Thursday, December 04, 2014 11:54:39 PM
"The company is preparing to commence mass production in the first quarter of 2015 with major financial institutions from around the world already expressing interest in using the company's biometric security solution."
More here: http://finance.yahoo.com/news/smartmetric-brings-chip-fingerprint-biometrics-135754126.html
I would say it is a perfect timing. Zwipe might be first, but that doesn't mean first is better especially in this case.
SMME has far more superior card than Zwipe. Even if Zwipe will end up being used by MasterCard, it still needs to pass trials, there is a lot of room for SMME to shine. Technology used by SMME is better period. It is a superior product that can be marked as such.
You can either have regular Zwipe card that provides mediocre protection or you can have SMME card that provides the best protection in the world. Pretty self explanatory there. Just because MasterCard might be using Zwipe doesn't mean it will stay like this. Also, it doesn't mean Visa will follow. Why wouldn't Visa want to be better than MasterCard and use something better? A lot of things are happening in the biometrics world currently and it is all about the right timing now.
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