News

SmartMetric brings biometric security to credit cards

Tuesday 24 February 2015 10:54 CET | News

SmartMetric has developed a biometric fingerprint scanner that is used for protection against identity and payments card theft.

The SmartMetric biometric payments card works with the new chip cards that are now replacing the 40 year old and vulnerable mag stripe technology with more than 2.3 billion chip cards now issued around the world. SmartMetric uses the card holders fingerprint to activate the new chip card which in effect ties the credit card to the user.

SmartMetric is a technology company that has added a fingerprint scanner built inside EMV payment credit and debit chip cards thereby creating a second layer biometric authentication protection in defending against card fraud.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: biometrics, applications, online security, web fraud, digital identity, fingerprint, authentication, credit, cards
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime