302 results about "Payment transaction" patented technology

Systems and methods for purchasing (typically under a factoring model but other models are still possible), on a selected basis, declined payment transactions; receive, for assessment, the failed payment transaction via API; enrich the data received for the failed transaction with external and internal data; define, via one or more predictive models, the expected cause of payment failure; define, via the one or more predictive models the probability of successfully process in the following days the transactions successfully, calculating the associated cost of risk; interact in real-time with the customer where needed; confirm to the party invoking the service, for each transaction sent for assessment, the purchase or not of the failed payment transaction.

Embodiments provide artificial intelligence methods and systems for evaluating vulnerability risks of issuer authorization system. Method performed by a server system includes accessing a set of payment transaction data including subset of fraudulent transaction data. Method includes generating via a machine learning model, set of synthetic transaction data based on the subset of fraudulent transaction data. Method includes accessing set of historical card velocity features and collating the set of synthetic transaction data and the set of historical card velocity features to generate set of enriched synthetic transaction data. Method includes extracting via a classifier, subset of feasible fraudulent transaction data from the set of enriched synthetic transaction data. Method includes generating simulated authorization model based on the set of payment transaction data. Method includes classifying via simulated authorization model, each enriched synthetic transaction from the subset of feasible fraudulent transaction data as one of fraudulent transaction and non-fraudulent transaction.

The technology described herein relates to systems, methods, and computer storage media, among other things, for determining whether an electronic transmission (e.g., associated with an electronic payment transaction) should be blocked (e.g., based on being a fraudulent transaction). In embodiments, a policy-based reinforcement learning risk decision agent is used to make these determinations for a plurality of stages associated with the electronic payment transaction (e.g., a pre-authorization stage, a post-authorization stage, and a delay-captured stage). The policy-based reinforcement learning risk decision agent can be trained using previous electronic payment transaction data for previous electronic payment transactions. For example, this particular agent can be trained using pre-authorization electronic payment transaction data, post-authorization electronic payment transaction data, and delay-captured electronic payment transaction data for each of the previous electronic payment transactions.

The invention provides a data transaction system, and relates to the technical field of block chains, and the data transaction system comprises a data providing device, a data purchasing device, a transaction device, a block chain device and an interstellar file system. The data providing device sends encrypted data to the interstellar file system and issues an intelligent contract to the block chain device; the data purchasing equipment sends a payment request and a payment transaction fund to the transaction equipment; the transaction device generates a payment voucher and sends the payment voucher to the data purchasing device; the data purchasing device generates a payment statement and sends a data access application to the data providing device; the data providing device generates a temporary key, generates a data access credential and sends the data access credential to the transaction device; the transaction device pays transaction money to the data providing device, generates a data access statement and sends the data access statement to the data purchasing device; and the data purchasing device obtains the access token, obtains the encrypted data, and decrypts the encrypted data by using the temporary key to obtain the to-be-transacted data.

The present invention relates to a method for facilitating electronic transactions between transmitting bank entity and a receiving bank entity made by a user. The method involves receiving payment details from a user through a user interface and initiating a transaction request using these payment details by the transmitting bank entity. The transaction request is then transmitted to a receiving bank entity, which processes the request to determine transaction approval based on the provided payment details. The receiving bank entity subsequently sends a transaction response to the transmitting bank entity, indicating approval or denial of the transaction request, back to the transaction processing system. Finally, the user is notified of the transaction response via the user interface. Disclosed embodiments optimize and streamline the electronic transaction process, ensuring efficient and secure handling of payment details and transaction requests between bank entities.

The embodiment of the invention provides a transaction method and transaction system based on a digital currency hard wallet, and the method comprises the steps: an industry terminal transmits a feature negotiation request to an interactive hard wallet; in response to the fact that the hard wallet receives a successfully matched feature negotiation result determined by the hard wallet according to the feature negotiation request and the features of the hard wallet, the industry terminal generates a first authentication key by using a security algorithm; the industry terminal initiates bidirectional authentication verification with the hard wallet, information sent by the hard wallet is verified by using the first authentication key, and information sent by the industry terminal is verified by the hard wallet by using a second authentication key generated by a security algorithm; and in response to a result that the bidirectional authentication verification is passed, the industry terminal executes an industry data rewriting operation on the hard wallet and completes the transaction service, and after the transaction service is completed, the industry terminal sends the transaction data to the hard wallet. And the transaction information is sent to the associated operation mechanism system through the industry background system, so that the associated operation mechanism system carries out payment transaction processing according to the transaction information.

Processing a payment transaction from a payer (operating a payer computing system) to a payee (operating a merchant computing system) by a secure computing system. The secure computing system outputs a financial account registration request form to the payer computing system (e.g., within a window or frame that is displayed within an ecommerce webpage provided by the merchant computing system) for the payer to provide sensitive financial account information, securely stores the sensitive financial account information, maintains compliance with an information security standard (e.g., a Payment Card Industry Data Security Standard), and provides a non-sensitive electronic data token representing the sensitive financial account information to the merchant computing system. The merchant computing system can then process the payment transaction using the sensitive financial account information represented by the non-sensitive electronic data token without actually receiving—and, therefore, having to secure—the underlying sensitive financial account information.

Method for managing payment transactions associated with a task completion includes receiving a service assignment and a digital coin value associated with the service assignment over a network from a first computing device associated with a first user, and sending the service assignment over the network for display on a second computing device associated with a second user. The method also includes receiving notification from the second user that the assigned service has been completed, and transferring digital coins equal to the digital coin value of the service assignment from a first digital wallet associated with the first user to a second digital wallet associated with the second user. The method further includes recording the transfer of the one or more digital coins in the digital coin ledger, and applying the one or more digital coins in the second digital wallet to acquire a purchase item.

Systems and methods are described related to using flexible circuitry in a payment device. In one embodiment, a payment device comprises a computing device and a memory. The computing device is configured to store a biometric identifier associated with a transaction account. The computing device is configured to at least receive, by the antenna, an interrogation signal from a point of sale (POS) device in order to activate the payment device for a payment transaction. The computing device is configured to determine a scanned fingerprint identifier of a user based at least in part on the interrogation signal activating the payment device and authenticate the scanned fingerprint identifier by matching the scanned fingerprint identifier to the biometric identifier. The transaction account is transmitted to the POS device for processing the payment transaction based at least in part on the authentication of the scanned fingerprint identifier.

The invention provides a mobile payment end-to-end encryption communication method based on anti-quantum computing, and the method comprises the steps: obtaining payment transaction data of a client, splitting the payment transaction data according to payment fields, binding a corresponding user operation behavior tag for each payment field, and generating a field behavior pair; encrypting by using an anti-quantum encryption algorithm to generate a disturbance encryption ciphertext set; combining the disturbance encryption ciphertext set with the user operation behavior label and the channel number to form a structured ciphertext unit, and transmitting the structured ciphertext unit to a server; and determining whether the decrypted payment field and the user operation behavior tag conform to a predefined legal transaction process, if so, executing the transaction, and otherwise, refusing the transaction. Through the collaborative design of coding, replacement, encryption, label verification and inverse replacement decryption, anti-quantum security and transaction behavior control are deeply fused, the deployability and reproducibility of the scheme are ensured, and the overall security level of mobile payment is remarkably improved under the existing hardware condition.

Systems, apparatuses, methods, and computer program products are disclosed for geofence-based induction charging system. An example method includes identifying an EV by validating vehicle parameters using vehicle identification circuitry and identifying a geofence charging area by comparing vehicle geolocation data with geofence area data using geofence circuitry. The example method further includes generating an entry token and an exit token for the EV using token generation circuitry, and generating a charging transaction for the EV based on the entry token and the exit token using payment transaction circuitry. The entry token comprises at least one or more of a vehicle identifier, an entry timestamp, an entry location, or an entry power level, and the exit token comprises at least one or more of the vehicle identifier, an exit timestamp, an exit location, an updated self-charging rate, an updated power consumption rate, or an exit power level.

The invention discloses an NFC-based payment communication method and an application thereof in a payment transaction terminal, the scheme can be used for transaction interaction of the payment transaction terminal in a card reader mode and an NFC TAG mode, when the terminal is in the NFC TAG mode, different guides are provided by identifying an operating system of payment terminal equipment serving as card reading equipment, and the payment terminal equipment is more convenient to use. The convenience and intelligence of the application payment means are improved; according to the scheme, in combination with the characteristics of equipment operating system identification and equipment moving, corresponding voice or UI prompts are given when transaction is not completed for a long time and equipment which identifies an IOS system is subjected to transaction, in order to prevent a single order from being paid by multiple pieces of equipment, emptying is carried out after it is confirmed that the content of the NFC tag is completely read, and the payment efficiency is improved. And the transaction reliability and convenience are improved. And when the terminal is in the card reader mode, whether the transaction card is an entity card is distinguished according to the card searching instruction, and the transaction result is returned to the application layer, so that a self-adaptive security policy is provided.

A secure payment transaction device, includes one or more monetary value tokens of a monetary value token system; a monetary value token management unit adapted to directly exchange monetary value tokens in transactions of the monetary value token system; an updating unit for updating data of the secure payment transaction device. An online authentication information of an online digital money system can be added to the secure payment transaction device via the updating unit thereby enabling use of the secure payment transaction device in the online digital money system.

A computing system for applying post-authorization modeling tools to a payment transaction for enhancing a decision intelligence (DI) score is disclosed. The computing system is configured to: (i) build a pre-authorization and a post-authorization model to analyze backward velocities and forward velocities; (ii) receive an authorization message for a current transaction; (iv) input into the pre-authorization model current transaction data and the backward velocities for the current transaction to output a DI score; (v) based upon the DI score, authorize the current transaction; (vi) continuously monitor a data feed for a predefined period of time after authorizing the current transaction; (viii) update a data register to include the forward velocities for any post-authorization transactions received during the predefined period of time; (ix) update the DI score for the current transaction by inputting the forward velocities into the post-authorization model to transmit the updated DI score to the merchant.

A system and method authenticate payment transactions using risk based analysis modeling when multiple payment accounts are identified by input biometric data. An authentication request includes the biometric data associated with a user. Multiple user payment accounts associated with the biometric data are identified. A confidence score is generated for each of the multiple user payment accounts based on context data associated with the payment transaction. The payment account with the highest confidence score is selected. The selected payment account is authenticated for use in processing the payment transaction to ensure payment transactions are performed on the correct payment account.

A system for monitoring shopping carts uses cameras to generate images of the carts moving in a store. In some implementations, cameras may additionally or alternatively be mounted to the shopping carts and configured to image cart contents. The system may use the collected image data, and / or other types of sensor data (such as the store location at which an item was added to the basket), to classify items detected in the shopping carts. For example, a trained machine learning model may classify item in a cart as “non-merchandise,”“high theft risk merchandise,”“electronics merchandise,” etc. When a shopping cart approaches a store exit without any indication of an associated payment transaction, the system may use the associated item classification data, optionally in combination with other data such as cart path data, to determine whether to execute an anti-theft action, such as locking a cart wheel or activating a store alarm. The system may also compare the classifications of cart contents to payment transaction records (or summaries thereof) to, e.g., detect underpayment events.

The present invention relates to methods and systems for processing a payment transaction, and particularly for providing settlement of payment transactions. There is provided a computer implemented method for processing a payment transaction. The method comprises: receiving, at an issuer (210; 310; 410; 510; 602), a payment authorisation request (212; 326; 610) for a payment transaction (204; 320) between a payer (202; 302; 402; 502) and a payee (206; 306; 406; 606) initiated via a card payment network (214; 314; 414; 514), the payment authorisation request (212; 326; 610)comprising digital currency network details for a receiving party; comparing (332), at the issuer (210; 310; 410; 510; 602), payer digital currency network details with the receiving party digital currency network details, in order to determine if there is a common digital currency network between the payer (202; 302; 402; 502) and receiving party; and, in the event that the common digital currency network can be determined, instructing (420; 520) the payment to be settled via the common digital currency network.

Provided herein are systems and methods for authenticating users during payment transactions and other types of interaction events using biometric information. The disclosed systems involve a biometric orchestration platform that receives biometric data of a user from a biometric module or device, intelligently routes this data to a biometric verification service, and retrieves a positive identification if a match is found. This identification is then used in various ways, e.g., to retrieve a payment card token linked to the user's authorized payment method.

The invention relates to the technical field of cross-border payment, and discloses a cross-border payment transaction risk control method based on a block chain, and the method comprises the following steps: constructing a federated learning model, deploying a local training node by a participation mechanism, transmitting gradient parameters through 256-bit homomorphic encryption, and avoiding the cross-border transmission of original data; constructing a customized circuit based on Li bsnk, and verifying the validity of gradient parameters and the legality of identities of participants; constructing an account-transaction-IP three-dimensional map, updating node association weights in real time, identifying a fund loop by adopting a GraphSAGE algorithm, and detecting space-time anomalies in combination with an LOF algorithm; the federal learning model outputs a real-time risk score, and the real-time risk score is fused with an atlas analysis result to realize millisecond risk interception; and block chain evidence storage. According to the method, through a federated learning model (FedProx algorithm) and 256-bit homomorphic encryption, safe aggregation of gradient parameters is realized, the problem of data islands is solved, compliance risks of original data cross-border transmission are avoided, and a cross-machine data system is realized.

This product is used in POS machines for financial payment and can support the processing of financial payment transactions such as scan code, unconnected cards, IC cards, and magnetic stripe cards.

Disclosed in the present application are a social information pushing method, a related apparatus, a device and a storage medium. The method of the present application comprises: in response to a payment transaction request, acquiring a consumption feature vector corresponding to a target user account, the payment transaction request carrying the target user account and device location information; on the basis of the device location information and the consumption feature vector corresponding to the target user account, determining M user accounts; on the basis of the device location information, determining N pieces of recommended location information; and pushing social information to at least two terminals, the at least two terminals comprising a target terminal and at least one terminal, the target terminal having logged into the target user account, each of the at least one terminal having logged into one of the M user accounts, and the social information comprising the N pieces of recommended location information. The present application reduces the social cost of users and can also improve the accuracy of social matching.

The invention relates to a transaction method comprising the steps of: during a payment transaction between a customer and a merchant (ML1), establishing a communication link between a payment terminal (TP1) of the merchant and a mobile terminal (MT1) of the customer; acquiring, via the payment terminal (TP1), a payment device identifier (CI1); transmitting transaction data to a server (PSRV); transmitting, via the server, to the customer's terminal an access link (PNLK) to an application (WP); upon activation of the access link, transmitting, via the mobile terminal, to the server, an access request to the application containing the access link and the payment device identifier; upon receipt of the access request, generating and transmitting, via the server, a progressive web application to the mobile terminal; and receiving and executing the application via the mobile terminal. Figure 2

A computer-implemented method of facilitating payments between multiple first parties and a second party, comprising: executing a respective payment channel between each respective first party and an intermediate party by: obtaining a channel opening transaction comprising an output locking a maximum value; obtaining one or more channel closing transactions including a final channel closing transaction, the final channel closing transaction comprising a first output and a second output, the first output locking a first amount of the maximum value, and second output locking a second amount of the maximum value; and generating a payment transaction, wherein the payment transaction comprises a plurality of inputs, each input referencing a second output of a final channel closing transaction, and an output locked to a public key of the second party, the output locking a value based on a total of the second amounts locked by the second outputs.

A computer-based network system and method for using a payment vehicle having an on and off function. The system comprises a payment vehicle comprising an on and off function to enable or to disable the payment vehicle in the computer-based network for processing an electronic payment transaction, a holder of the payment vehicle, and a computer payment network wherein the computer payment network comprises a transaction engine for enabling or for disabling the payment vehicle at a request of the holder of the payment vehicle.

The present application relates to the field of offline payment, and discloses a stereo garage offline payment method and system based on multi-scene recognition, comprising the following steps: based on multi-source recognition technology, analyzing the license plate number, parking time and position of the vehicle, and combining various algorithms to accurately calculate the parking fee of the vehicle. Vehicle information is preset in advance, and when the vehicle leaves, the vehicle information is retrieved in the database, offline payment is automatically performed, offline payment threat analysis and security optimization are performed during the offline payment transaction, and finally the offline payment transaction record is synchronized to the server for checking and correcting by the vehicle owner. The present application can calculate the fee of the vehicle parked in the stereo garage through multi-scene vehicle recognition, and perform offline payment and transaction monitoring and processing on the vehicle, thereby improving the use convenience of the stereo garage, ensuring the smooth payment in the case of network interruption, and improving the security of the transaction.

A computer-implemented method includes: storing, by a payment application, payment device data including: first and second payment device identifiers and first and second wallet identifiers corresponding to first and second electronic wallets in which first and second payment device credentials of first and second payment devices are respectively stored; initiating a payment transaction with a merchant system; displaying the first and second payment device identifiers; receiving a user input from the user of the user device, the user input comprising a selection of the first payment device identifier; determining that the first electronic wallet includes the first payment device credentials of the first payment device; and facilitating a transfer of payment data between the merchant system and the first electronic wallet to initiate processing of the payment transaction.

Systems, methods, and non-transient machine-interpretable data representing executable instruction sets and / or other products for the processing of data for the secure creation, administration, manipulation, processing, and storage of electronic data useful in the processing of payment transactions and other secure data processes. In various aspects and embodiments the disclosure provides secure means for the authorization of sensitive and other data processes subject to controlled access. Such processes include, for example the creation, administration, authorization, virtualization, storage, and other manipulation or processing of electronic data representing characteristics of, instructions for, and information associated with consumer, business, and other payment accounts, and other forms of secure payment elements, such as payment tokens; and data useful in processing transactions using such accounts and elements.

To provide a payment transaction management device, a payment transaction management method, and a payment transaction management program that can reduce the workload of the person in charge in payment transactions, regardless of whether the payment is paid or free of charge. [Solution] The supply transaction management device according to this embodiment includes a manufacturing instruction master 106c which registers the goods processed by the processor, the manufacturing destination which is the processor, the goods supplied to the processor, and a supply classification which specifies whether the goods are supplied free of charge or for a fee, and a supply performance calculation processing unit 102a which uses the goods supplied and the recipient of the supply performance data as keys to obtain the supply classification from the manufacturing instruction master 106c and update the supply classification in the supply performance data.

Methods, system and devices for managing loyalty incentive schemes are provided. In particular, payment terminals are provided that each comprise an electronic screen for displaying information to a user relating to a payment transaction, data input means, including at least one payment instrument interface for interfacing with a customer payment instrument, and at least one telecommunication module. A terminal management server is provided for managing the operation of the payment terminals. An incentive management server is also provided, for managing incentives to be applied at the payment terminals.

Various systems and methods of anonymously conducting a secured payment transaction between a consumer and a merchant are disclosed. The methods can be carried out at a transaction code computer in communication with an alias directory. According to the method a transaction code computer receives a request for a dynamic transaction code from a merchant computer. The request includes a merchant alias identifier. The transaction code computer queries an alias directory storing merchant information details. The transaction code computer validates the merchant with the alias directory based on the merchant alias identifier. The transaction code computer generates the dynamic transaction code and transmits a response to the request for the dynamic transaction code to the merchant computer.