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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 recently been granted patents by the United States Patent Office to protect its advanced biometric credit card with a fingerprint sensor. The company's President and CEO, Chaya Hendrick, emphasizes the massive market potential for this next-generation credit card. With over 300 million credit cards issued in the US, research suggests that up to 70% of existing credit card holders are willing to pay for a biometric secured credit card. SmartMetric's Gen4 biometric credit card, now in mass production, uses a fingerprint sensor to activate the card, providing enhanced security and convenience for users. The company plans to sell the card to issuing banks for $50 each, with banks deciding on the distribution approach.
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SmartMetric, Inc. (OTC: SMME) is leading the market with its advanced biometric credit card technology. The company emphasizes the need for simplicity and usability in biometric credit cards, highlighting the limitations of copycat versions. SmartMetric's Gen 4 Biometric Fingerprint Card, with its internal rechargeable battery, aims to meet the demand for enhanced credit card security. The company plans to sell the card to issuing Banks for $50.00 each, targeting the 564,500,000 credit card accounts in the United States.
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SmartMetric, Inc. (OTC: SMME) Reports Surge in Credit Card Fraud Rates in the US
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SmartMetric, Inc. (OTC: SMME) has successfully integrated and tested its in-card Operating System for its Gen 4 Biometric Credit Card. The card features an in-the-card nano fingerprint scanner that recognizes the cardholder's fingerprint to activate the card. It is the only biometric payments card with an internal rechargeable battery, allowing it to be used in all card usage cases. Market research shows high demand for biometric secured credit cards, with 70% of users willing to pay $70.00 for such a card.
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SmartMetric, Inc. is nearing completion of its fourth-generation biometric credit card, which will be launched in the United States. The company faced delays due to supply chain issues and feedback from the credit card industry. The card uses the cardholder's fingerprint for activation and offers enhanced security. Market research shows a high demand for biometric credit cards, with 70% of users willing to pay $70 for such a card. The number of credit card accounts in the US is at an all-time high of 564.5 million.
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SmartMetric, Inc. is preparing to ship its advanced fingerprint activated credit and debit cards to the credit card industry. The company will offer both standard plastic and premium metal biometric cards. The metal biometric card is the only one of its kind in the world with embedded fingerprint scanner electronics. Market research shows that 70% of current credit card users are willing to pay $70 for a biometric secured credit card. The number of credit card accounts open in the United States is at an all-time high of 564,500,000.
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SmartMetric, Inc. is set to release its advanced biometric fingerprint activated credit card after overcoming Covid-related delays. The market size for such cards is in the multi-100's of millions, with up to 70% of existing cardholders interested in purchasing one. SmartMetric has dedicated over a decade to perfecting the miniaturization of its biometric card electronics.
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SmartMetric, Inc. receives clearance to ship its biometric card with inbuilt rechargeable hybrid battery, boosting credit card security and usability.
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SmartMetric, Inc. (OTC: SMME) has achieved a 1/3 battery size reduction while retaining the power capacity features against its previous battery. The company has been constantly refining the size and thickness of the components in its biometric credit cards, resulting in smaller dimensions of its internal electronics. The rechargeable battery inside the biometric credit card allows it to be used across all standard credit card readers at stores, gas pumps, and ATMs. Market research has shown a significant willingness to pay for a biometric secured credit card, indicating a strong potential market for SmartMetric's products.
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SmartMetric, Inc. is embedding AI in hardware to increase device security. The use of AI allows for fast and complex security functions, such as identifying hacking intrusions. AI in devices provides greater security than a centralized processor. SmartMetric is working on adding embedded AI to its biometric card platform to enhance data security. The company is also set to release a biometric fingerprint secured credit card.
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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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