Smart resource instrument authorization

• US 10,454,993 B2
• Filed: 10/11/2017
• Issued: 10/22/2019
• Est. Priority Date: 10/11/2017
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Kurian, Manu Jacob
• Primary Examiner(s): Tiv, Backhean
• Assistant Examiner(s): Nguyen, Linh T.
• Application Number:
  US15/730,587
• Publication Number:
  US 20190109885A1
• Time in Patent Office: 741 Days
• Field of Search: 705 44, 705 64, 705 18, 705 40, 705 34, 705 39, 705 41, 705 67, 705 16, 705 17, 705 11, 705 42, 705 75, 705 76, 705 43, 3405681, 340547, 3405687
• CPC Class Codes: H04L 2463/082 applying multi-factor authentication cryptographic mechanisms or cryptographic arrangements including means for verifying the identity or authority of a user of the system or for message authentication H04L9/32
• CPC Class Codes: H04L 63/08 for authentication of entities cryptographic mechanisms or cryptographic arrangements for entity authentication H04L9/32
• CPC Class Codes: H04L 67/02 based on web technology, e.g. hypertext transfer protocol [HTTP]
• CPC Class Codes: H04L 67/12 specially adapted for proprietary or special-purpose networking environments, e.g. medical networks, sensor networks, networks in vehicles or remote metering networks
• CPC Class Codes: H04L 67/53 using third party service providers
• CPC Class Codes: H04W 12/062 Pre-authentication
• CPC Class Codes: H04W 76/10 Connection setup
• CPC Class Codes: H04W 80/04 Network layer protocols, e.g. mobile IP [Internet Protocol]

Abstract

A resource instrument system and/or user computer systems can monitor when one or more resource instruments have been removed from the resource instrument system and notify the user and/or entity that one or more resource instruments have been removed from the resource instrument systems in order to help identify potential misappropriation of the one or more resource instruments. Moreover, the user may pre-authorize the use of one or more resource instruments through the resource instrument system and/or the user computer system. In this way, a third-party receiving the resource instrument may check the validity of the resource instrument before acceptance of the resource instrument.

Claims

1. A method for pre-approving use of one or more resource instruments, the method comprising:

receiving, by one or more processing components, an activation indication from a user for activation of the one or more resource instruments for one or more interactions, wherein the activation indication includes at least one or more resource instrument identifiers, and wherein the activation indication is received from a user computer system or a resource instrument system;

activating, by the one or more processing components, the one or more resource instruments for the one or more interactions using the one or more resource instrument identifiers;

receiving, by the one or more processing components, a separation indication that a resource instrument has been separated from a resource instrument connector, wherein the resource instrument and the resource instrument connector are operatively coupled through a marker, and wherein the resource instrument system receives a signal from the marker when the resource instrument has been separated from the resource instrument connector;

sending, by the one or more processing components, a separation notification to the user that the resource instrument has been separated from the resource instrument connector, wherein the separation notification is sent to the user computer system;

receiving, by the one or more processing components, an inquiry from a third-party regarding an interaction, wherein the inquiry includes interaction information, wherein the interaction information includes at least a resource instrument identifier from the resource instrument, and wherein the inquiry is received from a third-party system;

determining, by the one or more processing components, when the resource instrument identifier received from the third-party meets the one or more resource instrument identifiers activated by the user and send an allowance notification to the third-party, wherein the allowance notification is sent to the third-party system; and

determining, by the one or more processing components, when the resource instrument identifier received from the third-party fails to meet the one or more resource instrument identifiers activated by the user and send a rejection notification to the third-party, wherein the rejection notification is sent to the third-party system.

2. The method of claim 1, wherein the activation indication from the user further includes one or more interaction requirements for the one or more resources instruments, and wherein the method further comprises:

comparing, by the one or more processing components, the interaction information received from the third-party with the one or more interaction requirements received from the user;

wherein the allowance notification is sent when the interaction information meets the one or more interaction requirements; and

wherein the rejection notification is sent when the interaction information fails to meet the one or more interaction requirements.

3. The method of claim 1, wherein the one or more resource instrument identifiers comprise a resource pool number and a resource instrument number.

4. The method of claim 1, wherein the marker is a conductor that when torn loses an electrical current that results in the signal, is a sticker that when removed loses the electrical current that results in the signal, is a radio frequency identification tag that when removed results in the signal, or a chip that when torn results in the signal.

5. The method of claim 1, further comprising:

receiving, by the one or more processing components, a rejection indication from the user to reject the activation of the resource instrument.

6. The method of claim 1, wherein receiving the activation indication from the user to activate the one or more resource instruments for the one or more interactions comprises receiving the activation indication from the user to activate the resource instrument after the resource instrument has been separated from the resource instrument connector.

7. A computer program product for pre-approving the use of one or more resource instruments, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion configured to receive an activation indication from a user for activation of the one or more resource instruments for one or more interactions, wherein the activation indication includes at least one or more resource instrument identifiers, and wherein the activation indication is received from a user computer system or a resource instrument system;

an executable portion configured to activate the one or more resource instruments for the one or more interactions using the one or more resource instrument identifiers;

an executable portion configured to receive a separation indication that a resource instrument has been separated from a resource instrument connector, wherein the resource instrument and the resource instrument connector are operatively coupled through a marker, and wherein the resource instrument system receives a signal from the marker when the resource instrument has been separated from the resource instrument connector;

an executable portion configured to send a separation notification to the user that the resource instrument has been separated from the resource instrument connector, wherein the separation notification is sent to the user computer system;

an executable portion configured to receive an inquiry from a third-party regarding an interaction, wherein the inquiry includes interaction information, wherein the interaction information includes at least a resource instrument identifier from the resource instrument, and wherein the inquiry is received from a third-party system;

an executable portion configured to determine when the resource instrument identifier received from the third-party meets the one or more resource instrument identifiers activated by the user and send an allowance notification to the third-party, wherein the allowance notification is sent to the third-party system; and

an executable portion configured to determine when the resource instrument identifier received from the third-party fails to meet the in the one or more resource instrument identifiers activated by the user and send a rejection notification to the third-party, wherein the rejection notification is sent to the third-party system.

8. The computer program product of claim 7, wherein the activation indication from the user further includes one or more interaction requirements for the one or more resources instruments, and wherein the computer-readable program code portions further comprise:

an executable portion configured to compare the interaction information received from the third-party with the one or more interaction requirements received from the user;

wherein the allowance notification is sent when the interaction information meets the one or more interaction requirements; and

wherein the rejection notification is sent when the interaction information fails to meet the one or more interaction requirements.

9. The computer program product of claim 7, wherein the one or more resource instrument identifiers comprise a resource pool number and a resource instrument number.

10. The computer program product of claim 7, wherein the marker is a conductor that when torn loses an electrical current that results in the signal, is a sticker that when removed loses the electrical current that results in the signal, is a radio frequency identification tag that when removed results in the signal, or a chip that when torn results in the signal.

11. The computer program product of claim 7, wherein the computer-readable program code portions further comprise:

an executable portion configured to receive a rejection indication from the user to reject the activation of the resource instrument.

12. The computer program product of claim 7, wherein receiving the activation indication from the user to activate the one or more resource instruments for the one or more interactions comprises receiving the activation indication from the user to activate the resource instrument after the resource instrument has been separated from the resource instrument connector.

13. A system for pre-approving use of one or more resource instruments, the system comprising:

one or more memory components storing computer-readable program code; and

one or more processing components operatively coupled to the one or more memory components, wherein the one or more processing components are configured to execute the computer-readable program code to;

receive an activation indication from a user for activation of the one or more resource instruments for one or more interactions, wherein the activation indication includes at least one or more resource instrument identifiers, and wherein the activation indication is received from a user computer system or a resource instrument system;

activate the one or more resource instruments for the one or more interactions using the one or more resource instrument identifiers;

receive a separation indication that a resource instrument has been separated from a resource instrument connector, wherein the resource instrument and the resource instrument connector are operatively coupled through a marker, and wherein the resource instrument system receives a signal from the marker when the resource instrument has been separated from the resource instrument connector;

send a separation notification to the user that the resource instrument has been separated from the resource instrument connector, wherein the separation notification is sent to the user computer system;

receive an inquiry from a third-party regarding an interaction, wherein the inquiry includes interaction information, wherein the interaction information includes at least a resource instrument identifier from the resource instrument, and wherein the inquiry is received from a third-party system;

determine when the resource instrument identifier received from the third-party meets the one or more resource instrument identifiers activated by the user and send an allowance notification to the third-party, wherein the allowance notification is sent to the third-party system; and

determine when the resource instrument identifier received from the third-party fails to meet the one or more resource instrument identifiers activated by the user and send a rejection notification to the third-party, wherein the rejection notification is sent to the third-party system.

14. The system of claim 13, wherein the activation indication from the user further includes one or more interaction requirements for the one or more resources instruments, and wherein the one or more processing components are further configured to execute the computer-readable program code to:

compare the interaction information received from the third-party with the one or more interaction requirements received from the user;

wherein the allowance notification is sent when the interaction information meets the one or more interaction requirements; and

wherein the rejection notification is sent when the interaction information fails to meet the one or more interaction requirements.

15. The system of claim 13, wherein the one or more resource instrument identifiers comprise a resource pool number and a resource instrument number.

16. The system of claim 13, wherein the marker is a conductor that when torn loses an electrical current that results in the signal, is a sticker that when removed loses the electrical current that results in the signal, is a radio frequency identification tag that when removed results in the signal, or a chip that when torn results in the signal.

17. The system of claim 13, wherein the one or more processing components are further configured to execute the computer-readable program code to:

receive a rejection indication from the user to reject the activation of the resource instrument.

18. The system of claim 13, wherein receiving the activation indication from the user to activate the one or more resource instruments for the one or more interactions comprises receiving the activation indication from the user to activate the resource instrument after the resource instrument has been separated from the resource instrument connector.