0745961-A2 is referenced by 140 patents and cites 6 patents.

An automated method for alerting a custorner that a transaction is being initiated 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 transaction 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 determination is to authorize the transaction, that fact is communicated to the customer; a confirmation that the transaction should, in fact, be authorized is received back from the customer; and 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 parameters 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
Transaction authorization and alert system
Application Number
EP19960303616 19960521
Publication Number
0745961 (A2)
Application Date
May 21, 1996
Publication Date
December 4, 1996
Inventor
Sugla Binay
US
Mirville J Robert
US
Greenspan Steven Lloyd
US
Blonder Greg E
US
Assignee
At & T
US
IPC
G07F 07/08
G07G 01/12
G07F 07/08
G06Q 40/00
G06Q 20/00
G07D 09/00
G07G 01/12
G07F 07/08
G06Q 40/00
G06Q 20/00
G07D 09/00
View Original Source Download PDF