NEW YORK, NY — (Marketwired) — 10/22/14 — SmartMetric, Inc. (OTCQB: SMME) — According to a new survey nearly half of cardholders are vowing to avoid using plastic this holiday season, with 48 percent saying security breaches will make them more likely to pay with cash.As data breaches exposing consumer credit card, debit card and other personal information become more common, nearly half of cardholding shoppers say they–re reluctant this holiday season to return to stores that have been ha
NEW YORK, NY — (Marketwired) — 10/20/14 — SmartMetric, Inc. (OTCQB: SMME) — It is a simple equation. Will a payment system that has less than 2% of point of sale readers capable of reading a mobile device displace an existing system that has nearly a 100% point of sale footprint. Simply put the existing payments infrastructure is built around cards so much so that the average mall shopper wouldn–t leave home without their piece of plastic. And until every mall retailer changes their point
NEW YORK, NY — (Marketwired) — 10/17/14 — SmartMetric, Inc. (OTCQB: SMME) — According to a report on cybercrime published earlier this year by the Rand Corporation, card theft is already probably greater than the money involved in the international drug trade. Speaking on Wednesday, SmartMetric–s President and CEO, Chaya Hendrick, said that the losses and direct effects on the economy of card fraud and related identity theft are at such levels to be seen as a national finance security thre
NEW YORK, NY — (Marketwired) — 10/08/14 — SmartMetric, Inc. (OTCQB: SMME) — The recent 70 million account data breach at JP Morgan Chase reveals more than the precarious safety of our information. It has come to light that the breach was caused by data thieves obtaining access to the Bank–s servers using an administrator–s password. SmartMetric says the reliance at all levels of data security on passwords is like relying on a bow and arrow for defence in the age of the machine gun. Speaki
NEW YORK, NY — (Marketwired) — 10/06/14 — SmartMetric, Inc. (OTCQB: SMME) The cost to the economy, and consumers in particular, of the recent explosion in data breaches at some of the biggest consumer enterprises in the United States goes way beyond the direct fraud losses that flow from the fraudulent use of credit card information to make in person and online purchases. According to a 2014 published report by Javelin Strategy & Research, 1 in 3 people who received data breach notificat
BOSTON, MA — (Marketwired) — 10/06/14 — The Markman hearing for the by (OTCQB: WDDD) against Activision Blizzard, Inc., Blizzard Entertainment, Inc. and Activision Publishing, Inc. (Activision Blizzard et al) (), was held October 3, 2014 to address various aspects of the infringement suit claims and how the words in the 11 disputed "constructions" in the claims should be construed for jury consideration. The additional purpose is for the court to determine the meaning and intent
NEW YORK, NY — (Marketwired) — 10/01/14 — SmartMetric, Inc. (OTCQB: SMME) According to a new national survey* identity theft, 70 percent and personal cybersecurity, 61 percent are the security issues of greatest concern to Americans.These fears are most likely grounded in experience as nearly 39 percent of those surveyed have suffered a personal security breach, such as identity theft, unauthorized use of credit card information or email/social media account hacking.The fear of identity thef
NEW YORK, NY — (Marketwired) — 09/30/14 — SmartMetric, Inc. (OTCQB: SMME) Alternative payment technologies such as mobile phones using wallet based systems have a long way to go before they even come close to eclipsing plastic credit cards, let alone replacing them, says the President & CEO of SmartMetric, Inc. Chaya Hendrick today.According to SmartMetric, the biggest problems with phones as a payment replacement to cards is phones are not as trusted as cards, even in the light of the r
TEL AVIV, ISRAEL — (Marketwired) — 09/24/14 — SmartMetric, Inc. (OTCQB: SMME) — Speaking today from SmartMetric–s electronic engineering center in Tel Aviv, Israel, the company President & CEO, Chaya Hendrick, said SmartMetric has turned the credit card into a mobile device enabling multiple functions while using its embedded biometric fingerprint scanner to protect transactions and information stored inside the user–s credit or debit card. Using a powerful Cortex processor inside the
TEL AVIV, ISRAEL — (Marketwired) — 09/22/14 — SmartMetric, Inc. (OTCQB: SMME) — Speaking today from SmartMetric–s electronic engineering center in Tel Aviv, Israel the company President & CEO Chaya Hendrick said the company has achieved a sub one second fingerprint scan with its miniature fingerprint scanner embedded inside an EMV chip credit/debit card. This has been achieved using a Cortex processor that has reduced power consumption and therefore gives the cards battery an extended
