SmartMetric looks to new applications for its biometric credit card
SmartMetric CEO Chaya Hendrick says that with the success of its secure smartcard platform using fingerprint biometrics, the company is now able to offer combined security solutions across a range of applications.
The SmartMetric Biometric Card is built around the EMV chip card and uses a person’s fingerprint to activate the card in a secure on card scan and match. It is self-powered with a rechargeable battery and scans and matches a person’s fingerprint in less than 0.25 seconds. All of its scanning and matching is conducted inside the card. Once the user’s fingerprint has been verified, the card is activated and able to be used. The card conforms to ISO size standards for credit cards.
The SmartMetric card has a separate processor to the simple processor found in smart card chips and, according to a company statement, has significantly more memory, allowing it to run different applications while being able to safely and securely store information.
“The marriage of functions such as transport payments, health information and payments, and a card for regular purchasing all in a strongly secured multi-function biometric protected card creates a whole new level of opportunity for SmartMetric,” explains Hendrick.
SmartMetric’s biometric card is now protected by five new additional patents and the company has the capacity to build one million cards a month with the ability to scale this up quickly.