Banking system that operates during different transaction...

Details Banking system that operates during different transaction... Banking system that operates during different transaction...

2010-10-01

2011-11-22

Walsh, Daniel (Department: 2887)

Registers

Systems controlled by data bearing records

Banking systems

C235S380000, C235S381000, C705S043000, C705S014490, C705S014670

Reexamination Certificate

active

08061593

ABSTRACT:
An automated transaction machine includes a card reader that can read a unique magnetic characteristic of a magnetic stripe on a card. The machine can then send data reflective of the read characteristic to a remote card validator. The card validator can compare the received data to referenced magnetic characteristic data corresponding to cards authorized for use with the machine. The machine can also communicate with a transaction host computer to carry out a financial transaction. As a result of the magnetic data comparison, an invalid card can be discovered and a fraudulent transaction prevented. Communication between the card validator and machine is independent from communication between the transaction host and machine.

REFERENCES:
patent: 5305195 (1994-04-01), Murphy
patent: 5619558 (1997-04-01), Jheeta
patent: 5764789 (1998-06-01), Pare et al.
patent: 5897625 (1999-04-01), Gustin et al.
patent: 5915246 (1999-06-01), Patterson et al.
patent: 5987439 (1999-11-01), Gustin et al.
patent: 6012048 (2000-01-01), Gustin et al.
patent: 6334109 (2001-12-01), Kanevsky et al.
patent: 6523743 (2003-02-01), Patterson et al.
patent: 6694300 (2004-02-01), Walker et al.
patent: 6840441 (2005-01-01), Monaghan et al.
patent: 7039600 (2006-05-01), Meek et al.
patent: 7080036 (2006-07-01), Drummond et al.
patent: 7246082 (2007-07-01), Meek et al.
patent: 7295993 (2007-11-01), Meek et al.
patent: 7379893 (2008-05-01), Meek et al.
patent: 7379894 (2008-05-01), Meek et al.
patent: 7379895 (2008-05-01), Meek et al.
patent: 7379896 (2008-05-01), Meek et al.
patent: 7416112 (2008-08-01), Smith et al.
patent: 7421410 (2008-09-01), Schechtman et al.
patent: 7453347 (2008-11-01), Bogat
patent: 7516087 (2009-04-01), Meek et al.
patent: 7548874 (2009-06-01), Kanevsky et al.
patent: 7711598 (2010-05-01), Perkowski
patent: 7822771 (2010-10-01), Chaves et al.
patent: 7854378 (2010-12-01), Smith et al.
patent: 2002/0035541 (2002-03-01), Makino et al.
patent: 2002/0049635 (2002-04-01), Mai et al.
patent: 2002/0062284 (2002-05-01), Kawan
patent: 2002/0132663 (2002-09-01), Cumbers
patent: 2002/0147639 (2002-10-01), Williams et al.
patent: 2002/0161637 (2002-10-01), Sugaya
patent: 2003/0200180 (2003-10-01), Phelan et al.
patent: 2004/0199469 (2004-10-01), Barillova et al.
patent: 2004/0217163 (2004-11-01), Savage
patent: 2006/0016879 (2006-01-01), Kean
patent: 2006/0136332 (2006-06-01), Ziegler
patent: 2006/0180652 (2006-08-01), Meek et al.
patent: 2006/0180653 (2006-08-01), Meek et al.
patent: 2006/0180654 (2006-08-01), Meek et al.
patent: 2006/0180655 (2006-08-01), Meek et al.
patent: 2007/0143225 (2007-06-01), Hamilton et al.
patent: 2007/0181670 (2007-08-01), Donovan et al.
patent: 2010/0001059 (2010-01-01), Meek et al.
patent: 2010/0012719 (2010-01-01), Meek et al.
patent: 2010/0088149 (2010-04-01), Sullivan et al.
patent: 2010/0114783 (2010-05-01), Spolar
patent: 2010/0121696 (2010-05-01), Green et al.
patent: 2010/0318462 (2010-12-01), Meek et al.
patent: 2011/0035288 (2011-02-01), Clyne
patent: 2011/0087550 (2011-04-01), Fordyce et al.
patent: 09-231443 (1997-09-01), None
patent: WO 99/08214 (1999-02-01), None
Bitter, “Electronic Funds Transfer Systems in the Retail Industries: Past, Present, and Future”, PhD Dissertation, Cornell University, 1981.

Affiliated with

Also associated with

Rating

Banking system that operates during different transaction... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Banking system that operates during different transaction..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Banking system that operates during different transaction... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4286088