Mobile Device as Remote Control for Online Banking Security
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Solution Overview
Problem
Users of online banking services lack control over their accounts, particularly in accessing and managing transactions across different devices, which can lead to unauthorized activities and inefficiencies in managing their financial operations.
Innovation Solution
A system that enables a customer's mobile device to be associated with their online banking account, allowing it to act as a remote control for another device, through device identification and account identification processes, enabling binding and remote access commands to manage access and transactions securely.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users access online banking across multiple devices, then convenience and accessibility are improved, but control and security over account operations deteriorate
Solution Approach 1:
The patent introduces a remote control device as an intermediary between the user and the computing device accessing online banking. This mediator captures screenshots, identifies UI elements, and translates user gestures into precise clicks or taps on the remote device, enabling users to control banking operations remotely while maintaining security through verified device pairing and session management
2Ease of operation
If traditional online banking access is provided without device binding, then ease of access is improved, but unauthorized activities and security risks increase
Solution Approach 1:
The patent implements preliminary device association and binding actions before online banking access is granted. The system pre-verifies the remote control device through QR code scanning or code entry, binds it to the user's account, and establishes security credentials in advance. This preliminary authentication ensures that only authorized devices can access and control banking operations, preventing unauthorized activities while maintaining ease of access for legitimate users
Data Source
AI summary
Disclosed is a system and associated method of using a customer's mobile device as an online banking remote control for another customer device. The system typically includes a processor, a memory, and an online banking module stored in the memory. The module is typically configured for (i) associating the mobile device with the customer's online banking account and (ii) binding the mobile device to another computing device. In addition, the module is typically configured for subsequently receiving a remote access command associated with the customer's online banking account and associated with the computing device from the mobile device. The remote access of the computing device to the customer's online banking account can then be modified based on the remote access command and determining that (i) the mobile device is associated with the customer's online banking account and (ii) the mobile device is bound to the computing device.