Virtual Credential Bridge for Deactivated PLCC Continuity
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Solution Overview
Problem
Existing private label credit cards (PLCCs) pose security risks and operational inefficiencies due to lack of advanced fraud detection and are often deactivated and replaced by primary credentials, leading to transaction declines and resource consumption when users present the deactivated cards post-migration.
Innovation Solution
A system generates a limited-use virtual credential linked to the primary credential, associated with a validity period, to enable temporary use of deactivated PLCCs, incorporating a surrogate account identifier (SAID) for identity verification, reducing fraud and resource waste.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If a primary credential replaces a deactivated PLCC, then security and fraud detection are improved, but transaction continuity is broken and users experience transaction declines
Solution Approach 1:
A virtual credential is introduced as an intermediary between the deactivated PLCC and the primary credential. The virtual credential maintains the PLCC's functionality while being linked to the primary credential's security infrastructure, allowing seamless transitions without breaking transaction continuity.
Solution Approach 2:
The system performs preliminary actions by pre-establishing the virtual credential before the PLCC is fully deactivated. This ensures that users can continue using their cards without interruption, as the virtual credential is already in place to handle transactions during the migration period.
2Ease of operation
If a virtual credential is issued for deactivated PLCCs, then transaction continuity is maintained, but system complexity increases
Solution Approach 1:
The virtual credential serves multiple functions simultaneously: it acts as a functional replacement for the deactivated PLCC, maintains security through linkage to the primary credential, enables continued transactions, and provides a bridge during migration. This multi-functionality reduces the need for separate systems.
Solution Approach 2:
The system merges the PLCC and primary credential into a unified virtual credential structure. By combining the functionality of both credentials into a single virtual credential that references the primary credential, the system reduces overall complexity rather than increasing it.
3Reliability
If identity verification is performed for deactivated credential users, then fraud is reduced, but processing time and resource consumption increase
Solution Approach 1:
The system creates a virtual copy of the PLCC that references the primary credential. This virtual credential contains all necessary user information and authentication data, allowing fraud verification to be performed efficiently without requiring additional processing time for identity verification during transactions.
Solution Approach 2:
The system changes the state of the credential from a static PLCC to a dynamic virtual credential that automatically references the primary credential. This parameter change allows the system to maintain security through the primary credential's verification mechanisms while avoiding redundant processing time.
Data Source
AI summary
In some implementations, a system may receive information related to a virtual credential cross-referenced with a deactivated credential and a primary credential that replaces the deactivated credential. The system may receive a request to authorize a transaction using a physical transaction device associated with the deactivated credential. The system may obtain authorized user information associated with the virtual credential based on the request. The system may present an interface to validate an identity of a user attempting to authorize the transaction using the physical transaction device. The system may receive, via the interface, information related to the identity of the user attempting to authorize the transaction using the physical transaction device. The system may authorize the request based on the information related to the identity of the user attempting to authorize the transaction matching the authorized user information associated with the virtual credential.