METHOD AND SYSTEM FOR IDENTITY AND KNOW YOUR CUSTOMER VERIFICATION THROUGH CREDIT CARD TRANSACTIONS IN COMBINATION WITH INTERNET BASED SOCIAL DATA
First Claim
1. A method for verifying an identity of a card holder associated with a payment card and using a payment device comprising a card reader and a mobile device that are communicatively coupled to each other, the method comprising the steps:
- receiving card information from said mobile device with a payment server, the card information having been read by the card reader from the payment card and transmitted to the payment server by the mobile device as an initiation of card holder identity verification;
comparing, with the payment server, the received card information with stored card information in said payment server;
accessing, with the payment server, at least one web service located on one or more physical web servers connected to the Internet and where the card holder has created a password protected user profile account that comprises personal data of the card holder;
analyzing, with the payment server, account activity of the card holder'"'"'s user profile account in said at least one web service;
verifying, with the payment server, that the identity of the card holder is the same as the identity associated with the payment card based on said analysis of information from said at least one web service and from said comparison of card information with stored card information; and
terminating said verification by communicating the result of the verification from said payment server to said payment device.
2 Assignments
0 Petitions
Accused Products
Abstract
A method and system for verifying an identity of a card holder associated with a payment card using a payment device comprising a card reader and a mobile device. The method comprising the steps of initiating verification of identity of the card holder by inserting the payment card in the card reader of the payment device, reading card information from the payment card communicating the card information from the mobile device to a payment server, comparing received card information with stored card information in the payment server and accessing at least one web service. The account activity is analysed in the at least one web service and in that way verifying that the identity of the card holder is the same as the identity associated with the payment card, based on the analysis of information from the at least one web service and from the comparison of card information with stored card information. Terminating the verification process by communicating the result of the verification process from the payment server to the payment device.
271 Citations
13 Claims
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1. A method for verifying an identity of a card holder associated with a payment card and using a payment device comprising a card reader and a mobile device that are communicatively coupled to each other, the method comprising the steps:
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receiving card information from said mobile device with a payment server, the card information having been read by the card reader from the payment card and transmitted to the payment server by the mobile device as an initiation of card holder identity verification; comparing, with the payment server, the received card information with stored card information in said payment server; accessing, with the payment server, at least one web service located on one or more physical web servers connected to the Internet and where the card holder has created a password protected user profile account that comprises personal data of the card holder; analyzing, with the payment server, account activity of the card holder'"'"'s user profile account in said at least one web service; verifying, with the payment server, that the identity of the card holder is the same as the identity associated with the payment card based on said analysis of information from said at least one web service and from said comparison of card information with stored card information; and terminating said verification by communicating the result of the verification from said payment server to said payment device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 13)
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11. (canceled)
Specification