DoGetGo super app

(OMHI) OM Holdings International Signs License Agreement to Offer Mobile Ba…

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DoGetGo super app

DoGetGo super app

Miami, FL, June 22, 2022 (GLOBE NEWSWIRE) — OM Holdings International Inc. (OTCQX: OMHI) today announced a licensing agreement with IYAP, LLC the owner of the Liquid Cash fintech platform. This license agreement will leverage the existing FDIC banking partners of LiquidCash to allow the API integration of mobile banking into the DoGetGo super app. This integration will allow OM Holdings International to offer banking, money transfer, and cryptocurrency services through partnerships with licensed service providers. OM Holdings International intends to utilize licensed service provides to launch DoPay within the DoGetGo super app in the upcoming months.

DoPay will use next generation electronic Know Your Customer (eKYC) powered by face verification and Artificial Intelligence (AI) for identity confirmation and fraud prevention to offer mobile banking to Caribbean customers. Under eKYC, face verification plays a vital role in detecting facial features and matching them with the data records. In addition, AI’s in-built analytics of trained models enable banks to detect fake images and provide in-depth insights to prevent fraud.

Mark Vanterpool, President and Chairman of OM Holdings International, Inc., stated, “We are excited to provide this unique service to our customers, all of which makes buying things in person or online a seamless and secure process. We believe DoPay combined with the DoGetGo super app will be a leading financial processing platform that can be used for various products and services throughout the Caribbean.”

Key Highlights:

  • DoPay will run on the Liquid Cash platform allowing users to access:

  • Vendors that onboard to the DoGetGo Platform will now have access to U.S. banking and merchant services to accept credit card payments

  • Users will be able to transfer cash between other DoPay users in real-time like Cash App® or Zelle®.

  • DoPay will allow OM Holdings International to benefit from the $2.9 billion remittance market in Jamaica. Remittances contribute to over 15% of Jamaica’s GDP.

“Most residents still find it difficult to send and receive money due to the archaic money transfer establishments. With our new license agreement, users will be able to send money with ease. Currently the Caribbean market does not have access to Cash App or Zelle due to banking and technology limitations. Using next generation eKYC powered by facial verification and Artificial Intelligence, OM Holdings International aims to make DoPay the Cash App and the Zelle of the Caribbean. We are planning to launch DoPay in Jamaica at the end of this year and in other Caribbean islands in the next calendar year,” concluded Mr. Vanterpool.

About OM Holdings International, Inc.
OM Holdings International, Inc. operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, has partnered with Jamacia’s largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean.
For more information, please visit https://omholdingsinc.com/.

About LiquidCash
Liquid Cash, powered by iYap, is a financial technology company that offers a variety of services such as digital payments, crypto, mobile banking, deal promotion, and streaming entertainment within its super app. Liquid Cash offers customers state-of-the-art features such as – contactless checkout, currency exchange, debit cards, virtual cards, in-app shopping, concert/sports/theater tickets, bill pay, instant chat and more. iYap is the backend software provider, and partners with financial institutions to provide digital payments and FDIC insured banking services.

Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations
Andrew Barwicki
516-662-9461
andrew@barwicki.com

DoGetGo super app

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OM HOLDINGS INTERNATIONAL, INC.

OM Holdings International Opens New Store with Reimagined Format

OM HOLDINGS INTERNATIONAL, INC.

OM HOLDINGS INTERNATIONAL, INC.

MIAMI, FL, June 02, 2022 (GLOBE NEWSWIRE) —

OM Holdings International Inc (OTCQX: OMHI) expands its footprint with the grand opening of its first neighborhood OneMart store in Baughers Bay, British Virgin Islands (BVI). The design and location add to the OneMart’s ‘People’s Store’ concept by being conveniently located near residential areas and in line with the company strategy and vision to meet customers’ needs in their communities and will further promote the delivery app ‘DoGetGo’.

Mark Vanterpool, President, and Chairman of OM Holdings International, Inc., stated, “OneMart new stores expansion continues despite delays. Asdue to logistical and equipment manufacturing issues. During the COVID-19 Pandemic, sourcing equipment for supermarkets has been challenging. However, we successfully solved this by accessing auctions of existing equipment.”

“Our business plan includes eight new OneMart store openings throughout BVI over the next two years. We intend to develop a network of stores across the BVI that will serve as like Amazon-like hubs to facilitate faster delivery times of essentials through the DoGetGo Super App. As we open new stores, we believe there will be a benefit from economies of scale allowing us to increase profit margins as a result of our purchasing power,” concluded Mr. Vanterpool.

The company is pleased to provide an update on the East End Store: East End Fat Hogs Bay superstore is scheduled to open in the third quarter. The New East End Store construction is completed, equipment and shelves are in place, and equipment installation and testing is in progress.

About OM Holdings International, Inc.
OM Holdings International, Inc. operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, has partnered with Jamacia’s largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean.
For more information, please visit https://omholdingsinc.com/.

Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

OneMart store in Baughers Bay, British Virgin Islands (BVI)

CONTACT: Andrew J. Barwicki, Barwicki Investor Relations, Inc. T: 516-662-9461 30 Wall Street, 8 FL New York, NY 10005

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The SmartMetric Biometric Credit Card Provides 100% Validation of the Card …

NEW YORK, May 20, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): Unlike standard credit and debit cards that rely on the questionable safety of PIN numbers and CVV codes for user validation, the SmartMetric biometric credit card solution provides 100% card user validation immediately before the card is inserted into a credit card retail reader or ATM.

In other words, the credit or debit card chip and/or the card’s internal RFID used for NFC contactless payments will not work without first the card user’s fingerprint being successfully matched against their fingerprint that is already stored inside the card.

At no time does the user’s fingerprint leave the safety of the card. The SmartMetric biometric card does not store the user’s fingerprint on a centralized computer. Rather, the user’s fingerprint is safely stored inside the SmartMetric card protected behind a highly encrypted firewall.

When a card holder first receives their card it is a simple process for them to store their fingerprint inside the card. Much the same as when a person receives a smartphone and they touch the screen of the phone 3 or 4 times to have their fingerprint registered and stored inside the phone, so too with the SmartMetric biometric card. All the card holder needs to do is touch the card’s fingerprint sensor 3 to 4 times and the user’s fingerprint will be permanently stored inside the credit or debit card.

The ease of use and in particular the ease of storing a first time card user’s fingerprint is highly important in credit card markets such as the United States. The largest credit card issuing Banks in the USA distribute their credit cards to new card holders via the mail. One method of inserting the card user’s fingerprint into a card is to have them come into a bank branch and use a specialized fingerprint reader that copies the person’s fingerprint and then stores it inside the new card. For most large scale credit card issuers this is not efficient and in the case of some not even possible given their limited branch footprint.

“Having a simple and yet highly secure method for a card user to first install their fingerprint inside of the card, that would also work with existing large scale credit card issuers, was of the utmost importance to the electronic design team at SmartMetric,” said SmartMetric President and CEO, Chaya Hendrick.

Simple and frictionless

After the card holder’s fingerprint is stored inside the card, all the card user needs to do is touch the fingerprint sensor on the surface. In less time than it takes to reach across to insert the card into a credit or debit card reader, the card has scanned the user’s fingerprint and matched it with the pre-stored fingerprint inside the card. On a successful fingerprint match, the cards is turned on so that it can perform a card transaction.

The ease of use of the SmartMetric biometric card, along with the fact that it is powered by the SmartMetric internal green battery prior to the card being inserted into a reader to power the internal processor doing the fingerprint scan, means the SmartMetric biometric card is the only card that can work across all card reader types and situations. Biometric cards that do not have an internal independent power supply are very limited on where such cards can be used.

A big advantage for both credit card users as well as banks in fighting card fraud is the fact that the SmartMetric biometric card can not be activated if someone else is trying to use the card.

“Chip and RFID/NFC are activated for use only after a fingerprint match on the card bringing very strong biometric security for the next generation of credit cards,” said SmartMetric’s President and CEO, Chaya Hendrick.

SmartMetric’s Biometric card addresses the multibillion existing chip-based credit and debit card market. Figures published by EMVCo1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com.

1 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments – EMVCo

EMV is a registered trademark of EMVCo.

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220520005354/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 or (305) 607-3910
ceo@smartmetric.com
www.smartmetric.com


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OM HOLDINGS INTERNATIONAL, INC.

Om Holdings International, Inc. Announces Record Revenue and Increased Prof…

OM HOLDINGS INTERNATIONAL, INC.

OM HOLDINGS INTERNATIONAL, INC.

Company Reports Record Revenue Increase of 36 Percent over 2021

Company Reports Record Profits Up 61 Percent over Last Year

Sales for March and April Exceeded $3 Million Each Month

MIAMI, FL, May 19, 2022 (GLOBE NEWSWIRE) —

OM Holdings International Inc (OTCQX: OMHI) an owner and operator of OneMart super merchandising stores and Builders Depot in the British Virgin Islands and the parent of its technology subsidiary, Rydeum Caribbean, today announced it anticipates a record six months and a record year.

For the six months ended February 28, 2022, OMHI reported record results, with revenue increasing 36 percent to $18,059,000, versus $13,268,000 for the prior-year period. Net profit increased to a record 61 percent, $1,047,832, compared to net income of $650,827 for the six months ended February 28, 2021.

“The increase in business came from our food service operations, delivery services and yacht provisioning, in spite of supply chain pressures and the pandemic,” said Mark Vanterpool, President and Chairman of OM Holdings International, Inc. “Our sales are rising even as shoppers see the price of food, fuel and other goods creep higher. Our company continues to become more efficient and productive, which is reflected in our bottom line. Customers are still concerned about Covid, however, but we are seeing new trends that indicate customers want to get back to a more normal life. Our data also shows customers are increasing their purchases but spending less time in our stores.”

“I am very comfortable with our steady growth,” concluded Mr. Vanterpool, “I am confident we will see continued revenue growth as we begin opening our new stores this year, with a substantial increase in net profit, by year-end 2022.”

On February 1 , 2022, OM Holdings International reported record results of more than $4M in sales for December 2021.

About OM Holdings International, Inc.
OM Holdings International, Inc. (OTC: OMHI), founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, founded by Mark Hannah in 2019, has partnered with Jamacia’s largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information, please visit https://omholdingsinc.com/.

Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations
Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com
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SmartMetric Announces the Development of a Combined Multi Function Contact …

NEW YORK, May 10, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME) has developed a biometric activated credit/debit card that uses the card holders’ fingerprint to turn on the card prior to insertion of the card into a card reader or ATM.

The cards payment chip will not function in a standard contact or contactless credit card reader or ATM without the cardholder’s fingerprint first being scanned and matched. The user’s fingerprint is prestored inside the card and the cards internal fingerprint scanner is used to scan and match the user’s fingerprint in order to activate the credit or debit card.

The scan and match of the card users fingerprint takes less than a quarter of a second. The biometric scan is frictionless as it takes less time than it takes to reach across to insert the card into a reader.

Credit and debit cards that are used in the standard credit card reader where the user puts the credit card into a physical slot on the card reader is called a contact card. A credit and debit card that isn’t inserted into a card reader but rather is held over the top of the reader is called a contactless card. This operates on an RFID emission from the reader that reads an internal RFID chip sitting inside the card. Cards that have both contact function as well as the non-contact function are called dual interface cards.

SmartMetric has created a dual interface biometric fingerprint activated “dual interface” card that can be easily use across all credit and debit card reader types. Further the SmartMetric dual interface biometric card allows for multi sourced power and power recharging. When being used contactless by bringing the card into the proximity of a contactless card reader then the SmartMetric card harvests power from the RFID electronic field being emitted from the card reader. This energy is used to power the cards internal processor used to perform the rapid sub one second biometric fingerprint match. Importantly not only is the card powered through this wireless energy emission but excess power is harvested wirelessly to recharge the cards internal battery.

In the case of the card being inserted into a standard credit/debit card reader or ATM the SmartMetric card is able to draw power directly from the card reader providing a rapid recharge of the cards internal battery. The cards internal battery is used to power a fingerprint scan by the card prior to its insertion into the card reader or ATM.

A dual interface card with both contact and contactless energy acquisition is something that makes the SmartMetric biometric card a truly all situations and all card reading types solution for card issuing banks said today SmartMetric’s President and CEO, Chaya Hendrick.

This takes the credit card security to the next level beyond the less secure PIN number that is used today on credit and debit cards. Using biometric technology built into the card is a giant leap forward for credit and debit card security.

Because the SmartMetric biometric card allows the card to be used in all real-life situations and isn’t bound to being held by the user while a transaction is taking place, SmartMetric confidently believes that its biometric card solution is truly the most advanced and leading biometric card product in the world and the only truly practical biometric card solution for consumers and Banks alike.

SmartMetric’s Biometric card addresses the multibillion existing chip-based credit and debit card market. Figures published by EMVCo 1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe and United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

1 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments – EMVCo

EMV is a registered trademark of EMVCo

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220510006184/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 or (305) 607-3910
ceo@smartmetric.com
www.smartmetric.com


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SmartMetric Says Its Biometric User Fingerprint Credit Card Technology Stan…

NEW YORK, May 04, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME) has made substantial improvements in its biometric card that include a state of the art miniature solid state rechargeable battery. Also a sophisticated hardware solution that distinguishes a live fingerprint from a fake one.

The more advanced SmartMetric biometric credit card is being readied for submission to one of the world’s largest credit card networks for operating approval on its network.

The soon to be released new biometric fingerprint activated credit card is coming to market in the light of alarming figures showing that businesses are suffering monumental losses due to online and at check out fraud. What is so alarming is that the rate of growth in online fraud for merchants is in triple figures with loses for chargebacks alone has been estimated to reach $30 Billion in the United States.

Charge backs are where the credit card user amongst other things, denies making the card purchase or says they never received the goods. It is estimated that 86% of this $30 billion in “chargebacks” or to be more precise, transaction reversals, are based on fraudulent misrepresentations by the card user.

One area beleaguering online merchants and the credit card industry as a whole, is the area commonly referred to as “friendly fraud.” Friendly fraud is far from friendly. It is a euphemism used in the credit card industry for what is essentially “customer fraud.” In the day and age when people would need to walk into a physical business to make a purchase with a credit card, any resulting fraud was termed “friendly fraud” since the person committing the fraud and the merchant would have been in face to face contact with each other. Now that the world has moved to billions of dollars being transacted online there is no human interaction for today’s credit card fraudster. So, it is a misnomer to call online based fraud by customers “friendly fraud.” The fraud in fact is out and out customer fraud. When 86% of reported fraud resulting in the transaction being reversed and money is returned to the fraudsters account, then this is most definitely not friendly fraud.

An additional cost to businesses and card companies online is the number of dollars lost in “card abandonment” at the online site checkout. In order to combat online fraud credit card, processors have now ramped up automatic fraud prevention tools that are in turn causing false rejections of credit cards being used by good paying customers with good money in their accounts.

It is estimated that 25% of what is called false positive transaction rejections result in the customer abandoning the transaction completely. Imagine owning a large department store and finding out that 1 in 4 of your customers turnaround and walk out without buying anything because their card is erroneously rejected by the card processor. A quick way to go bankrupt for any business. This doesn’t happen in physical retail stores anywhere near like it happens online, simply because the anti-fraud tools online are so more restrictive of transactions then what happens at a merchant’s terminal in the physical store.

“In a nut shell the explosion in online fraud and in addition the unimaginable loss of business from good paying customers abandoning online shopping carts because of false card rejections, is causing multi-billions of dollars a year being lost by merchants and credit card issuers in lost sales and outright fraud,” said the President and CEO of SmartMetric, Chaya Hendrick.

Without going into too much detail, the SmartMetric biometric activated credit card allows online merchants to fight back against customers who say it wasn’t them who made the transaction (customer fraud) and at the same time validate the legitimacy of the card user thereby allowing for greater acceptance of transactions which will reduce substantially the losses from checkout cart abandonment that is plaguing the online world.

The SmartMetric biometric credit and debit card uses the cardholder’s fingerprint which is read by a nano fingerprint scanner inside the card, to turn on the card prior to insertion into the card reader or ATM. The cardholder’s biometrics are protected since their fingerprint is stored inside their card and never leaves the card at any time. Only the authorized holder of the SmartMetric biometric credit and debit card can use the card.

“Using the SmartMetric biometric credit card that only allows the legal card holder to use the card, protects card users, merchants, card processors and banks with state-of-the-art biometric technology built inside the card,said Chaya Hendrick.

Further information on the SmartMetric biometric credit card is available on the company website at www.smartmetric.com

Figures used are from: https://chargebacks911.com/scary-chargeback-facts/

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220504005927/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
President & CEO
3960 Howard Hughes Parkway, Suite 500
Las Vegas, Nevada. 89169 USA
Tel: +1.702.990.3687 or +1.305.607.3910
ceo@smartmetric.com
www.smartmetric.com


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The SmartMetric Biometric Credit Card Brings Safe 100% User Validation Beyo…

NEW YORK, April 12, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): Unlike standard credit and debit cards that rely on the questionable safety of PIN numbers and CVV codes for user validation, the SmartMetric biometric credit card solution provides 100% card user validation at the time the card is being used for a purchase.

Simple and frictionless, all the card user needs to do is touch the fingerprint sensor on the surface. In less time than it takes to reach across to insert the card into a credit or debit card reader, the card has scanned the users fingerprint and matched it with the pre-stored fingerprint inside the card. On a successful fingerprint match, the card is turned on so that it can perform a card transaction.

The ease of use of the SmartMetric biometric card along with the fact that it is powered by the SmartMetric internal green battery prior to the card being inserted into a reader to power the internal processor doing the fingerprint scan, means the SmartMetric biometric card is the only card that can work across all card reader types and situations. Biometric cards that do not have an internal independent power supply are very limited on where such cards can be used.

A big advantage for both credit card users as well as banks in fighting card fraud is the fact that the SmartMetric biometric card can not be activated if someone else is trying to use the card.

“Chip and RFID/NFC are activated for use only after a fingerprint match on the card bringing very strong biometric security for the next generation of credit cards,” said SmartMetric’s President and CEO, Chaya Hendrick.

SmartMetric’s Biometric card addresses the multibillion existing chip-based credit and debit card market. Figures published by EMVCo 1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

1 Data Source: 10 Billion and Counting: What the Latest EMV<sup>®</sup> Chip Data Means for Global Payments – EMVCo
EMV is a registered trademark of EMVCo

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220412006054/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 or (305) 607-3910
ceo@smartmetric.com
www.smartmetric.com


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e62f3b249df83477221b48efe50130db.jpeg

SmartMetric Is Pleased to Announce That It Has Integrated On-the-card User …

NEW YORK, April 08, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): Using state-of-the-art miniature sub micro electronics along with advanced software, SmartMetric has been successful in incorporating biometric secured fingerprint copy and matching by its card. This means that a separate fingerprint scanner that is needed by less sophisticated biometric cards is not required for the SmartMetric card user fingerprint enrollment.

The SmartMetric biometric card uses a powerful encrypted processor, separate to the payment chip cards processor, that is used to store the card user’s fingerprint inside the card. Because the SmartMetric biometric card doesn’t store templates or images inside the same chip that is used to process payments, the SmartMetric biometric card solution is able to provide fast and highly secure fingerprint registration and extraction without compromising the security of the card’s payments chip.

Other biometric cards that rely on the fingerprint being stored in the same chip used for card processing require the new card user to go into a bank branch and use a separate fingerprint scanner in order to have their fingerprint stored inside the card.

This obviously is an impediment to mass adoption of the biometric card, especially in countries such as the United States where the majority of large card-issuing banks issue their cards through the mail. In fact, one of the largest credit card issuers in the United States has very few branches and would be unable to adopt a biometric card that requires its customers to come into a branch to register their fingerprint.

The SmartMetric biometric credit card was specifically designed to work in the United States market, taking into account the methods used for getting cards into the hands of customers by the large USA card-based card-issuing banks.

SmartMetric biometric cards do not use the payments chip that is seen on the regular credit card’s surface, leaving this chip dedicated for processing payments at a credit card reader. Storing and matching a person’s fingerprint in a separate processor allows for the user’s fingerprint to be double firewalled and protected by highly secure cryptographic technology.

“Being a USA company we have been careful to design a biometric card solution that meets the needs of USA credit card issuers,” said SmartMetric’s President and CEO, Chaya Hendrick.

“Having a biometric card built for the needs of credit card issuers is one of the overriding guidelines that has driven our advanced and unique biometric card,” said Hendrick.

SmartMetric’s Biometric card addresses the multibillion existing chip-based credit and debit card market. Figures published by EMVCo1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

1 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments – EMVCo
EMV is a registered trademark of EMVCo

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220408005552/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 or (305) 607-3910
ceo@smartmetric.com
www.smartmetric.com


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YourSocialOffers.com (YSO) Branded Debit Cards Now Available, To Generate R…

PHILADELPHIA, PA / ACCESSWIRE / March 23, 2022 / Pennexx (OTC PINK:PNNX), YSO is now issuing debit cards to consumers so that when a consumer utilizes YSO offers then can be rewarded directly to a debit card that they can use anywhere debit MasterCard is accepted. Users and merchants can obtain their branded debit card electronically and can order a virtual and/or a physical cards.

This groundbreaking addition to YSO can generate revenues for Pennexx on every transaction. Customers can shop and utilize the card like any other debit card, and it can be used to easily upload cash rebates or universal rewards to the branded debit card. Consumers can go to https://cards.yoursocialoffers.com to get their card.

This debit card, along with YSO’s patent-pending technology in the gift cards, couponing, and the loyalty rewards industry, will allow YSO to identify users’ buying practices. When coupons are redeemed or when integrated into the merchant’s point of sales register this information can be stored. This is a significant and step towards YSO’s Artificial Intelligence (AI) technology to help merchants target and market to customers efficiently and economically.

YSO will allow merchants to collect revenues from their sales and other income generated from YSO directly on their cards. Influencers and charities can instantly and effortlessly receive funds whilst reaching their followers.

“These additional services made available to our merchants and users will provide an incredible amount of flexibility and provide them with unprecedented benefits. The addition of this payment platform into YSO will help bring more value for our shareholders,” said Joseph Candito, President of Pennexx.

The credit card industry has a significant effect on everyday life. 61% of American consumers have at least one credit card, and the average person has four. https://www.fool.com/the-ascent/research/credit-card-debt-statistics/#:~:text=Total%20credit%20card%20balances%20in,the%20average%20person%20has%20four

In 2019 the Diary of Consumer Payment Choice, the Federal Reserve asked 3,016 consumers which payment forms they preferred to use. Debit cards were the most popular.

https://www.frbsf.org/cash/publications/fed-notes/2020/july/2020-findings-from-the-diary-of-consumer-payment-choice/

Vincent Risalvato, CEO of Pennexx, pictured above said, “Our YSO Debit card now gives us a direct path to put money in the hands of consumers when they utilize social media coupons. As far as I know we are the first company offering this type of direct reward linked to a debit card with social media. We envision this new technology to create a huge number of opportunities for marketing and are excited to bring these ideas to life!”

Pennexx is a company that Makes Social Media Simple by acting as the social media guide for non-tech savvy merchants. It enables them to acquire new customers and generate increased revenues, utilizing the Company’s proprietary technologies to unleash the power of “word-of-mouth” advertising. Social Media for their client’s business today announced that via its wholly-owned subsidiary YourSocialOffers.com, will offer its users and merchants the option to obtain their own branded MasterCard® debit card.

The cards generate transactional fee revenue and the cards can be used for purchases on websites and branded apps and also on third party sites.

For More Information

Pennexx will do its best to openly and publicly answer your questions and concerns via social media on Twitter https://twitter.com/pennexx @pennexx, or you may email info@pennexx.net.

You may also follow them on Twitter;

Mr. Risalvato (@vrisalvato) https://twitter.com/vrisalvato and

Joe Candito (@jcandito) https://twitter.com/jcandito.

About Pennexx Foods Inc.

About Pennexx Foods Inc. (PNNX: OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is a holding company within the Software/Internet Industry focused on social media, prepaid debit cards, BitGift™, artificial intelligence, targeted marketing, and consumer rewards.

Safe Harbor Act: This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report.

For additional information, you may also visit our website at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409. Please follow us on Twitter @Pennexx.

SOURCE: Pennexx Foods, Inc.

View source version on accesswire.com:
https://www.accesswire.com/694386/YourSocialOfferscom-YSO-Branded-Debit-Cards-Now-Available-To-Generate-Revenue-In-The-Hands-Of-Consumers




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SmartMetric Biometric Chip Credit Card Addresses the Existing and Growing 1…

NEW YORK, March 21, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): Is the only United States based biometric card manufacturing company addressing the existing credit and debit card market that now exceeds more than 1.6 billion 1 issued cards.

Based on consumer research commissioned by SmartMetric, Inc., nearly 70% of existing chip credit card holders would pay over $60.00 for a credit card that has inbuilt fingerprint biometric protection technology such as that manufactured by SmartMetric. Halving these estimates, it is conceivable to see that the future sales and revenue for the SmartMetric biometric secured credit/debit card would be greater than $33 billion for the USA market alone.

A ten percent adoption rate of safer biometric credit cards by US consumers would see revenues of over $9 billion based on the consumer research showing what consumers are willing to pay for upgraded biometric based card security. But if a more pessimistic adoption figure of only 1% is used the projected revenues on this would be $960 million.

Based on the perceived increase in anti-fraud protection that the SmartMetric biometric card brings to card users, the SmartMetric commissioned research shows a massive potential user adoption by users of credit and debit cards in the United States alone, said SmartMetric’s President and CEO, Chaya Hendrick.

SmartMetric makes no claims as to future revenues or sales based on this market research and analysis.

SmartMetric has invested over $30 million dollars in developing its fingerprint activated credit card and is now in talks with major payments networks regarding its cards use on their respective global networks.

The USA market for credit cards while being large at 1.6 billion cards and growing is a fraction of the number of all chip-based cards issued globally. However the United States leads the world in the dollar value of transactions made using credit and debit cards.

Figures published by EMVCo 2 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

SmartMetric has licensed issued patents and patents pending as well as trade secrets protecting its biometric card technology.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

1 Quick_Resource_Introduction_to_EMVCo_SEP21_US.pdf
2 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments – EMVCo

EMV is a registered trademark of EMVCo

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220321005764/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 or (305) 607-3910
ceo@smartmetric.com
www.smartmetric.com


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