Touch Screen Asset Transaction Interface for Mobile Banking
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Solution Overview
Problem
Current mobile banking systems lack an efficient method for executing asset transactions using touch inputs on a device, which limits the ease and convenience of cashless financial operations.
Innovation Solution
An end device with a touch screen displays icons representing asset transaction entities, allowing users to initiate transactions by touching icons, which are translated into requests and transmitted to a service provider for execution.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional mobile banking interfaces are used, then transactions can be executed, but the ease of operation is reduced due to complex multi-step processes
Solution Approach 1:
The system pre-configures asset transaction entities as touchable icons on the mobile device interface. Users have previously set up their accounts, beneficiaries, and transaction parameters, which are then displayed as ready-to-use icons. When a user wants to execute a transaction, they simply touch the appropriate icon, and the pre-configured transaction parameters are automatically retrieved and processed, eliminating the need for users to re-enter information or navigate through multiple setup screens.
2Ease of operation
If simplified touch interface is implemented, then ease of operation improves, but device complexity increases due to touch screen integration
Solution Approach 1:
The mobile device's existing touch screen is utilized for dual purposes: as a display interface for showing asset transaction entity icons and as an input device for receiving user touches to initiate transactions. This multi-functional use of the touch screen eliminates the need for separate physical buttons or specialized input devices, thereby improving ease of operation without significantly increasing device complexity. The system leverages the already-present touch capabilities of modern mobile devices.
3Measurement precision
If manual transaction input is required, then transaction accuracy can be verified, but ease of operation deteriorates due to complex data entry
Solution Approach 1:
When a user touches an icon representing an asset transaction entity, the system retrieves and displays the pre-configured transaction parameters associated with that icon (such as beneficiary information, amount, account details) before final execution. This feedback mechanism allows users to verify the accuracy of transaction details immediately before confirmation. The user can review the information and correct any discrepancies, ensuring transaction accuracy while maintaining ease of operation through a simple touch interface.
Data Source
AI summary
In one example embodiment, an end device includes a touch screen configured to: display a plurality of icons that are respectively associated with a plurality of asset transaction entities, and receive a touch input with respect to at least two icons among the plurality of icons; a processor configured to translate the touch input into an asset transaction request that initiates execution of an asset transaction between at least two asset transaction entities among the plurality of asset transaction entities; and a transmitter configured to transmit the asset transaction request to a service provider.