System for secure payment and authentication

• US 20070214093A1
• Filed: 03/08/2007
• Published: 09/13/2007
• Est. Priority Date: 03/09/2006
• Status: Active Grant

• Current Assignee: Brian A. Colella
• Original Assignee: Brian A. Colella
• Inventors: Colella, Brian A.
• Granted Patent: US 7,778,935 B2
• Time in Patent Office: Days
• US Class Current: 705/67
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G07C 9/257 electronically G07C9/26 takes precedence
• CPC Class Codes: G07C 9/26 using a biometric sensor integrated in the pass

Abstract

A system and method for biometric-secure point-of-sale or online transactions and/or authentication and ID verification for restricted access that simplifies the checkout process and eliminates fraudulent transactions. The system employs a credit-card-sized device with integral fingerprint reader, on-board memory with pre-designated card number, infrared coder, power strip, plus at least one magnetic strip (encoded with designated financial account to be used for transactions, including routing number), one magnetic strip for personal medical and identification information and a bar code and photo ID for security. The card scanner is activated by an activation scan in which a subset of “minutia” are stored locally. To consummate a transaction (after registration), the user simply plugs their card scanner into a multi-function reader, and scans their own fingerprint. Upon authentication the card transmits the card/user ID to the reader as authentication of the transaction, the reader reads the encoded account numbers and routing information, offers a choice of account to charge to, verifies the total charge and completes the transaction. The process is fully secure.

Claims

1. A card scanner for biometric-secure transactions and authentication to eliminate fraudulent transactions and access, comprising:

a credit card size carrier;

a fingerprint scanner mounted on one side of said carrier;

memory for storing a user id, card number and minutia data from an activation scan;

a processor for comparing transaction fingerprint scans to the minutia data from said activation scan and indicating authentication upon a substantial match;

an infrared port for communicating authentication and data to a reader;

a power contact;

at least one magnetic strip encoded with financial account information and routing numbers activated by fingerprint scanner;

whereby said user fingerprint scanner cards, become a personal key for authenticating and verification of all transactions said users simply plugging their fingerprint scanner cards into any supporting reader terminal, and scanning their own fingerprint for each transaction, the financial account information and routing numbers and authentication being transmitted to said reader via said infrared port and or said one magnetic strip, the financial account information and routing number for any transaction being read by said reader, and the transaction details and financial account information being transmitted by said reader to the appropriate supporting institution for payment.

2. A system for authentication and enhanced security during any credit or debit transactions, comprising:

a plurality of Safe Cards each having an integrated fingerprint scanner, local memory and at least one magnetic stripe, each of said Safe Cards being registered to a particular user and activated by an initial fingerprint scan of said user in which a portion of the user'"'"'s digitized fingerprint is stored on said local memory;

a plurality of computer servers maintained by an application service provider (ASP), said servers including a first web-enabled server hosting a plurality of web portals for secure online authentication and exchange opportunities, a second web-enabled server hosting a resident routing database including data correlating registered users and transaction routing data to corresponding financial institutions and accounts.

3. The system for authentication and enhanced security during online credit or debit transactions according to claim 2, wherein after said initial activation each of said plurality of Safe Cards may be inserted into a supported card reader and used to authenticate the corresponding registered user.

4. The system for authentication and enhanced security during online credit or debit transactions according to claim 3, wherein each of said plurality of Safe Cards authenticates the corresponding registered user upon insertion into a supported card reader by prompting for placement of a finger on the fingerprint scanner.

5. The system for authentication and enhanced security during online credit or debit transactions according to claim 4, wherein when said user places a finger on the fingerprint scanner, it scans and verifies the same portion of the user'"'"'s fingerprint minutia as during said enrollment activation scan.

6. The system for authentication and enhanced security during online credit or debit transactions according to claim 5, wherein upon authentication the second web-enabled server will authorize and complete a transaction using transaction routing data for a pre-designated financial institution and account specified by said user.

7. A system for biometric-secure online selling, buying, and bill paying in electronic commerce and retail point-of-sale setting to simplify checkout and to eliminate fraudulent transactions, comprising:

a plurality of a plurality of Secure Individual Identity Devices (Safe Cards) each comprising an integrated fingerprint scanner, local memory, each of said Safe Cards being registered to a particular user and each being initially activated by an enrollment activation fingerprint scan for instant comparison, and at least one magnetic stripe encoded with designated financial account information for debiting an account of said registered user activated by said fingerprint scan;

an exchange service provider (ESP) server hosting a traffic manager for communication with appropriate supporting institutions to initiate debiting based on said financial account information;

whereby each of said user Safe Cards becomes a personal key for authenticating and verification of individuals online transactions, said users simply plugging their SiiD into any supported card reader and scanning their own fingerprint for authentication and approval to proceed with a financial transaction, whereupon the transaction data being transmitted to the traffic manager for communication to the designated financial institution for debiting payment.

8. The system for biometric-secure online selling buying, and bill paying according to claim 7, wherein after said initial activation scan each of said plurality of Safe Cards may be inserted into a supported card reader and used to authenticate the corresponding registered user.

9. An apparatus for biometric-secure online selling buying, and bill paying, comprising:

a plastic credit-card sized housing

a fingerprint scanning bed integral to said housing;

a wireless (infrared) transmitter mounted on said card;

a plurality of LED indicators on said housing for indicating “

power on”

, and for indicating each fingerprint scan result “

match”

or “

no match”

, respectively;

a processor with PROM memory controlling scanning operations, for storing an activation fingerprint scan, and for comparing subsequent fingerprint scans thereto;

and a power strip.

10. The apparatus for biometric-secure online selling buying, and bill paying according to claim 9, wherein said processor PROM memory comprises a minimum of 128 kB of PROM for storing approximately 300 points of fingerprint minutia.

11. The apparatus for biometric-secure online selling buying, and bill paying according to claim 9, wherein one side of said housing includes multiple magnetic strips for multiple readers, and a bar code.

12. The apparatus for biometric-secure online selling buying, and bill paying according to claim 9, wherein one side of said housing includes a photo for instant photo ID security