Cryptography – Particular algorithmic function encoding – Nbs/des algorithm
Patent
1995-11-13
1998-08-18
Cangialosi, Salvatore
Cryptography
Particular algorithmic function encoding
Nbs/des algorithm
380 25, H04L 900
Patent
active
057968322
ABSTRACT:
A financial information and transaction system utilizes wireless communication in connection with portable terminals. In this system, a terminal is connected to the financial institution via a wireless or cellular telephone hook-up. Smart cards are utilized to verify authorization for transactions, thereby minimizing potential security problems which could otherwise result from use of a mobile terminal. Alternately, a smart card is advantageously utilized not only for authorization, but also to maintain a secure record of available funds. The system not only provides the functionality of an ATM network, but also provides non-financial services, thereby forming an integrated system.
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PCT International Search Report--PCT/US96/17902.
"Managerial Leadership: A Key to Electronic Payment Success," vol. LXXI, No. 4, pp. 22-28, Apr. 1986, Economic Review, Federal Reserve Bank of Atlanta.
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Cangialosi Salvatore
Marcou George T.
Transaction Technology Inc.
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