February 27, 2015 -
SmartMetric, Inc. announced it has developed a small fingerprint scanner that fits inside a credit or debit card to protect card holders against identity and payments card theft.
Using the card holder’s fingerprint, the fingerprint scanner activates the new chip card which effectively connects the credit card to the user.
The company is currently in talks with card issuing financial institutions around the world and has received positive reception for its biometric safeguarded card, said SmartMetric president and CEO Chaya Hendrick.
Developing the cards’ internal power management system has taken a considerable amount of research and development time, said Hendrick.
Previously reported, SmartMetric recently incorporated its miniature biometric technology into an advanced multifunctional identity and access control card.