Tokenless biometric electronic financial transactions via a third party identicator

US6879966B1 · kind B1 · utility

Assignee

• Indivos Corporation · US

Inventors

• Philip Dean Lapsley · Oakland, US
• Jonathan Alexander Lee · Berkeley, US
• David Ferrin Pare, Jr. · Berkeley, US
• Ned Hoffman · Sebastopol, US

Key dates

• Filing date: Mar 22, 2001
• Grant date: Apr 12, 2005
• Expiry date: Apr 30, 2021

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2463/102
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The invention provides a method and device for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample. In a payor registration step, the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor financial account identifier. The payee registers a payee identification data with the electronic third party identicator. A payee bid identification data and a payor bid biometric sample collected from the payor's person are electronically forwarded to the third party electronic identicator. A comparator engine compares the bid biometric sample with at least one registered biometric sample for producing either a successful or failed identification of the payor. The comparator engine also compares the payee's bid identification data with a payee's registered identification data for producing either a successful or failed identification of the payee. Once the electronic third-party identicator successfully identifies the payor and payee, the identicator electronically forwards at least one payor financial account ide…