Electronic transaction verification system

Details Electronic transaction verification system Electronic transaction verification system

2007-06-12

2007-06-12

Azarian, Seyed (Department: 2624)

Image analysis

Applications

Personnel identification

C382S127000, C340S005520

Reexamination Certificate

active

10816037

ABSTRACT:
An electronic transaction verification system for use with transaction tokens that gathers and transmits information about the transaction token and biometric data. The electronic transaction verification system preferably digitizes various indicia of the token and transmits the transaction information data to a central system. The central system compares the transaction data with an existing database of information to determine if the customer at the point of the transaction is in fact authorized to use the account, and if the account is in satisfactory condition for approval of the transaction. The electronic verification system includes a biometric data device for recording and transmitting biometric data at the point of the transaction to a biometric database for comparison and identity verification in real time.

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