TRANSACTION IMPLEMENTATION IN VIDEO DIAL TONE NETWORK

Disclosed is a system and method of implementing purchasing and other transactions in an integrated multimedia communication system by utilizing an intelligent peripheral of an advanced intelligent telephone network which peripheral includes a voice recognition module for providing control capability based on received voice signals, and a voice verification module which includes a storage database for individualized voice authentication templates. The processor also includes a transaction manager module for controlling interaction with external money management devices such as automated teller machines (ATM's). The service control point of the network maintains a separate database for identifying a specific voice identification template on the basis of recognition and identification of an incoming signal as associated with a specific subscriber for a terminal and/or a telephone station. The peripheral also includes an internal data communications system carrying information between the processor, the voice verification module, the transaction monitor and the signaling communications interface.