Method and system for collecting bank account information from an individual and authenticating the individual prior to allowing the bank account to receive an electronic fund transfer
US7427017B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 2, 2006 |
| Grant date | Sep 23, 2008 |
| Priority date | — |
| Expiry date | Nov 15, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer-implemented method for collecting bank account information from an individual and authenticating the individual prior to allowing the bank account to receive an electronic fund transfer comprises providing a website; allowing the individual on the website to enter bank account information to which funds will be transferred; delivering application forms with a unique bar-coded identifier over the internet to the individual; electronically receiving and storing the application forms after being completed by the individual and linking the bar coded identifier with the individual's bank account information; visually comparing by at least first and second customer support representatives information provided on the forms with information provided on the website to verify the identity of the individual; and validating payment to the individual if the individual's identity is verified.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.