Patent · US Active

System and method for selectively initiating biometric authentication for enhanced security of financial transactions

US10275768B2 · kind B2 · utility

1Cited by

266References

14Claims

0Family size

Assignee

TACTILIS PTE. LIMITED · SG

Inventors

Michael Gardiner · Kuala Lumpur, MY
Adriano Canzi · Los Angeles, US

Key dates

Filing date	Mar 20, 2015
Grant date	Apr 30, 2019
Priority date	—
Expiry date	Jul 21, 2035

Classification

Technology area (CPC H)Electricity
CPC primaryH04L63/0861
WIPO fieldIT methods for management
WIPO sectorElectrical engineering

Abstract

A method and system of selectively initiation biometric security based on thresholds is described. The method includes determining a transaction amount of a current transaction involving an electronic portable transaction device, retrieving a threshold amount from a data storage device, comparing the transaction amount and threshold amount, and, if the transaction amount matches or exceeds the threshold amount, initiating a biometric authentication process.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.