Tokenless biometric transaction authorization method and system

A method for tokenless authorization of commercial transactions between a buyer and a seller using a computer system, wherein the buyer may select one of many registered financial accounts from which to make payment, said method comprising the steps of:

• a. a buyer registration step, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account, wherein each buyer financial account is assigned an account index code;
• b. a seller step, wherein the seller registers with the computer system at least one seller registration financial account and a seller identification code;
• c. a proposal step, wherein the seller offers a proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information;
• d. an acceptance step, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction an account index code and the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, forming a commercial transaction message;
• e. a transmission step, wherein the commercial transaction message is forwarded to the computer system;
• f. a buyer identification steps wherein the computer system compares the personal authentication information in the commercial transaction message with registered biometric samples for producing either a successful or failed identification of the buyer;
• g. an account selection step, wherein the computer system obtains a buyer financial account using the account index code from the commercial transaction message;
• h. a payment step, wherein upon determination of sufficient resources, the buyer financial account is debited and a financial account of the seller is credited, wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• and
• i. a presentation step, wherein any combination of the results of steps a) through h) are presented to the buyer or seller, wherein a commercial transaction is conducted from one of many possible buyer accounts.

A method for tokenless authorization of commercial transactions between a buyer and a seller using a computer system, wherein the buyer may select one of many registered financial accounts from which to make payment, with a provision for sending a silent alarm during coerced transactions, the method comprising the steps of:

• a. a buyer registration step, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, at least one buyer financial account, wherein each buyer financial account is assigned an account index code, and at least one emergency account index code;
• b. a seller registration step, wherein the seller registers with the computer system at least one seller financial account and a seller identification code;
• c. a proposal step, wherein the seller offers a proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information;
• d. an acceptance step, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction an account index code and the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, forming a commercial transaction message;
• e. a transmission step, wherein the commercial transaction message is forwarded to the computer system;
• f. a buyer identification step, wherein the computer system compares the personal authentication information in the commercial transaction message with registered biometric samples for producing either a successful or failed identification of the buyer;
• g. an account selection step, wherein the computer system obtains a buyer financial account using the account index code from the commercial transaction message, and if the account index code is the same as the emergency account index code, a silent alarm is sent;
• h. a payment step, wherein upon determination of sufficient resources, the buyer financial account is debited and a financial account of the seller is credited, wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• and
• i. a presentation step, wherein any combination of the results of steps a) through h) are presented to the buyer or seller, wherein a commercial transaction is conducted from one of many possible buyer accounts, with the buyer able to signal a silent alarm during any coerced transaction.

A method for tokenless authorization of commercial transactions between a buyer and a seller using a computer system, the method comprising the steps of:

• a. a buyer registration step, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account;
• b. a seller registration step, wherein the seller registers with the computer system at least one seller financial account and a seller identification code;
• c. a proposal step, wherein the seller offers a proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information;
• d. an acceptance step, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, forming a commercial transaction message;
• e. a transmission step, wherein the commercial transaction message is forwarded to the computer system;
• f. a buyer identification step, wherein the computer system compares the personal authentication information in the commercial transaction message with registered biometric samples for producing either a successful or failed identification of the buyer;
• g. a payment step, wherein upon determination of sufficient resources, a financial account of the buyer is debited and a financial account of the seller is credited, wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• h. a presentation step, wherein any combination of the results of steps a) through g) are presented to the buyer or seller;
• and
• i. a biometric theft resolution step, wherein the PIN of the buyer is changed whenever the buyer's biometric record is determined to have been stolen.

A tokenless authorization system for commercial transactions between a buyer and a seller using a computer, comprising:

• a. means for buyer registration, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account;
• b. means for seller registration, wherein the seller registers with the computer system at least one seller financial account and a seller identification code;
• c. means for making an electronic proposal, wherein the seller offers an electronic proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information;
• d. means for acceptance of the electronic proposal by the buyer, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, the seller's electronic proposal and the buyer's authentication information forming a commercial transaction message;
• e. means for transmission, wherein the commercial transaction message is forwarded to the computer system;
• f. means for buyer identification, wherein the computer system compares the personal authentication information in the commercial transaction message with registration biometric samples for producing either a successful or failed identification of the buyer;
• g. means for electronic payment, wherein upon determination of sufficient resources, a financial account of the buyer is debited and a financial account of the seller is credited, wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• and
• h. means for status presentation, wherein any combination of the results of steps a) through g) are presented to the buyer or seller.

A tokenless authorization system for commercial transactions between a buyer and a seller using a computer system, wherein the buyer may select one of many registered financial accounts from which to make payment, the system comprising:

• a. means for buyer registration, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account, and each buyer financial account is assigned an account index code;
• b. means for seller registration, wherein the seller registers with the computer system at least one seller financial account and a seller identification code;
• c. means for making an electronic proposal, wherein the seller offers an electronic proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information;
• d. means for acceptance of the electronic proposal by the buyer, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction an account index code and the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, the seller's electronic proposal and the buyer's authentication information forming a commercial transaction message;
• e. means for transmission, wherein the commercial transaction message is forwarded to the computer system;
• f. means for buyer identification, wherein the computer system compares the personal authentication information in the commercial transaction message with registration biometric samples for producing either a successful or failed identification of the buyer;
• g. means for account selection, wherein the computer system obtains a buyer financial account using the account index code from the commercial transaction message;
• h. means for electronic payment, wherein upon determination of sufficient resources, a financial account of the buyer is debited and a financial account of the seller is credited, wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• and
• i. means for status presentation, wherein any combination of the results of steps a) through g) are presented to the buyer or seller.

A tokenless authorization system for commercial transactions between a buyer and a seller using a computer system, wherein the buyer may select one of many registered financial accounts from which to make payment, with a provision for sending a silent alarm during coerced transactions, the system comprising:

• a. means for buyer registration, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account, and each buyer financial account is assigned an account index code, and at least one emergency account index code;
• b. means for seller registration, wherein the seller registers with the computer system at least one seller financial account and a seller identification code;
• c. means for making an electronic proposal, wherein the seller offers an electronic proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information;
• d. means for acceptance of the electronic proposal by the buyer, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction an account index code and the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, the seller's electronic proposal and the buyer's authentication information forming a commercial transaction message;
• e. means for transmission, wherein the commercial transaction message is forwarded to the computer system;
• f. means for buyer identification, wherein the computer system compares the personal authentication information in the commercial transaction message with registration biometric samples for producing either a successful or failed identification of the buyer;
• g. means for account selection, wherein the computer system obtains a buyer financial account using the account index code from the commercial transaction message, and if the account index code is the same as the emergency account index code, a silent alarm is sent;
• h. means for electronic payment, wherein upon determination of sufficient resources, a financial account of the buyer is debited and a financial account of the seller is credited wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• and
• i. means for status presentation, wherein any combination of the results of steps a) through g) are presented to the buyer or seller, whereby a commercial transaction is conducted from one of many possible buyer accounts.

A tokenless authorization system for commercial transactions between a buyer and a seller using a computer, comprising:

• a. means for buyer registration, wherein the buyer registers with the computer system a PIN, at least one registration biometric sample, and at least one buyer financial account;
• b. means for seller registration, wherein the seller registers with the computer system at least one seller financial account and a seller identification code;
• c. means for making an electronic proposal, wherein the seller offers an electronic proposed commercial transaction to the buyer, the proposed commercial transaction comprising a seller identification code and price information,
• d. means for acceptance of the electronic proposal by the buyer, wherein the buyer signals acceptance of the seller's proposed commercial transaction by adding to the proposed commercial transaction the buyer's personal authentication information comprising a PIN and at least one bid biometric sample wherein the bid biometric sample is obtained by the system from the buyer's person, the seller's electronic proposal and the buyer's authentication information forming a commercial transaction message;
• e. means for transmission, wherein the commercial transaction message is forwarded to the computer system;
• f. means for buyer identification, wherein the computer system compares the personal authentication information in the commercial transaction message with registration biometric samples for producing either a successful or failed identification of the buyer;
• g. means for electronic payment, wherein upon determination of sufficient resources, a financial account of the buyer is debited and a financial account of the seller is credited, wherein a commercial transaction is conducted without the buyer having to use any portable man made memory devices such as smart cards or swipe cards;
• h. means for status presentation, wherein any combination of the results of steps a) through g) are presented to the buyer or seller;
• and
• i. means for biometric theft resolution, wherein the PIN of the buyer is changed whenever the buyer's biometric record is determined to have been stolen, and any theft of biometric information can be made useless immediately upon detection.