Dynamic Payment Card Authentication via Processor-Driven Display
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Current methods for preventing unauthorized use of payment account data are inadequate, especially in non-face-to-face transactions, as they rely on static authentication data that can be vulnerable to various attacks, and compromised accounts require new card issuance with updated details, leading to additional expenses and inconvenience.
Innovation Solution
Incorporating a processor and display on a payment device that can dynamically change card data for each transaction, allowing the display of new payment and non-payment information, such as CVVs and logos, which can be updated externally or internally, ensuring that even if account information is compromised, the card can be rendered useless for further transactions without needing a new card.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If static authentication data is used on payment cards, then the card structure remains simple and manufacturing is easy, but security against fraud and counterfeiting deteriorates in non-face-to-face transactions
Solution Approach 1:
The patent implements dynamic authentication data that changes with each transaction. The card includes a processor and display that generate and display varying authentication data (such as CVV codes) for each transaction, making the static card structure dynamic in function. This resolves the contradiction by adding security through dynamic behavior without fundamentally changing the card's physical simplicity.
Solution Approach 2:
The patent changes the authentication parameter from static to dynamic. Instead of using a fixed CVV or authentication code printed on the card, the system generates different authentication data for each transaction based on transaction-specific parameters. This parameter change enhances security while maintaining the card's structural simplicity.
2Reliability
If static account data is used for authentication, then the system is simple and easy to operate, but vulnerability to hacking, skimming, and phishing increases
Solution Approach 1:
The system dynamically generates authentication data for each transaction, making the authentication process as secure as it is simple. The card displays different authentication codes for each transaction, and the user simply enters the current display without needing to manage complex security procedures. This maintains ease of operation while significantly improving protection against unauthorized use.
Solution Approach 2:
The card system performs self-service authentication by automatically generating and displaying unique authentication data for each transaction. The card itself manages the security function without requiring external intervention or complex user actions, maintaining simplicity while enhancing security against hacking and skimming.
3Reliability
If compromised cards are replaced with new cards, then security is restored, but additional expenses and cardholder inconvenience increase
Solution Approach 1:
The dynamic authentication data ensures that even if a card is compromised, the authentication codes displayed on the card will be different for subsequent transactions. This eliminates the need for card replacement and restores security without causing time loss or additional inconvenience to the cardholder.
Solution Approach 2:
The system prepares for security breaches by continuously generating new authentication data before any compromise occurs. The dynamic nature of the authentication codes means that the card remains valid and functional even after potential compromise scenarios, eliminating the need for preliminary card replacement actions.
4Reliability
If dynamic changing data is implemented on cards, then security against compromised data improves, but device complexity and manufacturing cost increase
Solution Approach 1:
The patent implements dynamic authentication data generation using a processor and display on the card. The system generates different authentication codes for each transaction based on transaction-specific parameters, enhancing security while maintaining manufacturing feasibility through integrated electronic components.
Solution Approach 2:
The card integrates multiple functions including dynamic data generation, display, and authentication within a single device. This multi-functionality approach consolidates security features into one system rather than requiring separate components, making the increased complexity more manageable and potentially reducing overall manufacturing complexity.
Data Source
AI summary
A payment device is disclosed. It includes a memory including payment data; and a display coupled to the memory. A processor is configured to execute one or more instructions for displaying the payment data on the display. The payment device is in the form of a card.