Unlock instant, AI-driven research and patent intelligence for your innovation.

Dynamic verification method and system for card transactions

A transaction and transaction data technology, applied in the payment system, payment system structure, protocol authorization, etc., can solve the problems of data leakage, vulnerability to brute force cracking, etc., and achieve the effect of improving security and eliminating online fraud.

Active Publication Date: 2019-12-06
阿泰克控股有限公司
View PDF11 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Card data can be compromised on the user's end for any number of reasons (e.g., through keyloggers or phishing), data breaches at the issuing bank, acquiring bank, or merchant, or are vulnerable to brute-forcing

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Dynamic verification method and system for card transactions
  • Dynamic verification method and system for card transactions
  • Dynamic verification method and system for card transactions

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0060] Before explaining at least one embodiment of the present invention in detail, it should be understood that the application of the present invention is not necessarily limited to the construction details and arrangements of the components and / or methods described in the following description and / or shown in the drawings. . The present invention can have other embodiments, or can be practiced or executed in various ways.

[0061] As those skilled in the art will understand, various aspects of the present invention may be embodied as a system, a method or a computer program product. Therefore, the aspects of the present invention can take the form of a complete hardware embodiment, a complete software embodiment (including firmware, resident software, microcode, etc.), or an embodiment combining software and hardware. These aspects can generally be referred to as "Circuit", "module" or "system" in this article. In addition, aspects of the present invention may take the form...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

Disclosed are methods and systems for payment card transactions, where a Card Verification Value (CVV) or Card Verification Code (CVC) is generated dynamically as part of a tokenized session.

Description

[0001] Cross-reference related application documents [0002] This patent application relates to the co-owned U.S. Provisional Patent Application No. 62 / 510,781 filed on May 25, 2017 and named "Dynamic Verification Method And System For Card Transactions", and claims its priority, and its disclosure is incorporated by reference in its entirety Incorporated into this article. Technical field [0003] The invention relates to making card transactions safe. Background technique [0004] As shown in Figure 1A (front 10a) and 2B (rear 10b), on a traditional card, such as a credit card 10, CVV (Card Verification Value) / CVC (Card Verification Code) is a three-digit number 15 . CVV / CVC is printed on the back 10b of the card 10 and is usually used in online transactions. Generally, the card issuing processor will be based on the primary account number (PAN) 14, which is generally the 16-digit number imprinted in the card 10, which is best visible on the front side 10a, for example in FIG....

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/40G06Q20/00G06Q20/34
CPCG06Q20/34G06Q20/40G06Q20/4018G06Q20/4012G06Q20/40145
Inventor 文卡察沙·穆里达兰香木哈纳森·西亚加拉贾
Owner 阿泰克控股有限公司