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Transaction authentication using networkRelated Patent Categories: Data Processing: Financial, Business Practice, Management, Or Cost/price Determination, Automated Electrical Financial Or Business Practice Or Management Arrangement, Finance (e.g., Banking, Investment Or Credit), Including Funds Transfer Or Credit Transaction, Requiring Authorization Or AuthenticationTransaction authentication using network description/claimsThe Patent Description & Claims data below is from USPTO Patent Application 20080040276, Transaction authentication using network. Brief Patent Description - Full Patent Description - Patent Application Claims
CROSS-REFERENCES TO RELATED APPLICATIONS [0001] This application is a non-provisional patent application of and claims the benefit of the filing dates of U.S. Provisional Patent Application No. 60/815,059, filed on Jun. 19, 2006, U.S. Provisional Patent Application No. 60/815,430 filed on Jun. 20, 2006, and U.S. Provisional Patent Application No. 60/884,089 filed on Jan. 9, 2007. All of these applications are herein incorporated by reference in their entirety for all purposes. BACKGROUND [0002] There are a number of ways to ensure that payment transactions are securely conducted. For example, there are a number of different ways to authenticate a consumer to ensure that the authentic consumer is the one conducting the payment transaction. There are also a number of different ways to authenticate a portable consumer device that is being used by the consumer. [0003] Although different ways of authenticating payment transactions exist, improved authentication mechanisms are desirable to further reduce the risk of fraudulent transactions. [0004] Embodiments of the invention address these and other problems individually and collectively. SUMMARY [0005] Systems and methods for improved consumer and portable consumer device authentication are disclosed. Embodiments of the invention include ways to authenticate a portable consumer device such as a payment card, authenticate a consumer using the portable consumer device, perform back end processing, and provide consumer notification of purchase transactions. [0006] One embodiment of the invention is directed to a method comprising: performing an authentication process for a consumer, wherein the consumer uses a portable consumer device to conduct a transaction; performing an authentication process for the portable consumer device, wherein performing the authentication process for the portable consumer device comprises verifying a fingerprint or a dynamic verification value associated with the portable consumer device; and performing a risk analysis after authenticating the consumer and authenticating the portable consumer device are performed, wherein the risk analysis determines whether or not the transaction is to be authorized. [0007] One embodiment of the invention is directed to a method comprising: authenticating a portable consumer device using dynamic data generated by the portable consumer device or an access device in communication with the portable consumer device; and authenticating the consumer comprising sending a challenge message to the consumer, and receiving a challenge response from the consumer. [0008] Another embodiment of the invention is directed to a method comprising: receiving an authorization request message associated with a transaction conducted using a portable consumer device, wherein the portable consumer device comprises a portable consumer device fingerprint, and wherein the authorization request message comprises an altered portable consumer device fingerprint and an algorithm identifier; selecting an algorithm from among a plurality of algorithms using the algorithm identifier; determining the portable consumer device fingerprint using the selected algorithm and the altered portable consumer device fingerprint; determining if the portable consumer device fingerprint matches a stored portable consumer device fingerprint; sending a challenge message to a consumer associated with the portable consumer device; and sending an authorization response message to the consumer, wherein the authorization response message indicates whether or not the transaction is approved. [0009] Another embodiment of the invention is directed to a method comprising: authenticating a batteryless portable consumer device, wherein the portable consumer device comprises a batteryless portable consumer comprising an antenna; authenticating the consumer; and sending a notification message to the consumer that a transaction is being conducted. [0010] Other embodiments of the invention are directed to specific combinations of other authentication aspects, which are provided below in the Detailed Description. BRIEF DESCRIPTION OF THE DRAWINGS [0011] FIG. 1 shows a block diagram of a system according to an embodiment of the invention. [0012] FIG. 2 shows a block diagram of aspects of a payment transaction authentication system according to an embodiment of the invention. [0013] FIGS. 3(a)-3(c) show schematic views of batteryless cards according to embodiments of the invention. [0014] FIG. 4 shows a portable security device. [0015] FIG. 5 shows a representation of data fields associated with a portable consumer device such as a credit card. [0016] FIG. 6 shows parts of a primary account number (PAN). [0017] FIG. 7 shows a block diagram of a system comprising a challenge question engine. [0018] FIGS. 8-9 show flowcharts illustrating methods comprising using a challenge message to authenticate a consumer. [0019] FIG. 10(a) shows a block diagram of a system that can use an algorithm ID. [0020] FIG. 10(b) shows a block diagram showing modules that may be present in a server computer in the system in FIG. 10(a). Continue reading about Transaction authentication using network... Full patent description for Transaction authentication using network Brief Patent Description - Full Patent Description - Patent Application Claims Click on the above for other options relating to this Transaction authentication using network patent application. ###  How KEYWORD MONITOR works... a FREE service from FreshPatents1. Sign up (takes 30 seconds). 2. Fill in the keywords to be monitored. 3. Each week you receive an email with patent applications related to your keywords. Start now! - Receive info on patent apps like Transaction authentication using network or other areas of interest. ### Previous Patent Application: System and method for deploying application program components having an application server Next Patent Application: Content use system Industry Class: Data processing: financial, business practice, management, or cost/price determination ### FreshPatents.com Support Thank you for viewing the Transaction authentication using network patent info. IP-related news and info Results in 0.2506 seconds Other interesting Feshpatents.com categories: Accenture , Agouron Pharmaceuticals , Amgen , AT&T , Bausch & Lomb , Callaway Golf 174 |
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