Systems and methods for authenticating an electronic transaction

US11397950B2 · kind B2 · utility

Assignee

• MICROSOFT TECHNOLOGY LICENSING, LLC · US

Inventors

• Murali Krishna Manjunath · Duvall, US
• Yuting Jia · Redmond, US
• Adam Feldman Reinhardt · Redmond, US
• Yung-Wen Liu · Redmond, US
• Anand Ravindra Oka · Bellevue, US
• Jayaram N. M. Nanduri · Issaquah, US

Key dates

• Filing date: Oct 14, 2019
• Grant date: Jul 26, 2022
• Expiry date: Feb 6, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/409
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Devices and methods for securing electronic transactions in a computing network are configured to receive a transaction, access transaction contextual data for the transaction, and apply one or more authentication decision rules to the transaction contextual data to determine initial authentication assessment information for the transaction. Further, aspects are configured to convert the initial authentication assessment information into a condensed authentication assessment indicator having an assessment value selected from a plurality of assessment values based on an assessment value definition, and transmit the condensed authentication assessment indicator. Also, aspects receive a transaction authentication decision based in part on the condensed authentication assessment indicator, and process or deny processing of the transaction based on the transaction authentication decision.