SmartMetric Says Existing Credit Card System Is Broken and Its Biometric Card Is the Solution -- From Albertsons, Target, Michaels, Neiman Marcus, P.F. Chang's, SuperValu, Etc. to Now Home Depot -- No Card Is Safe
Marketwire - Tue Sep 09, 9:38AM CDT
SmartMetric, Inc. (OTCQB: SMME): The Home Depot credit card data theft across the United States and Canada once again shows how vulnerable the piece of plastic in your wallet or purse is. It now appears that the Home Depot data theft has taken enough shopper information that it is allowing the thieves to change passwords at banks and then extract large amounts from teller machines using a cloned card with the newly stolen information. Not only are people seeing their accounts depleted of cash but as recent history shows many Home Depot shoppers will also become victims of serious identity theft. Figures have shown an upsurge in identity theft cases following major data breaches.
SmartMetric Builds a Better Payments Card Using Biometrics -- Adding a Fingerprint Reader Inside Your Credit and Debit Card to Turn on the Card Ensures Only You Can Use Your Card
Marketwire - Thu Sep 04, 10:20AM CDT
SmartMetric, Inc. (OTCQB: SMME) has developed a super small fingerprint reader that fits inside your credit or debit card that is used to read your fingerprint from an on card sensor that then matches your fingerprint with the fingerprint stored inside the card which then after the card users identity is established using biometrics turns on the card. This is all done in less than a second. There are a number of features of the biometric payments card specifically designed to protect the consumer. First of all the user's fingerprint is stored inside the Cortex processor inside the card. Your fingerprint never leaves your card and is not stored on a central database thereby protecting the user's fingerprint. From a users security perspective this overcomes previous attempts at biometric implementations that had a person's biometrics stored on a central computer. And as is all too frequently shown, a central database of consumer information is the least safe method for security. The second advantage of the SmartMetric in-card fingerprint reader is that it doesn't require different ATM or retail card readers. "Using the EMV chip on card technology being used around the world and now being adopted in the United States as the communication interface, the SmartMetric Biometric card solution represents a giant leap forward in data and payments security," said the company President & CEO, Chaya Hendrick.
SmartMetric Says Recent Report Shows Consumer Adoption Continues to Be a Struggle for Digital Wallet Providers While Consumers Feel More Comfortable With Using Cards -- Apple iCloud Data Theft Further Compounds Trust Issue for Mobile Phones
Marketwire - Tue Sep 02, 10:46AM CDT
SmartMetric, Inc. (OTCQB: SMME) Lack of trust of the mobile phone is the biggest impediment to the adoption of mobile phone based payments according to a recent survey of USA consumers. This raises the issue of the long term effects of the most recent data breach of Apples iCloud. While Apple prepares to launch its new mobile payments platform for use with its iPhone 6 phone, the data breach of its integrated iCloud service could be severely hurt by the data theft from its servers. Particularly since trust is the biggest concern and single largest issue stopping the adoption of mobile phone based payments.
SmartMetric Says Recent Report Shows Consumer Adoption Continues To Be A Struggle for Digital Wallet Providers While Consumers Feel More Comfortable With Using Cards - Apple iCloud Data Theft Further Compounds Trust Issue For Mobile Phones
ACCESSWIRE - Tue Sep 02, 10:07AM CDT
NEW YORK, NY / ACCESSWIRE / September 2, 2014 / SmartMetric, Inc. (OTCQB:SMME) Lack of trust of the mobile phone is the biggest impediment to the adoption of mobile phone based payments according to a recent survey of USA consumers. This raises the issue of the long term effects of the most recent data breach of Apples iCloud. While Apple prepares to launch its new mobile payments platform for use with its iPhone 6 phone the data breach of its integrated iCloud service could be badly hurt by the data theft from its servers. Particularly since trust is the biggest concern and single largest issue stopping the adoption of mobile phone based payments.
SmartMetric Has Engaged New York Based Oberon Securities as Its Investment Bank
Marketwire - Fri Aug 29, 9:20AM CDT
SmartMetric, Inc. (OTCQB: SMME) SmartMetric has appointed New York based Oberon Securities as the company's Investment Banker. SmartMetric is raising funding in an institutional round to provide additional funding for the company's product manufacturing and global expansion.