Biometric financial transaction system and method

Details Biometric financial transaction system and method Biometric financial transaction system and method

2011-05-16

2011-12-06

Cheung, Mary (Department: 3667)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S003000, C705S044000, C705S067000, C705S075000, C705S076000, C713S186000, C715S811000, C235S492000, C702S104000, C340S426190, C380S258000, C382S100000, C382S115000, C382S126000, C379S145000, C435S005000

Reexamination Certificate

active

08073756

ABSTRACT:
Tokenless biometric authorization of transaction between a consumer and a merchant uses an identicator and an access device. A consumer registers with the identicator a biometric sample taken from the consumer. The consumer and merchant establish communications via the access device. The merchant proposes a transaction to the consumer via the access device. The access device communicates to the merchant associated with the access device. After the consumer and merchant have agreed on the transaction, the consumer and the identicator use the access device to establish communications. The access device communicates to the identicator the code associated with the access device. The identicator compares biometric sample from the consumer with registered biometric sample. Upon successful identification, the identicator forwards information regarding the consumer to the merchant. These steps accomplish a biometrically authorized electronic financial transaction without the consumer having to present any personalized man-made memory tokens.

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