4327results about "Payment protocols" patented technology

Disclosed is a method and apparatus of securely providing data to a user's system. The data is encrypted so as to only be decryptable by a data decrypting key, the data decrypting key being encrypted using a first public key, and the encrypted data being accessible to the user's system, the method comprising the steps of: transferring the encrypted data decrypting key to a clearing house that possesses a first private key, which corresponds to the first public key; decrypting the data decrypting key using the first private key; re-encrypting the data decrypting key using a second public key; transferring the re-encrypted data decrypting key to the user's system, the user's system possessing a second private key, which corresponds to the second public key; and decrypting the re-encrypted data decrypting key using the second private key.

The apparatus and method of the present invention provide secure auction service for use in a network having servers and bidding terminals. The auction service makes transactions among servers and bidding terminals subject to a distributed protocol. The distributed protocol distributes submitted bids among the multiple servers, closes a bidding period, verifies validity of monetary value of each submitted bid by utilizing said distributed protocol and determines a winning bidder.

Techniques for enhancing the security of a communication device when conducting a transaction using the communication device may include encrypting account information with a first encryption key to generate a second encryption key, and encrypting key index information using the second key to generate a limited-use key (LUK). The key index information may include a key index having information pertaining to generation of the LUK. The LUK and the key index can be provided to the communication device to facilitate generation of a transaction cryptogram for a transaction conducted using the communication device, and the transaction can be authorized based on the transaction cryptogram generated from the LUK.

An apparatus is provided for tracking individual user consumer transactions which provides the user with an eraseable, re-writeable, visual format display while avoiding retrieval of data from an outside source.

Systems and methods for performing financial transactions are provided. In one embodiment, the invention provides for method for bank card transactions, including: reading the token information at the point of swipe for traditional and non-traditional POS platforms; performing a low-security task on the token information using a first microprocessor, wherein the non-security task includes one or more tasks from the group of encryption determination, encryption-decryption request, key management, token information delivery, or transactional data delivery; and performing a security-related task on the token information using a second microprocessor based on a request from the first microprocessor, wherein the security-related task includes one or more tasks from the group of token information authentication, token information decryption, or token information encryption. Formatting the encrypted information such that it is compatible with the format of the current POS system.

Systems, apparatuses, and methods are provided for enabling a transaction using a token associated with a first payment network to be conducted using a second payment network. When a transaction using a token is submitted to a payment network, the payment network can determine the payment network associated with the token. If the token is associated with a second payment network, a token verification request including the token can be sent to the second payment network. The second payment network can then return a token verification response including a primary account identifier such as a primary account number (PAN) corresponding to the token and a validation result. The transaction may then be processed using the primary account identifier.

The present disclosure describes a method in which an encrypted request to transfer a requested amount of cryptocurrency from a user address to a destination address is received. The request includes a destination address, a requested amount, a user device encryption key, and biometric data. A partially signed transaction to transfer a requested amount of cryptocurrency from the user address to the destination address is also received. The partially signed transaction is cryptographically signed and a multi-signed transaction is broadcast to a cryptocurrency network to transfer the requested amount of cryptocurrency from the user address to the destination address.

Embodiments of the present invention are directed to methods, apparatuses, computer readable media and systems for securely processing remote transactions. One embodiment of the invention is directed to a method of processing a remote transaction initiated by a mobile device. The method comprises receiving, by a mobile payment application on a secure memory of the mobile device, transaction data from a transaction processor application on the mobile device. The method further comprises validating that the transaction processor application is authentic and in response to validating the transaction processor application, providing encrypted payment credentials to the transaction processor application. The transaction processor application further initiates a payment transaction with a transaction processor server computer using the encrypted payment credentials.

Techniques for enhancing the security of a communication device when conducting a transaction using the communication device may include using a limited-use key (LUK) to generate a transaction cryptogram, and sending a token instead of a real account identifier and the transaction cryptogram to an access device to conduct the transaction. The LUK may be associated with a set of one or more limited-use thresholds that limits usage of the LUK, and the transaction can be authorized based on at least whether usage of the LUK has exceeded the set of one or more limited-use thresholds.

<heading lvl="0">Abstract of Disclosure</heading> An integrated suite of services for consumers, service providers and manufacturers in the pharmaceutical industry is disclosed. The present invention utilizes one or more of the NCPDP standard formats and adopts the switch for an integrated system of, for example, instant adjudication of prescriptions, consumer data warehousing and/or incentive rewards for the consumer. A participating consumer with one card, can instantly purchase pharmaceuticals and charge the transaction to a credit card and earn and apply savings dollars redeemable for pharmaceutical purchases. For a participating service provider, instant adjudication and instant validation of consumer eligibility can be performed. Moreover, a service provider may receive messages related to the patient's medications. Significantly, data is recorded for consumers even when consumers make the pharmaceutical purchase with cash. The system includes a unique card issued to participating consumers. The card is adapted to encode conventional credit or debit card information specific to the participating consumer so that the consumer can consummate a transaction for the purchase of pharmaceuticals without possession of an additional credit card. The system further includes a host processor coupled to the point of sale at the service provider through a leased line or public switch network or the like. When a customer performs a pharmaceutical transaction at the point of sale of the service provider, the host processor coordinates any benefits and data with other prescription benefit management systems through messages transmitted and received from any primary or secondary carrier systems. The host processor further is adapted to facilitate real-time adjudication of claims and checks for any dangerous drug-to-drug interactions. The host processor additionally facilitates any financial processing including the accumulation and redemption of any bonus dollars earned by the consumer. Furthermore, since the card used by the consumer can be encoded with credit or debit card information, the host processor determines the desired payment method and performs the actual financial transaction. Even if the transaction at the point of sale is a cash purchase, the consumer may desire to use his unique card for the accrual of bonus dollars. Therefore, data concerning the transaction (i.e., pharmacy number, prescription number, etc.) can be recorded even for transactions conducted with cash.

The present invention provides a method and system for securing sensitive data from unauthorized access or use. The method and system of the present invention is useful in a wide variety of settings, including commercial settings generally available to the public which may be extremely large or small with respect to the number of users. The method and system of the present invention is also useful in a more private setting, such as with a corporation or governmental agency, as well as between corporation, governmental agencies or any other entity.

Methods, devices, and systems are provided for verifying tokens using limited-use certificates. For example, a user device can send a token request to a token provider computer, and receive in response a token and a token certificate associated with the token. The token certificate may include, for example, a hash of the token and a digital signature by the token provider computer or another trusted entity. The user device can provide the token and the token certificate to an access device. The access device can verify the token using the token certificate, and verify the token certificate using a digital signature. In some cases, the token and token certificate may be verified offline. The access device can then conduct a transaction using the token.

A content provider 101 distributes a secure container 104 storing content data encrypted using content key data, content key data encrypted using distribution key data, and encrypted usage control policy data indicating the handling of the content data to a SAM 105₁ of a user home network 103 etc. The SAM 105₁ etc. decrypts the content data and usage control policy data stored in the secure container 104 and determines the purchase mode and usage mode and other handling of the content data based on said decrypted usage control policy data.

Conducting mobile transactions comprises determining, using a processor, whether a network is available to facilitate a mobile transaction. An interface, communicatively coupled to the processor, receives an encrypted token from a mobile device without using the network if the network is not available. The processor is further operable to process the encrypted token to complete the mobile transaction.

A electronic monetary system comprising a mobile communication unit as an electronic wallet for transactions including electronic payments, money transfer, and recharging the electronic account. The security of the electronic transactions is confirmed by circulating a confirmation number through a loop formed by an E-wallet managing server through the wireless network to the mobile communication unit of the user.

Trusted entity authentication includes creating a public-private pair in a secure environment; storing the private key within a device during its manufacture in the secure environment; linking the public key with other information in the secure environment, receiving input within the device comprising verification data of an entity, identifying within the device a verification status based on the verification data and data prestored within the device; independent of the verification status identified, generating a digital signature for a message including an indication of the identified verification status using the private key; outputting the digital signature for transmission with an EC; identifying upon receipt of the EC the information linked with the public key by authenticating the message with the public key, and considering the identified information and the indicated verification status. The linked information includes device security aspects and the verification status regards entity authentication performed by the device.

Embodiments of the present invention are directed to methods and systems for providing a payment token issuance system using account issuer-defined payment token request rules generated and stored by a token issuer computer. The token issuer computer allows an account issuer to define payment token request rules, and the token issuer computer can automatically apply the payment token request rules to a payment token request without requiring additional decisioning by the account issuer.

The invention discloses a block chain network, a branch node and a block chain network application method. The block chain network comprises a plurality of nodes used for separately storing blocks comprising recorded data and linking the blocks to form a block chain; the plurality of nodes comprise at least one branch node used for: when recorded data submitted by a specific user are received, sending the recorded data to other nodes in the block chain network, and returning a recorded data submission result to the specific user according to the number of effective confirmation results returned by other nodes for the recorded data; and the branch node is further used for: when a request of creating a new block of the specific user is received, sending the new block to the other nodes in the block chain network, and returning a result of creating the new block to the specific user according to verification results of the other nodes to the new block. By implementation of the block chain network disclosed by the invention, the implementation of the block chain technology on a mobile terminal of a user side is achieved, the application range of the block chain is expanded, and the resources of the mobile terminal of the user side can be saved.

Embodiments of the present invention are directed to methods and systems for managing a cryptocurrency payment network comprising one or more issuer nodes and one or more distributor nodes. Issuer nodes may be granted different rights from distributor nodes with respect to the issuance and distribution of digital currency within the cryptocurrency payment network. A management system server computer may generate unique node verification key pairs for each node in the cryptocurrency payment network, where the node verification key pairs may be used to identify and authenticate issuer nodes and distributor nodes.

Embodiments of the present invention provide a system for utilizing one or more decentralized applications to allow entities to interface with a blockchain for the purposes of conducting a resource transfer. Typically, the blockchain is a permissioned blockchain which may be accessed only by the entities involved in the resource transfer. The decentralized applications may communicate with the legacy systems within each entity through an application programming interface (API) such that the data stored on the legacy systems may be governed by the blockchain. This ensures the authenticity of the data stored on the legacy systems while preventing the possibility of disparate versions of data being created over time.

The invention relates to a method for generating a two-dimensional code and implementing mobile payment by a mobile phone. A user can input various payment card information (such as bank card account numbers, credit card account numbers, prepaid card account numbers, and third party payment user account numbers) into the mobile phone, the information is enciphered and stored, and then the two-dimensional code is generated and displayed on a screen of the mobile phone. A merchant scans a pattern of the two-dimensional code through a two-dimensional code identifying and reading device, and after user authentication information (such as two-dimensional code generation time, mobile phone fingerprints and mobile phone positions) and the payment card information are decoded, the user authentication information, the payment card information, consumption amount information of the user, merchant account number information and the like are enciphered and sent to a corresponding payment and settlement system. After receiving the information, a payment and settlement server confirms the payment card information to be true or false according to the two-dimensional code authentication information, and carries out payment transaction. The method has the main advantage that the user can save the information of various payment cards, consumption cards and the like in the mobile phone and realize no-card electronic payment transaction instead of the various payment cards.

The present invention is directed to a method and management service platform for implementing a global ecosystem of interrelated services. The service platform is comprised of three distinct layers: a physical machine layer; a virtual machine layer and a layer of interrelated services. The physical machine layer may be deployed on large numbers of small generic servers in many geographic locations distributed for enterprise use. Associated with one or more servers are particular resources managed by that particular server. Any server in any geographic location can process any service needed by any client in any other geographic area. The operating system of each physical server is not used directly in the operating environment, but instead, each server runs a platform-independent programming language virtual machine on top of the operating system—this is the virtual machine layer. Services are location independent processing entities that are managed dynamically, configured dynamically, load their code remotely, and found and communicated with dynamically. A generic service container is a CPU process into which arbitrary software services may be homed to a host server at runtime. Thus, a virtual machine layer is an interface layer of service which supports the layer of interrelated srvices rather than the operating system of the physical machines.

A system for providing a wide range of telecommunications initiated data fulfillment services in which a multi-function code, such as “*#” (star, pound), input into an originating telecommunications device, such as a conventional land-line or wireless telephone, triggers the treatment of the input sequence as a multi-function code service request rather than a dialed directory number. The multi-function code is followed by an input data string to complete the multi-function code service request, which the user typically enters into the telecommunications device just like a conventional telephone call, except that the input string begins with the multi-function code. The telecommunications system recognizes the multi-function code as a trigger, and in response takes one or more actions, such as automatically terminating the call to an announcement and routing a data message to a data fulfillment center, which responds to the message by implementing a response action indicated by the multi-function code service request. For example, the data fulfillment center may respond by transmitting a message over a wireless data network or the Internet to implement a service, such as activation of a vending machine, remote control of device, delivery of a message over the Internet or wireless data network, initiation of an interactive Internet session with the originating device, or a wide range of other services. In addition, a charge for this service may be automatically charged to an account associated with the originating telecommunications device, which may be billed separately or incorporated on the user's conventional monthly telecommunications invoice.

In order to distribute coupons to a consumer computer a link is established with a coupon server, in response to which the coupon server transmits a file containing a list of participating retail outlets. In response to the consumer's selection of a retail outlet, the coupon server transmits a file containing the inventory of goods offered for sale by the selected retail outlet and data representative of the physical layout of the selected retail outlet indicating the aisle location of the goods. The inventory is displayed by the consumer computer such that each item of goods is individually selectable. The consumer may thus enter a shopping list by selecting one or more items of goods he or she intends to purchase at the selected retail outlet. In response to the selection of goods, the coupon server transmits to the consumer computer a file containing electronic coupons corresponding to one or more of the selected goods and a file containing data identifying the aisle location in the selected retail outlet of the goods selected by the consumer.

Systems and methods are provided for recording ownership information in a distributed ledger (such as a blockchain), and for performing application processing utilizing the distributed ledger. An example server computer system is configured to: record on a blockchain ownership information of an asset; to configure, for each owner of the asset, a digital wallet associated with a private cryptographic key and at least one blockchain address; using a blockchain address from a digital wallet to access ownership information in the blockchain; perform application processing using the accessed ownership information; and record in the blockchain, updated ownership information or other information associated with the ownership information in accordance with the performed application processing.

A system and method for payment is provided, wherein consumers pay their bills at supermarkets, large retail chain, or other stores and receive immediate credit from billers for their payments. Payments are made using a bar code printed on the bill or sent to the consumer, e.g., by fax or email. The biller receives good payment funds, deposited directly into his bank account, and error-free electronic payment data for consumer bill payments by the very next business day. The biller backdates the received bill payments to the time and date the consumer actually paid, regardless of the time that the payment data takes to post to the biller's accounts receivable system. In another aspect, a method for person-to-person money transfers is provided, wherein a bar coded deposit slip, card, or other printout permits a sender to remit finds directly into a receiver's bank account, and such funds are quickly accessible for withdrawal at a nearby automated teller machine, or for a debit card purchase.

The invention relates to a block chain-based credit investigation data sharing and trading system. The credit investigation data sharing and trading system comprises at least two P2P network nodes; each network node comprises an underlying block chain system and a credit investigation data sharing platform running in the underlying block chain system; and the credit investigation data sharing platform comprises a data sharing module, a data query trading module, a member management module and a block chain adaption layer. According to the credit investigation data sharing and trading system, a trusted credit investigation data sharing and trading platform is established by using a block chain technology; and special data sharing mechanism, data query mechanism and data trading mechanism are used, so that credit investigation data owners and credit investigation data demanders can be attracted to perform use, credit investigation data providers can perform data trading under the condition that data is protected, and credit investigation data queriers can obtain the credit investigation data to improve risk control levels of themselves.

Methods of paying user bills on behalf of a user are described. In one embodiment, the method includes receiving from a vendor a user bill having a user identifier, a vendor identifier, and a bill amount. The method further includes obtaining the user identifier, the vendor identifier, and the bill amount, associating the bill with the user based on the user identifier, and associating the bill with the vendor based on the vendor identifier. The method further includes determining whether the bill is payable, which includes comparing the bill to stored bill data associated with the user and the vendor. When the bill is payable, the method further includes obtaining funds from an account of the user, dispersing funds to the vendor to pay the bill and storing an indication of the paying of the bill.

Systems and methods are described for implementing blockchain-based content engagement platforms. In several embodiments, the content engagement platform includes a registry service which enables verified content creators to mint Non-Fungible Tokens (NFTs). In many embodiments, media wallet applications enable users to securely store NFTs and/or other tokens on their devices. In a number of embodiments, the media wallet applications collect data concerning media consumed by users and aggregate the media consumption data in a permissioned analytics blockchain. The manner in which the media consumption data is stored can enable users to control permission to access their personal data. In one embodiment, a media wallet is provided that can securely store NFTs, display a user interface through which user instructions concerning data access permissions are received, and cause media consumption data to be written to at least one immutable ledger in conjunction with a set of data access permissions.

Embodiments of the invention relate to a system and method for real-time validation and redemption of paper and electronic coupons; electronic coupon distribution; electronic clearing and reporting of paper and electronic coupon redemptions; and an “Universal Club Card” that combines coupon scanning, coupon redemption, coupon distribution, loyalty cards, club cards, gift cards, frequent shopper programs, store credits and many other retail store promotions into one efficient and convenient portable scanning device.