Electronic transaction verification system
First Claim
1. An electronic transaction verification system for use at a location where a transaction token is presented for payment by an individual comprising:
- a transaction information database for storing an account information for an authorized user within a tokenless transaction processing system;
a first biometric database for storing biometric information for the authorized user within a tokenless transaction processing system;
a second biometric database for storing biometric information for a plurality of invalid users within the tokenless transaction processing system;
a processor for receiving transaction information from the location where the transaction token is presented and determining if a biometric authentication is required to verify an identity of the individual;
a reading device for reading information on the transaction token and selectively transmitting transaction information to the processor for comparison with the stored account information for the authorized user to verify a condition of the account; and
a biometric data device for scanning biometric information for the individual and selectively transmitting biometric information to the processor for comparison with the stored biometric information for the authorized user in the first biometric database to verify the identity of the individual presenting the transaction token;
wherein the transmitted biometric information is compared with biometric information stored in the second biometric database to determine if the individual presenting the transaction token is an invalid user; and
wherein a result from the comparisons with stored account information and stored biometric information for the authorized user is returned to the transaction location to accept or reject the transaction in real time.
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0 Petitions
Accused Products
Abstract
An electronic transaction verification system for use at a location where a transaction token is presented for payment. The electronic transaction verification system digitizes various indicia of the token, and transmits the transaction information data to a central processing system. The central processing system compares the transaction data with an existing database of information to determine if the customer at the point of the transaction is authorized to use the account. The electronic verification system includes a biometric data device for recording and/or transmitting biometric data taken at the transaction location. The electronic transaction verification system can be used in conjunction with a tokenless transaction processing system to determine if the token presented for payment is associated with an account established for an authorized user that has registered with the tokenless transaction processing system.
151 Citations
29 Claims
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1. An electronic transaction verification system for use at a location where a transaction token is presented for payment by an individual comprising:
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a transaction information database for storing an account information for an authorized user within a tokenless transaction processing system; a first biometric database for storing biometric information for the authorized user within a tokenless transaction processing system; a second biometric database for storing biometric information for a plurality of invalid users within the tokenless transaction processing system; a processor for receiving transaction information from the location where the transaction token is presented and determining if a biometric authentication is required to verify an identity of the individual; a reading device for reading information on the transaction token and selectively transmitting transaction information to the processor for comparison with the stored account information for the authorized user to verify a condition of the account; and a biometric data device for scanning biometric information for the individual and selectively transmitting biometric information to the processor for comparison with the stored biometric information for the authorized user in the first biometric database to verify the identity of the individual presenting the transaction token; wherein the transmitted biometric information is compared with biometric information stored in the second biometric database to determine if the individual presenting the transaction token is an invalid user; and wherein a result from the comparisons with stored account information and stored biometric information for the authorized user is returned to the transaction location to accept or reject the transaction in real time. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. An electronic transaction verification system for use at a location where a transaction token is presented for payment by an individual, comprising:
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a transaction information database for storing an account information for an authorized user within a tokenless transaction processing system; a first biometric database for storing biometric information for the authorized user within a tokenless transaction processing system; a second biometric database for storing biometric information for a plurality of invalid users within the tokenless transaction processing system; processing means for receiving transaction information from the location where the transaction token is presented and determining if a biometric authentication is required to verify an identity of the individual; reading means for reading information on the transaction token and selectively transmitting transaction information to the processing means for comparison with the stored account information for the authorized user to verify a condition of the account; and biometric data means for recording biometric information for the individual and selectively transmitting biometric data to the processing means for comparison with stored biometric information for the authorized user in the first biometric database to verify the identity of the individual presenting the transaction token; wherein the transmitted biometric information is compared with biometric information stored in the second biometric database to determine if the individual presenting the transaction token is an invalid user; and wherein a result from the comparisons with stored account information and stored biometric information for the authorized user is returned to the transaction location to accept or reject the transaction in real time. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26)
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27. A method for verifying the identity of an individual presenting a transaction token for payment for goods or services comprising the steps of:
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storing an account information for an authorized user in a transaction information database associated with a tokenless transaction processing system; storing biometric information for the authorized user in a first biometric database associated with a tokenless transaction processing system; storing biometric information for a plurality of invalid users in a second biometric database associated a tokenless transaction processing system; reading information on the transaction token and selectively transmitting transaction information to a processor for comparison with the stored account information for the authorized user to verify a condition of the account; receiving transaction information from a location where the transaction token is presented and determining if a biometric authentication is required to verify an identity of the individual; scanning biometric information for the individual and selectively transmitting biometric information to the processor; and comparing the transmitted biometric information with the stored biometric information for the authorized user in the first biometric database to verify the identity of the individual presenting the transaction token; comparing the transmitted biometric information with the biometric information stored in the second biometric database to determine if the individual presenting the transaction token is an invalid user; and transmitting a result from the comparisons with stored account information and stored biometric information for the authorized user to a transaction location to accept or reject the transaction in real time. - View Dependent Claims (28, 29)
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Specification