SmartMetric Brings Biometric Authentication to the Estimated 1.6 Billion Chip and PIN Cards Used Around the World
Marketwire - Mon Mar 24, 10:23AM CDT
SmartMetric, Inc. (OTCQB: SMME): According to a recent reported statement by the National Retailers Federation, JPMorgan Chase in the United States that has been issuing chip and signature credit cards now, following the large scale Target card fraud, has decided to switch its USA EMV roll out to chip and PIN.
SmartMetric Prepares for Release of Its New Fingerprint Activated EMV Card -- Market Size of EMV Cards Worldwide in Excess of 1.6 Billion
Marketwire - Fri Mar 21, 10:17AM CDT
SmartMetric, Inc. (OTCQB: SMME) is readying to move into production of its fingerprint activated EMV chip credit and debit card. Having successfully created an extremely thin fully functional fingerprint scanner that fits inside a credit card, SmartMetric is able to have the credit card's EMV chip activated by the card owner after they touch a sensor on the card's surface and a positive match is made with the owner's fingerprint stored inside the card, said the company President and CEO, Chaya Hendrick.
SmartMetric Expects Hearing Before Federal Circuit Court to Be Scheduled for May 2014 in Its $13.4 Billion Patent Infringement Lawsuit Over EMV Technology Against Defendants Visa and Mastercard
Marketwire - Thu Mar 20, 9:35AM CDT
SmartMetric, Inc. (OTCQB: SMME) expects that its motions which it has brought in its patent infringement law suit against both Visa and MasterCard to be heard by the US Federal Circuit Court this coming May. If, as expected, the Court's hearing is held in May, then a ruling can be reasonably expected by June 2014, according to SmartMetric's President and CEO Chaya Hendrick. Of course this is a guideline and is subject to scheduling that is yet to be made by the Court.