System of security that prevents abuse of identity data in global commerce via mobile wireless authorizations
First Claim
1. A system of security that prevents misuse of identity data of an identity data owner in an identity data driven transaction in a global commerce network, the system comprising:
- in the system, a transaction processing entity, after receiving an identity data driven transaction from a transaction initiating entity, puts on hold processing of the transaction for a period of time; and
during this period of time the transaction processing entity with a wireless mobile authorization subsystem, contacts the identity data owner'"'"'s wireless mobile communication device, and waits for authorization of the transaction, before the transaction processing is completed.
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Accused Products
Abstract
A system of security that prevents misuse of identity data of an identity data owner in an identity data driven transaction in a global commerce network, that has in the system, a transaction processing entity that after it receives a identity data driven transaction from a transaction initiating entity, puts on hold the processing of the transaction for a period of time and via the identity data owner'"'"'s wireless mobile communication device, contacts the identity data owner for authorization of the transaction before the transaction processing is completed. The system of security for identity data may be used in the identity data driven transaction is one from a group of (i) credit card payment, (ii) bank account payment, (iii) release of credit profile, (iv) release of financial data, and (v) release of medical data.
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Citations
24 Claims
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1. A system of security that prevents misuse of identity data of an identity data owner in an identity data driven transaction in a global commerce network, the system comprising:
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in the system, a transaction processing entity, after receiving an identity data driven transaction from a transaction initiating entity, puts on hold processing of the transaction for a period of time; and during this period of time the transaction processing entity with a wireless mobile authorization subsystem, contacts the identity data owner'"'"'s wireless mobile communication device, and waits for authorization of the transaction, before the transaction processing is completed. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system for a wireless mobile device based authorization security service, comprising:
a wireless mobile device based security service that contacts identity data owners via the wireless device to authorize identity data driven transactions while being processed by a transaction processing entity, wherein, in a global commerce network, the service prevents misuse of personal identity data of an identity data owner. - View Dependent Claims (12, 13, 14, 15)
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16. A method of preventing misuse of bankcard data for an unauthorized payment transaction comprising the steps of:
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a. receiving, by a financial entity which maintains accounts of a customer, (i) a bankcard originated payment authorization request from a merchant point of sale, via a card authorization network and (ii) a payee originated request for payment via a ACH; b. putting on hold, by the financial entity, the processing of the payment authorization request for a period of time enabling contacting the customer via a wireless mobile device of the customer, with information about the payment authorization request and requesting a response to proceed with the payment authorization; c. awaiting the response by the entity from the customer for a period of time, and processing the response, where on receiving (i) a yes response approving the request, (ii) on receiving a No response declining the request and (iii) for lack of response, advising the requesting entity to present the request at a later time. - View Dependent Claims (17, 18, 19, 20, 21)
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22. A method of preventing misuse of identity data comprising the steps of:
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a. receiving by a credit rating agency a credit profile request from a financial entity for a loan applicant customer and from an entity for an employment applicant customer for character reference; b. putting on hold, by the credit profile agency, the processing of the profile request for a period of time enabling contacting the customer via a wireless mobile device of the customer, with information about the profile request and requesting a response to proceed with the profile release authorization; c. awaiting the response by the credit agency from the customer for a period of time, and processing the response, where on receiving a Yes response approving the request, on receiving a No response declining the request and for lack of response, advising the requesting entity to present the request at a later time, thereby eliminating the need of obtaining a written authorization from the identity data owner for release of private data.
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23. A system of security that prevents misuse of identity data of an identity data owner in an identity data driven transaction in a global commerce network, the system comprising:
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a. wireless mobile device of an identity data owner, the device has security means to securely receive a mobile authorization message requesting authorization of an identity data driven transaction from a mobile authorization service; b. the device has means to reply to the transaction authorization message with either an accept or reject return response message. - View Dependent Claims (24)
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Specification