Mobile Device Enrollment for Password-less Banking Access

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Solution Overview

Problem

Current mobile device identification mechanisms for accessing applications, such as financial services, are cumbersome and require users to remember and input usernames and passwords, leading to inefficiencies and increased server data storage needs.

Innovation Solution

A device identification program that enrolls users by associating device identification information with user information, allowing for secure, password-less access to applications by using a module to receive and manage device and user data, and enabling strong authentication processes.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If users provide username and password for authentication, then user identification is achieved, but user operation complexity increases and server data storage requirements increase

Engineering Contradiction:

Improveuser identificationVSAvoidlogin process

Core Design Contradiction:

ReliabilityVSEase of operation

Solution Approach 1:

The system performs automatic device identification without requiring user input. The mobile device's unique identifier is automatically captured and used for authentication, eliminating the need for users to manually enter usernames and passwords. This self-service approach resolves the contradiction by maintaining reliable user identification while dramatically simplifying the login process.

Inventive Principle:

Principle #25Self-service

Solution Approach 2:

The patent replaces the mechanical interaction of manual username/password entry with an automated electronic identification system. The device's unique identifier is automatically transmitted and processed, substituting the manual authentication mechanism with an automated one that reduces operational complexity while maintaining security.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

2Reliability

If username and password are stored on servers, then user authentication is enabled, but server data storage requirements increase

Engineering Contradiction:

ImproveauthenticationVSAvoiddata storage

Core Design Contradiction:

ReliabilityVSQuantity of substance

Solution Approach 1:

The patent extracts the identification function from traditional username/password storage and replaces it with device-based identification. Instead of storing user credential data on servers, the system uses the mobile device's inherent unique identifier, thereby eliminating the need for extensive server data storage while maintaining authentication reliability.

Inventive Principle:

Principle #2Taking out (Extraction)

Solution Approach 2:

The system uses a copy of the device's unique identifier (such as device ID or IMEI) for authentication purposes instead of storing actual user credentials. This copying approach allows authentication to occur without requiring the server to store sensitive user data, reducing storage requirements while maintaining security.

Inventive Principle:

Principle #26Copying

Data Source

PatentUS8990568B2Mobile device enrollment for online banking transactions

Publication Date: 2015.03.24 BANK OF AMERICA CORP

AI summary

Embodiments of the invention are directed to systems, methods and computer program products for enrolling a user in a device identification program. In some embodiments, a system is configured to: receive device identification information from a mobile device, receive user information associated with a user, the user information enabling identification of the user, associate the device identification information with the user information, and create a record based on the device identification information and the user information.