Terminal Location Determination via Mobile Transaction Data Matching
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Solution Overview
Problem
Existing verification processes for determining the authenticity of users conducting transactions are hindered by the lack of clear terminal location information, as new terminals are frequently installed and can be moved, making it difficult to ensure that the user is authorized to access resources or locations associated with those terminals.
Innovation Solution
A platform that generates location information for access terminals by receiving mobile location data from users' devices and matching it with transaction data from terminals, allowing for the determination of the current, accurate location of merchant points of sale or access points.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If terminals are frequently installed and moved to adapt to changing business needs, then adaptability is improved, but the ability to accurately determine terminal location deteriorates
Solution Approach 1:
The system collects mobile device location data from multiple users in advance, before a terminal is installed or moved. This preliminary data collection creates a location profile that can be used to quickly determine terminal location when needed, eliminating the need for time-consuming pre-registration of each terminal.
Solution Approach 2:
The patent introduces mobile devices of multiple users as intermediaries to indirectly determine terminal location. Instead of directly tracking the terminal, the system uses the locations of mobile devices associated with terminal users to infer terminal position, solving the problem of tracking movable terminals.
2Loss of time
If terminal locations are pre-registered with remote computers, then location determination speed is improved, but the system cannot accommodate terminal moves without re-registration
Solution Approach 1:
Location data from mobile devices is collected and stored in advance, creating a ready-to-use reference set that enables immediate terminal location determination without requiring real-time registration when terminals are moved or installed.
Solution Approach 2:
The system transitions from static pre-registered terminal locations to dynamic location determination using mobile device data. This allows terminal locations to be automatically updated based on user mobility patterns, accommodating terminal moves without manual re-registration.
3Measurement precision
If multiple mobile devices are monitored to determine terminal location, then location accuracy is improved, but system complexity increases
Solution Approach 1:
The system uses a universal approach by collecting location data from multiple mobile devices that serve different users but all associate with the same terminal. This multi-source data collection improves accuracy while the remote computer processes all data through a unified algorithm.
Solution Approach 2:
Mobile devices automatically provide their location data without requiring manual input or complex setup. The system leverages the existing GPS and location services of mobile devices, making them self-service data sources that simplify rather than complicate the overall system.
Data Source
AI summary
Described herein is a platform and method for generating a terminal location from transaction data. In some embodiments, location data is periodically provided to a service computer from multiple mobile devices. Additionally, transaction data related to terminals may be provided to the service provider by one or more entities. The service provider may be configured to match records in the received transaction data to records in the received location data to identify a set of potential terminal locations. In some embodiments, the set of potential terminal locations may be filtered according to one or more criteria. A terminal location may subsequently be approximated from the set of potential terminal locations.