18156647. MULTI-FACTOR AUTOMATED TELLER MACHINE (ATM) PERSONAL IDENTIFICATION NUMBER (PIN) simplified abstract (Capital One Services, LLC)

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MULTI-FACTOR AUTOMATED TELLER MACHINE (ATM) PERSONAL IDENTIFICATION NUMBER (PIN)

Organization Name

Capital One Services, LLC

Inventor(s)

Abdelkadar M'Hamed Benkreira of Washington DC (US)

Michael Mossoba of Arlington VA (US)

Joshua Edwards of Philadelphia PA (US)

MULTI-FACTOR AUTOMATED TELLER MACHINE (ATM) PERSONAL IDENTIFICATION NUMBER (PIN) - A simplified explanation of the abstract

This abstract first appeared for US patent application 18156647 titled 'MULTI-FACTOR AUTOMATED TELLER MACHINE (ATM) PERSONAL IDENTIFICATION NUMBER (PIN)

Simplified Explanation

The abstract describes an automated teller machine (ATM) that uses multi-factor input to enhance security and control access to account actions. The ATM includes an input component and one or more processors. The input component detects multi-factor input associated with an account, which can include a sequence of characters, the force with which characters are input, the length of time characters are input, or a combination of characters input concurrently. The ATM validates the multi-factor input and allows or denies access to account actions based on the validation.

  • An automated teller machine (ATM) with enhanced security features is described.
  • The ATM includes an input component and one or more processors.
  • The input component detects multi-factor input associated with an account.
  • Multi-factor input can include a sequence of characters, the force used to input characters, the time taken to input characters, or a combination of characters input concurrently.
  • The ATM validates the multi-factor input in association with the account.
  • Access to account actions is selectively permitted or denied based on the validation.

Potential Applications

  • Banking industry: ATMs with enhanced security can be used by banks to protect customer accounts and prevent unauthorized access.
  • Retail industry: ATMs with multi-factor input can be used in retail stores to provide secure access to cash withdrawal or other account-related actions.
  • Financial institutions: ATMs with improved security features can be utilized by financial institutions to ensure the safety of customer transactions.

Problems Solved

  • Enhanced security: The multi-factor input system adds an extra layer of security to prevent unauthorized access to accounts.
  • Fraud prevention: By validating the multi-factor input, the ATM can detect and prevent fraudulent activities.
  • User authentication: The multi-factor input helps verify the identity of the user, ensuring that only authorized individuals can access the account.

Benefits

  • Improved security: The multi-factor input system enhances the security of ATM transactions, reducing the risk of unauthorized access and fraud.
  • User-friendly: The use of various factors for input, such as force or time, provides flexibility and convenience for users while maintaining security.
  • Enhanced fraud detection: The validation of multi-factor input helps in detecting and preventing fraudulent activities, protecting both the user and the financial institution.


Original Abstract Submitted

An automated teller machine (ATM) may include an input component and one or more processors. The input component may be configured to detect multi-factor input associated with an account. The multi-factor input may include at least two of: a sequence of characters input via the input component, a force with which at least one character, of the sequence of characters, is input via the input component, a length of time over which at least one character, of the sequence of characters, is input via the input component, or a combination of at least two characters, of the sequence of characters, that are input concurrently via the input component. The ATM may receive the multi-factor input, validate the multi-factor input in association with the account, and selectively permit or deny access to one or more actions associated with the account based on validating the multi-factor input.

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