- Slice of Finance
- Posts
- SmartMetric Unveils Advanced GEN4 Biometric Fingerprint Credit Card
SmartMetric Unveils Advanced GEN4 Biometric Fingerprint Credit Card
Key Highlights:
SmartMetric’s GEN4 card: Features a fully functional fingerprint scanner.
Instantaneous verification: Scans and matches fingerprints in under half a second.
Self-powered card: Operates before being inserted into a card reader.
User-friendly setup: Store fingerprint with just four touches.
Enhanced security: Uses fingerprints instead of traditional PIN codes.
Source (Business Wire)
Notable Quote:
“Our card is designed to work with all existing card readers including ATMs while also being as easy as the experience with a mobile phone in the first time storing the user’s fingerprint inside the card. SmartMetric is excited about having reached this major milestone in bringing its advanced biometric credit card to fruition after years of research and development. Our amazing fingerprint activated biometric credit card is years ahead of anyone else and provides a quantum leap in credit card anti-fraud protection for banks and consumers alike.”
Our Take:
The introduction of SmartMetric’s GEN4 biometric fingerprint credit card marks a significant advancement in the financial technology sector. By incorporating a self-powered, live fingerprint detection system, SmartMetric has addressed the growing demand for enhanced security in credit and debit card transactions. This innovative approach not only provides robust anti-fraud protection but also offers unparalleled convenience for users, making it a game-changer in the biometric payment cards market. As the industry trends towards increased adoption of biometric solutions, SmartMetric’s GEN4 card positions itself at the forefront, promising substantial growth and setting new standards in payment security.