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

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