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Data sharing platform

  • US 10,089,632 B2
  • Filed: 07/26/2015
  • Issued: 10/02/2018
  • Est. Priority Date: 09/19/2012
  • Status: Active Grant
First Claim
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1. A method for sharing transaction data by a switching node within a payment network, said method comprising the steps of:

  • maintaining, by said switching node within said payment network, a database populated with said transaction data received from a plurality of entities, wherein said transaction data corresponds to payments made by at least one entity of said plurality of entities using said payment network;

    maintaining, by said switching node, consent data provided by said at least one entity, said consent data providing consent to share at least a portion of said transaction data with a third party;

    maintaining, by said switching node, a registered user database storing a table including a list of registered users that have provided consent data including said at least one entity, a data sharing preference of said at least one entity and a secure token associated with said at least one entity;

    receiving, by said switching node, a copy of said secure token from said third party via a third party interface module and a network;

    granting, by said switching node, said third party access to said transaction data of said at least one entity associated with said secure token upon matching said copy of said secure token to said secure token stored in said registered user database;

    filtering, by said switching node, said transaction data using said data sharing preference to obtain said portion of said transaction data; and

    interfacing, by said switching node, with said third party via said third party interface module and said network, to publish said portion of said transaction data via said third party.

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