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Posted On: 09/24/2020 1:15:42 PM
Post# of 44347
Posted By: Lee Adams
Re: stocksonhighalert #19661
$SMME : The need for the security advancements that SMME is delivering at this time could not be more urgent. Card users need strong fraud protection from the ever growing threats in the financial sector but they also need contactless options now to guard against the risks of the Covid pandemic. SMME is on top to these challenges and delivering solutions that will work.

From the SMME news:

The SmartMetric biometric credit and debit card is the perfect solution for true non-contact card use. With its built-in fingerprint sensor on the card that scans the card holders’ fingerprint when they touch the surface of their card. Their card scans their fingerprint, matches it with their fingerprint stored inside the card and in less than half a second authenticates the card user and turns on the card to send and receive a contactless signal to the reader.

Using a card user's own biometrics stored inside their own credit or debit card is far more secure in validating the authentication of the card user than the weaker security of a four digit PIN. It is now not only more secure than a PIN but allows the contactless credit or debit card to be used without the very low point of sale dollar transaction imposed on current contactless cards. All without the need to touch a suspect unclean card touch pad.

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