Token-Based Snapshot Access for Secure Financial Summaries
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Solution Overview
Problem
In the evolving landscape of mobile banking, ensuring user convenience without compromising security remains a paramount concern, as users increasingly demand instant access to their financial summaries, and traditional methods of logging in and navigating through multiple authentication steps become cumbersome, while conventional ways of accessing and comparing account changes are not always intuitive, coupled with the ever-present threat of unauthorized access to sensitive data.
Innovation Solution
A system for dynamic, secure, token-based snapshot generation that provides an alternative access point using a unique, non-reusable token for user authentication, generates a snapshot based on user preferences, embeds it with a digital signature, and delivers it directly to the user without requiring comprehensive authentication protocols.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional authentication methods are used, then security is maintained, but user convenience deteriorates due to multiple authentication steps
Solution Approach 1:
The patent extracts the essential authentication element (token) from the complex traditional authentication process. Instead of requiring multiple authentication steps, the system generates a single token that encapsulates the necessary authentication information, allowing users to access their financial summaries with just one authentication action.
Solution Approach 2:
The patent changes the authentication parameter from multiple sequential steps to a single token-based verification. The token contains embedded information that replaces the need for multiple authentication factors, transforming the authentication process from a multi-step procedure to a single-step verification while maintaining security.
2Speed
If instant access to financial summaries is provided, then user convenience is improved, but security risk increases due to potential unauthorized access
Solution Approach 1:
The patent performs preliminary authentication by generating a token that validates user identity before granting access. This token is created in advance of the actual data access request, ensuring that only authenticated users can retrieve their financial summaries instantly. The preliminary token generation acts as a security gate that enables subsequent fast access.
Solution Approach 2:
The token serves as an intermediary between the user and the financial data. Instead of directly connecting user requests to data access (which would require complex authentication checks at each step), the token mediates the interaction, providing both security verification and enabling instant access to authorized users.
3Reliability
If comprehensive authentication protocols are implemented, then security is enhanced, but access time increases
Solution Approach 1:
The patent segments the authentication process into two distinct phases: token generation (performed once) and token verification (performed instantly upon access request). This segmentation allows the system to maintain comprehensive security checks during token generation while enabling rapid verification during subsequent access requests, eliminating the need to repeat comprehensive authentication protocols for each access.
4Ease of operation
If traditional snapshot access methods are used, then data accuracy is maintained, but user experience deteriorates due to non-intuitive comparison of account changes
Solution Approach 1:
The system performs preliminary processing of account data to identify and highlight changes before presenting the snapshot to the user. By pre-processing the data to detect differences between current and previous account states, the system prepares the information in an easily comparable format that enhances user experience without losing any underlying data accuracy.
Data Source
AI summary
Systems, computer program products, and methods are described herein for dynamic, secure, token-based snapshot generation. The present disclosure is configured to receive, via an alternative access point, a user request to receive a snapshot of one or more resource repositories associated with a user; generate, using a token generator, a token based on at least the user request; authenticate, using an authentication subsystem, the user using the token to confirm legitimacy of the user request; generate, using a snapshot generator, the snapshot of the one or more resource repositories based on at least confirming the legitimacy of the user request, wherein the snapshot is generated based on pre-defined user preferences; embed, using a digital signature subsystem, the snapshot with a digital signature serving as an attestation; and display the snapshot on the user input device.