Electronic transaction verification system with biometric authentication

• US 10,664,834 B2
• Filed: 05/10/2019
• Issued: 05/26/2020
• Est. Priority Date: 07/02/2009
• Status: Active Grant

• Current Assignee: Biometric Payment Solutions LLP
• Original Assignee: Biometric Payment Solutions
• Inventors: McNeal, Joan Tibor
• Primary Examiner(s): Trail, Allyson N
• Application Number:
  US16/409,609
• Publication Number:
  US 20190333050A1
• Time in Patent Office: 382 Days
• Field of Search: 235382, 235380, 705 65
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/206 comprising security or operator identification provisions, e.g. password entry
• CPC Class Codes: G06Q 20/34 using cards, e.g. integrated circuit [IC] cards or magnetic cards
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/401 Transaction verification
• CPC Class Codes: G06Q 20/40145 Biometric identity checks

Abstract

An electronic transaction verification system for use with transaction tokens such as checks, credit cards, debit cards, and smart cards that gathers and transmits information about the transaction token and biometric data. Customers can be enrolled in the system by receiving customer information that includes at least a biometric datum, associating the received customer information with a transaction instrument issued to the customers and storing the received customer information and the issued transaction instrument information in a database for future reference.

Claims

1. A transaction system for processing transactions comprising:

a self-contained system including an electronic verification system; and

a central processing system at a transaction location of an individual, the central processing system comprises;

one or more information stores of account information of one or more users authorized to use the transaction system;

one or more information stores of biometric information of one or more users authorized to use the transaction system;

one or more information stores of token information previously provided by issuing entities, the token information representative of a transaction instrument issued to the user by an issuing entity authorized to utilize the transaction system; and

a processing system configured to;

communicate with the one or more information stores;

utilize at least one of;

radio frequency, the internet, a broadband connection, a dial-up connection, a direct communications link, a satellite link, or fiber optic cable to transmit information to and from the self-contained system to a transaction validating entity;

send and receive token information; and

send and receive information from the electronic verification system, wherein the electronic verification system comprises a biometric data reader configured to obtain biometric data from an individual, and is further configured to;

receive the obtained biometric data;

generate a first comparison result by comparing the obtained biometric data with biometric data associated with a biometric information stored in the one or more information stores of users; and

transmit to the central processing system information representing the first comparison result;

wherein the central processing system is further configured to;

transmit the account information verified by the first comparison result information and the token information representative of the transaction instrument being processed to the transaction validating entity,

receive a second comparison result from the transaction validating entity to accept or deny the transaction; and

transmit a decision by a display.

2. The transaction system of claim 1, wherein the transaction instrument information is one of a check, a debit card, a credit card, a loyalty card, a food stamp, a token, or an account.

3. The transaction system of claim 1, wherein the token information is representative of one of a check, a debit card, a credit card, a loyalty card, a food stamp, a token, or an account.

4. The transaction system of claim 1, wherein the biometric information stored is representative of a finger print, a voice print, a retinal scan or a face scan.

5. The transaction system of claim 1, wherein the self-contained system is located at the retailer'"'"'s point of sale.

6. The transaction system of claim 1, wherein the self-contained system is at the location of the individual doing an internet transaction.

7. The transaction system of claim 1, wherein the self-contained system further comprises a token reading device configured to read or scan, and obtain the transaction instrument information.

8. The transaction system claim 1, wherein the self-contained system further comprises a signature scanning device to obtain a signature from the individual.

9. The transaction system of claim 1, wherein the self-contained system further comprises an identity document scanning device to obtain identity information of the individual from an identity document.

10. The transaction system of claim 1, wherein the token information is associated with a financial account and the user is an account holder.

11. The transaction system of claim 1, wherein the token information is associated with a financial account and the user is not an account holder.

12. The transaction system of claim 1, wherein the account information is associated with a financial account and the user is not an account holder.

13. The transaction system of claim 1, wherein the central processing system is configured to transmit the account information verified by the first comparison result to the merchant'"'"'s network.

14. The transaction system of claim 1, wherein the central processing system is configured to transmit information representing the second comparison result to the merchant'"'"'s network.

15. The transaction system of claim 1, wherein the central processing system is configured to transmit the account information verified by the first comparison result and the token information together.

16. The transaction system of claim 1, wherein the received token information includes a number associated with the transaction instrument issued to the individual.