Fintech News

In a Time of Heightened Security Concerns, SmartMetric Has Created Arguably the Worlds Most Advanced Biometric Credit Card Platform With a Fingerprint Scanner Built Into the Card

In a Time of Heightened Security Concerns, SmartMetric Has Created Arguably the Worlds Most Advanced Biometric Credit Card Platform With a Fingerprint Scanner Built Into the Card

SmartMetric’s Biometric Credit Card Platform Can Turn a Credit or Debit Card on Using the Card Users Own Fingerprint

SmartMetric, a United States based company has achieved significant improvements on its advanced biometric credit/debit card product during the pandemic. During this time of business shut downs SmartMetric says that it has used the time to enhance its biometric card-based product. Its engineers have been working on creating even more powerful security within the card while making its electronics board and components even thinner to allow for the best quality ISO credit card possible.

Read More: Options Announces Expansion into Gemini Cryptocurrency Exchange

Inside the credit card is a sophisticated almost tissue paper thin holding all to the components of a fully fledged fingerprint scanner. The SmartMetric biometric card has its own secure element processor that now has the users fingerprint encrypted and stored inside the memory of the fingerprint matching processor. The powerful standalone processor uses state of the art encryption embedded inside the processor that allows for the card holders fingerprint to be stored inside the card with military level encryption. This has been achieved without impacting the speed of the fingerprint scan and match whish is now sub 0.5 of a second.

Separating the function of fingerprint scan and match from the credit cards EMV payment chip allows for the SmartMetric biometric solution to not impinge on the EMV security of the EMV chip used for banking transactions. It also allows for a user at home fingerprint enrollment much like a person would enroll their fingerprint on a smartphone that has fingerprint unlock security.

Read More: Doxim Announces Omnichannel Loan Origination and Account Opening in Partnership with Mobetize

What makes the SmartMetric biometric credit card solution so more advanced than other biometric cards is that it allows the users fingerprint to be scanned without being inserted into a card reader. This allows the card to work with ATM’s that swallow the card and of course restaurants that take the card from the table to the checkout.

“Having a self-powered card that is powered independently from the card reader was an imperative in our design and development process. In fact, we could have released a non-powered card that would of course not work with most ATM’s several years ago, but we knew that the consumer would want a card that would work in all situations,” said SmartMetric’s President & CEO, Chaya Hendrick.”

Read More: BillingPlatform Increases Standing in MGI 360 Ratings Report for Agile Monetization Solutions

Related posts

Finxact Lures Top Talent to Lead Platform Delivery & Client Services

Fintech News Desk

RobotLAB and SoftBank Robotics America Announce Exclusive Channel Partnership to Offer Pepper and NAO in North America

Fintech News Desk

Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capital

PR Newswire
1