Robert Joseph Downing

US Patent:

20120078798, Mar 29, 2012

Filed:

Sep 27, 2010

Appl. No.:

12/891334

Inventors:

Robert W. DOWNING - Palmetto FL, US
Nicole Steffensmeier - Oldsmar FL, US

International Classification:

G06Q 20/00

US Classification:

705 64

Abstract:

Described herein are methods and systems for securely transmitting information, including financial account information. An irreversibly encrypted account number can be transmitted to a processing party as part of a transmission packet. The processing party can extract other information from the transmission packet to determine one or more registered account numbers that may match the irreversibly encrypted account number. Using the same encryption algorithm used to create the transmission packet, the processing party can create a verification packet by encrypting the one or more registered account numbers and determine if the verification packet matches the transmission packet. As a result, financial account information can be transmitted in such a way that it cannot be intercepted and then used to perform an unauthorized transaction.

Address:

89 New Rd, Newmarket, NH 03857

Phone:

(603)6595261

VIN:

KNAGE123575153285

Make:

KIA

Model:

OPTIMA

Year:

2007