 2013 this figure jumped to over 100m by the end of 2014. With October 1st 2015 being the deadline for retailers to convert across to EMV retail readers throughout the United States
NEW YORK, NY — (Marketwired) — 06/22/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric has developed its own super thin rechargeable battery to power its powerful fingerprint "in-card" reader. The highly thin battery is built into its ground breaking biometric secure credit and debit chip cards. Realising the need for the card to work and scan a person–s fingerprint prior to it being inserted into an ATM machine, SmartMetric has devoted a great deal of time in building its own tiny
NEW YORK, NY — (Marketwired) — 06/15/15 — SmartMetric, Inc. (OTCQB: SMME) The SmartMetric fingerprint activated and transaction verified biometric payments card uses the Global Banking Industry standard EMV chip in its payments cards. This allows the SmartMetric biometric card to work with the existing Global payments card infrastructure and does not require an additional reading device to be used by Banks and Retailers. "The card is completely interoperable with existing Point Of Sale
NEW YORK, NY — (Marketwired) — 06/10/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, after completing a round of funding by private equity to fund the first mass production of its revolutionary fingerprint activated biometric payments card, is on schedule for its manufacturing release at the end of this July."We are extremely excited about the release of our card that we now will be able to put into the hands of financial institutions around the world," said SmartMetric–s Presid
NEW YORK, NY — (Marketwired) — 06/08/15 — SmartMetric, Inc. (OTCQB: SMME) With the non relenting onslaught of credit and debit card data theft leading to billions of dollars of losses annually the need for a stronger payments card security couldn–t be more compelling.SmartMetric, after years of research and development, created a credit and debit card that has a miniature powerful fingerprint reader that is used to scan the card user–s fingerprint prior to the cards payments chip being act
NEW YORK, NY — (Marketwired) — 06/05/15 — SmartMetric, Inc. (OTCQB: SMME) – Reliance on PIN numbers and computer generated codes or tokens has proven vulnerable to data thieves that use the security weaknesses in the credit card payments system to steal billions of dollars annually. It is reported that over $14 billion was lost last year to credit card fraud, leaving not only the consumer vulnerable to their personal data being stolen but having to pay higher prices after retailers increase
NEW YORK, NY — (Marketwired) — 06/03/15 — SmartMetric, Inc. (OTCQB: SMME) In 2013 merchants lost, on average 33% greater proportion of revenue than the previous year as a direct result of payment card fraud. In addition to their fraud losses, merchants also incurred more costs, with each dollar of fraud costing them in real losses $3.08, compared to $2.79 the previous year according to a report published on the true cost of fraud by Lexis Nexus.With the global annual rate of credit card frau
