Enhancements to transaction processing in a secure environment

Abstract

Embodiments of the present invention are directed to methods, systems, and apparatuses for performing a secure authentication process to authenticate a payment device used in a transaction between a merchant and a user. The secure authentication process may receive an authentication request message including user data, user computing device data and transaction data to verify that an account is enrolled in the secure authentication process and perform a risk analysis to determine whether the transaction should be authenticated.

Description

CROSS-REFERENCES TO RELATED APPLICATIONS[0001]This application claims the benefit of priority U.S. Provisional Application No. 61 / 897,167, filed Oct. 29, 2013, titled “ENHANCEMENTS TO TRANSACTION PROCESSING IN A SECURE ENVIRONMENT,” and U.S. Provisional Application No. 61 / 936,298, filed Feb. 5, 2014, titled “ENHANCED DEVICE DATA FOR PROCESSING IN A SECURE ENVIRONMENT,” which are incorporated by reference in their entirety for all purposes.[0002]This application is related to co-pending U.S. patent application Ser. No. ______ (Attorney Docket No. 79900-922590), which is being filed on the same day as the present application, titled “ENHANCEMENTS TO TRANSACTION PROCESSING IN A SECURE ENVIRONMENT USING A MERCHANT COMPUTER,” which is incorporated by reference in its entirety for all purposes.BACKGROUND[0003]The Internet has made it increasingly easy for users to conduct electronic commerce transactions (e.g., online purchases). Users can perform transactions using computing devices, suc...

AI Technical Summary

Benefits of technology

The invention relates to a method, system, and apparatus for authenticating transactions using a single message pair sent by a user computing device to an authentication program. The technical effects of the invention include improved security and efficiency in authenticating transactions and reducing the risk of fraud. Additionally, the invention allows for the verification value to be generated and sent to the user computing device in response to a challenge request, further increasing the security of the transaction.

Problems solved by technology

However, it has also increased the risks to merchants and issuers from fraudulent transactions.

Transactions conducted over a communications network, such as the Internet, make it very difficult for a merchant, issuer or payment processing network to know whether the person conducting the transaction is the actual account holder or user.

One problem with the prior solution is that the process of sending and receiving enrollment verification messages and then conducting a second process of sending and receiving payment authentication messages may be time-consuming and resource-consuming as it requires many messages being passed between computers.

In addition, the prior art solution creates friction that slows down transaction processing as every transaction must include a challenge process that requires user interaction to provide a password to authenticate every transaction.

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