17549954. METHOD FOR ENHANCING TRANSACTION SECURITY simplified abstract (INTERNATIONAL BUSINESS MACHINES CORPORATION)

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METHOD FOR ENHANCING TRANSACTION SECURITY

Organization Name

INTERNATIONAL BUSINESS MACHINES CORPORATION

Inventor(s)

Yoonyoung Park of Belmont MA (US)

Issa Sylla of Boston MA (US)

Viatcheslav Gurev of Bedford Hills NY (US)

James R. Kozloski of New Fairfield CT (US)

Uri Kartoun of Cambridge MA (US)

METHOD FOR ENHANCING TRANSACTION SECURITY - A simplified explanation of the abstract

This abstract first appeared for US patent application 17549954 titled 'METHOD FOR ENHANCING TRANSACTION SECURITY

Simplified Explanation

The abstract describes a computer-implemented method for transaction authorization using biometric data. Here is a simplified explanation of the abstract:

  • The method receives a transaction request from a user to access a resource.
  • It determines the historical biometric data of the user.
  • It also determines the current biometric data of the user at the time of the transaction request.
  • The method then checks if the historical biometric data matches the current biometric data.
  • If there is a match, the transaction request is authorized to access the resource.

Potential Applications

This technology can have various applications in different industries, including:

  • Financial institutions: It can be used for secure online banking transactions.
  • E-commerce platforms: It can enhance the security of online purchases.
  • Government agencies: It can be utilized for secure access to sensitive information or services.
  • Healthcare providers: It can ensure secure access to medical records or patient data.

Problems Solved

The method addresses several problems related to transaction authorization:

  • Security: By using biometric data, it provides an additional layer of security to prevent unauthorized access.
  • User convenience: It eliminates the need for remembering and entering passwords or PINs.
  • Fraud prevention: It reduces the risk of identity theft and fraud by verifying the user's biometric data.

Benefits

The use of this technology offers several benefits:

  • Enhanced security: Biometric data is unique to each individual, making it difficult for unauthorized users to gain access.
  • Improved user experience: Users can easily and quickly authorize transactions without the need for complex passwords.
  • Fraud prevention: The matching of historical and current biometric data helps prevent fraud and unauthorized access.
  • Streamlined processes: The automated authorization process saves time and resources for both users and service providers.


Original Abstract Submitted

A computer-implemented method for transaction authorization is disclosed. The computer-implemented method includes receiving a transaction request from a user to access a resource. The computer-implemented method further includes determining historical biometric data for the user. The computer-implemented method further includes determining current biometric data for the user at a time the transaction request is received. The computer-implemented method further includes determining whether the historical biometric data for the user matches the current biometric data for the user at the time the transaction request is received. The computer-implemented method further includes responsive to determining that the historical biometric data for the user matches the current biometric data for the user at the time the transaction request is received, authorizing the transaction request to access the resource.

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