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SMARTMETRIC INC - SMME STOCK NEWS

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SmartMetric, Inc., a technology company founded in 2002 and headquartered in Las Vegas, Nevada, specializes in biometric cards. These cards feature fingerprint sensors for secure payments and access control, with embedded readers and rechargeable batteries. SmartMetric is a leader in portable biometric identification solutions.

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SmartMetric, Inc. (OTC: SMME) reports significant growth projections for the fingerprint biometric credit card market. The market is expected to reach $5.8 billion by 2030, with a CAGR of 62.3% from 2022 to 2030. The broader biometric card market is projected to grow from $0.37 billion in 2024 to $18.4 billion by 2029, with a CAGR of 117.76%.

SmartMetric's biometric cards feature an internal rechargeable battery, advanced security with a sophisticated fingerprint sensor and ARM Cortex processor, user-friendly at-home fingerprint enrollment, compatibility with contact and contactless payment systems, and anti-tampering features. The company's technology is protected by issued patents, positioning it as a leader in fingerprint sensor-based biometric activated cards.

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SmartMetric (OTC: SMME) has developed a fingerprint biometric-activated credit card that offers enhanced security compared to traditional cards. The card features a miniature nano fingerprint scanner that activates the card only after a 100% match with the user's pre-stored fingerprint. Key advantages include:

1. Enhanced security through biometric authentication
2. Reduction in fraudulent activities
3. Convenience without compromising security
4. Elimination of card sharing risks
5. Advanced anti-tampering features
6. No need for external power sources
7. Improved data privacy

The card works with all types of credit card readers, including contactless and ATM readers, thanks to its inbuilt rechargeable battery. SmartMetric has completed manufacturing after overcoming pandemic-related supply chain issues.

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SmartMetric, Inc. (OTC: SMME) highlights the growing interest in biometric credit cards, with up to 86% of consumers interested in using this technology for secure payments. The company addresses key issues faced by previous biometric card trials, such as inconvenient enrollment processes and power limitations. SmartMetric's biometric card solution features:

  • Internal rechargeable battery for universal compatibility
  • Simple at-home fingerprint enrollment
  • Pre-insertion fingerprint scanning
  • Live fingerprint detection to prevent fraud

The global biometric payment cards market is projected to reach $5.8 Billion by 2030, growing at a CAGR of 62.50%. SmartMetric positions itself as a leader in this rapidly expanding market, offering a unique and advanced biometric credit card solution.

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SmartMetric (OTC: SMME) announces the manufacture of its GEN4 biometric fingerprint activated credit and debit card, addressing a projected $5.8 billion market for biometric cards. The card features a miniature fingerprint scanner inside, capable of scanning a fingerprint in less than half a second, ensuring authentication before use. It operates independently of card readers, making it compatible with all existing readers, including ATMs.

The GEN4 card enhances security by using a fingerprint instead of a PIN code and has an inbuilt rechargeable battery. It requires no specialized fingerprint storage readers, simplifying the user experience. The global biometric payment cards market, valued at $74.4 million in 2021, is expected to grow to $5.8 billion by 2030, with a CAGR of 62.50%. SmartMetric’s President and CEO, Chaya Hendrick, highlights the card's advanced security features and long development process.

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SmartMetric (OTC: SMME) announces the completion of its miniature fingerprint scanner embedded in a standard credit card. This advanced biometric security feature scans the user's fingerprint in under a second, using an internal rechargeable battery, making it compatible with all card readers, including ATMs and gas pumps. The biometric payment cards market, valued at USD 74.4 million in 2021, is projected to reach USD 5,878.32 million by 2030, growing at a CAGR of 62.50%. The new technology includes live fingerprint detection to prevent fraud and enhances the overall security and convenience of credit card transactions. This innovation marks a significant milestone after years of research and development.

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SmartMetric (OTC: SMME) has secured exclusive rights in the USA for biometric fingerprint sensor-based credit cards through issued patents. The company's innovative credit card integrates an EMV chip and a fingerprint sensor, a first of its kind with an inbuilt rechargeable battery enabling use at all card readers, including contactless and ATMs. Despite prolonged development, SmartMetric has implemented advanced live fingerprint detection to prevent fraud. The global market for biometric payment cards is projected to grow from USD 74.4 million in 2021 to USD 5,878.32 million by 2030. The technology enhances transaction security and convenience, especially as credit cards remain the dominant payment method globally.

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SmartMetric completes its advanced biometric fingerprint activated credit card with live fingerprint detection, marking a significant milestone after years of development. The card features a rechargeable battery and advanced security measures to combat credit card fraud, setting it apart from competitors.
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SmartMetric, Inc. introduces a fingerprint scan credit card to enhance security and convenience in credit card transactions. The technology encrypts fingerprint data, stored only on the card, providing better protection against hackers. It also prevents duplication of fingerprints. The card offers quick payments without the need for a PIN, improving checkout speed and reducing the risk of forgetting or losing the PIN.
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SmartMetric, Inc. (OTC: SMME) leads in biometric credit card technology with an advanced card featuring a rechargeable battery for fingerprint scanning. The card offers enhanced security against data breaches and fraud, with easy fingerprint enrollment. Market research indicates high user willingness to pay for biometric cards. SmartMetric is nearing commercialization with mass production capabilities.
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SmartMetric, Inc. (SMME) leads in biometric credit card technology, offering enhanced security features like internal rechargeable battery and live finger detection. With 80% of credit cards compromised, the market potential is significant. The company's advanced biometric card addresses the growing concern of credit card fraud, with a user-friendly fingerprint enrollment process. Market research indicates a strong demand for biometric secured credit cards, with 70% of users willing to pay for enhanced security.
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FAQ

What is the current stock price of SMARTMETRIC (SMME)?

The current stock price of SMARTMETRIC (SMME) is $0.00015 as of October 15, 2024.

What is the market cap of SMARTMETRIC (SMME)?

The market cap of SMARTMETRIC (SMME) is approximately 632.6K.

What does SmartMetric, Inc. specialize in?

SmartMetric focuses on developing biometric cards with fingerprint sensors for secure payments and access control.

Where is SmartMetric, Inc. headquartered?

SmartMetric, Inc. is headquartered in Las Vegas, Nevada.

When was SmartMetric, Inc. founded?

SmartMetric was founded in 2002.

What are the key features of SmartMetric biometric cards?

SmartMetric's biometric cards come with fingerprint sensors, embedded readers, and built-in rechargeable batteries for portable biometric identification and card activation.

What sets SmartMetric apart in the technology industry?

SmartMetric is a pioneer in developing innovative biometric solutions for secure payments and access control, offering cutting-edge technology in the field.

What is the primary focus of SmartMetric's products?

SmartMetric's products primarily focus on enhancing security and convenience through biometric authentication, ensuring secure transactions and access control.

How does SmartMetric's fingerprint sensor activated payments card work?

SmartMetric's fingerprint sensor activated payments card uses biometric authentication to verify the user's identity for secure transactions, offering an additional layer of security.

What is the significance of SmartMetric's security card with a finger sensor?

SmartMetric's security card with a finger sensor provides enhanced security features, such as fingerprint authentication, for secure access control and identification purposes.

What technology does SmartMetric incorporate into its biometric cards?

SmartMetric incorporates state-of-the-art technology, including fingerprint sensors, readers, and rechargeable batteries, to deliver cutting-edge biometric solutions.

How does SmartMetric contribute to the advancement of biometric identification?

SmartMetric's focus on biometric identification contributes to the advancement of secure and convenient authentication methods, revolutionizing the way we access and use various services.

SMARTMETRIC INC

OTC:SMME

SMME Rankings

SMME Stock Data

632.60k
3.12B
1.86%
Software - Infrastructure
Technology
Link
United States of America
Las Vegas