System, method, and apparatus for a dynamic transaction card

• US 10,402,818 B2
• Filed: 12/28/2016
• Issued: 09/03/2019
• Est. Priority Date: 10/17/2011
• Status: Active Grant

• Current Assignee: Capital One Services LLC (Capital One Financial Corporation)
• Original Assignee: Capital One Services LLC (Capital One Financial Corporation)
• Inventors: Zarakas, James, Markson, Theodore, Koeppel, Adam, Kelly, Kevin, Briggman, Brian, Sangi, Saleem, Wurmfeld, David, Locke, Tyler, Escalante, Karla
• Primary Examiner(s): Marshall, Christle I
• Application Number:
  US15/391,921
• Publication Number:
  US 20170109729A1
• Time in Patent Office: 979 Days
• Field of Search: None
• CPC Class Codes: G06K 19/02 characterised by the selection of materials, e.g. to avoid wear during transport through the machine
• CPC Class Codes: G06K 19/045 the record carrier being of the non-contact type, e.g. RFID, and being specially adapted for attachment to a disc, e.g. a CD or DVD
• CPC Class Codes: G06K 19/0723 the record carrier comprising an arrangement for non-contact communication, e.g. wireless communication circuits on transponder cards, non-contact smart cards or RFIDs
• CPC Class Codes: G06K 19/07707 the visual interface being a display, e.g. LCD or electronic ink
• CPC Class Codes: G06K 19/07722 the record carrier being multilayered, e.g. laminated sheets flat articles in general, see B32B37/00
• CPC Class Codes: G06K 19/07733 the record carrier containing at least one further contact interface not conform ISO-7816
• CPC Class Codes: G06Q 20/321 using wearable devices
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/352 Contactless payments by cards
• CPC Class Codes: G06Q 20/353 Payments by cards read by M-devices
• CPC Class Codes: G06Q 20/354 Card activation or deactivation
• CPC Class Codes: G06Q 20/3552 Downloading or loading of personalisation data
• CPC Class Codes: G06Q 20/3829 involving key management
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 20/409 Device specific authentication in transaction processing

Abstract

A dynamic transaction card that includes a transaction card having a number of layers, each of which may be interconnected to one another. For example, a dynamic transaction card may include an outer layer, a potting layer, a touch sensor layer, a display layer (including, for example, LEDs, a dot matrix display, and the like), a microcontroller storing firmware, Java applets, Java applet integration, and the like, an EMV chip, an energy storage component, one or more antenna (e.g., Bluetooth antenna, NFC antenna, and the like), a power management component, a flexible printed circuit board (PCB), a chassis, and/or a card backing layer.

Claims

1. A dynamic transaction card, comprising:

an outer protective layer having an outer edge;

a card backing having an outer edge, wherein the card backing outer edge and the outer protective layer are connected to one another along the respective outer edges to form a casing for the components of the dynamic transaction card;

wherein the components of the dynamic transaction card include;

a potting layer;

a EuroPay-Mastercard-Visa (EMV) chip comprising an EMV plate accessible form the outer protective layer and an EMV processor;

a sensor that detects an input to the dynamic transaction card;

an antenna that connects to a mobile device;

an application processor storing a fraud detection application, wherein the fraud detection application causes the dynamic transaction card to;

receive an input indicating a transaction request using the dynamic transaction card;

attempt to pair, via the antenna, with the mobile device; and

send a connection response to a backend system indicating whether a connection between the dynamic transaction card and the mobile device was successful or unsuccessful, the backend system approving or denying the transaction request based on a fraud score calculated in part based on the connection response; and

a display component that is visible through or extends the outer protective layer;

a microcontroller to activate the display component via a display driver;

an energy storage component to power the dynamic transaction card;

a bootloader; and

a chassis.

2. The dynamic transaction card of claim 1, wherein the connection response sent to the backend system indicates an unsuccessful connection between the dynamic transaction card and the mobile device, and

wherein the fraud score is based in part on an unsuccessful connection.

3. The dynamic transaction card of claim 2,

wherein the approval or denial of the transaction request is further based on a device response received from the mobile device, and

wherein the device response is a response received at the backend system in response to a communication transmitted from the backend system to the mobile device.

4. The dynamic transaction card of claim 3, wherein the device response comprises device location data and/or user approval data.

5. The dynamic transaction card of claim 2, wherein the fraud score indicates a fraudulent transaction, and

wherein the dynamic transaction card receives new card data from a backend system in response to the fraud score indicating a fraudulent transaction.

6. The dynamic transaction card of claim 5,

wherein the new card data comprises at least one of a new card activation signal, a new card number, a new security code, or a new expiration date.

7. The dynamic transaction card of claim 5, wherein the dynamic transaction card receives the new card data from the backend system via one of:

a terminal via the EMV chip or the mobile device via the antenna.

8. The dynamic transaction card of claim 1, wherein the fraud score is further calculated using a transaction amount, a merchant identifier, a distance between the mobile device and the dynamic transaction card calculated using mobile device location data and dynamic transaction card location data, and/or transaction statistics associated with the dynamic transaction card.

9. The dynamic transaction card of claim 8, wherein the transaction statistics associated with the dynamic transaction card comprise a number of transactions that occur without pairing, a percentage of transactions that occur without pairing, a number of transactions approved without pairing, and/or a percentage of transactions approved without pairing.

10. The dynamic transaction card of claim 1, wherein the connection response sent to the backend system indicates a successful connection between the dynamic transaction card and the mobile device, and

wherein the fraud score is based in part on a successful connection.

11. A method comprising:

sending, from a dynamic transaction card, a transaction request to a backend system;

sending, from the dynamic transaction card, a request to a mobile device to pair the dynamic transaction card with the mobile device;

transmitting, from the dynamic transaction card, transaction data to the backend system;

transmitting, from the dynamic transaction card, a connection response to the backend system, wherein the connection response is either;

data indicating a successful connection between the dynamic transaction card and the mobile device;

or

data indicating an unsuccessful connection between the dynamic transaction card and the mobile device; and

receiving, at the dynamic transaction card, either;

approval of the transaction request from the backend system, wherein the approval was calculated by the backend system based on a fraud score;

or

denial of the transaction request from the backend system, wherein the denial was calculated at the backend system based on the fraud score.

12. The method of claim 11, wherein the fraud score is calculated based in part on the connection response.

13. The method of claim 12, wherein the data indicates a successful connection between the dynamic transaction card and the mobile device, and

wherein the fraud score is further calculated based on the transaction data.

14. The method of claim 13, wherein the transaction data includes a transaction amount, a merchant identifier, a distance between the mobile device and the dynamic transaction card calculated using mobile device location data and dynamic transaction card location data, and/or transaction statistics associated with the dynamic transaction card.

15. The method of claim 12, wherein the fraud score is further calculated based on location data received at the backend system from the mobile device.

16. The method of claim 12,

wherein the data indicates an unsuccessful connection between the dynamic transaction card and the mobile device, and

wherein the fraud score is further calculated based on a transaction amount, a merchant identifier, a distance between the mobile device and the dynamic transaction card calculated using mobile device location data and dynamic transaction card location data, and/or transaction statistics associated with the dynamic transaction card.

17. The method of claim 16, wherein the transaction statistics associated with the dynamic transaction card comprise a number of transactions that occur without pairing, a percentage of transactions that occur without pairing, a number of transactions approved without pairing, and/or a percentage of transactions approved without pairing.

18. The method of claim 16, wherein the fraud score indicates a fraudulent transaction, the method further comprising:

receiving, at the dynamic transaction card, new card data from the backend system.

19. The method of claim 18, wherein the new card data comprises at least one of a new card activation signal, a new card number, a new security code, or a new expiration date.