mastercard Archives - Page 5 of 11

SmartMetric Wins $3 Million Fee Dispute With Visa Inc. and Mastercard International

By Publisher on March 26, 2015 Internet, Picture Gallery

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

Bento for Business Launches Prepaid Commercial MasterCard Solution Built Specifically for Small Businesses

By Publisher on March 25, 2015 Picture Gallery, Software

New Startup Gives Small Business Owners Unprecedented Control Without Requiring Them to Put Their Personal Credit at Risk; Helps Plug Expense –Leaks–

SmartMetric Uses a Fingerprint Sensor as Thin as a Pencil Line on Your Credit Card to Tie the Credit Card to the Authorised User

By Publisher on March 23, 2015 Internet, Picture Gallery

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 &

The Ultimate and Safer Credit Card — SmartMetric Ties the Credit Card to the Card Owner Using In-Card Biometrics

By Publisher on March 19, 2015 Internet, Picture Gallery

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

$32 Billion Lost by Retailers to Credit Card Fraud — SmartMetric Brings Biometric Technology to the Credit Card

By Publisher on March 17, 2015 Internet, Picture Gallery

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

SmartMetric Biometric Payments Card to Be Used for Card to Card Funds Transfer

By Publisher on March 16, 2015 Internet, Picture Gallery

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

Merchants See a Dramatic 46% Increase in Fraudulent Transactions — Time for a Better Card Technology, Says SmartMetric

By Publisher on March 13, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 03/13/15 — SmartMetric, Inc. (OTCQB: SMME) has created a fingerprint activated biometric credit and debit card to fight card and identity fraud. With the staggering increase in online and offline financial fraud, the need for a better payments card technology is self-evident, according to SmartMetric–s President & CEO, Chaya Hendrick.The average merchant suffered 133 successful fraudulent transactions per month in 2014, up 46% from the previous year.As a p

2.37 Billion EMV Chip Payment Cards Issued Globally — SmartMetric Adds Biometric Security Inside Chip Cards

By Publisher on March 12, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 03/12/15 — SmartMetric, Inc. (OTCQB: SMME) The market for EMV Chip Cards has grown to over 2.37 billion issued credit and debit cards globally. These cards use a chip on the surface rather than relying on the 40 year old mag stripe technology to store a card users information. Problem is that the card can still be hacked or used by someone else.SmartMetric has spent over a decade in R&D to create a biometric fingerprint scanner inside the card in order to t

SmartMetric Biometric Fingerprint Activated Payments Card Has Estimated Five Year Life Based on Its Advanced Power Management System Inside the Card

By Publisher on March 9, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 03/09/15 — SmartMetric, Inc. (OTCQB: SMME), the developer of the in-card fingerprint scanner and recognition system for credit and debit cards, announced today that its card will have an effective five year life due to its advanced internal power management system.Having a rechargeable battery and a sophisticated power management system inside the card, while still retaining the ISO size and thickness of a standard credit card, allows the card to be effectively

Data Theft Leads to Identity Theft and a New Report Shows United States Consumers Lost $16 Billion in 2014 With an Identity Theft Victim Every 2 Seconds — SmartMetric Biometric Payments and Identity Cards Provide a Better Security Solution

By Publisher on March 6, 2015 Internet, Picture Gallery

NEW YORK, NY — (Marketwired) — 03/06/15 — SmartMetric, Inc. (OTCQB: SMME) — A recent study conducted by Javelin Strategy & Research found that fraudsters stole $16 billion from 12.7 million U.S. consumers in 2014. The report also found a new identity fraud victim every two seconds.Data breaches were large in 2014, and they already had a significant impact on identity fraud. The study found that two-thirds of identity fraud victims in 2014 had previously received a data breach notificati