Electronic transaction verification system

• US 8,678,273 B2
• Filed: 03/18/2008
• Issued: 03/25/2014
• Est. Priority Date: 06/19/1998
• Status: Expired due to Term

• Current Assignee: Biometric Payment Solutions
• Original Assignee: Biometric Payment Solutions
• Inventors: McNeal, Joan Tibor
• Primary Examiner(s): STANFORD, CHRISTOPHER J
• Application Number:
  US12/050,772
• Publication Number:
  US 20080156866A1
• Time in Patent Office: 2,198 Days
• Field of Search: 235/375, 235/379, 235/380
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06V 40/12 Fingerprints or palmprints
• CPC Class Codes: G06V 40/30 Writer recognition; Reading and verifying signatures
• CPC Class Codes: G07C 9/37 using biometric data, e.g. fingerprints, iris scans or voice recognition
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02
• CPC Class Codes: G07F 7/0813 Specific details related to card security
• CPC Class Codes: G07F 7/122 Online card verification
• CPC Class Codes: H04L 63/0861 using biometrical features, e.g. fingerprint, retina-scan cryptographic mechanisms or cryptographic arrangements for entity authentication using biological data H04L9/3231

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.

Claims

1. A negotiable instrument system for use at a location where a negotiable instrument is presented by an individual, comprising:

a negotiable instrument scanner configured to read encoded negotiable instrument information data on the negotiable instrument when it is presented;

a biometric scanner configured to generate biometric data from the individual presenting the negotiable instrument;

a processor configured to;

access an identification database using at least the generated biometric data and personal information associated with the individual including at least one of a date of birth or a driver'"'"'s license number at the time of presentation of the negotiable instrument, to locate in the database and identify the individual presenting the negotiable instrument to authenticate the identity of the individual presenting the negotiable instrument, and

analyze the negotiable instrument information data to determine if the negotiable instrument should be rejected,

wherein the processor is configured to access the identification database by comparing at least the generated biometric data with biometric data stored in the identification database.

2. The system of claim 1, wherein the negotiable instrument is a check.

3. The system of claim 2, wherein the check is a cashier'"'"'s check.

4. The system of claim 2, wherein the individual is the payee on the check.

5. The system of claim 2, wherein the negotiable instrument information data is the check number on the check.

6. The system of claim 1, wherein the system returns a report on the usage of the system by the individual presenting the negotiable instrument.

7. The system of claim 1, wherein the system prints the biometric data of the individual presenting the negotiable instrument on the negotiable instrument.

8. The system of claim 1, wherein the biometric scanner is a fingerprint scanner.

9. The system of claim 1, wherein the negotiable instrument scanner and the biometric scanner are located remotely from the identification database.

10. The system of claim 1, wherein the negotiable instrument scanner and the biometric scanner are local with the identification database.

11. The system of claim 1, further comprising a negotiable instrument information database, wherein the negotiable instrument information data is analyzed by comparing the check number to check numbers in the negotiable instrument database.

12. The system of claim 1, wherein the processor is configured to analyze the negotiable instrument information data by comparing the negotiable instrument information data with negotiable instrument information stored in a negotiable instrument database and associated with at least one of a biometric information, birth date, name, address or driver'"'"'s license number associated with the individual.

13. A method of processing a negotiable instrument tendered by an individual, the method comprising the steps of:

obtaining encoded negotiable instrument information from the negotiable instrument using a negotiable instrument scanner at the time it is tendered;

obtaining biometric data from the individual tendering the negotiable instrument using a biometric scanner at the time the negotiable instrument is tendered;

at the time the negotiable instrument is tendered;

accessing an identification database using at least the obtained biometric data and personal information associated with the individual including at least one of a date of birth or a driver'"'"'s license number to locate in the database the individual tendering the negotiable instrument and authenticate the identity of the individual presenting the negotiable instrument,

obtaining information about usage of the system by the individual tendering the negotiable instrument; and

comparing the negotiable instrument information with information previously stored in a negotiable instrument information database to determine if the negotiable instrument should be rejected.

14. The method of claim 13, wherein the negotiable instrument is a check.

15. The method of claim 14, wherein the individual is the payee on the check.

16. The method of claim 14, wherein the negotiable instrument information is the check number on the check.

17. The method of claim 13, further comprising the step of providing a report on the usage of the system by the individual presenting the negotiable instrument.

18. The method of claim 13, further comprising the step of printing the biometric data on the negotiable instrument.

19. The method of claim 13, wherein the step of obtaining biometric data comprises obtaining a fingerprint.

20. The method of claim 14, wherein the step of comparing the negotiable instrument information comprises comparing a check number of the check to check numbers in the negotiable instrument database.

21. The method of claim 13, wherein the information previously stored in the negotiable instrument information database is associated with at least one of a biometric information, birth date, name, address or driver'"'"'s license number associated with the individual.

22. A negotiable instrument processing system, the system comprising:

a negotiable instrument scanner that is configured to read data encoded on the negotiable instrument;

a biometric data scanner that is configured to obtain biometric data from the individual presenting a negotiable instrument at the time the negotiable instrument is presented;

a first biometric database that stores biometric data for users of the negotiable instrument verification system; and

a negotiable instrument database;

wherein at the time the negotiable instrument is presented, the negotiable instrument processing system is configured to access the first biometric database using at least the obtained biometric data and personal information associated with the individual including at least one of a date of birth or a driver'"'"'s license number to locate in the database the individual presenting the negotiable instrument and further compare the biometric data from the individual to data in the first biometric database to authenticate the identity of the individual presenting the negotiable instrument; and

wherein the negotiable instrument processing system is configured to compare the encoded data to data in the negotiable instrument database to determine whether to reject the negotiable instrument.

23. The system of claim 22, wherein the negotiable instrument is a check.

24. The system of claim 23, wherein the check is a cashier'"'"'s check.

25. The system of claim 24, wherein the individual is the payee on the check.

26. The system of claim 23, wherein the negotiable instrument information data is the check number on the check.

27. The system of claim 22, wherein the system returns a report on the usage of the system by the individual presenting the negotiable instrument.

28. The system of claim 22, wherein the system prints the first biometric data of the individual presenting the negotiable instrument on the negotiable instrument.

29. The system of claim 22, wherein the biometric data scanner is a fingerprint scanner.

30. The system of claim 22, wherein the negotiable instrument scanner and the biometric data scanner are located remotely from the biometric database.

31. The system of claim 22, wherein the negotiable instrument scanner and the biometric scanner are local with the biometric database.

32. The system of claim 22, further comprising a negotiable instrument information database, wherein the negotiable instrument information data is analyzed by comparing the check number to check numbers in the negotiable instrument database.

33. The system of claim 22, wherein the encoded data is character recognition data that is printed on the negotiable instrument.

34. The system of claim 22, wherein the system prints biometric data from the individual on the negotiable instrument.

35. The negotiable instrument processing system of claim 22, wherein the biometric data is used to access a second biometric database to determine if the individual presenting the negotiable instrument is an invalid user.

36. The system of claim 22, wherein the data in the negotiable instrument database is associated with at least one of a biometric information, birth date, name, address, or driver'"'"'s license number associated with the individual.

37. A transaction processing system located at a transaction location, the system comprising:

a device configured to obtain biometric data from an individual presenting a token; and

a processor configured to access an identification database located at the transaction location using at least the obtained biometric data and personal information associated with the individual including at least one of a date of birth or a driver'"'"'s license number to locate in the database and identify the individual presenting the token to verify the identity of the individual presenting the token.

38. The system of claim 37, further comprising a scanner configured to read information stored on the token presented by the individual.