$SMME - The recent news from the company has shown us that
$SMME - The recent news from the company has shown us that SmartMetric management is very much in-tune with the new requirements that consumers will have in respect to increased safety in the pandemic era we face today. It is very reassuring to read how the SmartMetric team is adapting its advanced biometric technology to meet these challenges.
From the May 15th SMME PR:
“SmartMetric sees that Covid-19 will cause a rethink across all areas that have public touch points ushering in a total rethink on how consumers will interact with devices including the processing of their credit card at a checkout," said today Chaya Hendrick, SmartMetric’s President and CEO.
The SmartMetric fingerprint activated dual interface credit and debit cards, having both contact insertion into a card reader along with contactless RFID/NFC wireless reading, use biometrics to provide a much higher level of card security to that of PIN based cards. At the same time the card's enhanced security that stops the card from being able to be used unless there is a 100% fingerprint match with the card user's fingerprint, provides Banks with a much safer card platform. Even the card's RFID/NFC contactless feature is only activated following the biometric fingerprint match.
Using biometrics that are built into the card delivers a quantum leap in card security while now making contactless card payments even safer than the standard credit card. This means that Banks can now rethink the transaction dollar amount limit now in place on contactless credit and debit cards. With a card that can now only be used by the person the card is issued to, contactless “no pin pad touch” transactions can be safely used by the consumer while mitigating card fraud for the Banks.
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Decoupling Oil Price and Production Response This oil market isn’t your usual rodeo. With Brent flirting with $100, it’s a seismic shift that’s not yielding new drills but redirecting capital to the existing infrastructure landscape. Ask yourself why we're not seeing the usual cavalry charge of new rigs. It’s simple: Pipeline mileage and producing wells have...
Continue Reading
Massive Prize Pools Emerge in Just Four Days I found myself eyeballing some jaw-dropping numbers from Americas Cardroom's latest poker series, the Online Super Series XL. It's not every day you see nearly a hundred tournaments rake in over $7.2 million in prize pools in just four days. From September 6th to 9th, a whopping 62,847 entries signed up to make an honest...
Continue Reading
AI Without the Headache Alright folks, IREX is shaking things up, and not in the usual iterative, bit-by-bit tech progression way. StreamVLM™ has been rolled out as the world's first vision-language model (VLM) analytics engine tailored for the public safety sector—specifically, for cloud platforms. I’ve been around the block enough times to spot a significant shift...
Continue Reading
A Somber Day at NYSE: Reflecting on 9/11 September 11th grips the heart of NYSE every year, but this year's 25th-anniversary powerfully reverberates through its hallowed halls. The hustle of the trading floor halts for a moment at 9:20 AM ET, paying homage to those lost in the harrowing attacks. I've seen the markets flap in the wind of countless crises, but nothing's...
Continue Reading
Paving the Way for Seamless International Shipping Supply Maverick's got a new mantra, folks: simplicity. They're slicing through the mess of international shipping and bringing some much-needed clarity for customers in Canada, Australia, and New Zealand. It’s about time someone shook up the logistics playbook. The Nuts and Bolts of the New Shipping System Imagine being...
Continue Reading
Korean Spirits Jari Eyes U.S. Market Entry Some stories just have that perfect 'right time, right place' vibe, and CJ Foods' recent splash with their Korean spirits brand jari is one of them. Buckle up, because this one's about a Korean distilling sensation gearing up to hit American shores with a bang. Accolades Pave the Path Jari, the premium Korean distilled spirits...
Continue Reading
Fermi's Roller Coaster: A Founder’s Stand Seems like Fermi Inc. is on a wild ride through the business landscape, and it's giving shareholders more whiplash than satisfaction these days. Toby Neugebauer, co-founder of Fermi and the loudest voice in the room, is feeling like his company is facing some serious turbulence and seems determined not to sit idly by as it hits...
Continue Reading
Sustainability Investments: A Tale of Contrasts In the world of sustainability, a staggering $17 trillion has been poured into technologies over the past decade. That’s no chump change. But what do we have to show for it? According to Bain & Company’s latest report, this massive financial injection hasn’t exactly hit a home run. Progress, much like the stock market...
Continue Reading
An Unstoppable Force in Fintech Well, if QuickFi hasn't made a name for itself in fintech, then folks, I don't know what to tell you. This year, they’ve snagged yet another prestigious Finovate Award—this time for Best SMB/SME Banking Solution. That's not their first rodeo either; it’s the fourth time they’ve walked away winners. It's almost like they're...
Continue Reading
Copper's New Pulse: PolarX Makes Waves in Alaska Ever hear about striking copper so rich it's practically shimmering? Well, PolarX Limited just might have hit that sweet spot up in the rugged expanses of Alaska. Let me tell you, when you're knee-deep in resources, like what they’re discovering at the Caribou Dome Project, it sure feels like you’ve struck modern-day...
Continue Reading
Top 5 Most Recently Viewed Articles
IoT's Impact on the Utilities Market Growth The Internet of Things (IoT) is transforming various sectors, with its influence in the utilities market rapidly expanding. Recent projections indicate that the IoT in utilities market, valued at $47.1 billion in 2024, is expected to soar to approximately $94.8 billion by 2031. This significant growth, marked by a robust...
Continue Reading
Centerspace Announces Regular Dividend Distribution Centerspace (NYSE: CSR) has made a significant announcement regarding its quarterly financial performance. The Board of Trustees has officially declared a regular quarterly distribution of $0.77 per share/unit. This excitement brings great news for common shareholders and unitholders alike. Dividend Payable Date and...
Continue Reading
Understanding the Recent Issues Facing GSK plc. In a challenging financial atmosphere, GSK plc. (NASDAQ: GSK) is currently embroiled in controversy over significant claims related to its product, Zantac. Investors are urged to pay close attention as a class action lawsuit is expected to unfold, and the stakes are high. Concerns About Product Liability The ripple effects...
Continue Reading
Harnessing Innovative Technology to Reunite Pets and Families In the face of natural disasters, the bond between pets and their families can be abruptly disrupted. This concern becomes even more pronounced when families are searching for their lost pets amidst the chaos. To assist those in need, the national nonprofit Petco Love has introduced an innovative solution aimed...
Continue Reading
Revolutionizing Home Sales with Ease Conservative House Buyers has brought forth an innovative and compelling solution for those looking to sell their homes seamlessly. This unique three-step home-selling process is designed to bridge the gap between homeowners and trustworthy cash buyers across the country, allowing sellers to navigate the real estate market without...
Continue Reading