Patent ID: 8271395
Filing Date: 2012-09-18
Classification: G06Q,G07F

Abstract:
1. A method of authenticating an entity during an online transaction with a third party, said authenticating performed by an issuer that maintains an account of said entity, said method comprising: a step for performing the function of verifying, by said issuer during a registration process, the identity of said entity as the owner of said account and associating a password with said account; routing an online request from said third party to said issuer via an Internet browser of a computer of said entity in the form of an authentication request message; receiving, by said issuer at an access control server, said online request from said third party to authenticate said entity; receiving, by said issuer at said access control server, an identity authenticating password from said entity over an online connection; comparing, by said access control server, said identity authenticating password against said password previously designated for said account of said entity; routing an online communication from said issuer to said third party via said Internet browser of said computer of said entity in the form of an authentication response message; and notifying said third party via said online communication that said entity is the actual owner of said account when said identity authenticating password received from said entity matches the password that was previously designated for said account, said online communication being sent from said access control server, performing said steps of routing without the use of any additional software on said computer of said entity relating to said method of authenticating, whereby said issuer authenticates for the benefit of said third party that said entity is the actual owner of said account, wherein said issuer is a financial institution, and wherein said third party is an online merchant, and wherein said method further comprises conducting a financial transaction between said online merchant and said entity.