User self-authentication system and method for remote credit card verification
First Claim
1. A method for authenticating an account transaction comprising the steps of:
- associating an account with a device;
creating a confirmation message on the device for a transaction; and
authenticating the transaction if a confirmation message is received from the device.
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Accused Products
Abstract
The present invention involves an account transaction authentication system and method which provides user verification of transactions. The method for authenticating an account transaction includes associating an account with a device; creating a confirmation message on the device for a transaction; and authenticating the transaction if a confirmation message is received from the device. The method may use an authenticating device in the form of a personal computer connected to a communications network, a mobile telephone, a wireless personal digital assistant, and may also include a biometric device. Authenticating may involve encryption keys for validation. The computer associates an account with a user account device, and also communicates with the financial institution and to determine that the account transaction requires authentication. The computer activates the user account device to enable the account user to authenticate the account transaction.
173 Citations
21 Claims
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1. A method for authenticating an account transaction comprising the steps of:
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associating an account with a device;
creating a confirmation message on the device for a transaction; and
authenticating the transaction if a confirmation message is received from the device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A computer for authenticating account transactions over a network for an account user having an account with a financial institution, said computer comprising:
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means for associating the account with a user device designated by the account user, said associating means also adapted to enable the user device to communicate over the network;
means for activating the user device to enable the account user to authenticate the account transaction; and
means for communicating with the financial institution and authorizing an account transaction. - View Dependent Claims (13, 14, 15)
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16. In computer, a method of authenticating an account transaction, said method comprising the steps of:
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associating an account with a device;
creating a confirmation message on the device for a transaction; and
authenticating the transaction if the confirmation message is received from the device. - View Dependent Claims (17, 18, 19, 20)
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21. A machine-readable program storage device for storing encoded instructions for a method of authenticating an account transaction, said method comprising the steps of:
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associating an account with a device;
creating a confirmation message on the device when a transaction is presented; and
authenticating the transaction when a confirmation message is received from the device.
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Specification