Tokenless biometric electronic financial transactions via a third party identicator
First Claim
1. A method for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample, said method comprising the steps of:
- a payor registration step, wherein the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account, identifier, and wherein the payor registers a non-unique payor personal identification number with the electronic third party identicator, which is used by the electronic third party identicator to assist in identification of the payor;
a payor biometric sample collection step, wherein in at least one payor bid biometric sample is obtained from the payor'"'"'s person;
at least one transmission step, wherein the payor bid biometric sample is electronically forwarded from the payee to the third-party electronic identicator;
a payor identification step, wherein the electronic third party identicator compares the payor bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor;
an identification response step, wherein upon successful identification of the payor, the electronic third-party identicator electronically forwards at least one payor financial account identifier to the payee;
a transaction execution step, wherein an electronic financial transaction is formed between the payor and the payee, comprising a transaction amount and a payor financial account identifier, and the financial transaction is electronically forwarded by the payee to a financial transaction processor for authorization; and
a biometric theft resolution step, wherein the payor'"'"'s personal identification number is changed whenever the payor'"'"'s biometric sample is determined to have been fraudulently duplicated;
wherein upon successful identification of the payor and authorization of the financial transaction by the financial transaction processor, a biometric-based authorization of an electronic payment is given to transfer funds from the payor'"'"'s financial account to a payee'"'"'s financial account.
15 Assignments
0 Petitions
Accused Products
Abstract
The invention provides a method and device for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample. In a payor registration step, the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account identifier. The payee registers a payee identification data with the electronic third party identicator. A payee bid identification data and a payor bid biometric sample collected from the payor'"'"'s person are electronically forwarded to the third party electronic identicator. A comparator engine compares the bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor. The comparator engine also compares the payee'"'"'s bid identification data with a payee'"'"'s registered identification data for producing either a successful or failed identification of the payee. Once the electronic third-party identicator successfully identifies the payor and payee, the identicator electronically forwards at least one payor financial account identifier to the payee. An electronic financial transaction is then formed between the payor and payee, comprising a transaction amount and a payor financial account identifier. This transaction is then electronically forwarded to a financial transaction processor for authorization.
258 Citations
52 Claims
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1. A method for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample, said method comprising the steps of:
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a payor registration step, wherein the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account, identifier, and wherein the payor registers a non-unique payor personal identification number with the electronic third party identicator, which is used by the electronic third party identicator to assist in identification of the payor;
a payor biometric sample collection step, wherein in at least one payor bid biometric sample is obtained from the payor'"'"'s person;
at least one transmission step, wherein the payor bid biometric sample is electronically forwarded from the payee to the third-party electronic identicator;
a payor identification step, wherein the electronic third party identicator compares the payor bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor;
an identification response step, wherein upon successful identification of the payor, the electronic third-party identicator electronically forwards at least one payor financial account identifier to the payee;
a transaction execution step, wherein an electronic financial transaction is formed between the payor and the payee, comprising a transaction amount and a payor financial account identifier, and the financial transaction is electronically forwarded by the payee to a financial transaction processor for authorization; and
a biometric theft resolution step, wherein the payor'"'"'s personal identification number is changed whenever the payor'"'"'s biometric sample is determined to have been fraudulently duplicated;
wherein upon successful identification of the payor and authorization of the financial transaction by the financial transaction processor, a biometric-based authorization of an electronic payment is given to transfer funds from the payor'"'"'s financial account to a payee'"'"'s financial account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A method for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample, said method comprising the steps of:
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a payor registration step, wherein the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account;
identifier, and wherein the payor registers a non-unique payor personal identification number with the electronic third party identicator, which is used by the electronic third party identicator to assist in identification of the payor;
a payee registration step, wherein the payee registers a payee identification data with the electronic third party identicator;
a payor biometric sample collection step, wherein at least one payor bid biometric sample is obtained from the payor'"'"'s person;
at least one transmission step, wherein the payor bid biometric sample and bid payee identification data are electronically forwarded from the payee to the third-party electronic identicator;
a payor identification step, wherein the electronic third party identicator compares the payor bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor;
a payee identification step, wherein the electronic third party identicator compares the payee'"'"'as bid identification data with registered payee identification data for producing either a successful or failed identification of the payee;
an identification response step, wherein upon successful identification of the payor and payee, the electronic third-party identicator electronically forwards at least one payor financial account identifier to the payee;
a transaction execution step, wherein an electronic financial transaction is formed between the payor and the payee, comprising a transaction amount and a payor financial account identifier, and the financial transaction is electronically forwarded by the payee to a financial transaction processor for authorization; and
a biometric theft resolution step, wherein the payor'"'"'s personal identification number is changed whenever the payor'"'"'s biometric sample is determined to have been fraudulently duplicated;
wherein upon successful identification of the payor and payee and authorization of the financial transaction by the financial transaction processor, a biometric-based authorization of an electronic payment is given to transfer funds from the payor'"'"'s financial account to a payee'"'"'s financial account. - View Dependent Claims (22, 23, 24, 25, 26)
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27. A method for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample, said method comprising the steps of:
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a payor registration step, wherein the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account identifier, a payor biometric sample collection step, wherein at least one payor bid biometric sample is obtained from the payor'"'"'s person;
at least one transmission step, wherein the payor bid biometric sample is electronically forwarded from the payee to the third-party electronic identicator;
a payor identification step, wherein the electronic third party identicator compares the payor bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor, an identification response step, wherein upon successful identification of the payor, the electronic third-party identicator electronically forwards at least one payor financial account identifier to the payee;
a transaction formation step, wherein an electronic financial transaction is formed between the payor and the payee, the electronic financial transaction comprising a transaction amount and an account index code identifying the payor financial account;
a transaction execution step, wherein an electronic financial transaction is formed between the payor and the payee, the electronic financial transaction comprising a transaction amount and an account index code identifying the payor financial account, and the financial transaction is electronically forwarded by the payee to a financial transaction processor for authorization;
wherein upon successful identification of the payor and authorization of the financial transaction by the financial transaction processor, a biometric-based authorization of an electronic payment is given to transfer funds from the payor'"'"'s financial account to a payee'"'"'s financial account. - View Dependent Claims (28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46)
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47. A method for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample, said method comprising the steps of:
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a payor registration step, wherein the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account identifier;
a payee registration step, wherein the payee registers a payee identification data with the electronic third party identicator;
a payor biometric sample collection step, wherein at least one payor bid biometric sample is obtained from the payor'"'"'s person;
at least one transmission step, wherein the payor bid biometric sample and bid payee identification data are electronically forwarded from the payee to the third-party electronic identicator;
a payor identification step, wherein the electronic third party identicator compares the payor bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor;
a payee identification step, wherein the electronic third party identicator compares the payee'"'"'s bid identification data with registered payee identification data for producing either a successful or failed identification of the payee;
an identification response step, wherein upon successful identification of the payor and payee, the electronic third-party identificator electronically forwards at least one payor financial account identifier to the payee;
a transaction execution step, wherein an electronic financial transaction is formed between the payor and the payee, the electronic financial transaction comprising a transaction amount and an account index code identifying the payor financial account, and the financial transaction is electronically forwarded by the payee to a financial transaction processor for authorization;
wherein upon successful identification of the payor and payee and authorization of the financial transaction by the financial transaction processor, a biometric-based authorization of an electronic payment is given to transfer funds from the payor'"'"'s financial account to a payee'"'"'s financial account. - View Dependent Claims (48, 49, 50, 51, 52)
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Specification