Authentication and Interaction Tracking System and Method

A method for facilitating authentication of entities engaging in transactions, the authentication based on a record of interactions initiated by the entities, the method comprising:

• receiving interaction requests from a requesting entity over a network at a central authentication and interaction tracking system including at least one computer memory and at least one computer processor, the interaction requests originating from the entities using multiple diverse applications and including a plurality of authentication factors;
• executing instructions stored in the computer memory using the computer processor to perform steps including:
• deriving, from each interaction request, an entity print for each requesting entity, wherein each entity print incorporates the authentication factors from each initiated interaction request, the authentication factors including multiple factors selected from the group including temporal transaction features, geographical transactions features, parties to transaction, identity of accounts, access method, device identifiers, personal identifiers, and authentication method utilized;
• comparing the derived entity print with a pre-existing historical entity print to produce an identity confidence level for the requesting entity and a risk level for the requesting entity;
• determining if the risk level and confidence level meet requirements for authentication;
• providing positive feedback to an authentication engine when the risk level and confidence level meet requirements for authentication and opening an authentication dialog with the authentication engine when the risk level and confidence level do not meet the requirements;
• executing policy rule sets at the authentication engine during the authentication dialogue to reach an authentication conclusion, the conclusion including one of a requirement for more information, a positive authentication decision, and a negative authentication decision;
• and
• passing the conclusion from the authentication engine to an application utilized to initiate the interaction request, the application selected from the multiple diverse applications.

A central authentication and interaction tracking system for facilitating authentication of entities engaging in transactions, the authentication based on a record of interactions initiated by the entities, the method comprising:

• an application interface receiving interaction requests from a requesting entity over a network, the interaction requests originating from the entities using multiple diverse applications and including a plurality of authentication factors;
• at least one computer memory storing information from the interaction requests and instructions for processing the information;
• and
• at least one computer processor accessing the computer memory and executing the stored instructions in the computer memory to perform steps including:
• deriving, from each interaction request, an entity print for each requesting entity,
• wherein each entity print incorporates the authentication factors from each initiated interaction request, the authentication factors including multiple factors selected from the group including temporal transaction features, geographical transactions features, parties to transaction, identity of accounts, access method, device identifiers, personal identifiers, and authentication method utilized;
• comparing the derived entity print with a pre-existing historical entity print to produce an identity confidence level for the requesting entity and a risk level for the requesting entity;
• determining if the risk level and confidence level meet requirements for authentication;
• providing positive feedback to an authentication engine when the risk level and confidence level meet requirements for authentication and opening an authentication dialog with the authentication engine when the risk level and confidence level do not meet the requirements;
• executing policy rule sets at the authentication engine during the authentication dialogue to reach an authentication conclusion, the conclusion including one of a requirement for more information, a positive authentication decision, and a negative authentication decision;
• and
• passing the conclusion from the authentication engine to an application utilized to initiate the interaction request, the application selected from the multiple diverse applications.

A non-transitory computer readable storing instructions for facilitating authentication of entities engaging in transactions, the authentication based on a record of interactions initiated by the entities, the instructions executed by a computer processor to perform steps including:

• receiving interaction requests from a requesting entity over a network at a central authentication and interaction tracking system including at least one computer memory and at least one computer processor, the interaction requests originating from the entities using multiple diverse applications and including a plurality of authentication factors;
• deriving, from each interaction request, an entity print for each requesting entity, wherein each entity print incorporates the authentication factors from each initiated interaction request, the authentication factors including multiple factors selected from the group including temporal transaction features, geographical transactions features, parties to transaction, identity of accounts, access method, device identifiers, personal identifiers, and authentication method utilized;
• comparing the derived entity print with a pre-existing historical entity print to produce an identity confidence level for the requesting entity and a risk level for the requesting entity;
• determining if the risk level and confidence level meet requirements for authentication;
• providing positive feedback to an authentication engine when the risk level and confidence level meet requirements for authentication and opening an authentication dialog with the authentication engine when the risk level and confidence level do not meet the requirements;
• executing policy rule sets at the authentication engine during the authentication dialogue to reach an authentication conclusion, the conclusion including one of a requirement for more information, a positive authentication decision, and a negative authentication decision;
• and
• passing the conclusion from the authentication engine to an application utilized to initiate the interaction request, the application selected from the multiple diverse applications.