Business News • MarketWire • SmartMetric Says Its Biometric EMV Chip Card Solution Is Needed to Combat Fraud -- EMV Chip Cards by Themselves Will Not End Credit and Debit Card Fraud Based on International Experience -- The United Kingdom That Has Used Chip Cards for Over Ten Years Still Experiences a Fraudulent Card Transaction Every Eight Seconds

SmartMetric Says Its Biometric EMV Chip Card Solution Is Needed to Combat Fraud -- EMV Chip Cards by Themselves Will Not End Credit and Debit Card Fraud Based on International Experience -- The United Kingdom That Has Used Chip Cards for Over Ten Years Still Experiences a Fraudulent Card Transaction Every Eight Seconds

SmartMetric Says Its Biometric EMV Chip Card Solution Is Needed to Combat Fraud -- EMV Chip Cards by Themselves Will Not End Credit and Debit Card Fraud Based on International Experience -- The United Kingdom That Has Used Chip Cards for Over Ten Years Still Experiences a Fraudulent Card Transaction Every Eight Seconds

NEW YORK, NY--(Marketwired - Aug 25, 2014) - SmartMetric, Inc. (OTCQB: SMME) SmartMetric says that the introduction of EMV Chip card technology into the United States will not end card fraud and that a better solution such as its fingerprint activated card using the power of biometrics is a far more advanced solution. According to company President & CEO Chaya Hendrick, tying a cards use to a person's fingerprint stored inside the card that is in turn used to verify the card user before activating the card is a giant leap in the protection against card and identity fraud.

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