An automated method for alerting a customer that a transaction is being initiate d and for authorizing the transaction based on a confirmation/approval by the customer thereto. In accordance with one illustrative embodiment, a request to authorize the transact ion is received, wherein the request includes a customer identifier; a determination is made whether to authorize the transaction based on the customer identifier; if the determinat ion is to authorize the transaction, that fact is communicated to the customer; a confirma tion that the transaction should, in fact, be authorized is received back from the customer; a nd the transaction is authorized in response to the customer's confirmation thereof. In accordance with another illustrative embodiment, a transaction initiated by an agent of the customer (i.e., the principal) is authorized by the principal when one or more threshold paramet ers that may be pre-defined by the principal are exceeded. A preferred method of alerting the customer and receiving a confirmation to authorize the transaction back from the customer is illustratively afforded by conventional two-way pagers.

Title
Systeme dautorisation de transactions et dalarme
Transaction authorization and alert system
Publication Number
2176163
Application Date
May 9, 1996
Inventor
Sugla Binay
Mirville Jean Robert
Greenspan Steven Lloyd
Blonder Greg E
Agent
KIRBY EADES GALE BAKER
Assignee
At&T
IPC
G07F 07/08
G06Q 20/00
G07F 07/12
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