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255 results about "Exchange of information" patented technology

In the area of tax policy, Exchange of Information is a critical tool in assuring compliance with tax codes. As the economy becomes increasingly globalized taxpayers gain greater freedom to move between countries and regions. Tax authorities, however, are restrained by national borders. In order for governments to ensure the proper application of their tax laws, the free and accurate exchange of information is critical. The OECD Centre for Tax Policy and Administration works to improve flow of information in this area and establish a legal framework to facilitate it.

Access Using a Mobile Device with an Accelerometer

Embodiments of the present invention are directed to systems, apparatuses and methods for using a mobile device with an accelerometer to gain access into a secured or restricted area. A first device and a second device interact by making physical contact with each other thereby generating interaction data that is representative of the physical interaction between the first and second device. The first and second device may be mobile phones. The second device may be a point of sale terminal, access point device, or any other stationary (i.e., in a fixed position) device positioned at a line, door, gate, or entrance. A server computer determines, based on interaction data, that the first device and the second device made physical contact. After determining that the first device and the second device made contact, communications may be initiated between the devices. Communications may relate an access transaction comprising an exchange of information, such as credentials, between a prospective entrant (operating the first device) and a gatekeeper (operating the second device) to verify that the prospective entrant is permitted or is not permitted access to a particular area that is secured or restricted by the gatekeeper. Other embodiments are direct to confirmation transactions. Access transaction and confirmation transactions may be combined with a financial transaction using a payment processing network.
Owner:VISA INT SERVICE ASSOC
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