ELECTRONIC TRANSACTION VERIFICATION SYSTEM
First Claim
1. An electronic system for processing a transaction at a transaction location, the electronic system comprising:
- a biometric data device for obtaining biometric information from an individual at a transaction location;
one or more databases configured to store biometric information and information for a transaction instrument associated with the individual; and
one or more processors in communication with the one or more databases, the one or more processors configured to ;
receive biometric information obtained from the individual;
receive information associated with a transaction instrument issued to the individual;
generate a first comparison result by comparing the obtained biometric information with a biometric information stored in the one or more databases;
generate a second comparison result by comparing the received transaction instrument information with transaction instrument information stored in the one or more databases andtransmit a decision to accept or deny the transaction based on the first and second comparison results to the transaction location.
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Accused Products
Abstract
An electronic transaction verification system for use with transaction tokens such as checks, credit cards, debit cards, and smart cards that gathers and transmits information about the transaction token and biometric data is described herein. The electronic verification system includes a biometric data device for recording and/or transmitting biometric data taken at the transaction location. The electronic system is adapted to accept or deny a transaction based on the comparison result generated by comparing the biometric data and the information obtained from the transaction token at the transaction location with information previously stored in one or more databases.
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Citations
18 Claims
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1. An electronic system for processing a transaction at a transaction location, the electronic system comprising:
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a biometric data device for obtaining biometric information from an individual at a transaction location; one or more databases configured to store biometric information and information for a transaction instrument associated with the individual; and one or more processors in communication with the one or more databases, the one or more processors configured to ; receive biometric information obtained from the individual; receive information associated with a transaction instrument issued to the individual; generate a first comparison result by comparing the obtained biometric information with a biometric information stored in the one or more databases; generate a second comparison result by comparing the received transaction instrument information with transaction instrument information stored in the one or more databases and transmit a decision to accept or deny the transaction based on the first and second comparison results to the transaction location. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method for verifying the identity of an individual involved in a transaction, the method comprising:
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obtaining biometric data of the individual; obtaining information associated with a transaction instrument provided by the individual; processing the obtained biometric data and the transaction instrument information to verify that the individual is an authorized user of the transaction instrument, wherein the processing includes; generating a first comparison result by comparing the obtained biometric data to biometric data previously stored in one or more information stores; and generating a second comparison result by comparing the obtained transaction instrument information to transaction instrument information previously stored in the one or more information stores. - View Dependent Claims (12, 13, 14)
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15. An electronic system for processing an instrument associated with an account, the electronic system comprising:
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a biometric data device for obtaining biometric information from an individual at a transaction location; one or more databases configured to store biometric information and information for the instrument; and one or more processors in communication with the one or more databases, the one or more processors configured to ; receive biometric information obtained from the individual; receive information associated with the instrument; generate a first comparison result by comparing the obtained biometric information with a biometric information stored in the one or more databases; generate a second comparison result by comparing the received instrument information with the instrument information stored in the one or more databases and transmit a decision to accept or deny the transaction based on the first and second comparison results to the transaction location. - View Dependent Claims (16, 17, 18)
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Specification