System and method for biometric authorization for financial transactions
First Claim
1. A system for authorizing transactions utilizing biometric data, the system comprising:
- a database, residing at a first location, containing one or more system user accounts holding at least biometric data and system user information;
one or more approval stations residing at locations distinct from the first location, wherein an approval station comprises a means for sampling one or more presented biometric characteristics and comparing data derived from a sampled biometric characteristic with registered biometric data received from a system user account stored at a database; and
a transmission means for transmitting one or more of biometric data and system user information between an approval station and a database.
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Accused Products
Abstract
The present invention is a system and method of biometric-based identity verification for authorizing financial transactions between a consumer and a merchant, said system comprising distributed processing to facilitate biometric matching and various types of financial transactions to facilitate said system'"'"'s integration into current financial networks. System users register at least one biometric identifier, personal and/or business identity-verifying data, and financial account information. A user presents a biometric sample obtained from the user'"'"'s person and the user'"'"'s system ID number to conduct financial transactions. This data is used to authenticate the user'"'"'s identity and authorize transfer of funds from the user'"'"'s registered financial account to the designated recipient'"'"'s account by matching the presented transaction biometric with at least one registered biometric template and without the use of a man-made financial account token or identity token.
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Citations
21 Claims
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1. A system for authorizing transactions utilizing biometric data, the system comprising:
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a database, residing at a first location, containing one or more system user accounts holding at least biometric data and system user information;
one or more approval stations residing at locations distinct from the first location, wherein an approval station comprises a means for sampling one or more presented biometric characteristics and comparing data derived from a sampled biometric characteristic with registered biometric data received from a system user account stored at a database; and
a transmission means for transmitting one or more of biometric data and system user information between an approval station and a database. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method of using a transaction system to provide approval of a transaction between a merchant and a consumer, wherein the method comprises:
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receiving, at an approval station, biometric data derived from one or more proffered biometric characteristics and an identification code;
transmitting the identification code to a database at a location remote from the approval station;
retrieving registered biometric data from a user record associated with the identification code at the database;
comparing the biometric data derived from one or more proffered biometric characteristics with the retrieved registered biometric data;
if a match is indicated, evaluating transaction data with respect to transaction rules; and
if the transaction data complies with one or more transaction rules, indicating the transaction is approved. - View Dependent Claims (9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A method of using a transaction system to provide approval of a transaction between a merchant and a consumer, wherein the method comprises:
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sampling, at the approval station, at a first location, a biometric characteristic of the consumer via a biometric identification device;
receiving, at the approval station, an identification code proffered by the consumer;
assembling, at the approval station, transaction data, wherein the transaction data includes at least a request for cash back;
sending from the approval station to the central database, at a second location remote from the first location, the identification code proffered by the consumer and the transaction data;
comparing, at the central database, the proffered identification code to identification codes stored in the central database;
determining, at the central database, whether the proffered identification code matches an identification code stored in the central database;
selecting, at the central database, potential matching registered biometric data based on the identification code;
receiving, at the approval station, the potential matching registered biometric data from the central database;
determining, at the approval station, whether a comparison of biometric data based on the sampled biometric characteristic with the potential matching registered biometric data indicates a match; and
in the event that a match is indicated and the transaction data complies with transaction rules, including at least one or more cash back parameters, approving, at the approval station, the transaction.
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Specification