NEW YORK, NY — (Marketwired) — 04/21/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric says the recent report by the research company BI Intelligence reveals a massive increase in the cost of payment card fraud for United States retailers. The report shows that the cost of fraud increased from $23 Billion in 2013 to $32 Billion in 2014. This represents almost a 40% increase in the cost of fraud in just 12 months.According to SmartMetric, this unsustainable cost of fraud and its staggering yea
NEW YORK, NY — (Marketwired) — 04/17/15 — SmartMetric, Inc. (OTCQB: SMME), the developer of the miniature in-card credit and debit card biometric fingerprint scanner says the hype over mobile payments doesn–t match with even the most optimistic projections for mobile payment adoption. According to figures from Statista and eMarketer the projected dollar value of mobile transactions for 2018 to be $118 Billion. This is dwarfed by the actual dollars spent using plastic credit cards which was
NEW YORK, NY — (Marketwired) — 04/16/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, the developer of biometric activated EMV chip credit and debit cards is applying its advances in miniaturised electronics to create a better and more secure identity and access control card.With a SmartMetric miniature in-card fingerprint reader the new biometric fingerprint activated and verified identity and access control card is a major leap forward in using the power of biometrics for enhanced securit
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
Geminare Expands Patent Portfolio With Second Issue of USPTO Patent for Its DRaaS Cloud Management Platform Further Elevating Its Leadership Position Within the DRaaS Market
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
