Method and system for managing account information

Details Method and system for managing account information Method and system for managing account information

Filed on

2011-07-19

Date issued

2011-07-19

Examiner

Kramer, James A (Department: 3693)

Patent Class

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

SubClass

Automated electrical financial or business practice or...

SubSubClass

Finance

Type

Reexamination Certificate

Status

active

Patent number

07983979

Description

ABSTRACT:
A method and system for authenticating the identity of a consumer is disclosed. After the consumer is authenticated by a trusted third party, the consumer designates accounts that the consumer wishes to “lock.” When a party requests access to that account, the consumer is notified through the consumer's phone and asked to input a PIN. If the consumer provides the PIN, the requestor is granted access to the consumer's account without requiring further input from the consumer. If the party authorizing the transaction in this “two-factor” authentication does not possess both the phone and the consumer's PIN, or that party elects not to provide the PIN, the request will not be authenticated.

REFERENCES:
patent: 6130621 (2000-10-01), Weiss
patent: 6422460 (2002-07-01), Boesch
patent: 6434259 (2002-08-01), Hamid et al.
patent: 6460141 (2002-10-01), Olden
patent: 6934858 (2005-08-01), Woodhill
patent: 6940980 (2005-09-01), Sandhu et al.
patent: 6970562 (2005-11-01), Sandhu et al.
patent: 6973191 (2005-12-01), Audebert et al.
patent: 6988210 (2006-01-01), Audebert
patent: 2002/0161719 (2002-10-01), Manning et al.
patent: 2005/0060263 (2005-03-01), Golan et al.

Affiliated with

Also associated with

Rating

Method and system for managing account information does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method and system for managing account information, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for managing account information will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-2692066