Voice authenticated financial transaction
First Claim
1. A system for enabling users to conduct financial transactions with voice enabled merchant devices, comprising:
- a merchant device operated by the merchant, that guides the user in conducting financial transactions, further comprising;
a radio frequency identification module for identifying the unique identifier of the user, and for receiving and transmitting information via radio frequency;
a biometric identification unit for authenticating the identity of individuals and authorizing transactions;
a voice module that guides said user, and responds to a request for conducting a transaction by the user in the language of the user by providing a voice response back to the user, requesting authentication for said transaction;
an electronic handheld device operated by the user, that has a unique identifier for each user, further comprising;
a radio frequency identification unit for providing unique identifiers to individuals and for communicating with said merchant device;
a memory module that stores the biometric information of said unique user;
a financial module that maintains the cash balance and transaction history information; and
a banking server that is in communication with said merchant transaction device via a network, wherein the merchant device credits, debits and conducts other financial transactions via said banking server.
1 Assignment
0 Petitions
Accused Products
Abstract
The method and system disclosed herein provides a method and system for enabling users to conduct financial transactions with voice enabled merchant devices. The overall system comprises of a merchant device operated by the merchant, electronic handheld devices operated by users, i.e. customers, and a banking server that is in communication with the merchant device. The merchant device guides the user in conducting financial transactions. The merchant device comprises of a radio frequency identification (RFID) unit, a biometric identification unit and a voice module. The RFID module identifies the unique radio frequency identifier of the user, and for receiving and transmitting information via radio frequency. The biometric identification unit is used for capturing and authenticating the identity of individuals and authorizing transactions. The voice module provides a voice response back to the user, requesting a confirmation via biometric authentication in order to complete a transaction after the user initiates a financial transaction.
-
Citations
11 Claims
-
1. A system for enabling users to conduct financial transactions with voice enabled merchant devices, comprising:
-
a merchant device operated by the merchant, that guides the user in conducting financial transactions, further comprising; a radio frequency identification module for identifying the unique identifier of the user, and for receiving and transmitting information via radio frequency; a biometric identification unit for authenticating the identity of individuals and authorizing transactions; a voice module that guides said user, and responds to a request for conducting a transaction by the user in the language of the user by providing a voice response back to the user, requesting authentication for said transaction; an electronic handheld device operated by the user, that has a unique identifier for each user, further comprising; a radio frequency identification unit for providing unique identifiers to individuals and for communicating with said merchant device; a memory module that stores the biometric information of said unique user; a financial module that maintains the cash balance and transaction history information; and a banking server that is in communication with said merchant transaction device via a network, wherein the merchant device credits, debits and conducts other financial transactions via said banking server. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. A method for enabling users operating electronic handheld devices to conduct financial transactions with a voice enabled a merchant device that is in communication with a banking server via a network, the method comprising the steps of:
-
providing a list of permitted users by storing their respective unique radio frequency identifiers and biometric templates in said banking server; requesting a financial transaction by said user with said merchant; requesting an authentication of the electronic handheld device operated by a user at the merchant transaction device, successfully authenticating the electronic handheld device only if the radio frequency identifier received from the electronic handheld device at the merchant device is one of the permitted identifiers in said provided list of permitted users; guiding and confirming the user'"'"'s transaction in voice mode; and successfully authenticating said financial transaction request if live biometric identifier matches with a permitted biometric template located in the banking server.
-
Specification