ENABLING REMOTE FINANCIAL TRANSACTIONS

• US 20110264572A1
• Filed: 11/17/2010
• Published: 10/27/2011
• Est. Priority Date: 03/09/2006
• Status: Abandoned Application

• Current Assignee: Robert Cucinotta
• Original Assignee: Robert Cucinotta
• Inventors: Cucinotta, Robert
• Application Number:
  US12/948,616
• Publication Number:
  US 20110264572A1
• Time in Patent Office: Days
• US Class Current: 705/34
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/18 involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Abstract

A financial services and transaction network including multiple networked validation stations and remote terminals allows users to access a number of financial services and transactions. In some embodiments, a user indicates a desired service or transaction. The user provides any currency or information needed for the selected service, after which the user receives an identifier or transaction voucher. The user can take this identifier or voucher to any of the validation stations in order to authenticate the user'"'"'s identity, if not already authenticated. Once the voucher or identifier is activated, the user or a recipient can present the voucher or identifier at any remote terminal to receive funding or otherwise complete the transaction or service.

Claims

1. A method of providing a financial service, comprising the steps of:

receiving a communication from a first user to an entity with which the first user has a relationship, the communication including identifying information and an indication of a financial service to be provided;

authenticating an identity of the first user;

verifying an ability to provide the financial service; and

using at least one computing device, providing the first user with an activated identifier when the identity of the first user is authenticated and the ability to provide the financial service is verified, the first user or a second user able to use the activated identifier at one of a plurality of remote locations to obtain the financial service, the financial service able to be obtained by the first user or the second user based on the authenticated identity of the first user at substantially a time of activation of the identifier and independent of any additional identity verification of the first user or the second user,

wherein the entity is able to bill the user for the financial service as part of a billing procedure for the user with respect to the entity.

2. The method of claim 1, further comprising:

the financial service involves disbursing funds associated with the identifier.

3. The method of claim 1, further comprising:

collecting and storing identification data for the first user when first authenticated by the entity.

4. The method of claim 1, wherein the communication is one of an email message, a phone call, a Web request, a text message, or an instant message.

5. The method of claim 1, wherein the entity is a service provider, the user having an account to obtain a service from the service provider.

6. The method of claim 1, wherein the entity is a phone company, Internet service provider, or cable provider.

7. A method of providing a financial service, comprising the steps of:

receiving a communication from a first user to a third party, the communication including identifying information and an indication of a financial service to be provided;

submitting the identifying information to an entity with which the first user has a relationship;

receiving information from the entity to the third party indicating whether the identity of the first user is authenticated;

verifying an ability to provide the financial service;

using at least one computing device, providing the first user with an activated identifier when the identity of the first user is authenticated and the ability to provide the financial service is verified, the first user or a second user able to use the activated identifier at one of a plurality of remote locations to obtain the financial service, the financial service able to be obtained by the first user or the second user based on the authenticated identity of the first user at substantially a time of activation of the identifier and independent of any additional identity verification of the first user or the second user; and

providing information regarding the financial service to the entity, wherein the entity is able to bill the user for the financial service and provide payment to the third party.

8. The method of claim 7, wherein the entity is able to bill the user for the financial service as part of an existing billing procedure for the user with respect to the entity.

9. The method of claim 7, further comprising:

the financial service involves disbursing funds associated with the identifier.

10. The method of claim 7, further comprising:

collecting and storing identification data for the user when authenticated.

11. The method of claim 7, wherein the communication is one of an email message, a phone call, a Web request, a text message, or an instant message.

12. The method of claim 7, wherein the entity is a service provider, the user having an account to obtain a service from the service provider.

13. The method of claim 7, wherein the entity is a phone company, Internet service provider, or cable provider.

14. A non-transitory computer-readable storage medium storing instructions for providing a financial service, the instructions when executed by a processor of a computer system causing the computer system to:

receive a communication from a first user to an entity with which the first user has a relationship, the communication including identifying information and an indication of a financial service to be provided;

authenticate an identity of the first user;

verify an ability to provide the financial service; and

using at least one computing device, provide the first user with an activated identifier when the identity of the first user is authenticated and the ability to provide the financial service is verified, the first user or a second user able to use the activated identifier at one of a plurality of remote locations to obtain the financial service, the financial service able to be obtained by the first user or the second user based on the authenticated identity of the first user at substantially a time of activation of the identifier and independent of any additional identity verification of the first user or the second user,

wherein the entity is able to bill the user for the financial service as part of a billing procedure for the user with respect to the entity.

15. The non-transitory computer-readable storage medium of claim 14, further comprising:

the financial service involves disbursing funds associated with the identifier.

16. The non-transitory computer-readable storage medium of claim 14, further comprising:

collecting and storing identification data for the user when first authenticated by the entity.

17. The non-transitory computer-readable storage medium of claim 14, wherein the communication is one of an email message, a phone call, a Web request, a text message, or an instant message.

18. The non-transitory computer-readable storage medium of claim 14, wherein the entity is a service provider, the user having an account to obtain a service from the service provider.

19. The non-transitory computer-readable storage medium of claim 14, wherein the entity is a phone company, Internet service provider, or cable provider.