These patents broadly cover the use of biometrics in credit card fraud prevention, and should be of great interest to financial institutions and credit card companies.
New York (PRWEB) November 10, 2014
ICAP Patent Brokerage announces for sale patents disclosing a biometrics-based credit card fraud prevention system, for use at the point-of-sale, available from SRR Patent Holdings, LLC. This portfolio is offered as part of the Financial Auction Series, with a bidding deadline of December 4th, 2014.
“These patents broadly cover the use of biometrics in credit card fraud prevention, and should be of great interest to financial institutions and credit card companies,” says Dean Becker, CEO of ICAP Patent Brokerage.
Key Characteristics & Benefits
Credit card transactions are a trillion dollar industry, and an essential part of our economy. Unfortunately, credit risk and card fraud are endemic; positive identity verification is critical. The technology claimed in this portfolio improves cardholder security at the point of sale, potentially saving consumers and financial institutions billions annually.
Available are patents disclosing a system and method for user identification verification when using a credit card at the point-of-sale. A variety of biometrics can be used to execute the transaction including (but not limited to) digital photographic/signature comparison, physical features such as face, fingerprint, iris, retina, or hand geometry, or behavioral features such as signature, voice, gait, or any other proven form.
See the technical description of the point-of-sale biometrics IP sales offering.
To learn more about the intellectual property available for sale in this portfolio:
Contact Michelle Tyler of ICAP Patent Brokerage at (650) 741-4117 or via email at michelle(at)icapip(dot)com.
If you would like to sell or auction a patent portfolio, go to icappatentbrokerage.com/auction/submitip/.
About ICAP Patent Brokerage
ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.