Patent ID: 8917826
Filing Date: 2014-12-23
Classification: H04L,H04W

Abstract:
1. A method of authenticating an electronic banking transaction, the method comprising: receiving an electronic banking transaction request from a user, the electronic transaction request originating at a client system; determining an Internet Protocol (IP) address associated with the client system from which the received electronic banking transaction request originates; providing the user with a one time password associated with the electronic banking transaction request; providing the user with a third party verification number associated with the electronic banking transaction request; receiving a telephonic communication to the third party verification number from a telephonic device associated with the user; prompting the user, via a voice response unit, to input the password using the telephonic device, the telephonic device having a user number; authenticating the user based on a comparison of the inputted password and the provided one time password and the user number where the authenticating is performed by a third-party service provider, wherein the third-party provider is not a participant in the electronic banking transaction; determining a probable location of the user based on the determined IP address of the client system; communicating to the user, via the voice response unit, the probable location of the user based on the determined IP address associated with the client system; and prompting the user to confirm the probable location of the user based on the IP address associated with the client system.