FRAUD RESISTANT BIOMETRIC FINANCIAL TRANSACTION SYSTEM AND METHOD

摘要

A method and system for authenticating financial transactions is disclosed wherein biometric data is acquired from a person and the probability of liveness of the person and probability of a match between the person or token and known biometric or token information are calculated, preferably according to a formula D=P(p)*(K+P(m)), wherein K is a number between 0.1 and 100, and authenticating if the value of D exceeds a predetermined value.