Conducting financial transactions based on identification of individuals in an augmented reality environment

• US 8,438,110 B2
• Filed: 01/01/2012
• Issued: 05/07/2013
• Est. Priority Date: 03/08/2011
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Calman, Matthew A., Ross, Erik Stephen
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US13/342,069
• Publication Number:
  US 20120233072A1
• Time in Patent Office: 492 Days
• Field of Search: 705 10- 44
• US Class Current: 705/44
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Embodiments of the invention are directed to methods and apparatuses for conducting financial transactions based on identification of individuals in an augmented reality environment. The method includes capturing a video stream using a mobile computing device; analyzing, using a computing device processor, the video stream to distinguish between individuals and objects; identifying an individual in the video stream; authenticating the identity of the individual; and conducting the transaction after the individual is authenticated. The method may also include presenting indicators associated with the user, the identified individual, or the financial transaction.

Claims

1. A computer-implemented method for conducting a financial transaction based on identification of an individual in an augmented reality environment, the method comprising:

analyzing, via a computing device processor, a video stream received via a mobile device;

identifying an individual in the video stream within a predetermined confidence level based on a comparison of a real-time image from the video stream to a reference image;

presenting an indicator associated with a financial transaction in the video stream;

receiving an input associated with the indicator from a user of the mobile device; and

conducting the financial transaction between the individual and the user of the mobile device based on identification of the individual and in response to the input.

2. The computer-implemented method of claim 1, wherein identifying the individual comprises:

capturing an image of the individual in the video stream; and

comparing the image to said reference image.

3. The computer-implemented method of claim 1, wherein the indicator is further associated with the individual.

4. The computer-implemented method of claim 1, wherein the indicator is further associated with said user of the mobile device.

5. The computer-implemented method of claim 1, wherein the financial transaction is selected from the group consisting of a purchase, a refund, a loan, a payment, and a surety.

6. An apparatus for conducting a financial transaction based on identification of individuals, the apparatus comprising:

a computing platform having a processor, a memory in communication with the processor, and

image capture logic stored in the memory, executable by the processor and configured to capture a video stream, and

identification logic stored in the memory, executable by the processor and configured to identify which images in the video stream captured by a mobile device correspond to an individual, and

image comparison logic stored in the memory, executable by the processor and configured to identify the individual based on comparison to a reference image within a predetermined confidence level;

presentation logic stored in the memory, executable by the processor and configured to present an indicator association with a financial transaction in the video stream;

input logic stored in the memory, executable by the processor, and configured to receive input associated with the indicator from a user of the mobile device; and

transaction completion logic stored in the memory, executable by the processor and configured to conduct the transaction in response to the input and if the individual is identified based on the comparison to the reference image.

7. The apparatus of claim 6, further comprising presentation logic stored in the memory, executable by the processor and configured to present, on a display of the mobile communication device, one or more indicators, each indicator presented in a live video stream proximate a location of the identified individual.

8. The apparatus of claim 6, further comprising a positioning system device, wherein the individual is identified based at least in part on a location of the individual determined by the positioning system device.

9. The apparatus of claim 6, further comprising a networking device, wherein the reference image is received via the networking device.

10. The apparatus of claim 6, further comprising a microphone, wherein the individual is identified at least in part on an audio recording of the user.

11. The apparatus of claim 6, further comprising an input device, wherein the user conducts the transaction by actuating the input device.

12. The apparatus of claim 11, wherein the input device is a touch sensitive pad.

13. The apparatus of claim 6, wherein the reference image is stored in the memory.

14. The apparatus of claim 6, wherein the video stream is captured by a video camera.

15. The apparatus of claim 6, wherein the video stream is captured over a networking device and stored in the memory.

16. A computer program product, comprising a non-transitory computer-readable medium comprising computer-executable instructions for conducting financial transactions based on identification of individuals, the instructions comprising:

instructions for identifying which images in a video stream captured on a mobile device correspond to an individual;

instructions for determining which of one or more individuals in the video stream are identified based on comparison with a reference image within a predetermined confidence level;

instructions for presenting an indicator associated with a financial transaction in the video stream;

instructions for receiving an input associated with the financial transaction from a user of the mobile device; and

instructions for conducting the financial transaction based on identification of the individual in the real-time video stream and in response to the input.

17. The computer program product of claim 16, further comprising instructions for presenting information related to the individual.

18. The computer program product of claim 17, wherein in the information is presented real-time on the video stream.

19. The computer program product of claim 18, where the information is financial information of a user.

20. The computer program product of claim 19, wherein the financial information is at least one financial transaction between the user and the individual identified in the video stream.

21. The computer program product of claim 16, wherein the input is received from a touch sensitive screen.

22. The computer program product of claim 16, further comprising instructions for receiving information for a social networking site, wherein the individuals are identified based on comparison to the reference image from the social networking site.