Systems and methods for managing third party tokens and transactions across issuer ecosystems

US12079801B2 · kind B2 · utility

Assignee

• JPMORGAN CHASE BANK, N.A. · US

Inventors

• Tuan Dao · Richardson, US
• Howard SPECTOR · Mount Salem, US
• Craig M. MULLANEY · Nonatum Mills, US
• Ayman Hammad · Pleasanton, US
• Stanley M Devan · Mount Royal, US
• Soumyajit Ghosh · Lewis Center, US
• Sangameswara Rao PANCHOMARTHI · Bear, US

Key dates

• Filing date: Jun 5, 2023
• Grant date: Sep 3, 2024
• Expiry date: Jun 5, 2043

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0215
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

System and methods for managing third party tokens and transaction across issuer ecosystems are disclosed. In one embodiment, in an information processing device comprising at least one computer processor, a method for managing payment tokens may include: (1) a first computer program associated with a financial institution and executed by the information processing device accessing a payment token associated with a second computer program executed by the information processing device; (2) the first computer program identifying the payment token as associated with a financial instrument issued by the financial institution; (3) a backend for the financial institution generating an association between the payment token and the financial institution; and (4) the backend for the financial institution communicating the association to an authorization platform for the financial institution.