Patent ID: 8820638
Filing Date: 2014-09-02
Classification: G06K,G06Q

Abstract:
1. A method, comprising: providing a financial account identifier from a mobile electronic card to a point-of-sale transaction terminal, the financial account identifier associated with a financial account of a user of the mobile electronic card; wirelessly receiving encrypted updated account information regarding the financial account of the user on a cellular telephone associated with the user; storing the encrypted updated account information regarding the financial account of the user on the cellular telephone associated with the user; connecting a wireless communication adapter of the cellular telephone associated with the user and a wireless communication adapter of the mobile electronic card; transmitting the encrypted updated account information regarding the financial account of the user from the wireless communication adapter of the cellular telephone to the wireless communication adapter of the mobile electronic card; receiving biometric information on the mobile electronic card; determining that the biometric information is valid, wherein determining includes sending the biometric information to a financial institution associated with the financial account of the user for verification by the financial institution that the sent biometric information matches biometric data provided to the financial institution for security purposes; activating a display of the mobile electronic card responsive to a signal from the financial institution confirming the verification; and displaying a balance of the financial account information on the display of the mobile electronic card for a predetermined time period based on the receiving of the encrypted updated account information and the signal from the financial institution, wherein the encrypted updated account information includes a signal indicative of a most recent transaction and the displayed balance of the financial account is calculated at the mobile electronic card from the signal indicative of the most recent transaction and a transaction record stored in the mobile electronic card, and wherein the display includes a portion configured to display a digital image of a signature associated with the user.