CARD PRINTING VERIFICATION SYSTEM

• US 20100123002A1
• Filed: 11/20/2008
• Published: 05/20/2010
• Est. Priority Date: 11/20/2008
• Status: Abandoned Application

• Current Assignee: Gendais Incorporated
• Original Assignee: Gendais Incorporated
• Inventors: Caporicci, Anthony
• Application Number:
  US12/274,654
• Publication Number:
  US 20100123002A1
• Time in Patent Office: Days
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/22 Payment schemes or models
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/355 Personalisation of cards for use
• CPC Class Codes: G07F 17/42 for ticket printing or like apparatus , e.g. apparatus for dispensing of printed paper tickets or payment cards
• CPC Class Codes: G07F 19/00 Complete banking systems; Coded card-freed arrangements adapted for dispensing or receiving monies or the like and posting such transactions to existing accounts, e.g. automatic teller machines data processing equipment for bank accounting G06Q40/02

Abstract

A card printing verification system is disclosed. The system includes a security input device for receiving an identity credential that embodies user identification data and corresponds to a card user. There is also an identity verification module that verifies the identity of the user against a fraud detection scheme. There is also a compliance module for checking whether the card user is found in a prohibited persons list. When both evaluations indicate that there is little to no risk in authorizing a financial transaction card, various customizations are applied thereto and issued for immediate use.

Claims

1. A card printing verification system, comprising:

a security input device for receiving an identity credential embodying user identification data and corresponding to a card user;

an identity verification module in communication with the security input device, an authenticated card user identity being established in response to a verification of the received user identification data with a user identity database;

a compliance module for evaluating the authenticated card user identity against a prohibited user database, a card issuance permission being generated thereby in response to the evaluation, the evaluation being positive;

a fund management module linked to a financial account associated with the card user and including monetary value information, the fund management module being operative to modify the monetary value information upon authorization based on an evaluation of one or more factors; and

a card printer in communication with the compliance module and the management module, a financial card linked to the card user being produced therefrom in response to the card issuance permission and the authorization.

2. The card printing verification system of claim 1, wherein:

the card printer and the security input device are in a client-side component; and

the identity verification module, the compliance module, and the fund management module are in a server-side component; and

the client-side component being remote with respect to the server-side component.

3. The card printing verification system of claim 1, further comprising:

a card issuance module for assigning a generated account identifier to the financial card, the account identifier being defined by an financial issuer value, a sub-issuer value, a customer value, and a validity value.

4. The card printing verification system of claim 3, wherein the card issuance module is operative to assign a card-user selected personal identification number to the financial card, the personal identification number being a one of the factors evaluated by the management module prior to the authorization.

5. The card printing verification system of claim 3, wherein the card issuance module is operative to assign a security verification code to the financial card, the security verification code being imprinted thereon by the card printer.

6. The card printing verification system of claim 1, wherein the compliance module is in communication with the fund management module, a transaction log entry being generated by the compliance module for each authorization for subsequent retrieval.

7. The card printing verification system of claim 6, wherein the compliance module generates an aggregate report based upon the transaction log entries, the aggregate report including information selected from a group consisting of:

location data, velocity data, distribution data, recipient data, and usage data.

8. The card printing verification system of claim 6, further comprising:

a position indicator for generating a tracked location correlated to each transaction log entry.

9. The card printing verification system of claim 8, wherein the position indicator is a global positioning system (GPS) receiver.

10. The card printing verification system of claim 1, further comprising:

a card customization subsystem including a user interface for displaying a plurality of selectable card background graphics imprintable on the financial card via the card printer.

11. The card printing verification system of claim 10, wherein the card printer is operative to print over-edge images of a selected one of the card background graphics on the financial card.

12. The card printing verification system of claim 1, wherein the card printer is operative to print rear-indent embossing on the financial card.

13. The card printing verification system of claim 1, wherein:

the identity credential is an identification card including the user identity data encoded thereon; and

the security input device is a card reader for receiving the identification card and decoding the user identity data transmitted to the identity verification module.

14. The card printing verification system of claim 1, wherein the security input device is a camera for recording images of the card user, the recorded image being transferable to the card printer for imprinting on the financial card.

15. The card printing verification system of claim 1, wherein the security input device is a fingerprint scanner.

16. The card printing verification system of claim 1, wherein the financial account is a direct deposit account.

17. The card printing verification system of claim 1, wherein the financial account is a stored value card account with the monetary value information being managed and guaranteed by an authoritative organization.

18. The card printing verification system of claim 1, wherein the financial account is a mobile phone payment account.

19. The card printing verification system of claim 1, wherein the financial account is an escrow account.

20. An apparatus for issuing a financial transaction card to a user, comprising:

a plurality of security devices receptive of user identity data;

a client-side data processor linkable to a server-side data processor, the user identity data being transmitted to the server-side data processor for user identity authentication and validation thereon; and

a card issuance device in communication with the server-side data processor that receives an issuance authorization signal and account data therefrom based on the user identity authentication and validation, the device including;

a printer for customizing the appearance of the financial transaction card and writing the account data to the financial transaction card, the account data being associated with the authenticated and validated user identity;

wherein the financial transaction card is printed and recorded in response to a receipt of the issuance authorization signal.

21. The apparatus of claim 20, wherein the financial transaction card includes a magnetic stripe, the card account identification data being magnetically encoded thereon.

22. The apparatus of claim 20, wherein the financial transaction card includes an integrated circuit chip, the card account identification being electronically stored thereon.

23. The apparatus of claim 20, wherein a given one of the plurality of security device is an card reader that receives an identification card with the user identity data encoded thereon.

24. The apparatus of claim 20, wherein a given one of the plurality of security device is a thumbprint scanner.