System and method for reconciling electronic transaction records for enhanced security
First Claim
1. A method of enhancing security of an electronic transaction involving a smart card during interactions with one or more external computing devices, the method performed by the smart card that includes a physical processor, comprising:
- (a) receiving by the physical processor of the smart card a request for an authentication of an electronic portable transaction device in connection with a new electronic transaction involving the smart card;
(b) accessing by the physical processor a first record of one or more previous electronic transactions involving the smart card from a first storage device coupled to the physical processor;
(c) retrieving by the physical processor over a data communication network that includes a wide area data communication network, a second record of one or more previous electronic transactions involving the smart card from a second storage device coupled to a computing device located external to the smart card; and
(d) determining whether the first record and the second record are reconcilable by comparing by the physical processor of the smart card a first subset of one or more previous electronic transactions in the first record that satisfy one or more predetermined criteria with a second subset of one or more previous electronic transactions in the second record that satisfy the one or more predetermined criteria.
2 Assignments
0 Petitions
Accused Products
Abstract
A system and method for enhancing security of an electronic transaction is described. The method comprises receiving a request for an authentication of an electronic portable transaction device in connection with a new electronic transaction involving the electronic portable transaction device; retrieving a first record of one or more previous electronic transactions involving the electronic portable transaction device from a first storage device; retrieving a second record of one or more previous electronic transactions involving the electronic portable device from a second storage device; and determining whether the first record and the second record are reconcilable.
345 Citations
10 Claims
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1. A method of enhancing security of an electronic transaction involving a smart card during interactions with one or more external computing devices, the method performed by the smart card that includes a physical processor, comprising:
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(a) receiving by the physical processor of the smart card a request for an authentication of an electronic portable transaction device in connection with a new electronic transaction involving the smart card; (b) accessing by the physical processor a first record of one or more previous electronic transactions involving the smart card from a first storage device coupled to the physical processor; (c) retrieving by the physical processor over a data communication network that includes a wide area data communication network, a second record of one or more previous electronic transactions involving the smart card from a second storage device coupled to a computing device located external to the smart card; and (d) determining whether the first record and the second record are reconcilable by comparing by the physical processor of the smart card a first subset of one or more previous electronic transactions in the first record that satisfy one or more predetermined criteria with a second subset of one or more previous electronic transactions in the second record that satisfy the one or more predetermined criteria. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A smart card for enhancing security of a new electronic transaction comprising:
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a first storage device configured to store one or more previous transactions involving the smart card; a physical processor coupled to the first storage device and configured to execute a program configured to; receive a request for an authentication of an electronic portable transaction device in connection with a new electronic transaction involving the smart card, access from the first storage device a first record of one or more previous electronic transactions involving the smart card, retrieve from a second storage device coupled to a computing device located external to the smart card over a data communication network that includes a wide area data communication network, a second record of one or more previous electronic transactions involving the smart card, compare a first subset of one or more previous electronic transactions in the first record that satisfy one or more predetermined criteria with a second subset of one or more previous electronic transactions in the second record that satisfy the one or more predetermined criteria, and authorize the new electronic transaction if there is a match between the first subset and the second subset; and a memory coupled to the physical processor and configured to store the program. - View Dependent Claims (10)
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Specification