US Patent 9224015 Smart wallet

A smart wallet that can only be exclusively opened by an authorized individual through biometric authentication is disclosed. The smart wallet also has a security system associated therewith to prevent the smart wallet from being lost or stolen. The system comprises a fob key configured to send periodic wireless transmissions to the smart wallet device having the ability for approximate range detection. Various embodiments include audible, visual and vibrational indications for authentication, battery power and range detection.