Patent ID: 8744967

Claim:
A method for authenticating a financial transaction request comprising: a. providing a computer processor, the computer processor having a computer readable storage medium, the computer readable storage medium comprising instructions stored therein for executing on said processor, the instructions when read and executed, for: i. receiving first information including first party identifying information, and a unique pseudorandom number of a pseudorandom number sequence, included with at least one check from a plurality of checks; ii. determining a status of activating the plurality of checks using at least a portion of the first information, a stored activation code, and stored first party identifying information, the stored first party identifying information being stored with the pseudorandom number sequence in a file of a second party accessible by the computer processor, wherein the stored activation code was previously generated as a unique pseudorandom code for the plurality of checks and was previously stored in a file accessible by the computer processor; iii. authenticating the first party with the received first party identifying information and at least a portion of the stored first party identifying information; iv. authenticating the received unique pseudorandom number with a unique pseudorandom number of the sequence stored with the stored first party identifying information; and v. authenticating the first information if the first party and the received unique pseudorandom number included with the first information are authenticated and if the plurality of checks have been activated.