Systems and methods for authenticating financial transactions
AssigneeMastercard International Incorporated
InventorAaron P. Braundmeier
Life of this patent
Estimating the term…
Abstract
A computer-implemented method for verifying a financial transaction conducted over a payment network. One step of the method includes obtaining comparative biometric data and comparative metadata from a payment device associated with a payment account. An additional step includes comparing the comparative biometric data with historical biometric data associated with a payment account and comparing the comparative metadata with historical metadata associated with the payment account. A further step includes authorizing the financial transaction if: (i) the comparative biometric data matches the historical biometric data and (ii) the comparative metadata corresponds to the historical metadata.
Claims20
A computer-implemented method for verifying a financial transaction conducted over a payment network, the method comprising the steps of:
- (a) obtaining comparative biometric data and comparative metadata from a payment device;
- (b) comparing the comparative biometric data with historical biometric data associated with a payment account;
- (c) comparing the comparative metadata with historical metadata associated with the payment account;
- and
- (d) authorizing the financial transaction if:
- (i) the comparative biometric data matches the historical biometric data, and
- (ii) the comparative metadata corresponds to the historical metadata.
A financial transaction verification system for a payment network, the financial transaction verification system comprising:
- (a) a memory device for storing data;
- and
- (b) a processor communicatively coupled to the memory device, the processor programmed to:
- (i) obtain comparative biometric data and comparative metadata from a payment device,
- (ii) compare the comparative biometric data to historical biometric data associated with a payment account,
- (iii) compare the comparative metadata to historical metadata associated with the payment account, and
- (iv) authorize the financial transaction if the comparative biometric data matches the historical biometric data and the comparative metadata corresponds to the historical metadata.
A non-transitory computer-readable storage media having computer-executable instructions for verifying a financial transaction conducted over a payment network stored thereon, wherein when executed by at least one processor the computer-executable instructions cause the processor to:
- (a) obtain comparative biometric data and comparative metadata from a payment device;
- (b) compare the comparative biometric data to historical biometric data associated with a payment account;
- (c) compare the comparative metadata to historical metadata associated with the payment account;
- and
- (d) authorize the financial transaction if the comparative biometric data matches the historical biometric data and the comparative metadata corresponds to the historical metadata.
Dependencies are inferred from the claim text.