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SmartMetric, Inc. (SMME)

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  • L
    Lee
    $SMME SmartMetric Welcomes a Report Forecasting Double Digit Growth in the Contactless Credit/Debit Card Market Forecasting the Market's Value at $18 Billion By 2025

    SmartMetric, Inc. (OTCQB: SMME): A report, Contactless Payment Market Global Forecast to 2025, published by MarketsandMarkets says the global contactless credit/debit card payment market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025. This is at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card. This increases the speed of transactions, making contactless payments even more efficient stated the MarketsandMarkets report.

    SmartMetric has announced that its biometric fingerprint secured and activated contact and contactless credit/debit cards are ready to ship to its partners in Europe at the end of the COVID-19 lock down.

    “We are very excited with the continued reports of the very strong growth for the contactless credit and debit card market. Our biometric card with a built inside the card fingerprint scanner will be seriously advantaged by the continued strong growth in this market sector,” said today SmartMetric’s President and CEO, Chaya Hendrick.

    Securing contactless credit and debit cards with a person’s biometrics is a game changer in the contactless payments card world according to SmartMetric. Allowing card issuing banks to now provide a totally secure contactless card product that can only be used by the real card holder. This dramatically changes the risk for card issuers who have had to have low transaction limits on contactless cards due to the ease of use by fraudsters who have acquired a lost of stolen card.

    It has taken us a great deal of engineering and time to perfect our contactless card technology inside the card whereby the card's contactless radio transmission is only activated to work with a contactless card reader following the card holders positive fingerprint scan. The biometric credit card holders’ fingerprint is stored inside the card and by simply touching a sensor on the card's surface, in less than a quarter of a second the users’ fingerprint is scanned, matched and then and only then will the card work in a contact or contactless card reader or ATM.

    The other major advantage of the SmartMetric biometric card technology is that it is self-powered. That means that the card does not have to be inserted into a card reader for it to work. This feature allows the SmartMetric card to be used at all card payment situations including in restaurants that take the card to the checkout to process the payment.

    SmartMetric is preparing to have its card presented to card issuing banks around the world with an EMV Chip that will seamlessly operate with the Bank's existing backend systems, card readers and ATM’s as soon as the COVID-19 restrictions are lifted in the United States and Europe.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: http://www.smartmetric.com

    *MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include,
  • L
    Lee
    SmartMetric, The Maker Of Biometric Protected Fingerprint Activated Credit Cards, Says It’s Biometric Card Provides Enhanced Credit Card Security - 2.8 Billion Credit Cards In Use Worldwide
    Press Release | 05/21/2021

    SmartMetric, Inc. (OTCQB: SMME): 2.8 billion credit cards are in use worldwide. 1.06 billion credit cards are in use in the United States of America. 1 Card based transactions account for $30 trillion in payments globally. 2

    The SmartMetric biometric credit and debit card is made to provide additional transaction security at the card level. Using a card holders fingerprint to unlock the card prior to the card being used in a transaction, provides an dramatically enhanced level of security beyond signature or PIN card user validation.

    The biometric card users fingerprint is stored inside the actual card and never leaves the card. The SmartMetric card also has built inside the card a fingerprint scanner that is able to scan the users fingerprint at first usage providing for a seamless download of the card users fingerprint into the cryptographically firewalled memory of the card. This on-card method for capturing and storing a persons fingerprint on the card allows the SmartMetric biometric card to be issued by mass card issuers. Without the need for consumers to come into a Bank branch to pre-register their fingerprint on a specialized fingerprint scanning machine in the Bank. To register you fingerprint on the SmartMetric biometric card when a consumer first receives their card, all they need do is touch the fingerprint sensor on the cards surface and the internal fingerprint scanner will then store securely the fingerprint inside the card. As simply as storing a fingerprint on a smartphone for biometric phone security.

    “We are very excited about the extremely large market size our biometric card addresses and we are see the addition of biometric security to the credit and debit card as a major leap forward in card security for card issuers and the card consumer alike,” said today SmartMetric’s President & CEO, Chaya Hendrick.

    The SmartMetric biometric card solution users a super small fingerprint scanner embedded inside the credit/debit card. Instead of touching the card reader the card user simply touches a square sensor on the top to the card that then causes the internal scanner to read the card holders fingerprint in less than a second. A user safe and immediate card holder validation that causes the card to immediately be activated. On activation for the transaction the cards internal RFID/NFC system allows the card to communicate, without physical contact with the reader. Safe, immediate, and no contact with the card reader required.

    SmartMetric’s electronic credit card has an ARM Cortex processor. Up to a Gigabyte and beyond memory. Contact and contactless standard credit card interface for all credit card readers and ATM’S. A stable rechargeable battery. Rapid recharge power management system that recharges the cards internal battery when used at standard card reader. While still meeting ISO standard size and thickness for credit cards.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: http://www.smartmetric.com

    1 Credit Card Statistics [Updated February 2021] Shift Processing
    2 The Motley Fool, December 3, 2012

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate
    Bullish
  • L
    Lee
    SmartMetric the Maker of Biometric Secured Credit and Debit Cards Is to Introduce a Stable Crypto Currency Key Storage on Its Biometric Card Platform
    Press Release | 12/10/2020
    SmartMetric, Inc. (OTCQB: SMME) -- In light of the payments and credit card industry move into adopting crypto currency technology to facilitate payments, SmartMetric has now moved forward its planned release of its crypto key storage technology for use with credit and debit cards.

    “For a number of years we have been working on an engineered solution to bring together the power of biometric card based security, large scale encrypted memory incorporated into an existing credit and debit card format,” said today SmartMetric’s President & CEO, Chaya Hendrick.

    Now that one of the major payment cards networks has announced its move into Government approved stable crypto, SmartMetric is now able to offer a card platform that has embedded inside the card a biometric fingerprint scanner for validating the card user and automatically giving the validated user access to the encrypted crypto keys stored inside the new SmartMetric Crypto Payments Card.

    The SmartMetric Crypto Card solution has its own crypto key secure element inside the card protected by firewalled encryption. This allows for the safe storage on the card of encrypted crypto keys in a highly functional manner.

    SmartMetric has built inside its crypto payments card significant memory along with a crypto engine inside a secure element chip separate from the secure element used to perform credit and debit card transactions. By having two separated firewalled secure elements we are able to provide a much higher security than current card architecture provides while also providing greater memory and added encryption power.

    The SmartMetric biometric fingerprint activated credit/debit card is easy to use and allows an easy to enroll of a person’s fingerprint. The card holder’s fingerprint is stored and encrypted inside the SmartMetric biometric card in a one-time touch and store process. Similar to the simplicity and ease of storing a fingerprint on a mobile phone. SmartMetric secure user storage of the cardholder's fingerprint does not require additional fingerprint reading devices in Bank branches for enrolling fingerprints. This allows the SmartMetric biometric card solution to be easily used by mass card issuers without having to change their distribution methods.

    This video link shows the simple and secure fingerprint enrollment process for the card user. FINGERPRINT CARD ENROLLMENT

    Biometric security used to activate the credit/debit card provides a much more enhanced level of security beyond the simple four-digit PIN. This enhanced security represents a major advance in the protection of card holders and card issuing banks alike.

    The current manufacturing capacity of the SmartMetric biometric credit/debit card is in excess of 1 million cards a month.

    An independent research company has projected that estimated biometric credit/debit cards worldwide over the next few years will exceed 500 million cards. According to industry figures, over 9 billion credit/debit chip based cards have been issued globally.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United Stated. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

    Figures provided by the Nilson Report and Goode Intelligence

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth
    Bullish
  • D
    Dave & Lisa
    finally some worth while news!
  • L
    Lee
    SmartMetric Announces Breakthrough Anti-spoofing Technology for Its Advanced Fingerprint Biometric Safeguarded Credit and Debit Cards
    Press Release | 06/28/2021

    SmartMetric, Inc. (OTCQB: SMME): SmartMetric has invented a hardware and software solution that detects whether or not the finger being used to activate the card is from an actual person or not.

    This “liveness detection" anti-spoofing technology developed by SmartMetric is designed to defeat attempted use of fake fingerprints using such things as a copy of a person's fingerprint replicated using a silicon fingerprint replica.

    "As we move forward with greater and more valuable transaction applications for our biometric credit and debit cards, it was apparent to us that we needed to implement the highest level of biometric protection we could,” said SmartMetric’s President & CEO, Chaya Hendrick, today.

    "SmartMetric has spent the last 12 months perfecting its fingerprint anti-spoofing technology and is now readying its product for vigorous payment network testing and certification. The hardware and software solution has required a major engineering effort that has caused a complete redesign of our biometric card's internal electronics but was something we felt we needed to do to meet the stringent security requirements of the global credit card industry," said Chaya Hendrick.

    Testing of the new card will commence shortly with a three month estimated time frame to complete payment network testing.

    SmartMetric’s electronic credit card has an ARM Cortex processor, up to a gigabyte and beyond memory, contact and contactless standard credit card interface for all credit card readers and ATMs, a stable rechargeable battery, and a rapid recharge power management system that recharges the card's internal battery when used at a standard card reader, while still meeting ISO standard size and thickness for credit cards.

    In addition, the SmartMetric card has incorporated live fingerprint detection, thwarting scammers who want to try and use a replica of a person’s fingerprint.

    Along with anti-spoofing technology developed by SmartMetric, the card has its own internal cryptographic vault that uses state-of-the-art cryptography to protect data stored inside the card. From medical records, to transaction history to government sanctioned cryptocurrency, the SmartMetric electronic credit card opens up a brave new world of hybrid functionality for the credit card, while all the time protected by the card user's own fingerprint biometrics.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe and the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements
    Bullish
  • L
    Lee
    SmartMetric Says the Latest Data Theft From T-Mobile Servers Has Shown the Need to Adopt Live Real-Time Biometrics for Financial Services Including Credit Cards

    Press Release | 08/18/2021
    SmartMetric, Inc. (OTCQB: SMME), manufacturer of fingerprint biometric secured credit and debit cards, today commented on the T-Mobile data breach.

    A dark web seller has offered for sale in exchange for bitcoin, 100 million personal records stolen from T-Mobile data systems. The most worrying part of this data theft is the breadth of the data stolen. It covers T-Mobile phone customers Social Security numbers, driver's license numbers, phone numbers, address details as well as the user's unique PIN used by T-Mobile to identify the phone service subscriber. As of August 18, 2021, T-Mobile is advising its pre-paid customers to change their PINs.

    T-Mobile has confirmed the large size of the stolen information. According to a Yahoo! Finance article, "Roughly 47.8 million current and former or prospective customers have been affected by the cyberattack on its systems," T-Mobile confirmed on Wednesday. This is nearly half of what is being claimed to be available on the dark web by the data thieves who say they have 100 million customer records.

    According to a statement released by T-Mobile today, it is saying the data stolen includes personal information including the first and last names, date of birth, SSN, and driver’s license/ID information for a "subset of customers." According to the Yahoo! Finance article, "So far, T-Mobile said it does not have any indication that the stolen files contain phone numbers, account numbers, passwords or financial information." This is contrary to what a dark web seller of the data is stating. This seller, who is asking for $270,000 worth of bitcoin for 30 million T-Mobile users' information, says the information he or she is selling does contain phone numbers as well as network identifier numbers for each user’s mobile phone number.

    For the banking industry, this breach once again highlights the unreliability of Social Security and driver's license numbers and data points found on driver's licenses such as Dates Of Birth and home addresses, as factors for identifying a bank or credit card customer.

    The opening of false new accounts including credit card accounts using what is called “synthetic identities” based on stolen identity markers will now see a spike along with identity theft touching home mortgages and many other aspects of the financial community.

    We believe that this data breach along with a decade of serious other identity data breaches, has made the strongest case for the adoption of real time live biometrics for the identification of financial services users for such things as credit and debit card transactions, said today the President and CEO of SmartMetric, Chaya Hendrick.

    In the statement T-Mobile announced its confidence that the entry point used to gain access to the data has been closed. This is an admittance that their systems were breached. The appearance within hours of the T-Mobile customer data for sale on the dark web gives evidence to the type and breadth of the actual data stolen.

    SmartMetric is the manufacturer of fingerprint biometric secured credit and debit cards. The SmartMetric biometric cards have a fully functional fingerprint scanner built inside the card that is used to scan the card users’ biometrics in order to identify the legitimacy of the card user.

    The SmartMetric card is being put forward for biometric card testing and approval by one of the world's largest credit and debit card payments networks. This will allow the SmartMetric card to be used by card issuers and banks around the world over the international payments network. Also allowing these same financial institutions to purchase the SmartMetric card and issue it as the next generation safer credit and debit card for their customers.

    SmartMetric has issued patents and patents pending surrounding its biometric card technology.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: http://www.smartmetric.com

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms
    Bullish
  • L
    Lee
    SmartMetric Reveals That 60% of Existing Credit Card Holders are Willing to Pay Sixty Nine ($69) Dollars for a Biometric Protected Credit Card
    Press Release | 06/18/2021

    SmartMetric, Inc. (OTCQB: SMME): The estimated size of the market for biometric credit and debit cards is significant. While SmartMetric is not making any projections on the actual size of the market, a number of industry figures point to the outsized market size and potential.

    According to EMVCo, who is a credit card standards body responsible for the licensing and rules governing EMV chips used on today’s credit and debit cards, more than 10 billion 1 EMV chip cards have been issued by banks globally.

    SmartMetric contracted an independent consumer market research company to ascertain the potential consumer demand for a credit card with incorporated fingerprint biometrics. The survey was conducted in the USA of credit card users.

    The questions and results of the consumer research survey are as follows:

    1: Are you concerned about credit card or identity fraud?

    Answered Yes: 80.1%

    2: Would you pay for a safer biometric secured credit card that has a built-in fingerprint reader for your protection?

    Answered Yes: 65.5%

    3: What would you prefer to pay for a biometric fingerprint secured safer credit card?

    Answer 1: $69.95 onetime charge for the life of the card (3 years) 60.2%

    Answer 2: $8.95 per month (includes identity theft insurance) 39.7%

    Given these research results and given the number of credit cards issued by banks around the world, it is a massively large potential market that SmartMetric has developed its product for.

    The more than 10 billion chip-based credit and debit cards issued throughout the world have been issued by banks in order to provide increased card security. By now adding fingerprint biometric sensing technology used to activate the cards contact and contactless chip, it takes security for credit cards to the next level.

    Interesting for SmartMetric and card issuing banks is that the consumer research is showing that bank customers are willing to pay for biometric credit card. This is based on the consumer's desire to have a safer technology that aids in protecting against card fraud. For banks card customers, the concern of card fraud goes well beyond the financial loss they may or may not experience.

    Card customers find the whole experience of having their financial safety violated unpleasant. It is a logical as well as an emotional reaction by consumers. The sense of violation along with the general concern for their financial safety is the main driving force as to why the research is showing so many existing card customers are willing to pay for a biometric card.

    For card issuing banks, they also are advantaged by the increased security offered by biometric credit and debit cards, while at the same time being able to turn their cards into a revenue generating new source of income, making the credit card a new consumer device in its own right.

    SmartMetric is the inventor and manufacturer of electronics that fit inside credit and debit cards.

    The SmartMetric fingerprint scanning technology inside the card allows the user to secure their credit card using their own fingerprint. It also allows payments networks to be confident that the person making the transaction is indeed the person to whom the card has been issued.

    Fingerprint biometric secured credit and debit cards by SmartMetric have been designed around the chip that has now become the standard on newly issued cards within the credit and debit card industry. Touching a small sensor on the cards surface causes a fingerprint scan that reads and matches the card users’ fingerprint in less than a second. Following a fingerprint match, the card's surface chip is then activated allowing the card to work in a card reader at a point-of-sale terminal or ATM.

    Touch and store read once technology, developed by SmartMetric for its biometric card, allows mass card issuing financial institutions to issue their cards direct to consumers without the need for consumers to come into a bank branch. This is an important feature of the SmartMetric biometric card, since most new card issuance particularly in the USA is done via the mail.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe and United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    SmartMetric has issued patents and patents pending surrounding its biometric card technology.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

    1 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments - EMVCo

    EMV is a registered trademark of EMVCo

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts
    Bullish
  • L
    Lee
    SmartMetric Announces the Inclusion of Anti-Spoofing Technology for Its On The Card Fingerprint Sensor Using Real Time Liveness Detection for the SmartMetric Biometric Credit and Debit Cards
    Press Release | 05/07/2021

    SmartMetric, Inc. (OTCQB: SMME): SmartMetric has invented a hardware and software solution that detects whether or not the finger being used to activate the card is from an actual person or not.

    This “liveness detection" technology developed by SmartMetric is designed to defeat attempted fingerprint spoofing using such things as a copy of person's fingerprint replicated using a silicon fingerprint replica.

    "As we move forward with greater and more valuable transaction applications for our biometric credit and debit cards, it was apparent to us that we needed to implement the highest level of biometric protection we could,” said SmartMetric’s President & CEO Chaya Hendrick.

    "SmartMetric has spent the last 12 months perfecting its fingerprint anti-spoofing technology and is now readying its product for vigorous payment network testing and certification. The hardware and software solution has required a major engineering effort that has caused a complete redesign of our biometric cards' internal electronics but something we felt we needed to do to meet the stringent security requirements of the global credit card industry," said Chaya Hendrick.

    Testing of the new card will commence shortly with a three month estimated time frame to complete payment network testing.

    SmartMetric’s electronic credit card has an ARM Cortex processor, up to a Gigabyte and beyond memory, contact and contactless standard credit card interface for all credit card readers and ATMs, a stable rechargeable battery, a rapid recharge power management system that recharges the card's internal battery when used at a standard card reader, all while still meeting ISO standard size and thickness for credit cards.

    In addition the SmartMetric card has incorporated live fingerprint detection, thwarting scammers who want to try and use a replica of a person’s fingerprint.

    Along with anti-spoofing technology developed by SmartMetric, the card has its own internal cryptographic vault that uses state-of-the-art cryptography to protect data stored inside the card. From medical records, transaction history to Government sanctioned cryptocurrencies, the SmartMetric electronic credit card opens up a brave new world of hybrid functionality for the credit card, while all the time protected by the card user's own fingerprint biometrics.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe and the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements
    Bullish
  • L
    Lee
    SmartMetric Says the Driver for the Adoption of Safer Biometric Credit Cards Is Clear With 67% of Americans Being Afraid of Becoming a Victim of Identity Theft and 47% Americans Find Identity Theft Worse Than Murder
    Press Release | 04/23/2021

    SmartMetric, Inc. (OTCQB: SMME): According to the latest Atlas VPN research, the US residents are way more worried about being hacked than getting murdered. Data compiled by Atlas VPN shows that 67% of Americans are afraid of being a victim of identity theft, while only 20% are scared of being murdered.

    SmartMetric’s own commissioned consumer research found that due to the extremely high concern by consumers regarding credit card fraud nearly 70% of existing credit card users would be willing to pay $69.00 for a biometric safely secured credit card.

    The SmartMetric independent research shows that biometric based credit cards such as the SmartMetric fingerprint credit card is a new paradigm for the credit card industry. A product that consumers are willing to pay for in order to feel safer with the card in their wallets.

    The SmartMetric Biometric fingerprint activated credit and debit cards are both contact and contactless cards that work across all existing card readers including ATM's. The use of a person’s fingerprint touching a small surface mounted sensor on the card initiates an instantaneous scan of the user’s fingerprint, matching their fingerprint with their pre-stored fingerprint inside their card. A positive fingerprint match in less than the blink of an eye turns the user’s card on as they reach to insert or pass it over a card reader.

    Securing contactless credit and debit cards with a person’s biometrics is a game changer in the contactless payments card world according to SmartMetric. Allowing card issuing banks to now provide a totally secure contactless card product that can only be used by the real card holder. This dramatically changes the risk for card issuers who have had to have low transaction limits on contactless cards due to the ease of use by fraudsters who have acquired a lost of stolen card.

    It has taken us a great deal of engineering and time to perfect our contactless card technology inside the card whereby the card's contactless radio transmission is only activated to work with a contactless card reader following the card holder’s positive fingerprint scan. The biometric credit card holder’s fingerprint is stored inside the card and by simply touching a sensor on the card's surface, in less than a quarter of a second the user’s fingerprint is scanned, matched and then and only then will the card work in a contact or contactless card reader or ATM.

    The other major advantage of the SmartMetric biometric card technology is that it is self-powered. That means that the card does not have to be inserted into a card reader for it to work. This feature allows the SmartMetric card to be used at all card payment situations including in restaurants that take the card to the checkout to process the payment.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC.
    Bullish
  • L
    Lee
    Say Goodbye to PIN Numbers, SmartMetric Reports Increased Interest in Its Biometric Credit Card in the Age of Demand for No-Touch Solutions at the Checkout
    Press Release | 05/10/2021
    SmartMetric, Inc. (OTCQB: SMME): The Corona-19 virus has made dramatic changes to the way we work and play. Not surprisingly it has also impacted how we pay.

    The old and arguably very insecure PIN number used to verify the identity of a debit card user at the checkout or the need to use a pen for signatures that is used by countless numbers of different people during the day is causing a demand for a better, safer way to authenticate a card user. With the knowledge of users on how transmittal the Corona-19 virus is the aversion by consumers to use the touchpad or signature pen at the supermarket checkout is understandable.

    Sales staff do not clean card-reader virus-transmitting touch points after every customer. Touching a pin pad or using the signature pen at a checkout has now become a game of Russian roulette when it comes to safely using your credit or debit card at checkout.

    Credit and debit cards still account for more than 95% of instore transactions with consumers showing even a greater aversion to using cash. Cash is now seen as potential virus carrier and is the least preferred choice by consumers. This doesn’t mitigate the aversion consumers have regarding the need to touch card readers that are touched by everyone else going through the same checkout.

    In talks with card issuers, SmartMetric has seen an increase of interest in its biometric contactless card solution that will allow consumers to have a completely no-touch experience at the checkout while providing a far greater level of transaction security than the old fashioned and weaker PIN and signature methods.

    The SmartMetric biometric card solution users a super small fingerprint scanner embedded inside the credit/debit card. Instead of touching the card reader the card user simply touches a square sensor on the top to the card that then causes the internal scanner to read the card holder's fingerprint in less than a second. A user safe and immediate card holder validation that causes the card to immediately be activated. On activation for the transaction the card's internal RFID/NFC system allows the card to communicate, without physical contact with the reader. Safe, immediate, and no contact with the card reader required.

    SmartMetric’s electronic credit card has an ARM Cortex processor, up to a Gigabyte and beyond memory, contact and contactless standard credit card interface for all credit card readers and ATMs, a stable rechargeable battery, rapid recharge power management system that recharges the card's internal battery when used at standard card reader, all while still meeting ISO standard size and thickness for credit cards.

    The Board and Shareholders of SmartMetric recently resolved to increase the authorized shares of the company. It has also resolved to allow for an increase of the size of its board along with allowing for a reverse split of its shares at some future point. All of these changes have been made to facilitate the up-listing of the company onto either NASDAQ or NYSE main boards at some future point. The SmartMetric Board will only advise moving to an up-list only and after a substantial increase in its share price from current levels. At this point in time the company is focused on bringing its biometric credit card product to market in order to move from a development stage company to a revenue earning company.

    SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

    To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

    Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors
    Bullish
  • A
    Anonymous
    SmartMetric's last press release stated ""SmartMetric is ready to move aggressively forward in making available it’s new card to credit and debit card issuing Banks around the world, in association with the its global banking partners."

    Who are the banking partners? Are they the 3 distributors previously mentioned (USA, Europe, S. America)?
    Does anyone have names of all 3 distributors?

    We might get relevant info if investors contact each distributor asking 1. When will SmartMetric's cards be available? 2. Where will they be available? 3. Do Banks undertake customer test trials before commercially offering cards to their customers? (I once contacted one of the Distributors and recall being told to contact someone else).

    Isn't it true each of those distributors is also a credit card manufacturer? (Interesting doing an internet search for Credit Card Manufacturers. They produce, and sell, various cards for banks, hotels, commercial applications).

    When, if ever, will SmartMetric hire an experienced credit card sales rep? Even if commission only, experienced CREDIT CARDS sales reps would surely speed up introducing the cards.

    Do post your results from contacting the 3 distributor/reps.
  • J
    JediJazz
    $SMME SmartMetric Biometric Credit Cards ARE the Next Big Thing for the Banking Industry "More than 65% of consumers are already familiar with biometrics" https://www.barchart.com/share/news/3367280
    Barchart.com Inc. is the leading provider of real-time or delayed intraday stock and commodities charts and quotes. Keep tabs on your portfolio, search for stocks, commodities, or mutual funds with screeners, customizable chart indicators and technic
    Barchart.com Inc. is the leading provider of real-time or delayed intraday stock and commodities charts and quotes. Keep tabs on your portfolio, search for stocks, commodities, or mutual funds with screeners, customizable chart indicators and technic
    www.barchart.com
    Bullish
  • A
    Anonymous
    When will SmartMetric announce sales, or at least public testing by banks, of its card. Whom does it benefit when the company issues press releases discussing market size, if it can't introduce a commercially available biometric card? Is the company still working on a prototype of its banking card? From the company's website, it seemed a prototype was ready for commercial testing. Or not? Is it reasonable to expect 2022-2023 the earliest for any sales? How much money will be needed to introduce the card and ask banks to test market with their customers? How many shares will the company have to sell to fund that, as well as ramp up inventory for sales? A billion shares? Would SmartMetric like to issue a press release with more than general statements, or hold an investor conf call?
    Neutral
  • A
    Anonymous
    Curious about more issues regarding company Patents.
    Who paid for the development of the 5 patents which the company keeps referring to in its PRs? Was it Smartmetric, financed through private placement of company stock? Or, did Chaya pay for them?
    Are the 5 patents listed under HENDRICK CHAYA, the same 5 patents the company mentions?
    If the company paid for development, why aren't they listed as invented by Smartmetric?
    Wasn't Chaya the Chairman & CEO during the entire period of time of inventing and reducing to practice? Would inventing be part of her job description?
    Just curious. Anyone have answers?
    Thanks.
  • T
    Tom
    With all the ‘great’ news from a ‘fantastic’ company, why are there so many days without trading activity? Where are the orders for credit or security cards now that 2 companies share the responsibility for selling the product? How can I get one?

    According to the news releases:
    -there’s $22 billion in credit card fraud in 2016 (3/13/18 & 3/7/18)
    -74% of consumers value security over rewards when deciding between CC’s. (3/21/18)
    -16.7 million or 6.6% of the U.S. population are affected by identity theft (4/12/18)
    -Biometric CC technology can replace signatures and PINs for Credit and Debit cards (4/17/18)
    -SmartMetric Biometric CC protects consumers and banks against fraud - 47% of Americans have been a victim of CC fraud in the past 5 years (4/23/18)

    I know all these incredible facts because Chaya regurgitates them every few weeks or when she needs to cover her travel expenses. Or is it possible that I’m just missing the updates on confirmed sales and production? Please clear this up for the shareholders. Thanks.
  • J
    JediJazz
    $SMME .023 +39.39% Up early! SmartMetric Reported That It Is Nearing Completion of the Integration of the RediSys ADVANTIS Chip and Operating System on the SmartMetric Biometric Card Platform for Both Contact and Contactless Credit and Debit Biometric Activated Cards
    https://finance.yahoo.com/news/smartmetric-reports-nearing-completion-integration-173000355.html
    Bullish
  • T
    Tony
    She is still singing the same old song with no sales, year after year after year. If the business has that much potential, then she can buy from the rest of us out at minimum of $10 a share. She can have it all and she can run the business anyway she wants. There is more money to make for you after buy out. Right?
  • A
    Anonymous
    Is SMARTMETRIC a business or hobby? My inet search found "The IRS defines a hobby as an activity that an individual pursues without intent to generate a profit. Almost everyone partakes in some sort of hobby without worrying about whether it will generate income." Chaya has been 'working' on a biometric fingerprint card for about 15 yrs? Spending over $25 million of INVESTORS money? Retail investors are pitched via monthly (approx.) press releases about Market Size for biometrics and credit card fraud. Occasionally, company mentions the card is finished. Last month, the company's press release stated its reduced component size. Also, something about ISO compliance.

    Most Public Traded companies require Directors and officers to manage for Shareholder Value. Usually referring to company's stock price Increase. My opinion, AS AN INVESTOR IN SMARTMETRIC, is the company is NOT being managed to make a profit or grow stock price. Sure, company has NOT used converts to raise dough. Also has NOT issued billions of shares, then reverse split.

    Is company trying to create the perfect card? Isn't that a constantly changing target? Ever see Shark Tank where EVERY CEO pitches market size, especially when sales as small? Ever read books by successful startups who go to market with a less than perfect product, get sales, experience, cash flows and then come out with newer models? Every manufacturer creates a product, then improves on it with next model. Buyers LOVE buying new, then buying newer & fancier. Look at computers, software, cars, cell phones.

    Isn't Chaya the largest shareholder and controls the BOD? What's Chaya's sense of urgency to create profit or sales? Having 3 credit card mfg who agree to distribute card is interesting. Could/should Chaya ALSO be doing more to create shareholder value as the banking card could take years longer to be ready? ISO standards are what exactly for this card? Another question: Is SmartMetric scared of selling its cards in the event nobody wants them? These are reasonable questions. Any reply, especially from the FEW folks who try being optimistic? Or from the company?
  • B
    Bud
    $SMME SmartMetric has announced that its biometric fingerprint secured and activated contact and contactless credit/debit cards are ready to ship to its partners in Europe at the end of the COVID-19 lock down.

    "We are very excited with the continued reports of the very strong growth for the contactless credit and debit card market. Our biometric card with a built inside the card fingerprint scanner will be seriously advantaged by the continued strong growth in this market sector," said today SmartMetric’s President and CEO, Chaya Hendrick.
    Bullish
  • A
    Anonymous
    Does ANYONE have current info whether ANY model of the company's card is complete, has necessary approvals (and licenses) from any payment processor (Visa, MC, AMEX, etc.). I recall Chaya kept saying Banking card model needed approval and licensing from a major card processor. Does Avantis handle that?

    If banking card model is ready, are banks anywhere on Earth undertaking test trials for customer acceptance. Doesn't company have Major credit card mfg-reps in So. America, USA and Europe. What are they doing NOW?

    What is status of security card model that unlocks building doors and controls computer networks. Or, the consumer model that people can use with an attachment to purchase online products. Or the Government issued ID model?

    When will company spend some dough to hire a Sales Manager (assuming ANY model of card complete). Company's SEC filings I've read don't seem to address the issues raised.

    Until above done, does anyone expect more than monthly Press Releases about market size, periodic SEC filings & news CEO will give talk next year at an industry convention (assuming it will be held and not virtual). My questions are Relevant, have NO innuendo or disparaging remarks. Investors are ENTITLED to accurate answers.
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