Posted in | News | Light / Image Sensor

Miniature Fingerprint Scanner Built Inside Credit/Debit Card

SmartMetric, Inc. The Sands Expo & Convention Center has been playing host for all of this week to the largest FinTech (Financial Technology) conference and exhibition in the World called Money 20/20.

Banks, Financial Institutions and new financial technology companies have gathered together for seminars, discussions and presentations surrounding the latest innovation in the Banking and Finance industry.

We are delighted to be attending the Money 20/20 conference and it has given us the opportunity to present our biometric fingerprint activated payments card to leading Bank card issuers from around the World. It has been extremely rewarding to see the level of interest in our leading technology and the general consensus that we have indeed developed a new technology that will be an important tool in the fight against financial fraud said today from the conference SmartMetric's President and CEO, Chaya Hendrick.

The company is now engaged in detailed implementation discussions covering Europe, North America and Asia with both local and global card issuers.

The SmartMetric biometric payments card is the world's first credit/debit card that uses the SmartMetric miniature fingerprint scanner built inside the credit/debit card. A person's fingerprint is used to activate the card's EMV chip. The company uses the same banking industry EMV chip that is now being used around the world. There are more than 3.4 billion chip cards issued globally with an estimated additional 1 billion EMV cards added to this global figure from the United States, adoption of the EMV chip technology for its credit and debit cards.

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