SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

August 06, 2014 09:51 ET

SmartMetric Biometric Fingerprint Activated Payment Card Validated in Survey of UK Banking Customers -- SmartMetric Replaces Passwords & Pins With In-Card Fingerprint Reader

NEW YORK, NY--(Marketwired - Aug 6, 2014) - SmartMetric, Inc. (OTCQB: SMME) According to research just released, fingerprint scanning technology is the most favoured biometric security alternative to passwords for UK bank customers.

Research carried out by software company Intelligent Environments found that 79% of 2000 consumers questioned were prepared to replace passwords with biometric security.

The survey found that 52% of consumers would like banks to integrate fingerprint scanners into digital banking apps. This was the most popular, followed by iris scanners (33%), facial recognition (30%), electrocardiogram heartbeat monitors (29%) and voice verification (27%).

The SmartMetric fingerprint activated credit and debit cards use biometrics to defend consumers and banks alike from fraud. The company has added a fingerprint scanner built inside EMV chip payment credit and debit chip cards and using a person's fingerprint stored inside the card to activate the card's chip following a scan and match on the card. Thereby creating a second secure layer biometric authentication protection in defending against card fraud. The company is now actively marketing its technology to card issuing financial institutions around the world.

About SmartMetric, Inc.
SmartMetric, Inc. is a technology company that designs and engineers its own advanced products utilizing the company's expertise in miniaturizing electronics. The company has developed a miniature fingerprint self powered fingerprint scanner and reader that fits inside credit and identity cards that are at the center of SmartMetric, Inc.'s advanced biometric products. For more information please visit www.smartmetric.com

Safe Harbor Statement
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. 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. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.

Contact Information

  • CONTACT INFORMATION:
    SmartMetric, Inc.
    Chaya Hendrick
    Office: 702-990-3687
    Direct: 786.269.2238
    Email: ceo@smartmetric.com