NEW YORK, NY — (Marketwired) — 05/18/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric, the creator of a fully functional biometric fingerprint reader that sits inside a credit or debit card says that the massive increase in financial losses due to credit card and account takeover fraud show the need for better and stronger identity and payments card security.A recently published report, titled, The True Cost Of Fraud, by LexisNexis reveals a huge increase in credit card fraud rates. For 2
NEW YORK, NY — (Marketwired) — 05/12/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, the creator of a fully functional biometric fingerprint reader that sits inside a credit or debit card says that it–s miniaturised in card electronics has turned the humble payments card into a powerful computing device in its own right.Using a powerful Cortex processor similar to what is found in today–s smart phones, SmartMetric has successfully added Gigabytes of memory storage along with a powerful p
NEW YORK, NY — (Marketwired) — 05/11/15 — SmartMetric, Inc. (OTCQB: SMME): EMVCo, the chip card standards body, reported 3.4 billion EMV cards in global circulation 06 May 2015.By the end of 2014, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4 2013.Cards remain the dominant platform for payments globally as they represent the only payments platform accepted across retail stores globally while also working with the existing AT
NEW YORK, NY — (Marketwired) — 05/07/15 — SmartMetric, Inc. (OTCQB: SMME) Available now for viewing on the SmartMetric website is a new product video showing how simple to use the SmartMetric fingerprint activated payments card is. Using the power of the SmartMetric developed and engineered miniature fingerprint scanner embedded inside the card, SmartMetric brings the security and power of biometric identity validation to the credit and debit card.To view the new fingerprint activated paymen
NEW YORK, NY — (Marketwired) — 05/05/15 — SmartMetric, Inc. (OTCQB: SMME) — Based on experience following the adoption EMV Chip & PIN payment cards in Europe, the United States needs to brace itself for a massive uptick in online fraud or what is called in the industry, CNP (Card Not Present) fraud.Given the heightened security of chip cards in retail sales and ATM transactions the European experience showed that the criminal focus shifted to the less secure and next weakest point. That
NEW YORK, NY — (Marketwired) — 05/01/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric announces that it is now purchasing electronic components for its first mass production manufacturing of advanced security biometrics payments card powered by the SmartMetricSmart metric in card miniature biometric fingerprint scanner.Using the power of biometrics, SmartMetric has been able to achieve an amazing level of electronics miniaturisation, having built a complete finger print scanner with a power
NEW YORK, NY — (Marketwired) — 04/27/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric announces that it is now in a position to move forward into mass production of its advanced secure biometric fingerprint activated chip payment cards. This is following recent private equity funding received by the company that has enabled SmartMetric to proceed to this exciting stage of its development.Lead times for some critical components are being finalised but it is expected that production will be st
NEW YORK, NY — (Marketwired) — 04/21/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric says the recent report by the research company BI Intelligence reveals a massive increase in the cost of payment card fraud for United States retailers. The report shows that the cost of fraud increased from $23 Billion in 2013 to $32 Billion in 2014. This represents almost a 40% increase in the cost of fraud in just 12 months.According to SmartMetric, this unsustainable cost of fraud and its staggering yea
NEW YORK, NY — (Marketwired) — 04/17/15 — SmartMetric, Inc. (OTCQB: SMME), the developer of the miniature in-card credit and debit card biometric fingerprint scanner says the hype over mobile payments doesn–t match with even the most optimistic projections for mobile payment adoption. According to figures from Statista and eMarketer the projected dollar value of mobile transactions for 2018 to be $118 Billion. This is dwarfed by the actual dollars spent using plastic credit cards which was
NEW YORK, NY — (Marketwired) — 04/16/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, the developer of biometric activated EMV chip credit and debit cards is applying its advances in miniaturised electronics to create a better and more secure identity and access control card.With a SmartMetric miniature in-card fingerprint reader the new biometric fingerprint activated and verified identity and access control card is a major leap forward in using the power of biometrics for enhanced securit
