Method for authenticating financial transaction requests using a website or web portal

US8744967B2 · kind B2 · utility

Assignee

• ING Direct N.V. · NL

Inventor

• David Aaron Pinski · Narberth, US

Key dates

• Filing date: Dec 17, 2010
• Grant date: Jun 3, 2014
• Expiry date: Apr 28, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/40
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for authenticating a financial transaction request includes receiving first information where the first information includes first party identifying information, and a unique pseudorandom number of a pseudorandom sequence included with a check from a plurality of checks. A status of activating the plurality of checks is determined using a portion of the first information, a stored activation code, and stored information first party identifying information. The stored first party identifying information is stored with the pseudorandom sequence. The first party is authenticated with the received and stored first party identifying information. The unique pseudorandom number is authenticated with the received first party identifying information, a portion of the stored first party identifying information and the stored sequence. The first information is authenticated if the first party and the unique pseudorandom number included with the first information are authenticated and if the plurality of checks have been activated.