SmartMetric Says That Its Soon-to-be-Released Gen 4 Biometric Fingerprint Activated Credit Card Incorporates World's First Security Innovation Inside the Card

SmartMetric, Inc. (OTC: SMME) reports that it has invented and implemented advanced new security features inside its world advanced biometric credit card.

“In order to ensure that only a fingerprint from a real person is being used, we have invented hardware-based live fingerprint detection inside the card, stopping the use of fake fingerprints from tricking the card's internal fingerprint recognition security,” said SmartMetric’s President and CEO, Chaya Hendrick.

“The live fingerprint detection security innovation built inside the SmartMetric biometric credit card makes it even more secure than biometrics fingerprint detection in today’s most recent mobile phones,” said SmartMetric.

Other security features such as separate storage of the user’s fingerprint in a highly encrypted secure memory in the card that is not exposed to outside hardware connectivity ensure the highest level of the card user's fingerprint security. No off-card storage or capture of the user's fingerprint ever takes place with the SmartMetric biometric card system, providing an ultimate level of protection for the card user.

The SmartMetric Gen 4 Biometric Fingerprint Card has been developed to meet the specific demand of the credit card industry and credit card users for enhanced credit card security. The card has an in-the-card nano fingerprint scanner that is used to recognize the card holder's fingerprint and, upon a fingerprint match, instantly turns on the card.

The SmartMetric biometric fingerprint-activated card is the only biometric card that allows for instant on-card fingerprint enrollment without the need for a special additional device to capture and enroll a card holder's fingerprint. This makes the SmartMetric biometric card especially suited for mass credit card issuers who rely on ease of card activation along with their use of mass new card issuance through the mail.

“Enrollment of a new card user's fingerprint on the SmartMetric biometric credit card is as simple as enrollment of a fingerprint for example as on a mobile phone while actually being even more secure than a mobile phone,” said Chaya Hendrick.

“The mass market version of the SmartMetric Gen 4 biometric credit card is now under manufacture following the successful testing of the card's internal software operating system with its new internal hardware on the new card platform,” said Chaya Hendrick.

Reports on credit card fraud are continuing to show an exponential growth in fraud rates in the United States. According to a report released this year by Security.org ¹ 151 million Americans have fallen victim to credit card fraud.