Optical banking card
First Claim
1. A method for executing a banking transaction for a customer, the method comprising:
- reading account information from an optical banking card for a banking account associated with the optical banking card, the account information including a current balance for the banking account;
receiving a request from the customer to execute the banking transaction, wherein the banking transaction effects a change in the balance of the account;
coordinating a movement of funds in accordance with the request to execute the banking transaction; and
writing updated account information to the optical banking card, the updated account information including a new current balance for the banking account that accounts for the movement of funds.
1 Assignment
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Accused Products
Abstract
Methods are provided for executing a banking transaction for a customer. Account information is read from an optical banking card for a banking account associated with the optical banking card. The account information includes a current balance for the banking account. A request is received from the customer to execute the banking transaction, which effects a change in the balance of the account. A movement of funds is coordinated in accordance with the request to execute the banking transaction. Updated account information is written to the optical banking card. The updated account information includes a new current balance for the banking account that accounts for the movement of funds.
115 Citations
24 Claims
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1. A method for executing a banking transaction for a customer, the method comprising:
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reading account information from an optical banking card for a banking account associated with the optical banking card, the account information including a current balance for the banking account;
receiving a request from the customer to execute the banking transaction, wherein the banking transaction effects a change in the balance of the account;
coordinating a movement of funds in accordance with the request to execute the banking transaction; and
writing updated account information to the optical banking card, the updated account information including a new current balance for the banking account that accounts for the movement of funds. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A method for executing a banking transaction for a customer, the method comprising:
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reading identification information of an authorized holder of an optical banking card from the optical banking card;
comparing the identification information with a feature of the customer to verify that the customer is the authorized holder;
reading account information from the optical banking card for a banking account associated with the optical banking card, the account information including a current balance for the banking account;
receiving a request from the customer to execute the banking transaction, wherein the banking transaction effects a change in the balance of the account;
coordinating a movement of funds in accordance with the request to execute the banking transaction; and
writing updated account information to the optical banking card, the updated account information including a new current balance for the banking account that accounts for the movement of funds and including a specification of particulars of the executed banking transaction. - View Dependent Claims (20, 21)
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22. An optical banking card comprising a laminated card having a pattern of burn holes that encode information according to a set of fields, the set of fields including:
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an identification field having optically encoded information identifying a feature of an authorized holder of the optical banking card;
an account-summary field having optically encoded information summarizing a status of a banking account associated with the optical banking card; and
a transaction-history field having optically encoded information providing particulars of a plurality of banking transactions executed with the optical banking card. - View Dependent Claims (23, 24)
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Specification