SYSTEM, METHOD AND PROGRAM FOR SECURELY MANAGING FINANCIAL TRANSACTIONS

摘要

A method for securely managing financial transactions, the method comprising the steps of:
creating for a first client an account in a repository to produce a first client account;
storing personal data of the first client in the first client account;
allowing the first client to configure the first client account to store therein details of
(a) one or more financial entities with whom the first client is willing to transact; and
(b) a maximum limit on a value of a transaction the first client is willing to undertake with the or each financial entity;
receiving a request from a financial entity for access to a second client account of a second client, the said request comprising a value of a transaction to be undertaken between the second client and the financial entity;
determining whether the second client has a second client account in the repository;
determining in the event the second client has a second client account in the repository, whether the financial entity is among those whose details are stored in the second client account;
comparing, in the event the financial entity is among those whose details are stored in the second client account, the value of the transaction with the details stored in the second client account of the maximum limit on the value of a transaction the second client is willing to undertake with the financial entity; and
allowing the transaction to be conducted in the event the value of the transaction is less than the maximum limit on the value of a transaction the second client 254 is willing to undertake with the financial entity;
characterised in that the step of creating an account for the first client comprises the steps of:
receiving one or more items of identity evidence from the first client;
extracting one or more features from the or each item of received identity evidence;
validating the authenticity of the or each item of received identity evidence by comparing the or each extracted feature from the or each item of received identity evidence with related one or more items of feature information acquired from an issuing source for the or each item of identity evidence; and
verifying that the first client is the genuine owner of the identity being claimed by way of the received identity evidence; and
the step of storing personal data of the first client in the first client account comprises the step of storing the extracted features from the or each item of received identity evidence whose authenticity has been validated.