NEW YORK, NY — (Marketwired) — 01/13/15 — SmartMETRIC Inc. (OTCQB: SMME) SmartMETRIC, the developer of "in-card" biometric fingerprint technology for EMV payment cards, has developed what it refers to as a ubiquitous identity and access control card with its built in biometric fingerprint scanner.According to the company President & CEO, Chaya Hendrick, the incorporation of its miniature finger print scanner inside an identity card provides a whole new level of security that ca
NEW YORK, NY — (Marketwired) — 01/07/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric, having developed its cutting edge fingerprint activated payments cards, has successfully incorporated its miniature biometric technology into a state of the art multifunctional Identity and Access Control Card.Using SmartMetric advanced electronic engineering, the company has been able to create an Identity Card that is the size of a credit card and has inside an incredible, small, fully functional fing
NEW YORK, NY — (Marketwired) — 01/06/15 — SmartMetric, Inc. (OTCQB: SMME) First there was a magnetic stripe on your credit card. Problem is that a five dollar mag stripe reader in the back of a restaurant could grab your card number, your name, card expiration, etc. with a simple swipe by data thieves. Forty years on, in a rush to overcome this inherently insecure technology we saw a card launched with a chip but still with the low tech mag stripe packed with your personal information. What
NEW YORK, NY — (Marketwired) — 12/18/14 — SmartMetric, Inc. (OTCQB: SMME) After over ten years of research and development, SmartMetric has developed a biometric fingerprint reader powered by a rechargeable battery so small that it sits inside a credit or debit card. Now a person–s own fingerprint becomes the ultimate key in activating the user–s card rather than relying on numbers and tokens that travel across networks that can be easily hacked or intercepted. The card security, using bio
NEW YORK, NY — (Marketwired) — 12/04/14 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric has successfully developed a super miniature fingerprint scanner that sits inside a credit card to act as the ultimate key to protect a person–s credit card. Forget passwords and computer generated tokens, by using a person–s fingerprint to activate a user–s credit or debit card "SmartMetric has made the card user the key," said SmartMetric–s President & CEO, Chaya Hendrick.The SmartMetric
NEW YORK, NY — (Marketwired) — 12/01/14 — SmartMetric, Inc. (OTCQB: SMME) Recent reports estimate that between 700 and 800 million personal records were exposed in 2013, and most of those in the U.S. Other reports have suggested that up to 80% of these records included Social Security Numbers. This figure for 2014 will be substantially higher given the Target, Home Depot, etc., data breaches this year.In 2013, one in three consumers who received notification of a data breach became a victim
NEW YORK, NY — (Marketwired) — 11/24/14 — SmartMetric, Inc. (OTCQB: SMME) – Debit card payments exceeded the number of credit card payments for the first time around 2004. By 2012, the number of debit card payments had reached 47.0 billion — much higher than the 26.2 billion credit card payments in the same year.*A global fraud study by ACI Worldwide and the Aite Group, also highlighted that nearly 25 percent of consumers changed financial institutions due to dissatisfaction after experienc
NEW YORK, NY — (Marketwired) — 11/17/14 — SmartMetric, Inc. (OTCQB: SMME) — Imagine a safer credit card that locks out thieves using the power of biometrics. SmartMetric, having spent more than a decade in research and development, has achieved what is nothing short of a major engineering breakthrough in creating a fully functional biometric fingerprint reader inside a chip debit and credit card. According to SmartMetric–s President & CEO, Chaya Hendrick, the biometric in-card reader i
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
