SmartMetric Inc (SMME)

[LittleMissUnderstood]

While we catch our breath saw the below article

NRF: Chip-and-PIN card adoption a must
Apr 16 2014, 12:19 ET

Reps from the National Retail Federation testified in front of a Congressional panel today on the issue of customer data security.The organization supports moving away from fraud-prone credit cards to PIN cards that include a microchip.Despite some overhead costs to make the broad transition, the NRF thinks the retail industry will benefit as costs tied to fraud are reduced. Just ask Target (TGT +0.5%).Payment giants MasterCard (MA +2.1%) and Visa (V +2%) support the adoption of chip-and-PIN cards, while the banking industry has been less supportive.

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