Mobile Card Image Authentication for Financial Services
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Solution Overview
Problem
Traditional authentication methods for accessing electronic banking accounts, such as passwords and one-time passwords, are vulnerable to fraud and do not provide a consistent authentication experience across different access modes, including online and mobile banking.
Innovation Solution
A method that prompts users to capture images of capturable authentication cards, such as ATM or credit cards, using a mobile device's image capture function, followed by inputting a passcode associated with the card, to authenticate access to financial institution services, mirroring the ATM authentication process.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional password-based authentication is used, then ease of operation is improved, but security and reliability deteriorate due to vulnerability to fraud
Solution Approach 1:
The patent creates a virtual replica of the physical ATM card by capturing its image and extracting relevant features (card number, expiration date, cardholder name) to create a digital representation. This virtual card copy is stored and used for authentication purposes, allowing the system to verify card authenticity without requiring the physical card itself, thereby improving security while maintaining ease of use.
Solution Approach 2:
The patent replaces the mechanical physical card insertion process with a digital image capture and processing system. Instead of requiring physical insertion into an ATM machine, the system uses an image capture device to photograph the card, extracts features through image processing, and verifies authentication information digitally, substituting mechanical verification with electronic processing.
2Adaptability or versatility
If physical ATM authentication process is replicated on mobile devices, then authentication consistency across access modes is improved, but device complexity increases
Solution Approach 1:
The patent implements a universal authentication system that works across multiple access modes (physical ATM, mobile device, online banking) using the same core mechanism of capturing card images and extracting authentication information. This multi-functional approach allows the system to provide consistent authentication experience regardless of how the user accesses their account, whether through a physical ATM or a mobile device.
Solution Approach 2:
The patent introduces an intermediary authentication verification system that sits between the user and the banking system. This intermediary component captures the card image, extracts authentication information, and verifies it against stored data, serving as a mediator that simplifies the overall system architecture while maintaining authentication consistency across different access methods.
3Reliability
If image capture and verification process is implemented, then authentication security is improved, but processing time and complexity increase
Solution Approach 1:
The patent performs preliminary actions by pre-processing and storing authentication information (card number, expiration date, cardholder name) extracted from card images in a database before actual authentication is needed. When authentication is required, the system only needs to retrieve and verify the pre-stored information rather than performing complete image analysis from scratch, significantly reducing authentication time while maintaining high security standards.
Data Source
AI summary
Embodiments of the invention are directed to systems, methods and computer program products for authenticating access to a financial institution service. In some embodiments, a method includes: (a) receiving a user input configured to request access to a financial institution service, and (b) initiating presentation of, using a processor, a first authentication request in an electronic banking environment, wherein the first authentication request prompts a user to initiate capture of an image of a capturable authentication card associated with the account holder. In some embodiments, the method further includes receiving the image of the capturable authentication card, and determining the capturable authentication card is a valid capturable authentication card based at least partially on information extracted from the image of the capturable authentication card. The invention allows a user to enjoy a similar authentication experience prior to accessing a financial institution service at a physical ATM when compared to accessing an electronic financial institution service via an image capture device such as a mobile computing device.