SmartMetric Inc (SMME)

[jaros]

Exactly, customers will be more and more frustrated/panicked about vulnerability of their regular cards, while banks don't have solution to that problem yet. It is ridiculously easy to steal credit card details, there is no doubt about that. This is where SmartMetric will come in to play with a bulletproof solution. Will it be worth it for banks to pay $50 per card? Absolutely, they will win over customers or loose customers if they don't evolve by investing in better anti-fraud technology. It will come down to customers who will end up leading the pack by going where their money will be safer. Banks will be forced to adapt.

On a side note, looking at a quarterly report there is no doubt that SMME has been making outstanding progress compared to 2013, not only in research/development but also on a financial fields (higher cash balance, reduced research and development costs, sales of securities etc.). Now we just need little bit more of funding.