System and method for verifying user identity information in financial transactions
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United States of America Patent
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Aug 5, 2014
Grant Date -
Dec 23, 2010
app pub date -
Aug 11, 2010
filing date -
Jun 11, 2008
priority date (Note) -
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status (Latency Note)
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Abstract
A system and method for verifying a user's identity during a point-of-sale transaction are provided. The system and method provide for applying for, receiving and verifying a financial services provider card; providing a plurality of requested biometric identification data to a financial services provider; uploading the plurality of biometric identification data of a user requested by the financial services provider via a network connected computing device to a preselected website; storing the plurality of biometric identification data in a remote server coupled to the preselected website; and using the plurality of requested biometric identification data to execute a point-of-sale transaction, wherein a merchant can verify the financial services card with the biometric identification data provided by the remote server or provided by the user via a point-of-sale terminal.
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