Saturday, June 18, 2016 9:24:36 AM
Could go back much further and find Similar Statements, but lets just go back a couple years...
SmartMetric Develops Biometric Chip Credit Cards Using Your Fingerprint to Turn on Your Credit Card -- You Are the New Biometric Security Key
NEW YORK, NY--(Marketwired - Dec 18, 2014) - SmartMetric, Inc. (OTCQB: SMME) After over ten years of research and development, SmartMetric has developed a biometric fingerprint reader powered by a rechargeable battery so small that it sits inside a credit or debit card. Now a person's own fingerprint becomes the ultimate key in activating the user's card rather than relying on numbers and tokens that travel across networks that can be easily hacked or intercepted. The card security, using biometric electronics developed by SmartMetric, is based on the user validation taking place on the card with no biometric information leaving the card and travelling across networks. This is a far safer and more secure methodology ensuring a much greater level of security for consumers and banks alike said today, the company President & CEO Chaya Hendrick.
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 payments card security solution.
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