Biometric Financial Account Access With Local Permission Control
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Solution Overview
Problem
Existing systems for controlling financial account devices and other electronic devices struggle with efficiently verifying user authorization and permissions, leading to hardware and software burdens on payment accepting devices and financial account issuers, and lack the ability to provide granular control over device usage.
Innovation Solution
A mobile identity information controlled device that uses biometric data to authorize transactions and operations based on identity information, allowing for granular control and reducing the need for constant communication between payment accepting devices and financial account issuers.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional financial account devices use constant system verification and communication to control access and manage permissions, then security is maintained, but system burden increases and operational efficiency decreases
Solution Approach 1:
The patent applies preliminary action by embedding identity information control logic directly into the financial account device before transactions occur. The device pre-loads permission sets and identity verification capabilities, allowing it to autonomously determine authorization without real-time system communication. This resolves the contradiction by maintaining security through pre-configured verification while eliminating the need for constant system interaction, thereby improving operational efficiency.
2Extent of automation
If traditional financial account devices rely on continuous system communication for authorization, then centralized control is maintained, but resource utilization increases and efficiency decreases
Solution Approach 1:
The patent implements self-service by enabling the financial account device to autonomously verify user identity and determine transaction authorization using embedded control logic and pre-loaded permission sets. The device serves itself by making authorization decisions locally without requiring continuous communication with external systems. This resolves the contradiction by maintaining centralized control through initial configuration while reducing resource utilization during actual transactions, as the device operates independently once deployed.
3Reliability
If financial account devices use detailed identity information verification for each transaction, then security and permission control are improved, but system complexity and verification overhead increase
Solution Approach 1:
The patent applies segmentation by dividing the authorization system into two distinct parts: (1) a centralized system that initially configures the device with user identity information and permission sets, and (2) a self-contained financial account device that executes transactions using embedded control logic. This segmentation resolves the contradiction by moving detailed verification logic to the device side, reducing the complexity of continuous system-wide verification while maintaining robust permission control through pre-configured authorization rules.
Data Source
AI summary
A processing unit and a mobile identity information controlled financial account device may communicate. The processing unit receives at least one digital representation of a biometric, obtains identity information using the at least one digital representation of the biometric, and determines whether or not to transmit an authorization signal to the mobile identity information controlled financial account device that enables use of the mobile identity information controlled financial account device in at least one transaction involving at least one financial account. The mobile identity information controlled financial account device may be usable for the at least one transaction when the mobile identity information controlled financial account device receives the authorization signal. The processing unit may also receive a first digital representation of a biometric for a first person along with at least one permission to assign regarding the mobile identity information controlled financial account device for a second person.