Automated banking machine with noncontact reading of card data

Details Automated banking machine with noncontact reading of card data Automated banking machine with noncontact reading of card data

2011-05-24

2011-05-24

Le, Thien M (Department: 2887)

Registers

Systems controlled by data bearing records

Banking systems

C235S492000

Reexamination Certificate

active

07946477

ABSTRACT:
An automated banking machine can receive user card data from a cell phone. The phone stores the card data of several selectable cards, including electronic account number data. The machine generates and displays a random number correlated with a time period. A machine user manually inputs the displayed random number into their phone. The phone's banking software application encrypts the selected card's data along with the inputted random number data. The phone displays a bar code image containing the encrypted data. The machine includes a bar code reader which can read the displayed image. The machine causes the read data to be decrypted. The random number is used to verify the current transaction session. Thereafter, normal transaction flow can follow, including PIN input. The process replaces physical insertion of a card yet allows secure input of the card's data. Fraudulent activities requiring card insertion are also reduced.

REFERENCES:
patent: 7004385 (2006-02-01), Douglass
patent: 7194441 (2007-03-01), Bartz et al.
patent: 2006/0106735 (2006-05-01), Bartz et al.
patent: 2007/0167216 (2007-07-01), Walker et al.

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