Online account authentication service
US10572875B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 9, 2012 |
| Grant date | Feb 25, 2020 |
| Priority date | — |
| Expiry date | Sep 28, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/1016
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A payment authentication service authenticates the identity of a payer during online transactions. The authentication service allows a card issuer to verify a cardholder's identity using a variety of authentication methods, such as the use of passwords. Also, the only system participant requiring a certificate is the issuing financial institution. Authenticating the identity of a cardholder during an online transaction involves querying an access control server to determine if a cardholder is enrolled in the payment authentication service, requesting a password from the cardholder, verifying the password, and notifying a merchant whether the cardholder's authenticity has been verified. A chip card and the authentication service independently generate cryptograms to match in order for the service to verify that the correct chip card is being used by the cardholder.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.