mastercard Archives

818 Million Individual Records Have Been Stolen Over the Past Decade — This Mass Collection of United States Citizen–s Information By Data Thieves Is So Great That It Now Has Made Traditional Methods of Validating the Identity of a Person Highly Insecure

By Publisher on August 14, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 08/14/15 — SmartMetric, Inc. (OTCQB: SMME) Since 2005, Identity Theft Resource Center (ITRC) has counted 5,497 breaches through August 11, 2015, involving more than 818 million records within the United States.What is most disturbing with this number of individual illegal data collection breaches is that a growing percentage have not just exposed credit card details but individual identity information such as social security numbers. With social security number

SmartMetric Says According to a Just Released Report Global Payment Card Fraud Losses Reached $16.31 Billion With Losses in the USA Alone Reaching $7.86 Billion

By Publisher on August 10, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 08/10/15 — SmartMetric, Inc. (OTCQB: SMME) U.S. fraud losses equalled 12.75 cents for every $100 in total volume last year. Global payment card fraud, grew by 19%, which outpaced transaction volume growth that grew by only 15% according to a report published by The Nelson Report.What is concerning is even after the increased usage globally of EMV chip cards designed to make card fraud more difficult, the actual fraud rate over card transaction card growth incre

SmartMetric Developing Biometric Activated Security Code Display to Fight Online Card Fraud and Identity Theft

By Publisher on August 7, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 08/07/15 — SmartMetric, Inc. (OTCQB: SMME), the creator of the fingerprint biometric protected credit and debit cards is developing a credit card that has the cards security code or why is called a CVV number activated following the cards users fingerprint match.The SmartMetric biometric fingerprint authentication system works with EMV chip cards with the EMV chip turned on only after a successful fingerprint scan and match with the card user. SmartMetric has c

Credit Card Fraud Continues to Grow With Estimated USA Fraud Losses Reaching $10 Billion – SmartMetric Brings to Market a Biometric Solution to Fight Card and Identity Theft

By Publisher on August 3, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 08/03/15 — SmartMetric, Inc. (OTCQB: SMME) Americans lose $8.6 billion to credit card fraud, according to the Aite Group, and this number is expected to reach $10 billion by 2015, according to the Nilson Report.With 47% of the world–s credit card fraud happening in the United States, even though Americans only account for 24% of the total credit card volume it is a matter of high and pressing concern to fight this avalanche of losses.EMV chip cards are now bei

SmartMetric, the Developer of In Your Credit Card Biometric Fingerprint Reader Has Completed First Stage Mass Production of Its Fingerprint Activated and Verified Credit / Debit Cards

By Publisher on July 29, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 07/29/15 — SmartMetric, Inc. (OTCQB: SMME), the creator and developer of the biometric fingerprint activated credit and debit cards has successfully completed its first round of mass production of its fingerprint activated and verified debit and credit card.After years of research and development it is an exciting time for us to overcome the obstacles in mass production of our revolutionary card. It is one thing to produce a card like ours in the lab in our eng

SmartMetric, the Developer of In Your Credit Card Biometric Fingerprint Reader, Is Scheduled to Complete First Stage Manufacturing by the End of July

By Publisher on July 21, 2015 Networking, Picture Gallery

NEW YORK, NY — (Marketwired) — 07/21/15 — SmartMetric, Inc. (OTCQB: SMME), the creator and developer of the biometric fingerprint activated credit and debit cards is on schedule to have completed its first round of mass manufacturing by the end of July, 2015.This manufacturing round will allow us to put into the hands of financial institutions around the world, our ground breaking payments card said today SmartMetric–s President & CEO, Chaya Hendrick.Using the power of biometrics in a d

SmartMetric, Building on Its Miniaturized Biometric Fingerprint Scanner Technology Built Inside Credit and Debit Cards, Is Now Developing a Contactless Payments Card That Has Its NFC Radio Transmission Turned On Only After a Fingerprint Match of the Card

By Publisher on July 14, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 07/14/15 — SmartMetric, Inc. (OTCQB: SMME): SmartMetric, the creator and developer of the biometric fingerprint activated credit and debit cards, is now developing a contactless credit card that uses NFC radio frequency that is turned on only after a card holder–s fingerprint has been scanned and matched using the card–s built-in fingerprint scanner.Using the power of biometrics in a discreet and powerful way inside credit and debit cards provides a far great

SmartMetric Says Recent EMV Chip Card Global Deployment Figures Show a Growth of Over 1 Billion in New Cards in 12 Months — Growth in EMV Cards 2013 to 2014, From 2.37 Billion to 3.4 Billion Cards Now in Use

By Publisher on July 13, 2015 Networking, Picture Gallery

NEW YORK, NY — (Marketwired) — 07/13/15 — SmartMetric, Inc. (OTCQB: SMME) says the adoption and growth in EMV chip cards globally is astonishing. According to figures released by the industry body EMVco, there are as of end of quarter 2014, now more than 3.4 billion EMV chip credit and debit cards in circulation. This is a massive 12 month increase over the previous year (2.37 billion) representing a growth rate of 43%.The 3.4 billion EMV chip credit and debit cards does not take into accoun

SmartMetric Says After All the Hype Over Mobile Payment the Reality Is Plastic Payments Cards Continue to Dominate – Mobile Payment Wallets Are on Only 13% of Phones and 76% of These Installed Wallets Are Never Used by Consumers

By Publisher on July 10, 2015 Internet, Picture Gallery

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

SmartMetric Has Commenced Production of Its Biometric Fingerprint Payments Card

By Publisher on July 9, 2015 Networking, Picture Gallery

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