…SMME @.001, another truly disruptive new tech thats been developed for years and millions in RD. Here are more recent PRs…connecting dots looks like they are finally, after all these years, going to have working prototype to show their claimed ‘large bank’…..just Prd that Visa and MasterCard starting adopting this…..as this obviously would be safest way…..finger print on credit card…and SMME has the Patents and also only one that detects lol ‘live finger’……so IF they can slow the dilution and IF card comes out sooner then later…boom!:
SmartMetric Welcomes the Adoption of Biometric Credit Cards by Both Visa and MasterCard
NEW YORK--(BUSINESS WIRE)-- SmartMetric, Inc. (OTC: SMME) recognizing the advanced security features of credit cards with built in biometric recognition technology both Visa2 and MasterCard2 have adopted the use of biometric credit cards over their respective payment networks.
As with any new disruptive technology, SmartMetric sees that in the first instance there will be a steady adoption take up and then we will see a dramatic S-curve adoption of biometric cards as banks and consumers alike are drawn to the advanced security of credit cards that have inbuilt biometrics.
“SmartMetric is the original developer of biometric credit cards and having spent literally years and millions of dollars in R&D to reduce the size of biometric electronics to fit inside a credit card, finds that it has created the most advanced and user-friendly biometric credit card in the world," said SmartMetric’s President and CEO, Chaya Hendrick.
“SmartMetric leads the world in biometric credit card technology in having developed a biometric credit card that has an internal rechargeable battery that is used to power the fingerprint scanning of the card user, independent of card reading terminals and ATMs. This allows the SmartMetric biometric card to be used “anywhere and anytime” a card holder wants to use their new biometric card.
Other less advanced cards have begun trials in Europe that are not self-powered. This is a huge disadvantage over the SmartMetric card as a non-powered biometric card will not work at a lot of gas stations, ATMs and restaurants that process the credit card charging away from the table.
The advanced SmartMetric biometric card has many other features, not least is its hardware-based detection of a live finger. This provides the card with added security against fake fingerprint replicas, making the SmartMetric biometric card the most secure card developed.”
https://www.otcmarkets.com/stock/SMME/news/story?e&id=2561800
SmartMetric Uses Issued Design Patents to Block Any Other Biometric Fingerprint Activated Cards in the United States
SmartMetric, Inc. (OTC: SMME) having spent over a decade on research and development in creating a credit card with an inbuilt fingerprint scanner for the ultimate in credit card security. SmartMetric has protected its invention of a biometric fingerprint activated credit card with patents.
As the company moves ever closer to releasing its biometric credit card in association with credit card issuing banks, a few copy cat companies have emerged to attempt to compete in the over 11 billion unit issued global card market.
The founder and inventor of SmartMetric Chaya Hendrick, realizing the enormity of the invention of a credit card with built inside the card fingerprint recognition for card security, early on applied for patents that would then be made available to SmartMetric so as to protect its position as the original and first developer of biometric activated credit cards.
"Without a doubt our strongest patents that basically stop any one else from selling any type of card with a smartcard chip on it and a fingerprint sensor, are the issued design patents," said SmartMetric's President & CEO, Chaya Hendrick.
The issued design patents cover various shapes of fingerprint sensors that can be placed on the surface of the card in any place that on the card that a sensor can be placed. Effectively stopping anyone else from having a smart card with a chip and sensor on it or a credit card with a chip and fingerprint sensor from on it from being sold in the largest credit card market in the world which is the United States.
These multiple United States Patent Office issued design patents, give SmartMetric an unassailable product monopoly position in the US market for fingerprint activated biometric credit cards.
"Unlike other types of patents, design patents are the easiest to enforce as they do not require years of Federal Court litigation to enforce. Basically, all we need to do is take the issued design patents to the pertinent Government department and have competitors copycat cards seized at port of entry or within the USA at any office or warehouse," said Chaya Hendrick.
SmartMetric is in the final stages of QC testing of its biometric card hardware along with the biometric card internal software and embedded operating system. This is the final preparation of the SmartMetric biometric card product prior to presenting it to one of the World's largest credit card brands and card networks. It is planned that then the card will be offered to various major card issuing banks globally.
"We know it has been a long develpment process and that many banks are wanting to have in hand our advanced biometric card however we are diligently testing our final product to ensure that when it goes live with issuing banks that it will be a fail-safe product. After years of R&D we are extremely excited to have our reached this final stage of our biometric card product," said Chaya Hendrick
According to independent research nearly 70% of existing credit card holders would freely pay $70 dollars for a biometric secured credit card in order to protect themselves from fraud.”
https://www.tmcnet.com/usubmit/2023/06/19/9834951.htm
NEWS: SmartMetric Advises It Has Completed Electronic Assembly of Its New Biometric Card
NEW YORK, April 17, 2023--(BUSINESS WIRE)--SmartMetric, Inc. (OTC: SMME) has completed the electronic assembly of its new biometric card. The card is now being shipped to its engineering center to have the card's software, including the card's operating system, fingerprint sensing software and the card's advanced power management software, installed.
SmartMetric has separated its software from its electronic assembly process to add greater protection for its specialized and highly valuable software.
Following the card's software integration and final printing lamination SmartMetric will be presenting its card to a major global credit card payments network for final testing and approval for use of the card on the network worldwide.
Once network testing is completed, SmartMetric will then be making its card available to certain banks who are motivated to introduce the SmartMetric advanced biometric card to its credit card customers. Being an advanced new credit card offering the banks are looking at using the card to not only assist in the ongoing battle against credit card fraud but to have the card win them new customers who are attracted to using a biometric protected card for their daily credit card use.
What we have created is arguably the most advanced biometric secured credit card ever developed, a card that is designed to work at all card readers and allow mass credit card issuers to send the card to their customers for at home fingerprint in-card enrollment," said SmartMetric’s President and CEO, Chaya Hendrick.
Other less advanced biometric cards require the user to go into a bank and use a special reader to enroll their fingerprint onto a card. These basic cards also do not have their own power source but rather require the card to be held while in a credit card reader. This makes them unable to work in most ATMs, gas pumps and restaurants.
"There is nothing that comes near the advanced level of the SmartMetric biometric credit card," said Chaya Hendrick.
The SmartMetric card also has a new hardware feature built inside that detects whether or not the fingerprint touching the card's sensor is in fact a live person or say a silicon replica of a fingerprint. No other biometric card on the market has this feature. Rather they say they are using software to achieve live detection; however, our own engineering testing has shown that software cannot adequately achieve proper fingerprint detection discernment between a fake fingerprint and a live fingerprint.
"Our card is in our opinion the most advanced biometric credit card to be made. It is also protected by issued patents in the USA that will allow us to file injunctions against copycats who want to copy what we have spent years in developing," said Chaya Hendrick.
Patents have also been filed in accordance with the Hague convention internationally.
According to figures released by the credit card standards body EMVco more than 11 billion EMV Chip cards have now been issued by financial institutions around the world. The SmartMetric biometric technology works with these EMV chips and existing chip card readers and ATMs. “
https://www.otcmarkets.com/stock/SMME/news/SmartMetric-Advises-It-Has-Completed-Electronic-Assembly-of-Its-New-Biometric-Card?id=396854
SmartMetric Welcomes The Announced End Of The Credit Card Mag Stripe With It Being Replaced By Fingerprint Biometric Cards
Press Release | 04/21/2023
SmartMetric, Inc. (OTC: SMME) – It is reported that Spain is the first European country that has officially announced the adoption of fingerprint activated biometric credit and debit cards that will not have a mag stripe.
https://www.otcmarkets.com/stock/SMME/news/SmartMetric-Welcomes-The-Announced-End-Of-The-Credit-Card-Mag-Stripe-With-It-Being-Replaced-By-Fingerprint-Biometric-Car?id=397507
SMME SECURITY DETAILS
Share Structure
Market Cap calculated only for this class of securities.
Market Cap
1,936,409
06/22/2023
Authorized Shares
5,000,000,000
06/16/2023
Outstanding Shares
1,936,408,660
06/16/2023
Restricted
426,357,706
06/16/2023
Unrestricted
1,510,050,954
06/16/2023
Held at DTC
1,367,261,741
06/16/2023
Float
257,639,859
02/02/2022
Par Value
0.001
https://www.otcmarkets.com/stock/SMME/security
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