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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) has developed a fingerprint scan credit card that uses a built-in fingerprint scanner to verify the identity of the cardholder, enhancing security and convenience for credit card transactions. The technology encrypts fingerprint data, bypassing the need for a central database, and safeguards against duplicated 2D and rubber fingerprints. It also eliminates the need for a PIN, speeding up the checkout process and reducing the risk of forgetting or losing the PIN.
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SmartMetric, Inc. (OTC: SMME) has developed a biometric fingerprint credit card that offers enhanced security, convenience, and contactless payment options. The card has an in-the-card nano fingerprint scanner that recognizes the cardholder's fingerprint and instantly turns on the card. The company is now manufacturing the mass market version of the card following successful testing of the new internal operating system on the new card hardware platform. With projected global credit card fraud losses reaching $43 billion by 2026, the need for robust fraud prevention strategies is urgent, making SmartMetric's biometric card a significant advancement in credit card security.
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SmartMetric, Inc. (OTC: SMME) reports a significant increase in credit card fraud in the United States, with 151 million Americans falling victim. The company's biometric fingerprint technology aims to provide enhanced identity security for credit card users.
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SmartMetric, Inc. (OTC: SMME) reports an alarming increase in credit card fraud rates in the United States, with 151 million Americans falling victim to fraud. The company is addressing this growing concern with its innovative solutions.
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SmartMetric, Inc. (OTC: SMME) has received multiple patents from its founder, Chaya Hendrick, covering cards with a chip and a fingerprint sensor, positioning the company to dominate the biometric credit card market. The patents protect the card's physical design features and sensor positions, providing protection in global markets, including Europe, Asia, and the Americas. The biometric card market is expected to grow from USD 0.17 billion in 2023 to USD 8.45 billion by 2028, with existing credit cards with chips totaling over 11 billion issued cards and an estimated multi-100's of millions of potential biometric cards.
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SmartMetric, Inc. (OTC: SMME) has developed an advanced new security feature in its biometric credit card, including hardware-based live fingerprint detection and separate storage of the user's fingerprint in a highly encrypted secure memory. This innovation makes the card more secure than biometric fingerprint detection in today’s most recent mobile phones. The SmartMetric Gen 4 Biometric Fingerprint Card has been designed to meet the specific demand for enhanced credit card security and is now under manufacture following successful testing of the card's internal software operating system with its new internal hardware. This development comes in response to the exponential growth in credit card fraud rates in the United States, with 151 million Americans falling victim to credit card fraud, according to a report by Security.org.
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SmartMetric, Inc. (OTC: SMME) press release discusses the 2023 Diary of Consumer Payment Choice by the Federal Reserve Bank of Atlanta, highlighting the dominance of credit cards as the preferred consumer payment method. The report emphasizes the increased use of credit cards during the pandemic and SmartMetric's role in bringing biometric fingerprint activated credit cards to enhance security. The press release also includes statistics on the number of credit card accounts in the United States.
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SmartMetric, Inc. (OTC: SMME) has announced the imminent release of its GEN4 fingerprint activated credit card, which has passed all internal electronic and software testing. The card is the first truly biometric credit card with its own internal rechargeable battery, designed to combat the growing issue of credit card fraud. With 151 million Americans falling victim to credit card fraud, SmartMetric's innovative biometric credit card aims to provide a secure and convenient payment solution for consumers.
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SmartMetric, Inc. (OTC: SMME) has developed the SmartMetric Gen 4 Biometric Fingerprint Card to meet the specific demand of the credit card industry and users for enhanced credit card security. The card features an in-the-card nano fingerprint scanner that recognizes the cardholder's fingerprint and instantly activates the card upon a fingerprint match. The mass market version of the card is now under manufacture following successful testing of the internal operating system on the new card platform. Reports on credit card fraud in the United States show an exponential growth in fraud rates, with 151 million Americans falling victim to credit card fraud and 65 percent of credit and credit card holders having been fraud victims at some point in their lives.
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SmartMetric, Inc. (OTC: SMME) introduces the GEN4 SmartMetric biometric card, featuring a miniature nano fingerprint scanner inside standard credit and debit cards. This advanced security measure matches the card holder's fingerprint with the one scanned by the internal sensor, unlocking the card's chip and RFID upon a successful match. With over a decade of research and development, the new GEN4 card is now in mass production, showcasing successful software testing and functioning.
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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.
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