Fingerprint Verification System for Financial Transactions

Abstract

A fingerprint verification system for financial transactions is disclosed. The system having three main parts. A first part being a payment cardsuch as an automatic teller machine (ATM) card, credit card anti debit card etc. with onboard memory chip; a second part being cloud-based, fingerprint recognition software; and a third part being a capacitive touch screen. The system being configured for three main financial transactions. A first transaction being between a customer and an ATM; a second transaction being between a customer and an online vendor, a third transaction being between a customer and a brick-and-mortar retail outlet, in all transactions, the customer presents a card that interacts with the software prompting the customer to reveal their fingerprint on the capacitive touch screen. If the fingerprint matches the print in the software the transaction is allowed to continue. If there is no match the transaction is cancelled.

Claims

1. A payment card security system comprised of the following parts: a.) a payment card; b.) a software program; c.) a touch screen; d.) a receiving terminal; and e.) a cloud network.

2. The payment card of claim 1 also having a user's account information stored therein.

3. The software program of claim 1 also being compatible with user's existing computing devices and compatible with financial institutions existing account networks.

4. The receiving terminals of claim 1 including but not limited to ATMs, personal computers, and mobile devices etc.

5. A method of payment card security comprising: a.) providing a fingerprint; b.) matching a payment card holder's fingerprint; c.) verifying a payment card holder's fingerprint; and d.) transmitting verification to stakeholders.

6. The transmitting of method of claim 4 further comprising a means to either allow or restrict access to a financial transaction request.

Description

BRIEF DESCRIPTION OF THE DRAWINGS

[0010] FIG. 1 is a perspective view of an ATM transaction embodiment

[0011] FIG. 2 is a perspective view of an online transaction embodiment.

[0012] FIG. 3 is a perspective view of a retail transaction embodiment.

[0013] FIG. 4 is a representative view of the invention process.

[0014] Other aspects of the present: invention shall be more readily understood when considered in conjunction with the accompanying drawings, and the following detailed description, neither of which should be considered limiting.

DETAIL DESCRIPTION OF THE INVENTION

[0015] In this description, the directional prepositions of up, upwardly, down, downwardly, front, back, top, upper, bottom, lower, left, right and other such terms refer to the device as it is oriented and appears in die drawings and are used for convenience only; they are not intended to be limiting or to imply that the device has to be used or positioned in any particular orientation. AD illustrations of the drawings are for the purpose of describing selected versions of the present invention and are not intended to limit the scope of die present invention.

[0016] The system having three main parts. A first part being a payment card 6such as an automatic teller machine (ATM) card, credit card and debit card etc. with onboard memory chip; a second part being cloud-based, fingerprint recognition software; and a third part being a touch screen. FIG. 1 showing a perspective view of an ATM 1 embodiment of the invention. The invention being compatible with a multitude of ATMs including but not limited to: on site ATM (within the premises of a bank); off site ATM (outside the bank premises); worksite ATM (located within the premises of an organization and is generally meant only for the employees of the organization); cash dispenser (allows only cash withdrawal, balance inquiry and mini statement requests, cash dispenser); mobile ATM (an ATM that moves in various areas for the customers); white label ATM (provided by non banking financial company); green label ATM (provided for agricultural transactions); orange label ATM (provided for share transactions); yellow label ATM (provided for e-commerce); and pink label ATM (women banking). The invention being compatible with a plurality of payment cards 6 such as but not limited to: credit cards, debit cards, charge cards, ATM cards, stored-value cards, fleet cards and the like. A user being required to insert said payment card 6 into die conventional ATM 1 slot thereby triggering communication between the bank and the invention's cloud network for authorization and verification of identity before being allowed to issue transactional commands to the ATM 1 thereon. The aforementioned payment card 6 having a user's account information stored therein triggering commands from the bank's existing network.

[0017] FIGS. 2 and 3 are perspective views of two embodiments of the invention. A first embodiment in FIG. 2 being a personal computer 4. The invention having software downloaded by a user to their computing device. The abovementioned invention software being written from code that may include, but not be limited to: Java, C++, Visual basic, Fortran, Basic and the like. The software also compatible with a plurality of operating systems such as, but not limited to: Windows, Apple and Android and compatible with a multitude of hardware platforms such as, but not limited to: personal desktops, laptops, tablets, smartphones and the like. FIG. 3 showing (lie invention used in conjunction with conventional, cash register terminals 5 such as but not limited to computerized point of sale systems, mobile point of sale technologies, and self checkout and the like. The embodiments shown in FIG. 2 and FIG. 3 having touch screen 3 as part of the system being composed of, but not limited to: optical sensors (capturing the image of fingerprints with a specialized digital camera setup); capacitive scanners; ultrasound sensors; ultrasonic sensors; and thermal line sensors etc. capturing a user's finger prints 7 and generating a digital image therein. The software also having the option to turn any computer screen into a touch screen to allow fingerprint entry by means of a Human Interlace Devices option.

[0018] FIG. 4 showing the invention process. A user furnishing their payment card 6 and finger print to a multitude of input devices such as, but not limited to personal computer 11, ATM 1, tablet 14 and smartphone 12. The user issuing commands that include but are not limited to: fingerprint type 8, payment card account requests 9 (cancellation, new account) and account inquiries 10 (balance, withdrawal, deposit etc.). The figure also showing bank inputs and outputs by means of desktop computers 10, tablets 14 and mobile computing devices 12. The invention integrating with the bank's existing network 15 linking user accounts 16 and performing transaction management routines 17 in concert, with the invention. FIG. 4 showing both the user and the bank sending and receiving account and security information to and from the invention's cloud-based network 24. Said cloud-based network 24 having a plurality of algorithms such as, but not limited to: stakeholder membership payments and software downloads 18; website and mobile device application management routines 19, payment card holder fingerprint library files 20, scraping algorithm 21 that searches fingerprint databases for card holder matches; card holder verification notifications 22; and final verification recommendations 23 to financial institutions in real-time.

[0019] It is additionally noted and anticipated that although die device is shown in its most simple form, various components and aspects of die device may be differently shaped or slightly modified when forming the invention herein. As such those skilled in the art will appreciate the descriptions and depictions set forth in this disclosure or merely meant to portray examples of preferred modes within the overall scope and intent of the invention, and are not to be considered limiting in any manner. While all of the fundamental characteristics and features of the invention have been shown and described herein, with reference to particular embodiments thereof, a latitude of modification, various changes and substitutions are intended in the foregoing disclosure and it will be apparent that in some instances, some features of the invention may be employed without a corresponding use of other features without departing from the scope of the invention as set forth. It should also be understood that various substitutions, modifications, and variations may be made by those skilled in the art without departing from the spirit or scope of the invention.