Title:
METHOD AND SYSTEM FOR PERFORMING SECURE BANKING TRANSACTIONS
Document Type and Number:
Japanese Patent JP2017004496
Kind Code:
A
Abstract:
PROBLEM TO BE SOLVED: To provide a method and system for performing secure cardless transactions using a user device.SOLUTION: Initially, an authenticated banking application is downloaded on a user device, and the downloaded application is linked to a user by a unique ID. To perform a transaction, the user logs in to the downloaded application and, after logging in, the user device and an ATM are securely paired, where the ATM also has a location based unique ID. The secure pairing process uses parameters such as a specific application identifier and a transaction terminal identifier. Once the user initiates the secure pairing process, the ATM displays a unique number generated by a bank server. The unique number is linked to the user and is entered in a portable device. Further, biometric authentication is performed and, after validation, a token ID is generated.SELECTED DRAWING: Figure 1
Inventors:
HITESH UMEDKUMAR RUPARELIA
RAMYA R VARMA
GURUPRASAD MS
BASAVARAJ MURUGENDRAIAH
JAIPAL GOPALAN
SATHISH VALLAT
RAMYA R VARMA
GURUPRASAD MS
BASAVARAJ MURUGENDRAIAH
JAIPAL GOPALAN
SATHISH VALLAT
Application Number:
JP2016034067A
Publication Date:
January 05, 2017
Filing Date:
February 25, 2016
Export Citation:
Assignee:
TATA CONSULTANCY SERVICES LTD
International Classes:
G06Q20/18; G06F21/32; G06F21/34; G07D9/00
Domestic Patent References:
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Foreign References:
| US8840016B1 | 2014-09-23 | |||
| US20140337211A1 | 2014-11-13 |
Attorney, Agent or Firm:
Takeshi Ebe
Inoue Akifumi
Kazuo Asahi
Inoue Akifumi
Kazuo Asahi