877 results about "Electronic transaction" patented technology

Methods and systems are provided for supporting electronic transactions, including transactions that are provided with per-user, per-device and per-domain security across domains of multiple service providers.

A method of performing a send money transfer transaction through a financial services institution includes storing transaction details on a data base, wherein the transaction details include a desired amount of money to be sent; establishing a code that corresponds to the transaction details stored on the data base; entering the code into an electronic transaction fulfillment device in communication with the data base to retrieve the transaction details from the data base; and determining a collect amount based on the transaction details. A system for performing a send money transfer transaction is also disclosed.

A secure method of conducting an electronic transaction over a public communications network is provided which utilizes a pseudo-expiration date in the expiration date field of an authorization request. One of the preferred methods comprises:

• • generating a per-card key associated with an account number;
  • generating a message authentication code using the per-card key;
  • converting the message authentication code into a pseudo expiration date;
  • generating an authorization request for the transaction, the request having an expiration date field containing the pseudo expiration date; and
  • verifying the message authentication code based on the pseudo expiration date.
  • Another embodiment of the invention includes a method of conducting an electronic transaction over a public communications network, with a payment account number having an associated pseudo account number, comprising:
  • (a) providing the pseudo account number with a control field indicating one of a plurality of key-generation processes to be used to generate an authentication key;
  • (b) generating an authentication key associated with the pseudo account number using one of the plurality of key-generation processes indicated in the control field of the pseudo account number;
  • (c) using the authentication key to generate a message authentication code specific to the transaction;
  • (d) generating an authorization request message including the message authentication code and the pseudo account number; and
  • (e) verifying the message authentication code using the indicated key-generation process and the authentication key.

An authentication or authorization system to facilitate electronic transactions uses simultaneous or substantially simultaneous communications on two different networks to verify a user's identity. When a user logs onto a site, via the internet, a telephone number, either pre-stored or obtained in real time from the visitor, where the visitor can be called essentially immediately is used to set up, via the switched telephone network another communication link. Where the user has multiple communication links available, the telephone call is automatically placed via the authentication or authorization software simultaneously while the user is on-line. In the event that the user has only a single communication link, that individual will have to log off temporarily for purposes of receiving the telephone call. Confirmatory information is provided via the internet to the user. The automatically placed telephone call requests that the user feed back this confirmatory information for verification purposes. The telephone number which is being called is adjacent to the user's internet terminal. The user's response, via the telephone network, can be compared to the originally transmitted confirmatory information to determine whether the authentication or authorization process should go forward.

Disclosed is an electronic transaction recording system for accumulating data from printer devices comprising a mobile access unit containing content which is to be printed, a printer device which receives the content from the mobile access unit and prints the content in response to a authorization process, a billing manager coupled to the printer device and the mobile access unit for determining the amount of printer usage and associating a predetermined amount of token values with the costs of printing and generates an accounting of usage based on a predetermined measure of usage and a billing system for maintaining accounting records of user and associating user account information with the predetermined measure of usage and stores account information in an account records database.

A electronic monetary system comprising a mobile communication unit as an electronic wallet for transactions including electronic payments, money transfer, and recharging the electronic account. The security of the electronic transactions is confirmed by circulating a confirmation number through a loop formed by an E-wallet managing server through the wireless network to the mobile communication unit of the user.

A payment system that does not rely on credit or debit cards, does not require the merchant and purchaser to have compatible memberships to complete a transaction, and does not limit single transactions to a single account provides a wide range of flexibility permitting debit, credit, pre-paid and payroll cards to be accommodated in a seamless and invisible manner to the electronic transaction network. The transaction may be verified and approved at the point-of-sale whether or not the merchant is a member of a specific financial transaction system. Specifically, the point-of-sale transaction system permits an identified customer to use any of a variety of payment options to complete the transaction without requiring the merchant to pre-approve the type of payment selected by the customer. In one configuration, and in order to take advantage of the widespread use of the ATM/POS network, the invention uses a typical credit/debit card format to provide the identifying information in a stored value card. When a transaction is to be completed, the user enters the identifying information carried on the card at the point-of-sale. This can be a merchant or other service provider at a retail establishment, or on-line while the user is logged onto a web site, or other location. The information can be swiped by a card reader, or manually entered via a keyboard or other input device. The system supports a wide range of flexibility, permitting issuing systems such as parents and state welfare agencies to restrict the types of authorized uses, and permitting users to access accounts in a prioritized manner. Further, the accepting merchant is not required to be a member because settlement with the merchant may be made via the Federal Reserve Automatic Clearing House (ACH) system by typical and standard electronic transfer. This permits the merchant to take advantage of the lower ACH transaction fees with even greater convenience and flexibility than the current ATM/POS system. The system supports numerous types of identification methods from typical credit card structures with magnetic data strips to various biometric systems such as finger prints, facial recognition and the like. Specifically, once the user is identified, the transaction is managed by his membership data on record with the transaction processing system.

A universal electronic transaction card (“UET card”) is capable of serving as a number of different credit cards, bank cards, identification cards, employee cards, medical cards and the like. The UET card includes storage elements, an input interface, a processor, a display, and a communications interface. In a preferred embodiment, the UET card stores transactional information to eliminate paper receipts and includes security features to prevent unauthorized use. The UET card may also be used to replace conventional currency and traveler's checks, and may be configured to store and display promotional information, such as advertising and incentives. A communications interface unit (“CIU”) may be provided to interface between the UET card and a personal computer, automatic banking terminal (commonly referred to as ATM machines) and/or an institutional mainframe computer. CIU devices may include electrical contact for recharging a UET card. A system of utilizing the UET card is also provided which includes UET cards and CIU devices which enable the transmission of information between point of sales (or point of transactions) computers and the UET cards. The system further includes point of sales computers configured to communicate with the UET card and with service institution computers. The invention also includes a health care management system utilizing UET cards. In the health care management system, all medical information for a patient may be stored in the UET card so that when a patient receives services from a health care provider, that health care provider connects the patient's UET card to the health care provider's computer system and can then obtain all pertinent medical information concerning the patient, including the patient's medical history, insurance information and the like. In addition, the treatment or services provided by the health care provider are stored in the patient's UET card. The invention also includes methods of issuing an account authorization to a UET card, a method of transferring transactional and account information between a UET card and a personal computer or a mainframe computer, a method of using the UET card as a remote terminal for a mainframe computer, and a method of conducting an electronic transaction.

A method for performing an electronic transaction over two distinct networks with a mobile wallet comprises the steps of receiving form of payment information from a mobile wallet over a first wireless network of a retail environment with a mobile device on which the mobile wallet is deployed; sending second wireless network description information of the retail environment over the first wireless network to facilitate access to the second wireless network by the mobile device, wherein the first wireless network operates within access range of the second wireless network; sending service information from a service provider associated with the retail environment over the second wireless network to request execution of a service provider-specific widget on the mobile device; and completing the electronic transaction, that was initiated by receiving the default form of payment information, by exchanging payment confirmation information over the second network via the service provider-specific widget.

A method of determining a risk score indicating a risk that an electronic transaction will involve fraud and/or abuse. The method includes receiving transaction data associated with a not yet completed transaction from a merchant. The transaction data includes one or more characteristics related to the transaction. A profile is selected that identifies network devices each associated with the characteristics and having a device reputation. Next, a profile-based risk factor is determined as a function of a percentage of the network devices having a negative reputation. The risk score is determined as a function of the profile-based risk factor. In some embodiments, a transaction-based risk factor may also be determined. In such embodiments, the risk score is determined as a function of the profile-based and transaction-based risk factors. The risk score is provided to the merchant to be used thereby to determine whether to proceed with the transaction.

Communication and a communications apparatus are controlled with a communication intermediating apparatus. Multiple methods of processing communication requests are provided. Decided rules comprising of pairs of identification information of communication requests and methods of processing are recorded beforehand. When a communication request is received, the identification of the communication request is distinguished, an applying rule is picked from the recorded rules, and the communication request is processed. A virtual account to be set maximum payment amount beforehand is used, and electronic transactions communication is done.

A first identity credential (for example, a username and password), in conjunction with a second identity credential (for example, a token identifier and a token-generated password) verified by an authentication provider, permits access to a protected resource (for example, a bank account) maintained by a service provider (for example, a bank) where the service provider is a separate entity from the authentication provider. Such separation of the service provider from the authentication provider allows multiple service providers to use the same authentication provider such that subscribers of services from multiple service providers may register a single authentication provider, and thus use a single method to produce the second identity credential. An authentication provider provides a common validation service to a plurality of unrelated service providers. An electronic user interface and a key-chain token for carrying out the authentication process are also disclosed.

An apparatus and process of authorizing an electronic transaction system includes a computer located at the site of a transaction, a conversion module for enabling connection between the computer located at the site of the transaction and the conversion module to authorize the transaction, and a connection between the conversion module and the computer at the site of the transaction. The system uses fingerprint input data panel for obtaining fingerprint input data from a finger impressed on the fingerprint input data panel and converts the fingerprint input data to characteristic fingerprint points including minutiae. These characteristic fingerprint points including minutiae are used in conjunction with at least one code at the conversion module to encode messages sent across the system.

A knowledge base and methods for use in connection with a policy compliance monitoring system operative to determine exceptions to policies expressed by computer-executable policy statements. The system allows establishment, codification, and maintenance of enterprise policies, monitors electronic transactions of the enterprise from various and possibly heterogeneous data sources, detects exceptions to established policies, reports exceptions to authorized users such as managers and auditors, and/or provides a case management system for tracking exceptions and their underlying transactions. The knowledge base comprises extractor files that are utilized for extracting information from data sources for utilization in policy compliance monitoring, a mapper for normalizing data from the data sources against a system ontology and storing normalized data in a monitoring database, and computer-executable compliance policy statements used by a transaction analysis engine. The policy statements represent predetermined policies of the enterprise that apply to data stored in the monitoring database.

A method involving a communication device, which comprises sending a request to a communication device; receiving a response from the communication device over a local communication path; deriving a received data set from said response; determining at least one data set that had been previously transmitted to the communication device over a wireless portion of a second communication path different from the local communication path; and validating the response based on the received data set and the at least one previously transmitted data set.

Systems and methods are described for enabling electronic transactions using self-contained transaction components displayed in a portion of a web page. A method comprises: displaying, in a portion of a web page, a self-contained transaction component; receiving, via the self-contained transaction component, input from a user; transmitting, from the self-contained transaction component to a server, information corresponding to the user and the input; and transmitting, from the self-contained transaction component to the server, an indication to complete a transaction corresponding to the user and the previous input. In one embodiment, the self-contained transaction component comprises an e-cart. Corresponding systems are also described.

The invention provides methods and systems that facilitate and expedite electronic transactions between a computer readable medium user (“Payor”), and a merchant or payee (“Payee”), including payment through the Internet. The invention allows the Payor to make a payment to a Payee of an exact desired amount using a drag and drop graphical user interface control, dragging from a graphical element displayed on the Payor terminal and dropping into a Payee's visual display on a website. The invention reduces the complexity and the time of the payment transaction, improving the user overall experience. The invention can be implemented for online commerce, for mobile payments, for small amount online payments, for online donations, or for payments using prepaid accounts. The invention can be implemented by an accounts issuer institution or by a funds and transactions managing entity.

Systems and methods for authenticating electronic transactions are provided. The authentication methods employ a combination of security features. These security features can be based, for example, on unique knowledge of the person being authenticated, unique personal features and attributes of the person, the ability of the person to respond, and to do so in a fashion that a machine cannot, and so forth. Methods for enrolling the person prior to authentication are also provided, as well as systems for enrollment and authentication.

A method performs biometric verifications to authenticate the identification of users using a central biometric authority (CBA). This allows parties to an electronic transaction to be assured of each other's identity. Specifically, at the sender side, a first message to a receiver is generated, wherein the first message includes a message text and a unique message identifier (UMI). At the sender side, a second message concerning a posting to the CBA is also generated, wherein the second message includes the sender's biometric sample, the UMI, and the sender's submission profile record. At a receiver side, it is decided that if a receiver wishes to verify the sender's identity and if so, the first message is automatically verified. At the receiver side, a third message concerning a receiver's posting to the CBA is issued, the third message including only the UMI, as received from the sender side. Finally, at the CBA, a reply to the third message is provided, the reply including the sender's verification result.