Secure transaction system

• US 20060191995A1
• Filed: 01/31/2006
• Published: 08/31/2006
• Est. Priority Date: 02/01/2005
• Status: Abandoned Application

• Current Assignee: Source Incorporated
• Original Assignee: Source Incorporated
• Inventors: Stewart, Richard G., Stewart, Richard J.
• Application Number:
  US11/343,734
• Publication Number:
  US 20060191995A1
• Time in Patent Office: Days
• US Class Current: 235/379
• CPC Class Codes: G06F 21/6245 Protecting personal data, e.g. for financial or medical purposes
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• 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 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07C 9/23 by means of a password

Abstract

The system of the present invention comprises a personal Virtual Safety Deposit Box where users are able to enroll their identification methods, financial accounts and personal information. Once authenticated, this information is transferred to a master file within a central databank. Enrollment enables the user to link each item (collectively referred to as the “stored data”) to any one of the plurality of identification methods they enter. Thereafter, the user may employ their enrolled identification methods to select a desired one of the stored data fields. A secure intermediary uses the identification method and a selection method to determine which of the stored data fields the user desires to employ by accessing a database containing each of the stored data fields and the corresponding selection method. The selected field is activated and any relevant outside agencies are notified of the transaction and the transaction is concluded.

Claims

1. A system for storing a user'"'"'s financial and personal information, the method comprising:

establishing a database having a master file, said master file containing the user'"'"'s identification methods, personal information and a list of enrolled payment accounts;

associating said master file with a unique identification number assigned to the user; and

enabling the user to enter data into the master file under their unique identification number.

2. The method of claim 1 wherein said data entry method is a website.

3. The method of claim 1 wherein said data entry method is a paper form.

4. The method of claim 1 wherein said data entry method is a telephone system.

5. The method of claim 1 wherein said data entry method is a batch file.

6. The method of claim 1 wherein said stored identification method is a driver'"'"'s license number.

7. The method of claim 1 wherein said stored identification method is a social security number.

8. The method of claim 1 wherein said stored identification method is a driver'"'"'s license number.

9. The method of claim 1 wherein said stored identification method is a smart card.

10. The method of claim 1 wherein said stored identification method is a radio frequency identification chip or card.

11. The method of claim 1 wherein said stored identification method is a global positioning system identification system.

12. The method of claim 1 wherein said stored identification method is a cell phone.

13. The method of claim 1 wherein said stored identification method is a loyalty card or loyalty program identification number.

14. The method of claim 1 wherein said stored identification method is a memory chip carried by the user or implanted in the user'"'"'s body.

15. The method of claim 1 wherein said stored identification method is a telematics system.

16. The method of claim 1 wherein said stored identification method is a digital identity method.

17. The method of claim 1 wherein said stored identification method is bluetooth information.

18. The method of claim 1 wherein said stored identification method is derived from broker software.

19. The method of claim 1 wherein said stored identification method is a biometrics template.

20. The method of claim 19 wherein said biometrics template is derived from cardiac pulse.

21. The method of claim 19 wherein said biometrics template is derived from dental radiographs.

22. The method of claim 19 wherein said biometrics template is derived 2 from dental geometry.

23. The method of claim 19 wherein said biometrics template is derived from ear geometry.

24. The method of claim 19 wherein said biometrics template is derived from facial geometry.

25. The method of claim 19 wherein said biometrics template is derived from facial thermography.

26. The method of claim 19 wherein said biometrics template is derived from fingerprint scans.

27. The method of claim 19 wherein said biometrics template is derived from gait.

28. The method of claim 19 wherein said biometrics template is derived from genetics.

29. The method of claim 19 wherein said biometrics template is derived from hand geometry.

30. The method of claim 19 wherein said biometrics template is derived from handwriting.

31. The method of claim 19 wherein said biometrics template is derived from iris scans.

32. The method of claim 19 wherein said biometrics template is derived from keystroke or mouse dynamics.

33. The method of claim 19 wherein said biometrics template is derived from palm prints.

34. The method of claim 19 wherein said biometrics template is derived from pores scans.

35. The method of claim 19 wherein said biometrics template is derived from retina scans.

36. The method of claim 19 wherein said biometrics template is derived from skin spectrographs.

37. The method of claim 19 wherein said biometrics template is derived from tapping.

38. The method of claim 19 wherein said biometrics template is derived from vascular patterns.

39. The method of claim 19 wherein said biometrics template is derived from visual skin scans.

40. The method of claim 19 wherein said biometrics template is derived from voice recognition.

41. The method of claim 1 wherein said personal information is the user'"'"'s name, birthdate, or other identifying information.

42. The method of claim 1 wherein said personal information is a survey of the user'"'"'s preferences for music, art, products or services.

43. The method of claim 1 wherein said personal information details the user'"'"'s lifestyle or lifestage.

44. The method of claim 1 wherein said personal information is registered by individuals or groups other than the user.

46. The method of claim 1 wherein said payment account is a debit card account.

47. The method of claim 1 wherein said payment account is a checking account.

48. The method of claim 1 wherein said payment account is a brokerage account.

49. The method of claim 1 wherein said payment account is a loyalty account.

50. The method of claim 1 wherein said payment account is a governmental benefits account including salary, social security, medicare or welfare account.

51. The method of claim 1 wherein said payment account is a paper script account.

52. The method of claim 1 wherein said payment account is an electronic script account.

53. The method of claim 1 wherein said payment account is a frequent flyer account.

54. The method of claim 1, further comprising the step of enabling the user to select a specific stored data field from their master file at a third party location.

60. The method of claim 1 wherein said system is used to prevent fraudulent acquisitions of an account holder'"'"'s financial information during merchant initiated transactions, the method comprising the steps of:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one financial account into the user'"'"'s master file with properly setup selection method;

using the identification and selection methods to initiate a transaction at a merchant'"'"'s point of sale terminal;

transferring account information, obtained from said identification method and selection method, to a financial intermediary;

Determining the designated payment account;

requesting the financial institution corresponding to said designated payment account to authorize the transaction;

informing the merchant of authorization by said financial institution; and

recording the transaction history in said master file.

61. The method of claim 1 wherein said system is used for conducting financial transactions using one of a plurality of accounts selected by a user comprising the steps of:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one financial account into the user'"'"'s master file with properly setup selection method;

initiating a transaction request by communicating a request to transfer funds to a destination account;

obtaining authorization to complete the transaction request from a financial intermediary associated with at least one financial account and completing the requested financial transaction by causing an electronic funds transfer from at least one account to a destination account; and

recording the transaction history in said master file.

62. The method of claim 61 further comprising the step of receiving from an entity associated with said destination account, a rebate or discount to be credited to at least one financial account.

63. The method of claim 62 further comprising the steps of associating each enrolled account with a second entity;

and

crediting an account of said second entity with a portion of the rebate or discount provided by said entity with a selected portion of said rebate or discount where said database maintains an association between said second entity and said financial account.

64. The method of claim 1 wherein said system is used to allow the user to securely divulge specific stored data fields to a Third Party without giving said agency access to any other information about the user, the method comprising the steps of:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one data field of the user'"'"'s personal information into the user'"'"'s master file with properly setup selection method;

using the identification and selection methods to initiate a data transfer at a third party location'"'"'s terminal;

transferring said stored data field of personal information, obtained from said identification method and selection method, to the Third Party; and

recording the data transfer in said master file.

65. The method of claim 1 wherein said system is used to allow the user to securely divulge specific stored data fields to a Third Party without giving said agency access to any other information about the user, the method comprising the steps of:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one data field of the user'"'"'s personal information into the user'"'"'s master file with properly setup selection method;

using the identification and selection methods to initiate a data transfer at a third party location'"'"'s terminal;

transferring said stored data field of personal information, obtained from the user'"'"'s master file by said identification method and selection method, to the Third Party; and

recording the data transfer in said master file.

66. The method of claim 1 wherein said system is used to allow an Third Party to classify user into one of a plurality of selected data categories without revealing other information about the user, the method comprising the steps of:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one data field of the user'"'"'s personal information into the user'"'"'s master file with properly setup selection method;

using the identification and selection methods to initiate a data transfer at a third party location'"'"'s terminal;

enabling the Third Party to transmit a question or data query to the secure intermediary in the form of a plurality of categorizations of data;

using said identification and selection methods to determine the relevant stored data field in the user'"'"'s master file;

using a neutral data comparison system to securely compare said stored data field from the user'"'"'s master file to the categorizations of data provided by the Third Party to select which category of data the user'"'"'s data best matches;

transmitting said category of data which best matches the user'"'"'s selected data to the Third Party; and

recording the data transfer in said master file.

67. The method of claim 1 wherein said system is used to allow an Third Party to classify user into one of a plurality of selected data categories without revealing other information about the user, the method comprising the steps of:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one data field of the user'"'"'s personal information into the user'"'"'s master file;

using the identification method to initiate a data transfer at a third party location'"'"'s terminal;

enabling the Third Party to transmit a question or data query to the secure intermediary in the form of a plurality of categorizations of data;

using a neutral data comparison system to securely compare the totality of data stored in the user'"'"'s master file to the categorizations of data provided by the outside agency to select which category of data the user'"'"'s data best matches;

transmitting said category of data which best matches the user'"'"'s master file to the Third Party; and

recording the data transfer in said master file.

68. The method of claim 1 wherein said system is used to allow an Third Party to classify user into one of a plurality of selected data categories without revealing other information about the user, the method comprising:

enrolling at least one identification method into the user'"'"'s master file;

enrolling at least one data field of the user'"'"'s personal information into the user'"'"'s master file;

enabling a Third Party that detects one or more of the user'"'"'s registered identification methods to transmit said identification method to the secure intermediary without the direct participation of the user and using that identification method to determine the user'"'"'s unique identification number in the database;

enabling the Third Party to transmit a question or data query to the secure intermediary in the form of a plurality of categorizations of data;

using a neutral data comparison system to securely compare the totality of data stored in the user'"'"'s master file to the categorizations of data provided by the outside agency to select which category of data the user'"'"'s data best matches;

transmitting said category of data which best matches the user'"'"'s master file to the Third Party; and

recording the data transfer in said master file.

45. The system for a Third Party to review and authenticate all data stored in the user'"'"'s master file.

55. The system employed to allow the user to select which stored data field is to be transmitted to the merchant or Third Party.

56. The method of claim 55 wherein the user selects a stored data field by entering one of a plurality of personal identification numbers to designate a corresponding one of said stored data fields.

57. The method of claim 55 wherein the user selects a stored data field by entering one personal identification number as well as short second identification tag to designate a corresponding one of said stored data fields.

58. The method of claim 55 wherein the user registers a specific stored data field to each of a plurality of identification methods and causes that stored data field to be accessed by the system at any time when that identification method is given.

59. The method of claim 55 further comprising the step of enabling the user to designate a stored data field for a future transaction using either an Internet or telephone connection.

69. A system for tracking customer spending within a store premises comprising an identification method capable of being detected and identifying the user without said user'"'"'s active participation;

a plurality of readers capable of detecting said identification methods positioned within said store and a server computer coupled to said readers, for associating the identification method with a specific customer.

70. The system of claim 69 further comprising means for detecting purchases by each user at the location where the purchase decision is made.

71. The method of claim 69 wherein said identification method is a contactless radio frequency identification device encoded with a unique identification number, said unique identification number capable of identifying the user.

72. The method of claim 69 wherein said identification method is a global positioning system identification system capable of identifying the user.

73. The method of claim 69 wherein said identification method is a biometrics template capable of being detected and identifying the user without said user'"'"'s direct participation.