Registers – Systems controlled by data bearing records – Banking systems
Patent
1983-07-15
1985-08-20
Trafton, David L.
Registers
Systems controlled by data bearing records
Banking systems
178 2208, 178 2210, G06F 1530
Patent
active
045366470
ABSTRACT:
A portable banking terminal under control of an authorized user and operating within a system of banks and retailers may be initialized for personal use under separate controls by the banks and the retailers to facilitate the completion of basic transactions such as deposits and withdrawals from remote locations. Multiple verification checks for authorization of the user secure the transactions against interception and alteration during transmission over unsecured communication channels.
REFERENCES:
patent: 4223403 (1980-09-01), Konheim et al.
patent: 4268715 (1981-05-01), Atalla
patent: 4283599 (1981-08-01), Atalla
patent: 4423287 (1983-12-01), Zeidler
Atalla Martin M.
Bestock Ralph R.
Atalla Corporation
Smith A. C.
Trafton David L.
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