System and method for biometric authorization for financial transactions
First Claim
1. A method of using a transaction system to provide approval of a transaction between a payee and a payor, the transaction system having a central database that has stored therein registered biometric data associated with the payor through a payor identification code, and at least one approval station configured to access the central database, wherein the method comprises:
- sampling, at the approval station, at a first location, a biometric characteristic of the payor via a biometric identification device;
receiving, at the approval station, an identification code proffered by the payor;
sending from the approval station to the central database, at a second location remote from the first location, the identification code proffered by the payor;
comparing, at the central database, the proffered identification code to payor identification codes stored in the central database;
determining, at the central database, whether the proffered identification code matches a payor identification code stored in the central database;
in the event the proffered identification code matches a payor identification code stored in the central database, selecting, at the central databases potential matching registered biometric data based on the proffered identification code;
receiving, at the approval station, the potential matching registered biometric data from the central database;
determining, at the approval station, whether a comparison of transaction biometric data based on the sampled biometric characteristic with the potential matching registered biometric data indicates a match; and
in the event that a match is indicated, approving, at the approval station, the transaction.
7 Assignments
0 Petitions
Accused Products
Abstract
The present invention is a system and method of biometric-based identity verification for authorizing financial transactions between a consumer and a merchant, said system comprising distributed processing to facilitate biometric matching and various types of financial transactions to facilitate said system'"'"'s integration into current financial networks. System users register at least one biometric identifier, personal and/or business identity-verifying data, and financial account information. A user presents a biometric sample obtained from the user'"'"'s person and the user'"'"'s system ID number to conduct financial transactions. This data is used to authenticate the user'"'"'s identity and authorize transfer of funds from the user'"'"'s registered financial account to the designated recipient'"'"'s account by matching the presented transaction biometric with at least one registered biometric template and without the use of a man-made financial account token or identity token.
373 Citations
21 Claims
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1. A method of using a transaction system to provide approval of a transaction between a payee and a payor, the transaction system having a central database that has stored therein registered biometric data associated with the payor through a payor identification code, and at least one approval station configured to access the central database, wherein the method comprises:
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sampling, at the approval station, at a first location, a biometric characteristic of the payor via a biometric identification device; receiving, at the approval station, an identification code proffered by the payor; sending from the approval station to the central database, at a second location remote from the first location, the identification code proffered by the payor; comparing, at the central database, the proffered identification code to payor identification codes stored in the central database; determining, at the central database, whether the proffered identification code matches a payor identification code stored in the central database; in the event the proffered identification code matches a payor identification code stored in the central database, selecting, at the central databases potential matching registered biometric data based on the proffered identification code; receiving, at the approval station, the potential matching registered biometric data from the central database; determining, at the approval station, whether a comparison of transaction biometric data based on the sampled biometric characteristic with the potential matching registered biometric data indicates a match; and in the event that a match is indicated, approving, at the approval station, the transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method of using a transaction system to provide approval of a transaction between a payee and a payor, the transaction system having a central database that has stored therein registered biometric data associated with the payor through a payor identification code, and wherein the central database is configured to apply transaction rules, and at least one approval station configured to access the central database, wherein the method comprises:
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sampling, at the approval station, at a first location, a biometric characteristic of the payor via a biometric identification device; receiving, at the approval station, an identification code proffered by the payor; assembling, at the approval station, transaction data; sending from the approval station to the central database, at a second location remote from the first location, the identification code proffered by the payor and the transaction data; comparing, at the central database, the proffered identification code to payor identification codes stored in the central database; determining, at the central database, whether the proffered identification code matches a payor identification code stored in the central database; determining, at the central database, whether the transaction data complies with the transaction rules; selecting, at the central database, potential matching registered biometric data based on the payor identification code; receiving, at the approval station, the potential matching registered biometric data from the central database; determining, at the approval station, whether a comparison of transaction biometric data based on the sampled biometric characteristic with the potential matching registered biometric data indicates a match; and in the event that a match is indicated and the transaction data complies with the transaction rules, approving, at the approval station, the transaction. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19)
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20. A method of using a transaction system to provide approval of a transaction between a payee and a payor, the transaction system having a central database that has stored therein registered payor biometric data associated with the payor through a payor identification code and registered payee biometric data associated with the payee through a payee identification code, and at least one approval station configured to access the central database, wherein the method comprises:
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sampling, at the approval station, at a first location, a payee biometric characteristic via a biometric identification device; receiving at the approval station a payee identification code proffered by the payee; sampling, at the approval station, a payor biometric characteristic via a biometric identification device; receiving, at the approval station, a payor identification code proffered by the payor; assembling, at the approval station, transaction data; sending from the approval station to the central database, at a second location remote from the first location, the payee identification code proffered by the payee, the payor identification code proffered by the payor and the transaction data; determining, at the central database, whether the proffered payee identification code matches a payee identification code stored in the central database; determining, at the central database, whether the proffered payor identification code matches a payor identification code stored in the central database; determining, at the central database, whether the transaction data complies with the transaction rules; in the event that the proffered payee identification code matches a payee identification code stored in the central database, the proffered payor identification code matches a payor identification code stored in the central database, and the transaction data complies with the transaction rules, selecting, at the central database, potential matching registered payee biometric data based on the payee identification code and potential payor registered biometric data based on the payor identification code; receiving, at the approval station, the potential matching registered payee biometric data from the central database and the potential matching registered payor biometric data from the central database; determining, at the approval station, whether a comparison of transaction payee biometric data based on the sampled payee biometric characteristic with the potential matching registered payee biometric data received from the central database indicates a payee biometric match; determining, at the approval station, whether a comparison of transaction payor biometric data based on the sampled payor biometric characteristic with the potential matching registered payor biometric data received from the central database indicates a payor biometric match; and in the event that the payee biometric match and the payor biometric match are indicated, approving, at the approval station, the transaction.
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21. A method of using a transaction system to provide approval of a transaction between a payee and a payor, the transaction system having a first database that has stored therein registered payor biometric data associated with the payor through a payor identification code, a second database that has stored therein registered payee biometric data associated with the payee through a payee identification code, and at least one approval station configured to access the first and second databases, wherein the method comprises:
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sampling, at the approval station, at a first location, a payee biometric characteristic via a biometric identification device; receiving at the approval station a payee identification code proffered by the payee; sampling, at the approval station, a payor biometric characteristic via a biometric identification device; receiving, at the approval station, a payor identification code proffered by the payor; assembling, at the approval station, transaction data; sending from the approval station to the first database, at a second location remote from the first location, the payor identification code proffered by the payor and the transaction data; determining, at the approval station, whether the proffered payee identification code matches a payee identification code stored in the second database; determining, at the first database, whether the proffered payor identification code matches a payor identification code stored in the first database; determining, at the first database, whether the transaction data complies with the transaction rules; in the event that the proffered payee identification code matches a payee identification code stored in the second database, the proffered payor identification code matches a payor identification code stored in the first database, and the transaction data complies with the transaction rules, selecting, at the first database, potential payor registered biometric data based on the payor identification code and selecting, at the second database, potential matching payee registered biometric data based on the payee identification code; receiving, at the approval station, the potential matching registered payee biometric data from the second database; receiving, at the approval station, the one or more potential matching payor biometric templates from the first database; determining, at the approval station, whether a comparison of transaction payee biometric data based on the sampled payee biometric characteristic with the potential matching registered payee biometric data indicates a payee biometric match; determining, at the approval station, whether a comparison of transaction payor biometric data based on the sampled payor biometric characteristic with the potential matching registered payor biometric data received from the first database indicates a payor biometric match; in the event that the payee biometric match and the payor biometric match are indicated, approving, at the approval station, the transaction.
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Specification