System and method for instant issue of personalized financial transaction cards

US11687894B2 · kind B2 · utility

Assignee

• CPI CARD GROUP—TENNESSEE, INC. · US

Inventors

• Bobby Smith · Hartsville, US
• James White · Atlanta, US

Key dates

• Filing date: Nov 18, 2020
• Grant date: Jun 27, 2023
• Expiry date: Jan 13, 2041

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In a method for instantly issuing a personalized financial transaction card to a customer a bank employee receives customer information and card information from the customer at a branch location. The card information may include a card personal identification number (PIN) selected by the customer. The operator inputs the customer information and at least some the card information into a data processing terminal at the branch. The customer information and the card information are communicated from the branch across a network to a card services provider. At the card services provider, the PIN is entered into a PIN database and a reference number associated with the customer and a PIN offset is generated. The reference number and at least some of the customer data and card data may be stored in a card file associated with the customer. The reference number is used to retrieve the PIN from the PIN database. The retrieved PIN is then used to apply calculations to the card file. The card file is securely sent from the card services provider across the network to the branch location. Using information from the card file, the financial transaction card is printed for the customer at the b…