TOKENLESS ELECTRONIC TRANSACTION SYSTEM

• US 20070291996A1
• Filed: 06/14/2007
• Published: 12/20/2007
• Est. Priority Date: 11/28/1994
• Status: Active Grant

• Current Assignee: YT Acquisition Corp.
• Original Assignee: Indivos Corporation (Solidus Networks Incorporated)
• Inventors: LEE, Jonathan, PARE, David, HOFFMAN, Ned
• Granted Patent: US 7,558,407 B2
• Time in Patent Office: Days
• US Class Current: 382/115
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• 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 20/401 Transaction verification
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G07C 9/37 using biometric data, e.g. fingerprints, iris scans or voice recognition
• CPC Class Codes: G07C 9/38 with central registration
• CPC Class Codes: H04L 2209/56 Financial cryptography, e.g. electronic payment or e-cash
• 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
• CPC Class Codes: H04L 9/3226 using a predetermined code, e.g. password, passphrase or PIN network architectures or network communication protocols for supporting authentication of entities using passwords in a packet data network H04L63/083
• CPC Class Codes: H04L 9/3231 Biological data, e.g. fingerprint, voice or retina network architectures or network communication protocols for supporting authentication of entities using biometrical features in a packet data network H04L63/0861

Abstract

The invention as described provides a method and system for tokenless authorization of commercial transactions between a buyer and a seller using a computer system. The method comprises the steps of registering a buyer, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account. The method also includes a seller registration step, wherein the seller registers with the computer system at least one seller financial account. In a proposal step, the seller offers a proposed commercial transaction to the buyer usually comprising price information. If the buyer accepts the seller'"'"'s proposal, in an acceptance step, the buyer signals his/her acceptance by adding to the proposed commercial transaction the buyer'"'"'s personal authentication information comprising a PIN and at least one bid biometric sample which is obtained from the buyer'"'"'s person. In a transmission step, the bid biometric sample and PIN are forwarded to the computer system. The computer system compares the bid biometric sample with registration biometric samples for producing either a successful or failed identification of the buyer in a buyer identification step. Upon determination of sufficient resources, a financial account of the buyer is debited and a financial account of the seller is credited, in a payment step. Therefore, a commercial transaction is conducted without the buyer having to use any portable man-made memory devices such as smartcards or swipe cards.

Claims

1. An identification system comprising:

a database to store a set of registration biometric samples, the registration biometric samples provided by at least two registered individuals;

a network component to receive a biometric data from an individual over a communication link and output data associated with the individual over the communication link; and

a comparator component to compare the biometric data from the individual with at least one registration biometric sample in a subset of the registration biometric samples stored in the database to locate the data associated with the individual, the subset of the registration biometric samples including registration biometric samples from at least two individuals.

2. The identification system of claim 1, wherein the network component is operable to receive a personal identification code from the individual over the communication link.

3. The identification system of claim 2, wherein the comparator component is operable to compare the biometric data from the individual with a subset of the registration biometric samples associated with the personal identification code from the individual to determine the identity of the individual.

4. The identification system of claim 1, wherein the network component is operable to receive a registration biometric sample for the individual and store the registration biometric sample in the database.

5. The identification system of claim 4, wherein the network component is operable to receive with the registration biometric sample for the individual a registration personal identification code for the individual and to associate the registration biometric sample with the registration personal identification code in the database.

6. The identification system of claim 5, wherein the network component is operable to receive the personal identification code from the individual over the communication link, and locate the set of registration biometric samples associated with the personal identification code.

7. The identification system of claim 1, wherein the network component is operative to output an identity of the individual over the communication link.

8. The identification system of claim 1, wherein the identification system is designed to operate without the individual presenting any smartcards or magnetic swipe cards.

9. An identification system comprising:

a local computer system including an output port to transmit biometric data from an individual onto a communication link and an input port to receive data associated with the individual from the communication link; and

an output device within the local computer system to use the data associated with the individual to perform a transaction.

10. The identification system of claim 9, further comprising a biometric input device to receive the biometric data from the individual, the local computer system operative to control the biometric input device.

11. The identification system of claim 9, including an alphanumeric input device coupled to the local computer system for the individual to input alphanumeric data, the local computer operative to transmit the alphanumeric data via the output port.

12. The identification system of claim 9, wherein the output device is operable to indicate the data associated with the individual.

13. The identification system of claim 9, wherein the input port is operative to receive an identity of the individual over the communication link.

14. The identification system of claim 9, wherein the identification system is operative without the individual presenting any smartcards or magnetic swipe cards.

15. An identification system comprising:

a database to store a set of registration biometric samples, the registration biometric samples provided by at least two registered individuals;

a network component to receive a biometric data from an individual over a communication link and output data associated with the individual over the communication link; and

a comparator component to compare the biometric data from the individual with a subset of the registration biometric samples stored in the database to locate the data associated with the individual, the subset of the registration biometric samples including registration biometric samples from at least two individuals.

16. The identification system of claim 15, wherein the network component is operable to receive a personal identification code from the individual over the communication link.

17. The identification system of claim 16, wherein the comparator component is operable to compare the biometric data from the individual with a subset of the registration biometric samples associated with the personal identification code from the individual to determine the identity of the individual.

18. The identification system of claim 15, wherein the network component is operable to receive a registration biometric sample for the individual and store the registration biometric sample in the database.

19. The identification system of claim 18, wherein the network component is operable to receive with the registration biometric sample for the individual a registration personal identification code for the individual and to associate the registration biometric sample with the registration personal identification code in the database.

20. The identification system of claim 15, wherein the identification system is designed to operate without the individual presenting any smartcards or magnetic swipe cards.