SmartMetric Says According to a Just Released Report Global Payment Card Fraud Losses Reached $16.31 Billion With Losses in the USA Alone Reaching $7.86 Billion

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SmartMetric Says According to a Just Released Report Global Payment Card Fraud Losses Reached $16.31 Billion With Losses in the USA Alone Reaching $7.86 Billion

NEW YORK, NY — (Marketwired) — 08/10/15 — SmartMetric, Inc. (OTCQB: SMME) U.S. fraud losses equalled 12.75 cents for every $100 in total volume last year. Global payment card fraud, grew by 19%, which outpaced transaction volume growth that grew by only 15% according to a report published by The Nelson Report.What is concerning is even after the increased usage globally of EMV chip cards designed to make card fraud more difficult, the actual fraud rate over card transaction card growth incre

SmartMetric Developing Biometric Activated Security Code Display to Fight Online Card Fraud and Identity Theft

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SmartMetric Developing Biometric Activated Security Code Display to Fight Online Card Fraud and Identity Theft

NEW YORK, NY — (Marketwired) — 08/07/15 — SmartMetric, Inc. (OTCQB: SMME), the creator of the fingerprint biometric protected credit and debit cards is developing a credit card that has the cards security code or why is called a CVV number activated following the cards users fingerprint match.The SmartMetric biometric fingerprint authentication system works with EMV chip cards with the EMV chip turned on only after a successful fingerprint scan and match with the card user. SmartMetric has c

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