System and method for carrying out a financial transaction
First Claim
1. A method for carrying out a financial transaction between a first financial account and a second financial account, the method comprising:
- associating at least a portion of a first telephone number with the first financial account and at least a portion of a second telephone number with the second financial account;
receiving a transaction request applicable to the first and second financial accounts, the transaction request including at least a representation of the first telephone number, a representation of the second telephone number, and a representation of a transaction amount;
authenticating the transaction request using at least a portion of the first telephone number; and
carrying out the transaction request in response to said authenticating.
1 Assignment
0 Petitions
Accused Products
Abstract
To carry out a financial transaction between a first financial account and a second financial account, at least a portion of a first telephone number is associated with the first financial account. At least a portion of a second telephone number is associated with the second financial account. A transaction request applicable to the first and second financial accounts is received. The transaction request includes at least a representation of the first telephone number, a representation of the second telephone number, and a representation of a transaction amount. The transaction request is authenticated using at least a portion of the first telephone number and carried out in response to the authentication.
107 Citations
25 Claims
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1. A method for carrying out a financial transaction between a first financial account and a second financial account, the method comprising:
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associating at least a portion of a first telephone number with the first financial account and at least a portion of a second telephone number with the second financial account;
receiving a transaction request applicable to the first and second financial accounts, the transaction request including at least a representation of the first telephone number, a representation of the second telephone number, and a representation of a transaction amount;
authenticating the transaction request using at least a portion of the first telephone number; and
carrying out the transaction request in response to said authenticating. - View Dependent Claims (3, 4, 5, 6, 7, 8, 13)
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- 2. The method of claim I wherein the transaction request also includes a representation of a transaction type.
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14. A server comprising:
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a communication interface receiving a message from an identifiable source having at least a portion of a first telephone number associated therewith;
a database storing a first financial account information associated with the first telephone number, and a second financial account information associated with a second telephone number;
a processor coupled to said communication interface and said database, wherein the message includes a transaction request applicable to the first and second financial accounts, the transaction request including at least a representation of the first telephone number, a representation of the second telephone number, and a representation of a transaction amount, wherein the processor is configured to authenticate the transaction request and carry out the transaction request in response to the authentication. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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25. A program storage device readable by a machine, tangibly embodying a program of instructions executable by the machine to perform a method for carrying out a financial transaction between a first financial account and a second financial account, the method including:
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associating at least a portion of a first telephone number with the first financial account and at least a portion of a second telephone number with the second financial account;
receiving a transaction request applicable to the first and second financial accounts, the transaction request including at least a representation of the first telephone number, a representation of the second telephone number, and a representation of a transaction amount;
authenticating the transaction request using at least a portion of the first telephone number; and
carrying out the transaction request in response to said authenticating.
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Specification