Gesture-Based Financial Transaction Initiation via Motion Detection

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Solution Overview

Problem

Current financial transaction systems require users to manually access devices, navigate applications, input payment information, and authenticate transactions, making the process cumbersome and inconvenient.

Innovation Solution

Systems and methods that utilize motion-detection devices to translate spatial gestures into financial transaction commands, allowing for the initiation and facilitation of transactions by detecting and interpreting gestures such as handshakes or high-fives, thereby eliminating the need for manual input and simplifying the transaction process.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If manual transaction initiation methods are used (accessing device, navigating application, inputting information), then transaction security and accuracy are maintained, but user convenience and transaction speed deteriorate

Engineering Contradiction:

Improveuser convenienceVSAvoidtransaction time

Core Design Contradiction:

Ease of operationVSLoss of time

Solution Approach 1:

The system performs preliminary actions by pre-configuring transaction parameters and authentication mechanisms before the actual transaction occurs. Motion detection is continuously monitored and transaction templates are pre-prepared, so when a gesture is detected, the transaction can be executed immediately without manual input steps.

Inventive Principle:

Principle #10Preliminary action

Solution Approach 2:

The patent replaces manual mechanical operations (typing, clicking, navigating) with motion-based gesture recognition. The motion detection device captures spatial movements and translates them directly into transaction commands, substituting the mechanical interaction of manual device operation with a more natural motion-based interface.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

2Ease of operation

If manual input methods are used for transaction configuration, then transaction accuracy is ensured, but operational complexity increases

Engineering Contradiction:

Improvetransaction initiation simplicityVSAvoidsystem complexity

Core Design Contradiction:

Ease of operationVSDevice complexity

Solution Approach 1:

The system performs self-service by automatically configuring transaction parameters based on the detected gesture and pre-stored account information. The motion detection device and processing system work autonomously to translate gestures into complete transaction commands without requiring user navigation or manual configuration, making the system serve itself rather than requiring complex user operations.

Inventive Principle:

Principle #25Self-service

Solution Approach 2:

The motion detection device serves multiple functions: it detects gestures, authenticates users, initiates transactions, and can potentially cancel transactions. This multi-functionality consolidates what would otherwise require separate systems for each function, reducing overall system complexity while maintaining ease of operation.

Inventive Principle:

Principle #6Universality (Multi-functionality)

3Reliability

If traditional authentication methods are used, then transaction security is maintained, but transaction speed and convenience deteriorate

Engineering Contradiction:

Improvetransaction securityVSAvoidtransaction throughput

Core Design Contradiction:

ReliabilityVSProductivity

Solution Approach 1:

Authentication is performed preliminarily through continuous motion detection monitoring and pre-configured gesture templates. The system is already in an authenticated state through the gesture recognition setup, eliminating the need for separate authentication steps during each transaction and enabling faster transaction processing while maintaining security.

Inventive Principle:

Principle #10Preliminary action

Solution Approach 2:

Traditional mechanical authentication methods (typing passwords, entering PINs) are replaced with motion-based gesture authentication. The motion detection device captures spatial movements that serve as authentication credentials, translating physical gestures directly into authentication verification, thereby maintaining security while dramatically improving transaction speed.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

Data Source

PatentUS20240152890A1Systems and methods for translating a gesture to initiate a financial transaction

Publication Date: 2024.05.09 CAPITAL ONE SERVICES LLC

AI summary

Systems and methods for initiating and/or facilitating a financial transaction in response to detecting and translating a spatial gesture may be provided. A payor transaction device may be capable of detecting, via a motion-detecting device, a payor spatial gesture corresponding to a payment gesture of one or more predetermined spatial gestures and, responsive to detecting the payor spatial gesture, receiving payee account information from a payee transaction device. The payor transaction device may also be capable of transmitting, to a payor computing device, transaction data comprising the payee account information and data indicative of the payor spatial gesture. The payor computing device may be capable of transmitting at least a portion of the transaction data to a financial service provider terminal to enable the financial service provider terminal to facilitate the requested transaction.