Welcome to our dedicated news page for SMARTMETRIC (Ticker: SMME), a resource for investors and traders seeking the latest updates and insights on SMARTMETRIC.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SMARTMETRIC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SMARTMETRIC's position in the market.
Rhea-AI Summary
SmartMetric completes its advanced biometric fingerprint activated credit card with live fingerprint detection, marking a significant milestone after years of development. The card features a rechargeable battery and advanced security measures to combat credit card fraud, setting it apart from competitors.
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Rhea-AI Summary
SmartMetric, Inc. introduces a fingerprint scan credit card to enhance security and convenience in credit card transactions. The technology encrypts fingerprint data, stored only on the card, providing better protection against hackers. It also prevents duplication of fingerprints. The card offers quick payments without the need for a PIN, improving checkout speed and reducing the risk of forgetting or losing the PIN.
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Rhea-AI Summary
SmartMetric, Inc. (OTC: SMME) leads in biometric credit card technology with an advanced card featuring a rechargeable battery for fingerprint scanning. The card offers enhanced security against data breaches and fraud, with easy fingerprint enrollment. Market research indicates high user willingness to pay for biometric cards. SmartMetric is nearing commercialization with mass production capabilities.
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SmartMetric, Inc. (SMME) leads in biometric credit card technology, offering enhanced security features like internal rechargeable battery and live finger detection. With 80% of credit cards compromised, the market potential is significant. The company's advanced biometric card addresses the growing concern of credit card fraud, with a user-friendly fingerprint enrollment process. Market research indicates a strong demand for biometric secured credit cards, with 70% of users willing to pay for enhanced security.
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Rhea-AI Summary
SmartMetric, Inc. (OTC: SMME) has developed a fingerprint scan credit card that uses a built-in fingerprint scanner to verify the identity of the cardholder, enhancing security and convenience for credit card transactions. The technology encrypts fingerprint data, bypassing the need for a central database, and safeguards against duplicated 2D and rubber fingerprints. It also eliminates the need for a PIN, speeding up the checkout process and reducing the risk of forgetting or losing the PIN.
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Rhea-AI Summary
SmartMetric, Inc. (OTC: SMME) has developed a biometric fingerprint credit card that offers enhanced security, convenience, and contactless payment options. The card has an in-the-card nano fingerprint scanner that recognizes the cardholder's fingerprint and instantly turns on the card. The company is now manufacturing the mass market version of the card following successful testing of the new internal operating system on the new card hardware platform. With projected global credit card fraud losses reaching $43 billion by 2026, the need for robust fraud prevention strategies is urgent, making SmartMetric's biometric card a significant advancement in credit card security.
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SmartMetric, Inc. (OTC: SMME) reports a significant increase in credit card fraud in the United States, with 151 million Americans falling victim. The company's biometric fingerprint technology aims to provide enhanced identity security for credit card users.
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SmartMetric, Inc. (OTC: SMME) reports an alarming increase in credit card fraud rates in the United States, with 151 million Americans falling victim to fraud. The company is addressing this growing concern with its innovative solutions.
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SmartMetric, Inc. (OTC: SMME) has received multiple patents from its founder, Chaya Hendrick, covering cards with a chip and a fingerprint sensor, positioning the company to dominate the biometric credit card market. The patents protect the card's physical design features and sensor positions, providing protection in global markets, including Europe, Asia, and the Americas. The biometric card market is expected to grow from USD 0.17 billion in 2023 to USD 8.45 billion by 2028, with existing credit cards with chips totaling over 11 billion issued cards and an estimated multi-100's of millions of potential biometric cards.
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SmartMetric, Inc. (OTC: SMME) has developed an advanced new security feature in its biometric credit card, including hardware-based live fingerprint detection and separate storage of the user's fingerprint in a highly encrypted secure memory. This innovation makes the card more secure than biometric fingerprint detection in today’s most recent mobile phones. The SmartMetric Gen 4 Biometric Fingerprint Card has been designed to meet the specific demand for enhanced credit card security and is now under manufacture following successful testing of the card's internal software operating system with its new internal hardware. This development comes in response to the exponential growth in credit card fraud rates in the United States, with 151 million Americans falling victim to credit card fraud, according to a report by Security.org.
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About SMME
smartmetric, inc., a development stage company, operates in the technology industry. the company offers smartmetric biometric cards comprising fingerprint sensor activated payments card, and security card with a finger sensor that have a fingerprint reader embedded inside the card, as well as have a built-in rechargeable battery for portable biometric identification and card activation. smartmetric, inc. was founded in 2002 and is headquartered in las vegas, nevada.