Abstract: A system and a method for conducting credit card transactions through a mobile device of a user. The mobile device comprises an image acquisition unit and a mobile application operated by the mobile device. The system enables acquiring an image of a client's credit card, using the image acquisition unit; analyzing data of the image; outputting details of the credit card from the analysis; verifying the output details, wherein the verification is further carried out through the mobile application; verifying authorization of inputted monetary transaction, wherein the mobile application enables verifying the authorization by communicating with the billing center, associated with at least one credit company associated with the credit card over at least one communication network, wherein the communication is carried out by the mobile application using the mobile device; and conducting monetary transactions using the verified credit card details.
Abstract: A system and a method for conducting credit card transactions through a mobile device of a user. The mobile device comprises an image acquisition unit and a mobile application operated by the mobile device. The system enables acquiring an image of a client's credit card, using the image acquisition unit; analyzing data of the image; outputting details of the credit card from the analysis; verifying the output details, wherein the verification is further carried out through the mobile application; verifying authorization of inputted monetary transaction, wherein the mobile application enables verifying the authorization by communicating with the billing center, associated with at least one credit company associated with the credit card over at least one communication network, wherein the communication is carried out by the mobile application using the mobile device; and conducting monetary transactions using the verified credit card details.
Abstract: A method of identifying a user for transactions includes receiving an image of an identification document of the user during a first transaction with a first party, wherein the image is obtained using an image acquisition module of a device of the user, receiving a device ID of the user's device, extracting identification credentials of the user from the image, storing the identification credentials of the user and the device ID of the user's device on a server, wherein the device ID is associated with the identification credentials of the user, during a subsequent transaction with a second party, receiving the device ID of the user's device, retrieving the identification credentials of the user based on the device ID, and transmitting the retrieved identification credentials to the second party to identify the user for the subsequent transaction.
Type:
Application
Filed:
March 15, 2013
Publication date:
September 18, 2014
Applicant:
JUMIO INC.
Inventors:
Daniel Herbert MATTES, Thomas WILLOMITZER, Marc BARACH
Abstract: Systems, methods and devices described herein enable the enhancement of the security of online financial transactions by assessing the authenticity of payment instruments, such as credit cards, using video processing analysis. For example, systems, methods and devices are operable to assess various characteristics of credit cards from video data provided by a user. Additionally and/or alternatively, one or more card characteristics captured during an online transaction may be compared against one or more of the same characteristics available in a card database indexed by card issuer, and which stores credit card characteristics for a number of cards provided by various credit card issuers. Additionally and/or alternatively, one or more card characteristics captured during an online transaction may be compared against one or more of the same characteristics captured during previous transactions to verify that the credit card currently offered matches the card used in previous transactions.