SmartMetric, a US-based smart cards developer, has added Cortex processor to its biometric controlled credit, debit and identity cards.

The addition of Cortex processor will allow faster fingerprint processing as well enable cards to undertake a wide range of additional processing functions, the company claims.

SmartMetric president & CEO Chaya Hendrick said: "What we have created is a powerful functional self powered computer inside cards the size and thickness of credit cards that not only incorporate a powerful fingerprint scanner for biometric activation but processing power that allows us to bring all kinds of new services on the card itself for both security and user applications.

"This is nothing short of a revolution in miniature computing in a device that can perform many the computing functions of a tablet but a thousand times smaller," Hendrick added.

SmartMetric revealed that it is also preparing to release a fingerprint identification and access control card that will extend biometric security in a credit card sized device.

The company has completed a round of presentations of its technology and business model to a number of investment brokers in New York and is currently reviewing a number of proposals for funding the company’s next round of funding which will be used for its biometric card mass production.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.