Biometric Authentication System for Touchless Payment Routing
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Solution Overview
Problem
Current payment systems face issues such as increasing fraud, the need for physical cards or devices for authentication, limitations in funding account types, and inefficiencies in customer identification and security, leading to increased costs and customer inconvenience.
Innovation Solution
A method and system for a direct payment routing system that enables touch-less and token-less transactions using biometric identification, allowing for proprietary transaction protocols and account selection, while also providing authentication systems for secure access and tracking within various environments.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If physical cards or devices are used for authentication, then transaction authorization can be obtained, but fraud risk increases and customers must carry multiple cards
Solution Approach 1:
The patent replaces physical card-based authentication systems with biometric identification systems. Instead of using mechanical/card-based verification methods, the system uses biological characteristics (fingerprints, facial recognition, iris scanning) to authenticate users. This substitution eliminates the need for physical cards while providing more secure authentication that cannot be easily replicated or stolen, thereby reducing fraud risk while maintaining reliability.
2Adaptability or versatility
If multiple funding accounts are supported, then transaction flexibility increases, but customers must maintain multiple cards or devices
Solution Approach 1:
The patent implements a universal authentication system where a single biometric identifier can access multiple funding accounts and transaction types. The system is designed to handle various account types (checking, savings, credit, investment) and transaction modes (debit, credit, transfer) through one unified biometric authentication interface, eliminating the need for customers to carry multiple specialized cards for different functions.
Solution Approach 2:
The patent merges multiple card functions and account access points into a single biometric authentication system. Instead of requiring separate cards for checking accounts, savings accounts, credit lines, and investment accounts, the system combines all these access points into one unified authentication mechanism that can selectively access different accounts based on user preference or system rules.
3Productivity
If traditional card-based systems are used, then transaction processing can occur, but transaction time increases due to multiple authentication steps
Solution Approach 1:
The patent implements preliminary biometric data capture and storage, where authentication templates are created and stored in advance. During transactions, the system performs rapid template matching against stored biometric data rather than requiring complex real-time verification. This preliminary preparation of authentication data significantly reduces the time required for actual transaction authentication while maintaining security.
4Reliability
If identification systems are implemented for security, then unauthorized access can be prevented, but system complexity increases
Solution Approach 1:
The patent implements self-service biometric authentication where the system automatically captures, processes, and verifies biometric data without requiring manual intervention or complex operator procedures. The biometric sensors and processing systems work autonomously to authenticate users, reducing the need for complex human-operated security procedures while maintaining high security standards for preventing unauthorized access.
Data Source
AI summary
Systems and methods for biometrically identifying an individual for purchasing a product and/or service without a need for the individual to input authentication data into a system/device are described. Data representative of a scanned iris of a customer desiring to make a purchase may be made. The customer may be identified based upon the scanned iris. A determination may be made as to whether the identified customer has a plurality of accounts at a financial entity. Information of a selected account to make the purchase may be received. Sufficient funds in the selected account to make the purchase may be determined. If insufficient, a different account may be identified to make the purchase. Sufficient funds in the different accounts may be determined and funds in the different accounts may be decreased by the associated payment amount.