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Posted: May 8, 2008
Using nanotechnology SmartMetric's self-contained fingerprint scanner fits inside a credit card
(Nanowerk News) SmartMetric, Inc. (OTCBB: SMME) said today that its new Biometric Card will make signing a credit card or inputting a PIN number for your ATM card a thing of the past. With Identity Theft becoming the largest crime in the United States, a new and safer way of using credit and debit cards has become a quest for Banks around the World. After more then 8 years of R&D, SmartMetric has announced today that it now can replace signatures and PIN numbers with a person's fingerprint thereby providing a 100% guarantee that the person making the transaction is who they say they are.
Inside your credit card is the smallest fingerprint scanner and reader in the world. Powered by an internal battery as thin as tissue paper the SmartMetric Biometric Fingerprint Card will only work when the card scans and reads the card owner's fingerprint. You become the key. Only the person authorized to use the card can turn it on. The company President, Mr. Colin Hendrick, said this represents a revolution in credit card security that has the potential to make his company, SmartMetric, Inc., a world leader in the credit card and banking card industry.
Not only will the Fingerprint Card potentially save Banks around the world hundreds of millions of dollars but consumers will be protected against Identity Theft from this advance in electronic miniaturization. Using nano technology SmartMetric has achieved what many had thought impossible: a self-contained fingerprint scanner that fits inside a credit card.
The card uses a standard SmartCard surface-mounted chip as its interface thereby making the SmartMetric Fingerprint Card useable by 90% of the world's ATM machines and credit card reading machines in retailers around the world.