NEW YORK, NY — (Marketwired) — 04/15/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, using its in-card biometric fingerprint reader, has developed an NFC contactless chip that is activated following a positive fingerprint match by the card user.NFC stands for Near Field Communication and is the standard method adopted in the payment industry to allow for wireless contactless credit or debit card transactions. Many credit and debit cards have already installed NFC chips, however, they have
NEW YORK, NY — (Marketwired) — 04/13/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric has developed a super small fully functional fingerprint reader that is embedded inside your credit card. Forget passwords and PIN–s that are easily hacked. Now you become the key to activate your credit and debit cards.Simply sliding your finger across a pencil thin silicon sensor on the cards surface activates the cards internal fingerprint reader that in turn matches your fingerprint with your fingerpri
NEW YORK, NY — (Marketwired) — 04/08/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, after over a decade of research and development, has succeeded in embedding inside a standard credit and debit card a fully functional biometric fingerprint scanner.This amazing advance in electronic miniaturisation allows SmartMetric to bring the power of biometric security to credit and debit cards as a powerful defense in the ongoing war against payment card fraud.Using a miniaturised Cortex processor t
NEW YORK, NY — (Marketwired) — 04/01/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric has developed what is almost inconceivable. A fully functional biometric fingerprint reader that sits inside a credit card. Using its own engineering team and following over a decade of R&D, SmartMetric has been able to achieve electronics miniaturisation unthought of until now.Having a fully functional fingerprint reader inside a credit or debit card allows biometric identification to be used to authen
NEW YORK, NY — (Marketwired) — 03/31/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric, having developed a fingerprint-activated chip and PIN or what is called an EMV chip payments card, is now adding a CVV number that is displayed only after a successful biometric fingerprint match."This biometric-activated CVV display will be an invaluable tool in protecting the card from unauthorised use online," said SmartMetric–s President & CEO, Chaya Hendrick."SmartMetric is abou
NEW YORK, NY — (Marketwired) — 03/26/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric is pleased to advise that it has won a legal fee dispute with Visa Inc. and MasterCard International. The two respective payments card companies had sought what would have approximated to $3 million in fees and costs against SmartMetric arising from the SmartMetric patent infringement claim against Visa Inc. and MasterCard International."This is great news for SmartMetric, freeing us now to move forwar
NEW YORK, NY — (Marketwired) — 03/23/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric has successfully embedded a fingerprint sensor as thin as a pencil line into a credit card creating a credit card that is turned on by the authorised card holder using his or her biometrics.This is a powerful tool in fighting card and identity fraud since the SmartMetric in card biometric card technology is being used to tie the payment card to the user of the card, said today SmartMetric President &
NEW YORK, NY — (Marketwired) — 03/19/15 — SmartMetric, Inc. (OTCQB: SMME) After more than a decade of R&D, SmartMetric has developed a safer credit card using the SmartMetric miniature fingerprint reader that is embedded inside the card to verify the card user and to activate the card.The biggest challenge faced in creating a miniature fingerprint reader according to SmartMetric–s President & CEO, Chaya Hendrick was the size of the electronic components needed to power the fingerpri
NEW YORK, NY — (Marketwired) — 03/17/15 — SmartMetric, Inc. (OTCQB: SMME) The cost of fraud for United States retailers jumped over 39% in twelve months from 2013 to 2014. Approximately $32 billion in 2014 was lost due to fraud, an increase from $23 billion just one year earlier.*The single largest cause of the massive retail fraud losses is because of the overwhelming and continued weak security of credit and debit cards.To solve this problem, SmartMetric has developed a ground breaking bio
NEW YORK, NY — (Marketwired) — 03/16/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric–s fingerprint activated biometric payments card with a powerful inbuilt Cortex processor and sophisticated software allows the credit or debit card to become an intelligent funds processor allowing card to card funds distribution.The advantage of the SmartMetric Biometric activated card is that both sender and receiver cards are activated and verified by each users individual fingerprint allowing a highly
