Card-less financial transaction

• US 10,282,717 B1
• Filed: 02/28/2017
• Issued: 05/07/2019
• Est. Priority Date: 09/18/2008
• Status: Active Grant

• Current Assignee: Wells Fargo Bank NA (Wells Fargo & Company)
• Original Assignee: Wells Fargo Bank NA (Wells Fargo & Company)
• Inventors: Stanley, Glyn
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US15/445,336
• Time in Patent Office: 798 Days
• Field of Search: 705 43
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/18 involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
• CPC Class Codes: G06Q 20/388 using mutual authentication without cards, e.g. challenge-response
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]

Abstract

Systems (and corresponding methodologies) that facilitate card-less financial transactions are provided. The innovation enables card-less ATM (automated teller machine) transactions such as cash withdrawals, transfers, balance inquiries, etc. In aspects, customers can set up an ‘electronic wallet’ account based upon a pre-set range or otherwise. Accordingly, access to the ‘electronic wallet’ is granted or denied based upon responses to challenges presented.

Claims

1. A non-transitory computer-readable medium storing computer-executable instructions that when executed by a system,

the system comprising

an automated teller machine that is equipped to interchangeably receive an automated teller machine card or a user identification information,

a biometric device that utilizes a sensor to obtain biometric information, and

a computer, the computer comprising a processor;

and

cause the system to perform a method,

the method comprising;

receiving, at the biometric device, the biometric information,

receiving, at the automated teller machine, the user identification information, the user identification information associated with at least one of a plurality of accounts for a user associated with the user identification, and a proposed financial transaction, the proposed financial transaction having at least one type of a plurality of predetermined types;

determining, by the system, that the user identification information is to be used in place of the automated teller machine card;

wherein the automated teller machine card is not received at the automated teller machine;

authenticating, by the system, the user identification information based, at least in part, on the biometric information;

providing, by the system, a security challenge in response to a determination that the user identification information is authenticated,

wherein the security challenge is based, at least in part, on the proposed financial transaction;

receiving, by the system, a security response to the security challenge;

evaluating, by the system, the security response based, at least in part, on the type(s) of the predetermined types of the proposed financial transaction; and

facilitating, by the automated teller machine, a card-less transaction comprising one of permitting or denying the proposed financial transaction to be assessed on the at least one account of the plurality of accounts based, at least in part, on a result of the evaluating.

2. The non-transitory computer readable medium of claim 1, wherein the account of the plurality of accounts is a temporary account.

3. The non-transitory computer-readable medium of claim 2, wherein the temporary account is associated with a primary account.

4. The non-transitory computer-readable medium of claim 3, the method further comprising:

receiving, by the automated teller machine, a request to maintain a specified balance in the temporary account, and

maintaining the requested balance based at least in part on a transfer from the primary account to the temporary account.

5. The non-transitory computer-readable medium of claim 2, wherein facilitating, by the automated teller machine, of the card-less transaction comprising one of permitting or denying the proposed financial transaction comprises permitting the proposed financial transaction to be assessed on the temporary account.

6. The non-transitory computer-readable medium of claim 1 wherein the security challenge is further based, at least in part, on the user identification information.

7. The non-transitory computer-readable medium of claim 1 wherein the security challenge is further based, at least in part, on the biometric information.

8. An improved automated teller machine that facilitates a card-less financial transaction, comprising:

a processor that executes computer executable components stored in a memory;

an interface component that

is configured to receive a proposed financial transaction

wherein the proposed financial transaction is one type of a plurality of pre-determined types, and

is configured to interchangeably receive an automated teller machine card and a user identification information,

wherein the user identification information identifies a user having a temporary account that is subordinate to a primary account; and

comprises a biometric device that is configured to

receive biometric information during the card-less financial transaction and the user identification information includes the biometric information obtained by the biometric device; and

an analysis component configured to;

determine the user identification information is received instead of the automated teller machine card;

verify the user identification information based in part on a biometric authentication determined based on the biometric information;

provide a security challenge in response to the user identification information being verified, the security challenge based, at least in part, on the proposed financial transaction;

evaluate a security response received from the user based, at least in part, on the type of the proposed financial transaction; and

the improved automated teller machine facilitates the card-less financial transaction by permitting or denying the proposed financial transaction to be assessed on the temporary account based, at least in part, on a result of the evaluation and verification.

9. The improved automated teller machine of claim 8, further comprising an

account access management component that is configured to set at least one of preferences, policies, and balances associated with at least one of the temporary account and the primary account.

10. The improved automated teller machine of claim 9, wherein the account access management component that is further configured to

identify a predetermined balance amount for the temporary account,

determine the balance amount for the temporary account;

and

transfer a transfer amount from the primary account to the temporary account so that the temporary account has a balance amount equal to the predetermined balance amount.

11. The improved automated teller machine of claim 8, wherein the analysis component is further configured to:

maintain a plurality of security challenges; and

store a set of predetermined security responses.

12. The improved automated teller machine of claim 11, wherein the security challenge is provided from the plurality of security challenges based, at least in part, on the proposed financial transaction being a cash withdrawal.

13. The improved automated teller machine of claim 11, wherein the security challenge is provided from the plurality of security challenges further based, at least in part, on the user identification information.

14. The improved automated teller machine of claim 11, wherein the security challenge is provided from the plurality of security challenges further based, at least in part, on the biometric information.

15. A computer-implemented method of card-less financial transacting implemented by a financial transaction device, the financial transaction device comprising:

an input component that that is capable of receiving a user identification from at least a physical medium of identification,

a biometric reader that receives biometric information from a user alone,

wherein the financial transaction device is capable of receiving either the physical medium of identification or the biometric information for verification purposes; and

a processing unit that executes computer executable components stored in a memory; and

the method comprising

receiving, by the financial transaction device

the user identification information that identifies a primary account,

wherein the primary account includes a temporary account; and

a proposed transaction,

determining, by the financial transaction device, that solely the biometric information is to be used for a biometric authentication purpose,

verifying the user identification information, by the financial transaction device, based, at least in part, on a biometric authentication based on the biometric information; and

in response to the user identification information being verified;

providing, by the financial transaction device, a security challenge that is based, at least in part, on the proposed transaction;

receiving, by the financial transaction device, a security response to the security challenge;

evaluating, by the financial transaction device, the security response based, at least in part, on the proposed transaction; and

executing the card-less financial transaction comprising one of permitting or denying the proposed financial transaction based, at least in part, on a result of an evaluation, by the financial transaction device,

wherein the permitted transaction is assessed on the temporary account.

16. The computer-implemented method of claim 15, wherein the permitted transaction is assessed on the primary account.

17. The computer-implemented method of claim 15, wherein the financial transaction device is a kiosk maintained by a retailer and the proposed transaction is a merchandise purchase at a point of sale maintained by the retailer.

18. The computer-implemented method of claim 15, wherein the financial transaction device is an automated teller machine and the proposed transaction is a cash withdrawal from the automated teller machine, and wherein permitting the proposed transaction to be assessed on the temporary account does not require an automated teller machine card.

19. The computer-implemented method of claim 18, further comprising:

receiving, at the financial transaction device, a request to maintain a specified balance in the temporary account and

maintaining the requested balance based at least in part on a transfer from the primary account to the temporary account.

20. The computer-implemented method of claim 18, further comprising:

receiving, at the financial transaction device, a request to maintain a specified balance in the temporary account and

maintaining the requested balance based at least in part on a transfer from the primary account to the temporary account.