Global positioning system to manage risk for POS terminal

Details Global positioning system to manage risk for POS terminal Global positioning system to manage risk for POS terminal

2003-12-23

2010-12-14

Colbert, Ella (Department: 3694)

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

Automated electrical financial or business practice or...

Finance

C235S379000, C235S380000

Reexamination Certificate

active

07853521

ABSTRACT:
The present teachings describe a system for processing financial transactions. In one embodiment, the system includes a remote terminal adapted to identify the location of financial transactions via global positioning system (GPS) information such that the remote terminal acquires transaction information from a user and transmits a first signal indicative of transaction information and GPS information. In addition, the system includes an authorizing host adapted to receive the first signal transmitted by the remote terminal such that the authorizing host evaluates the risk associated with financial transactions based, at least in part, on the GPS information so as to determine whether to accept or decline the financial transaction. The present teachings further describe devices and methods of acquiring GPS information for the purpose of managing risk for financial transactions.

REFERENCES:
patent: 5679938 (1997-10-01), Templeton et al.
patent: 5679940 (1997-10-01), Templeton et al.
patent: 5930777 (1999-07-01), Barber
patent: 6233448 (2001-05-01), Aperovich et al.
patent: 6259405 (2001-07-01), Stewart et al.
patent: 6442532 (2002-08-01), Kawan
patent: 6505772 (2003-01-01), Mollett et al.
patent: 6509828 (2003-01-01), Bolavage et al.
patent: 6510418 (2003-01-01), Case et al.
patent: 6547132 (2003-04-01), Templeton et al.
patent: 6581043 (2003-06-01), Wallin et al.
patent: 6612488 (2003-09-01), Suzuki
patent: 6615186 (2003-09-01), Kolls
patent: 6850252 (2005-02-01), Hoffberg
patent: 6948656 (2005-09-01), Williams
patent: 7103575 (2006-09-01), Linehan
patent: 7152788 (2006-12-01), Williams
patent: 7200566 (2007-04-01), Moore et al.
patent: 7376583 (2008-05-01), Rolf
patent: 2001/0049636 (2001-12-01), Hudda et al.
patent: 2002/0016763 (2002-02-01), March
patent: 2002/0025796 (2002-02-01), Taylor et al.
patent: 2002/0087478 (2002-07-01), Hudd et al.
patent: 2002/0095357 (2002-07-01), Hunter et al.
patent: 2002/0143638 (2002-10-01), August et al.
patent: 2002/0143655 (2002-10-01), Elston et al.
patent: 2003/0093368 (2003-05-01), Manfre et al.
patent: 2003/0120609 (2003-06-01), Balagion et al.
patent: 2003/0130919 (2003-07-01), Templeton et al.
patent: 2003/0135463 (2003-07-01), Brown et al.
patent: 2003/0216987 (2003-11-01), Mollett et al.
patent: 2003/0216988 (2003-11-01), Mollett et al.
patent: 2003/0217014 (2003-11-01), Mollett et al.
patent: 2003/0225686 (2003-12-01), Mollett et al.
patent: 2003/0236755 (2003-12-01), Dagelet, Jr.
patent: 2004/0122685 (2004-06-01), Bunce
patent: 2004/0236688 (2004-11-01), Bozeman
patent: 2005/0133588 (2005-06-01), Williams
patent: 2005/0144106 (2005-06-01), Eder
patent: 9204480 (1997-08-01), None
patent: WO 01/197134 (2001-12-01), None
patent: WO 03/042790 (2003-05-01), None
patent: WO 03/083751 (2003-10-01), None
patent: WO 03/083751 (2003-10-01), None
Clarke, Roger; “Person location and person tracking: Technologies, risks and policy implications”; V14,n2; Information Technology & People; 2001; pp. 1-25.
EFT Report; “IVI Checkmate expands POS grasp terminal maker scoops up DataCard Unit”; Apr. 21, 1999; vol. 22, Issue 8; pp. 1-3.
Disclosure Under 37 CFR § 1.56 as filed Jul. 21, 2008.
Supplemental Disclosure Statement Under 37 C.F.R. § 1.56 for U.S. Appl. No. 10/746,557.

Affiliated with

Also associated with

Rating

Global positioning system to manage risk for POS terminal does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Global positioning system to manage risk for POS terminal, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Global positioning system to manage risk for POS terminal will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4167423