Token service provider for electronic/mobile commerce transactions
US-2019034924-A1 · Jan 31, 2019 · US
Tokenization of Financial Account Information for Use in Transactions
US2017109741A1 · US · A1
| Field | Value |
|---|---|
| Publication number | US-2017109741-A1 |
| Application number | US-201514885050-A |
| Country | US |
| Kind code | A1 |
| Filing date | Oct 16, 2015 |
| Priority date | Oct 16, 2015 |
| Publication date | Apr 20, 2017 |
| Grant date | — |
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- Title
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- Abstract
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- Assignees and inventors
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- Key dates
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- First independent claim
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- CPC / IPC classifications
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- Citations and related patents
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Abstract
Official abstract text for this publication.
According to one embodiment, a system includes a memory comprising instructions, an interface, and a processor communicatively coupled to the memory and the interface. The interface is configured to receive, from a user device, a token to complete a transaction, send, to an issuer server, a request to verify the received token, and receive, in response to the request to verify the received token, translated information associated with the token. The processor is configured, when executing the instructions, to process the transaction using the translated information.
First claim
Opening claim text (preview).
What is claimed is: 1 . A system, comprising: a memory comprising instructions; an interface configured to: receive, from a user device, a token to complete a transaction; send, to an issuer server, a request to verify the received token; and receive, in response to the request to verify the received token, translated information associated with the token; a processor communicatively coupled to the memory and the interface, the processor configured, when executing the instructions, to process the transaction using the translated information. 2 . The system of claim 1 , wherein the token comprises a non-exploitable representation of the translated information. 3 . The system of claim 1 , wherein the token is associated with a financial account. 4 . The system of claim 3 , wherein the financial account is a checking account. 5 . The system of claim 4 , wherein the token comprises information corresponding to an account number of the checking account. 6 . The system of claim 4 , wherein the token comprises information corresponding to a routing number of the checking account. 7 . The system of claim 1 , wherein the token is uniquely associated with the user device. 8 . A method, comprising: receiving, from a user device, a token to complete a transaction; sending, to an issuer server, a request to verify the received token; receiving, in response to the request to verify the received token, translated information associated with the token; and processing the transaction using the translated information. 9 . The method of claim 8 , wherein the token comprises a non-exploitable representation of the translated information. 10 . The method of claim 8 , wherein the token is associated with a financial account. 11 . The method of claim 10 , wherein the financial account is a checking account. 12 . The method of claim 11 , wherein the token comprises information corresponding to an account number of the checking account. 13 . The method of claim 11 , wherein the token comprises information corresponding to a routing number of the checking account. 14 . The method of claim 8 , wherein the token is uniquely associated with the user device. 15 . A computer-readable medium comprising instructions that are configured, when executed by a processor, to: receive, from a user device, a token to complete a transaction; send, to an issuer server, a request to verify the received token; receive, in response to the request to verify the received token, translated information associated with the token; and process the transaction using the translated information. 16 . The computer-readable medium of claim 15 , where the token comprises a non-exploitable representation of the translated information. 17 . The computer-readable medium of claim 15 , wherein the token is associated with a financial account. 18 . The computer-readable medium of claim 17 , wherein the financial account is a checking account. 19 . The computer-readable medium of claim 18 , wherein the token comprises information corresponding to an account number of the checking account. 20 . The computer-readable medium of claim 18 , wherein the token comprises information corresponding to a routing number of the checking account.
Assignees
Inventors
Classifications
Electronic credentials · CPC title
involving authentication · CPC title
- G06Q20/3829Primary
involving key management · CPC title
Patent family
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Frequently asked questions
Answers are generated from the same data shown on this page.
- What does patent US2017109741A1 cover?
- According to one embodiment, a system includes a memory comprising instructions, an interface, and a processor communicatively coupled to the memory and the interface. The interface is configured to receive, from a user device, a token to complete a transaction, send, to an issuer server, a request to verify the received token, and receive, in response to the request to verify the received toke…
- Who is the assignee on this patent?
- Bank Of America
- What technology area does this patent fall under?
- Primary CPC classification G06Q20/3829. Mapped technology areas include Physics.
- When was this patent published?
- Publication date Thu Apr 20 2017 00:00:00 GMT+0000 (Coordinated Universal Time) (A1). Legal status and post-grant events are not shown on this page.
- What related patents are in patentsdb?
- We list 3 related publications on this page (citations in our corpus or others sharing the same primary CPC).