SmartMetric Develops Biometric Chip Credit Cards Using Your Fingerprint to Turn on Your Credit Card -- You Are the New Biometric Security Key
Marketwired - Thu Dec 18, 9:25AM CST
SmartMetric, Inc. (OTCQB: SMME) After over ten years of research and development, SmartMetric has developed a biometric fingerprint reader powered by a rechargeable battery so small that it sits inside a credit or debit card. Now a person's own fingerprint becomes the ultimate key in activating the user's card rather than relying on numbers and tokens that travel across networks that can be easily hacked or intercepted. The card security, using biometric electronics developed by SmartMetric, is based on the user validation taking place on the card with no biometric information leaving the card and travelling across networks. This is a far safer and more secure methodology ensuring a much greater level of security for consumers and banks alike said today, the company President & CEO Chaya Hendrick.
SmartMetric Brings Chip & Fingerprint Biometrics to Chip and PIN EMV Credit Cards
Marketwired - Thu Dec 04, 7:59AM CST
SmartMetric, Inc. (OTCQB: SMME) SmartMetric has successfully developed a super miniature fingerprint scanner that sits inside a credit card to act as the ultimate key to protect a person's credit card. Forget passwords and computer generated tokens, by using a person's fingerprint to activate a user's credit or debit card "SmartMetric has made the card user the key," said SmartMetric's President & CEO, Chaya Hendrick.
Thirty-Three Percent of Data Breach Victims Become Victims of Fraud -- SmartMetric Uses Biometrics Inside the Credit Card to Protect Against Fraud
Marketwired - Mon Dec 01, 12:18PM CST
SmartMetric, Inc. (OTCQB: SMME) Recent reports estimate that between 700 and 800 million personal records were exposed in 2013, and most of those in the U.S. Other reports have suggested that up to 80% of these records included Social Security Numbers. This figure for 2014 will be substantially higher given the Target, Home Depot, etc., data breaches this year.
HD: 103.56 (-0.20)
Card Fraud Rates Continue to Increase as USA Debit Card Payments Nearly Double Credit Card Payments - SmartMetric Makes Card Based Payments Safer Using Biometrics
Marketwired - Mon Nov 24, 10:19AM CST
SmartMetric, Inc. (OTCQB: SMME) - Debit card payments exceeded the number of credit card payments for the first time around 2004. By 2012, the number of debit card payments had reached 47.0 billion -- much higher than the 26.2 billion credit card payments in the same year.*
Imagine No One Else Being Able to Use Your Credit Card -- SmartMetric Ties Your Fingerprint to Your Credit Card With Its In-Card Miniature Biometric Reader
Marketwired - Wed Nov 19, 2:49PM CST
SmartMetric, Inc. (OTCQB: SMME) -- Imagine a safer credit card that locks out thieves using the power of biometrics. SmartMetric, having spent more than a decade in research and development, has achieved what is nothing short of a major engineering breakthrough in creating a fully functional biometric fingerprint reader inside a chip debit and credit card. According to SmartMetric's President & CEO, Chaya Hendrick, the biometric in-card reader is used to identify the card user and, following a fingerprint match, the card is activated. This takes credit card security to a whole new level, creating a technological defence against data and identity thieves, she said. To read more about SmartMetric's biometric technology please go to www.smartmetric.com
A Chip on Your Credit Card Is Coming to Your Card in Your Wallet - SmartMetric Makes Chip Credit and Debit Cards Even Safer Using Its In-Card Biometric Identification
Marketwired - Fri Nov 14, 10:55AM CST
SmartMetric, Inc. (OTCQB: SMME) It is estimated that by the end of 2015 70% of payment cards in the United States will have a chip on them. The chip is called an EMV chip that takes the card user's information that is stored on the card's magnetic strip. In countries that have adopted chips on cards they have seen a drop of approximately 50% in card fraud rates. However this little chip hasn't eradicated fraud with fraudsters finding ways around the chip defenses. So SmartMetric has spent a great deal of time and investment on creating a better defense for the chip card. Using biometrics SmartMetric has created a miniature fingerprint scanner that is embedded inside the credit and debit card. According to SmartMetric's President & CEO Chaya Hendrick, using biometrics to authenticate the card user takes credit card security to a whole new level providing greater payments safety for banks and consumers alike.
77% of Consumers Do Not Trust the Security of Mobile Apps -- SmartMetric Says New Consumer Survey Shows the Failure and Distrust of Old Verification Systems
Marketwired - Wed Nov 12, 10:03AM CST
SmartMetric, Inc. (OTCQB: SMME) Nearly 50% of consumers have been a victim of a data breach, according to a new research report released by RSA in conjunction with the Ponemon Institute. Surveying consumers in the United States it found that nearly half had fallen victim to at least one data breach and 45% say they are not confident they know all instances of when their personal information has been leaked.
Biometric Activated Credit Card by SmartMetric Has the Computer Power of a Smartphone Inside a Credit Card
Marketwired - Mon Nov 10, 9:04AM CST
SmartMetric, Inc. (OTCQB: SMME) -- The biometric fingerprint activated credit, debit and identity card developed by SmartMetric has the computing power of today's smartphones, according to SmartMetric's President & CEO, Chaya Hendrick. Using a Cortex based microprocessor embedded inside the card on a complex circuit board, all less than 1/3 the thickness of a credit card, has enabled SmartMetric to create an advanced new miniature mobile computing device inside a credit or identity card, she said.
SmartMetric Says Nearly Half of Consumers Say They Will Use Cash Rather Than Cards Because of Security Concerns
Marketwired - Thu Nov 06, 9:27AM CST
SmartMetric, Inc. (OTCQB: SMME) -- A recent survey shows that nearly half of respondents said they will move away from using cards this holiday shopping period and will instead use cash. The research report, conducted by Princeton Survey Research Associates International on behalf of credit cards. com, said, "Some cardholders are vowing to avoid using plastic this holiday season, with 48 percent saying security breaches will make them more likely to pay with cash."
SmartMetric Brings Biometric Security to the Credit Card
Marketwired - Wed Nov 05, 10:29AM CST
SmartMetric, Inc. (OTCQB: SMME) -- Something that is all ways with is yourself. And using your own individual uniqueness as your security key is at the heart of the new SmartMetric Biometric activated credit and debit cards. Working with the new chip card technology that is used now around the world and being deployed in the United States, Smartmetric.com has added a fingerprint reader inside your credit card that adds biometric security to what has become a very unsafe technology.
SmartMetric Says EMV Chip Cards Are Not the Secure Fortress Against Credit Card Fraud as Many Believe
Marketwired - Mon Nov 03, 10:10AM CST
SmartMetric, Inc. (OTCQB: SMME) -- The new to the USA credit card standard called EMV is not the impenetrable security fortress that many have been lead to believe. With banks and retailers spending huge sums in conversion of systems and readers over to the new chip card technology called EMV chip cards cracks in the defences of EMV as a secure system are already being seen. Recently many of the credit card numbers that had been stolen in the recent Home Depot credit card heist have been used over the EMV payment network in Brazil causing yet again losses for US banks. This Brazil penetrative of EMV security is not the first time EMV technology has been shown to be vulnerable. Canada who has switched over to EMV chip cards still had EMV Card information stolen in the Canadian branches of Home Depot.
HD: 103.56 (-0.20)
According to a Gallop Poll 69% of Consumers Fear Having Their Credit Card Information Stolen -- SmartMetric Has Created a Safer Credit Card Using Biometrics
Marketwired - Tue Oct 28, 10:01AM CDT
SmartMetric, Inc. (OTCQB: SMME) After a spate of data breaches among major US retailers, people have become most concerned about the security of their credit card details. According to a Gallup poll, 69 percent of respondents stated that they worry about having credit information stolen by hackers. Just 31 percent said they worry about getting mugged while 18 percent frequently or occasionally worry about getting murdered.
Security a Major Issue for Mobile Payments by Smart Phone Users
Marketwired - Fri Oct 24, 9:23AM CDT
SmartMetric, Inc. (OTCQB: SMME) According to a just-published USA consumer survey by Phoenix Marketing International*, the use of NFC in mobile phones is still facing an uphill battle to obtain market acceptance amongst phone users and will still very much remain a fringe payments platform in comparison to plastic payment cards.
Data Breaches Are Affecting Consumer Behaviour and Trust in Credit Cards -- SmartMetric Says a Safer Card Is Needed
Marketwired - Wed Oct 22, 10:34AM CDT
SmartMetric, Inc. (OTCQB: SMME) -- According to a new survey nearly half of cardholders are vowing to avoid using plastic this holiday season, with 48 percent saying security breaches will make them more likely to pay with cash.
SmartMetric Says Cards Will Remain King of the Payments Castle While Mobile Payments Will Remain a Fringe Player
Marketwired - Mon Oct 20, 8:47AM CDT
SmartMetric, Inc. (OTCQB: SMME) -- It is a simple equation. Will a payment system that has less than 2% of point of sale readers capable of reading a mobile device displace an existing system that has nearly a 100% point of sale footprint. Simply put the existing payments infrastructure is built around cards so much so that the average mall shopper wouldn't leave home without their piece of plastic. And until every mall retailer changes their point of sale equipment plastic will remain the dominant payments platform according to SmartMetric, Inc. President & CEO Chaya Hendrick.
Report Says Card Fraud Could Be Larger Than the Illegal Drug Trade -- SmartMetric Biometric Fingerprint Activated Cards to Fight Both Bank Fraud and Identity Theft
Marketwired - Fri Oct 17, 8:01AM CDT
SmartMetric, Inc. (OTCQB: SMME) -- According to a report on cybercrime published earlier this year by the Rand Corporation, card theft is already probably greater than the money involved in the international drug trade. Speaking on Wednesday, SmartMetric's President and CEO, Chaya Hendrick, said that the losses and direct effects on the economy of card fraud and related identity theft are at such levels to be seen as a national finance security threat. She said the time has come to deploy better defenses against this global criminal onslaught. SmartMetric uses biometrics as the security key rather than passwords on its payment cards, access control cards and identity verification cards. By using fingerprint biometrics built inside its cards SmartMetric has developed a much safer security platform that turns the person into the key.
SmartMetric Says the Day of the Password Is Numbered -- JP Morgan Chase Data Breach Shows the Failure of Passwords
Marketwired - Wed Oct 08, 9:28AM CDT
SmartMetric, Inc. (OTCQB: SMME) -- The recent 70 million account data breach at JP Morgan Chase reveals more than the precarious safety of our information. It has come to light that the breach was caused by data thieves obtaining access to the Bank's servers using an administrator's password. SmartMetric says the reliance at all levels of data security on passwords is like relying on a bow and arrow for defence in the age of the machine gun. Speaking today the company President and CEO Chaya Hendrick said while networks and access control systems still rely on old technology such as passwords they will remain vulnerable to attack. SmartMetric uses biometrics as the security key rather than passwords on its payment cards, access control cards and identity verification cards. By using fingerprint biometrics built inside its cards SmartMetric has developed a much safer security platform that turns the person into the key.