System and method for providing secure transactional solutions

Patent metadata

Field	Value
Publication number	US-10762187-B2
Application number	US-201514659502-A
Country	US
Kind code	B2
Filing date	Mar 16, 2015
Priority date	Jul 9, 2002
Publication date	Sep 1, 2020
Grant date	Sep 1, 2020

Abstract

The present invention provides a method and system for verifying and tracking transactional information. In an embodiment of the invention, a system for delivering security solutions is provided that includes at least one of the following: a radio frequency (RF) identification device, an identification mechanism (e.g., a card, sticker), and an RF reader.

First claim

What is claimed is:

1. A mobile device, comprising:
short range radio frequency (RF) circuitry;
memory configured to store biometric authentication information and payment information;
a biometric module configured to read biometric information;
an authentication module configured to determine whether the biometric information read by the biometric module corresponds to the biometric authentication information stored in memory; and
a secure module configured to:
generate a key when the biometric information read by the biometric reading device is determined by the authentication module to correspond to the biometric authentication information stored in memory;
encrypt the key and the payment information stored in memory; and
provide, via the short range RF circuitry, the encrypted key and payment information for use in a transaction.

2. The mobile device of claim 1 , wherein the biometric module is configured to read biometric information provided by a user to complete the transaction.

3. The mobile device of claim 1 , wherein the payment information is associated with a primary account number.

4. The mobile device of claim 1 , wherein the secure module is configured to provide the encrypted key and payment information to a point of sale (POS) device.

5. The mobile device of claim 1 , wherein the biometric authentication information is stored separately from the payment information.

6. The mobile device of claim 1 , wherein the payment information is stored in a memory accessible only by the secure module.

7. The mobile device of claim 1 , wherein the short range RF circuitry comprises a radio frequency identification (RFID) device.

8. A system, comprising:
a mobile device, comprising:
short range radio frequency (RF) circuitry;
memory configured to store biometric authentication information and payment information;
a biometric module configured to read biometric information;
an authentication module configured to determine whether the biometric information read by the biometric module corresponds to the biometric authentication information stored in memory; and
a secure module configured to:
generate a key when the biometric information read by the biometric reading device is determined by the authentication module to correspond to the biometric authentication information stored in memory;
encrypt the key and the payment information stored in memory; and
provide, via the short range RF circuitry, the encrypted key and payment information for use in a transaction; and

a point of sale (POS) device configured to:
receive, from the secure module, the encrypted key and payment information; and
transmit, to a central database, the encrypted key and payment information; and

a central database configured to validate the key and the payment information.

9. The system of claim 8 , wherein the biometric module is configured to read biometric information provided by a user to complete the transaction.

10. The system of claim 8 , wherein the payment information is associated with a primary account number.

11. The system of claim 8 , wherein the POS device includes an RF reader.

12. The system of claim 8 , wherein the biometric authentication information is stored separately from the payment information.

13. The system of claim 8 , wherein the payment information is stored in a memory accessible only by the secure module.

14. The system of claim 8 , wherein the short range RF circuitry comprises a radio frequency identification (RFID) device.

15. A method for secure transactions using a mobile device, comprising:
storing biometric authentication information and payment information in memory;
reading biometric information using a biometric reader;
determining whether the biometric information read by the biometric reader corresponds to the biometric authentication information stored in memory;
generating a key when the biometric information read by the biometric reader is determined to correspond to the biometric authentication information stored in memory;
encrypting the key and the payment information stored in memory; and
providing the encrypted key and payment information for use in a transaction.

16. The method of claim 15 , further comprising reading biometric information provided by a user to complete the transaction.

17. The method of claim 15 , wherein the payment information is associated with a primary account number.

18. The method of claim 15 , further comprising providing the encrypted key and payment information to a point of sale (POS) device.

19. The method of claim 15 , wherein the biometric authentication information is stored separately from the payment information.

20. The method of claim 15 , wherein the payment information is stored in a memory accessible only by a secure module.

21. The method of claim 15 , wherein the payment information is provided using a short range RF circuitry.

Assignees

• Neology Inc

Inventors

• Martinez De Velasco Cortina Francisco
• Rietzler Manfred

Classifications

• G06Q20/3674

  involving authentication · CPC title

• G06Q20/34

  using cards, e.g. integrated circuit [IC] cards or magnetic cards · CPC title

• G06Q20/32 Primary

  using wireless devices · CPC title

• G06K7/0008 Primary

  General problems related to the reading of electronic memory record carriers, independent of its reading method, e.g. power transfer · CPC title

• G06Q20/3278

  RFID or NFC payments by means of M-devices · CPC title