Patent · US Active

Authorizing use of a financial instrument

US8515871B2 · kind B2 · utility

1Cited by
31References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateNov 8, 2011
Grant dateAug 20, 2013
Priority date
Expiry dateNov 8, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/1008
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Computer-implemented method and system are provided for verifying a financial instrument. The method comprises receiving, via a user interface, the identification of one or more financial instruments. A transaction processor initiates at least one transaction using a variable detail and saves the variable detail in a database as a stored detail. A requested detail relating to the at least one transaction is received via the user interface and the transaction processor compares the stored detail with the requested detail. The use of the financial instrument is authorized if stored detail matches the requested detail.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.