Patent ID: 7234156
Filing Date: 2007-06-19
Classification: G06F,G06Q,G07F,H04L

Abstract:
1. A method for authenticating a user's identity interactively in real time, wherein the method checks a user's information against a credit file, the method comprising: (a) receiving a first type of information from the user, wherein the first type of information is wallet type information; (b) formulating and presenting to the user, in real time, a query based on the first type of information received and upon information located in a credit file, the credit file containing credit-related information from a plurality of the user's creditors; (c) receiving a response to the query from the user in real time; (d) comparing the response to information in the user's credit file, in real time, to authenticate the user's identity; and (e) allowing the user to access a predetermined transaction, in real time, only if the user's identity is authenticated.