Sequent Software Inc.
|Sequent Software Inc. Patent applications|
|Patent application number||Title||Published|
|20140040139||SYSTEM AND METHOD FOR DYNAMIC TEMPORARY PAYMENT AUTHORIZATION IN A PORTABLE COMMUNICATION DEVICE - A system for issuing a dynamic temporary credential to a portable communication device for use in a transaction with an electronic control point. The system receives the current geo-location of the portable communication device and transmits a dynamic temporary credential to the portable communication device from the centralized computer. The system further scores the risk in authorizing a transaction associated with an electronic control point using the dynamic temporary credential it issued. The system may prevent the transmission of the dynamic temporary credential until the end user has been authenticated, which may include verifying one or more of a manually input passcode, the unique digital signature of the portable communication device, and know your customer queries. The system may further include a validation mapping gateway operably connected to one or more issuers that substitutes legacy payment data for the dynamic temporary credential in a payment transaction before sending the payment transaction along with the risk score to the issuer associated with the legacy payment data.||02-06-2014|
|20130159186||System and Method for One-Time Payment Authorization in a Portable Communication Device - A system for using a dynamic temporary credential with a portable communication device for use in a transaction with an electronic control point (e.g. point of sale, NFC access point) wherein the portable communication device has a geo-location module (e.g. GPS). The system has a centralized module that receives the portable communication device's current geo-location and transmits the dynamic temporary credential to the portable communication device and provides predictive transaction information—including the dynamic temporary credential and portable communication device's geo-location—to an authorization system operably associated with the electronic control point. The dynamic temporary credential has a predetermined time to live, which allows for the recycling of the dynamic credential, such recycling may take into account the geo-location for which the credential has been recently issued. A method for using a dynamic temporary credential with a portable communication device is also disclosed.||06-20-2013|
|20130117186||SYSTEM AND METHOD FOR INCREASING SECURITY IN INTERNET TRANSACTIONS - Increasing security of financial transactions conducted over the Internet is disclosed. In an example, an apparatus may be configured to prompt a user for authorization to permit a pending purchase initiated by a purchase initiating device. The apparatus may establish, via a mobile network interface, a secure communication channel with a server and communicate a credential via the secure communication channel. The apparatus may generate a token based on the credential and communicate the token to the server via the mobile network interface.||05-09-2013|
|20120266220||System and Method for Controlling Access to a Third-Party Application with Passwords Stored in a Secure Element - A system for controlling access to an application on a portable communication device having a secured element and a user interface comprises memory associated with the secure element; a card management module operably associated with the portable communication device and with the secure element capable of controlling the secured element to facilitate writing to and reading from the memory; and a password management module operably associated with the card management module, the portable communication device user interface, and the application, the password management module receiving an application identifier associated with the application, a user name, and a password from the user interface, and providing an access command to the application based on whether the received user name and password match information stored in the memory.||10-18-2012|
|20120265685||System and Method for Physical-World Based Dynamic Contactless Data Emulation in a Portable Communication Device - This invention involves, in part, a system for automatically selecting a credential among a plurality of credentials on a portable communication device based on a geo-location of the portable communication device and based on a user preference, for use in an electronic wallet transaction. The system includes a geo-location device configured to detect the geo-location of the portable communication device; a location identification service unit configured to be activated by a pre-determined user input, and configured to determine a merchant where the portable communication device is most likely to be located based on said geo-location; means for storing preferences corresponding to the plurality of credentials; and means for automatically determining which of the plurality of credentials to use for the electronic wallet transaction based on the preferences.||10-18-2012|
|20120159612||System for Storing One or More Passwords in a Secure Element - The present invention involves a system for storing one or more passwords on a portable communication device having a secured element and a user interface, the system comprising memory associated with the secure element; a card management module operably associated with the portable communication device and with the secure element capable of controlling the secured element to facilitate writing to and reading from the memory; a graphical user interface operably connected via the user interface of the portable communication device with the card management module, the graphical user interface providing for input of the one or more passwords into the memory via the card management module and for viewing the one or more passwords so stored in the memory.||06-21-2012|
Patent applications by Sequent Software Inc.