NEW YORK, Oct. 20, 2017 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) –
SmartMetric has developed a powerful weapon in the fight against credit card and identity fraud. The in-your-card biometric fingerprint reader used to 100% identify the card user and activate the card before a transaction.
Keeping your biometric identity safe is at the center of the design of the SmartMetric biometric card. At no time does a card holder's fingerprint leave the card. A person’s fingerprint is stored inside the card and matching of the person's fingerprint is done on the card itself. This was a central design requirement of the SmartMetric biometric card solution that necessitated SmartMetric to create a self-powered inside the card, fully functional fingerprint scanner. Also, so that the card could be used at ATM’s and POS (Point Of Sale) card readers the SmartMetric development team created an on card miniature power management system that recharges the card as it is being used in card readers.
Without a rechargeable battery and sophisticated intelligent power management system inside the card, a fingerprint biometric card would not last longer than a few months according to SmartMetric’s President and CEO, Chaya Hendrick.
Speaking today from Las Vegas, Ms. Hendrick said, “We are excited to show card issuing banks who will be attending the Money 20/20 Conference, our leading biometric technology. We are at this point in time able to manufacture 1 million cards a month and are able to increase this production capacity quickly as demand from card issuers increases.”
SmartMetric will be showing both its Biometric Credit Card along with its Cyber and Access Security Card in the main exhibition hall, booth 339 at the Money 20/20 Conference next week from the 23rd to the 25th of October.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card
To view the company website: www.smartmetric.com
Source: * https://www.creditdonkey.com/credit-card-fraud-statistics.html
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Important Additional Information
Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.
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SmartMetric, Inc.
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