Patent ID: 7827410

Claim:
A computer readable medium having computer usable instructions for determining authorization of an entity to engage in a regulated transaction, comprising: an input component adapted to receive identification information associated with an entity desiring or attempting to engage in a regulated transaction; an attribute data store that stores at least one attribute of the regulated transaction; and an identity transaction engine component adapted to receive the identification information, the identity transaction engine component adapted to utilize one or more attributes of the regulated transaction to select two or more data stores to perform a search to validate the entity, determine whether to authorize the entity to engage in the regulated transaction based at least in part upon analysis of the identification information, information stored in the two or more data stores and the at least one attribute of the regulated transaction and communicate the determination to a user of the system via an output device, the identity transaction engine component applies rules based at least in part on the one or more attributes to the regulated transaction in order to determine whether the regulated transaction is improbable or impossible, the identity transaction engine component identifies the regulated transaction for at least one of processing or review if the regulated transaction is determined to be improbable or impossible.