WO2006035421A3 - Enhanced electronic financial system - Google Patents

Enhanced electronic financial system Download PDF

Info

Publication number
WO2006035421A3
WO2006035421A3 PCT/IL2005/000750 IL2005000750W WO2006035421A3 WO 2006035421 A3 WO2006035421 A3 WO 2006035421A3 IL 2005000750 W IL2005000750 W IL 2005000750W WO 2006035421 A3 WO2006035421 A3 WO 2006035421A3
Authority
WO
WIPO (PCT)
Prior art keywords
financial system
transaction
electronic financial
security measures
user
Prior art date
Application number
PCT/IL2005/000750
Other languages
French (fr)
Other versions
WO2006035421A2 (en
Inventor
Michael Segev
Zvi Tal
Original Assignee
Fibiotech Advanced Technologie
Michael Segev
Zvi Tal
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Fibiotech Advanced Technologie, Michael Segev, Zvi Tal filed Critical Fibiotech Advanced Technologie
Publication of WO2006035421A2 publication Critical patent/WO2006035421A2/en
Publication of WO2006035421A3 publication Critical patent/WO2006035421A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4016—Transaction verification involving fraud or risk level assessment in transaction processing
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/341—Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4014—Identity check for transactions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4014—Identity check for transactions
    • G06Q20/40145—Biometric identity checks
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/08—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means
    • G07F7/10—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means together with a coded signal, e.g. in the form of personal identification information, like personal identification number [PIN] or biometric data
    • G07F7/1008—Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/08—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means
    • G07F7/10—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means together with a coded signal, e.g. in the form of personal identification information, like personal identification number [PIN] or biometric data
    • G07F7/1025—Identification of user by a PIN code

Landscapes

  • Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Accounting & Taxation (AREA)
  • Physics & Mathematics (AREA)
  • General Physics & Mathematics (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Theoretical Computer Science (AREA)
  • Finance (AREA)
  • Computer Security & Cryptography (AREA)
  • Microelectronics & Electronic Packaging (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

In an electronic financial system (EFS), a method for conducting a secured transaction in respect of a user. The method including receiving reference security measures that include encrypted PIN data, user identification data and biometric data of the user. The method further includes receiving a request for the transaction. The method further includes determining according to a security criterion and sensitivity level, the security measures that apply and comparing them to corresponding reference security measures for authenticating or not the transaction.
PCT/IL2005/000750 2004-09-28 2005-07-14 Enhanced electronic financial system WO2006035421A2 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US61322304P 2004-09-28 2004-09-28
US60/613,223 2004-09-28

Publications (2)

Publication Number Publication Date
WO2006035421A2 WO2006035421A2 (en) 2006-04-06
WO2006035421A3 true WO2006035421A3 (en) 2006-12-14

Family

ID=36119271

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/IL2005/000750 WO2006035421A2 (en) 2004-09-28 2005-07-14 Enhanced electronic financial system

Country Status (1)

Country Link
WO (1) WO2006035421A2 (en)

Families Citing this family (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
PL2043036T3 (en) * 2007-09-20 2011-02-28 Tds Todos Data System Ab System, method and device for enabling interaction with dynamic security
EP2239927A4 (en) * 2008-01-30 2016-06-08 Kyocera Corp Portable terminal device and method of judging communication permission thereof
US10193700B2 (en) 2015-02-27 2019-01-29 Samsung Electronics Co., Ltd. Trust-zone-based end-to-end security
US10846696B2 (en) 2015-08-24 2020-11-24 Samsung Electronics Co., Ltd. Apparatus and method for trusted execution environment based secure payment transactions
US10699274B2 (en) 2015-08-24 2020-06-30 Samsung Electronics Co., Ltd. Apparatus and method for secure electronic payment

Citations (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO1999060485A1 (en) * 1998-05-21 1999-11-25 Yutaka Yasukura Authentication card system
US20020073029A1 (en) * 2000-12-12 2002-06-13 Telefonaktiebolaget Lm Ericsson (Publ) System and method of authorizing an electronic commerce transaction
US20030056111A1 (en) * 2001-09-19 2003-03-20 Brizek John P. Dynamically variable security protocol
US20030115142A1 (en) * 2001-12-12 2003-06-19 Intel Corporation Identity authentication portfolio system
US6990588B1 (en) * 1998-05-21 2006-01-24 Yutaka Yasukura Authentication card system

Patent Citations (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO1999060485A1 (en) * 1998-05-21 1999-11-25 Yutaka Yasukura Authentication card system
US6990588B1 (en) * 1998-05-21 2006-01-24 Yutaka Yasukura Authentication card system
US20020073029A1 (en) * 2000-12-12 2002-06-13 Telefonaktiebolaget Lm Ericsson (Publ) System and method of authorizing an electronic commerce transaction
US20030056111A1 (en) * 2001-09-19 2003-03-20 Brizek John P. Dynamically variable security protocol
US20030115142A1 (en) * 2001-12-12 2003-06-19 Intel Corporation Identity authentication portfolio system

Also Published As

Publication number Publication date
WO2006035421A2 (en) 2006-04-06

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