The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jun. 18, 2013
Filed:
Nov. 21, 2006
Scott W. Rau, Pottstown, PA (US);
Lee Knackstedt, Bear, DE (US);
Scott W. Rau, Pottstown, PA (US);
Lee Knackstedt, Bear, DE (US);
JPMorgan Chase Bank, N.A., New York, NY (US);
Abstract
Systems and methods are provided that keep check of financial transactions by maintaining a count of the financial transactions using a register portion, in conjunction with performing authentication further to inputting transaction data from a data-bearing record that is stored in a device. The system may include a communication portion that inputs transaction data received from the data bearing record, the transaction data including an input transaction count value and an input device differentiator number; and a processing portion that processes the transaction data. The processing portion may include (1) a memory portion that stores stored data; (2) a device identification portion that identifies the device based on the device differentiator number and an account number, the account number being derived from the transaction data; (3) a register portion that maintains a count of financial transactions so as to provide a current transaction count value associated with the input device differentiator number for the account number, the register portion maintaining current transaction count values for respective device differentiator numbers, which device differentiator numbers are associated with the account number; and (4) an authentication portion that performs authentication processing based on a comparison process that utilizes the current transaction count value and the input transaction count value, the authentication portion generating an authentication result, the authentication portion outputting the authentication result.