Systems and Methods for Tokenizing Financial Information
First Claim
1. A computer-implemented method for providing tokens to devices, the method comprising:
- receiving, from a device, a request for a token to represent financial information;
identifying, in response to the request, token information associated with the token;
providing at least a portion of the token information to the device; and
providing the token to a third party entity, wherein the third party entity utilizes the received token to evaluate a second token subsequently received from one of the device or a user of the device,wherein the above operations are performed by one or more computers associated with a tokenization service provider.
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Accused Products
Abstract
Embodiments of the invention can provide systems and methods for tokenizing financial information associated with mobile device transactions. According to one example embodiment of the invention, a method for providing tokens to devices can be provided. The method can include receiving, from a device, a request for a token to represent financial information; identifying, in response to the request, token information associated with the token; providing at least a portion of the token information to the device; and providing the token to a third party entity, wherein the third party entity utilizes the received token to evaluate a second token subsequently received from one of the device or a user of the device.
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Citations
15 Claims
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1. A computer-implemented method for providing tokens to devices, the method comprising:
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receiving, from a device, a request for a token to represent financial information; identifying, in response to the request, token information associated with the token; providing at least a portion of the token information to the device; and providing the token to a third party entity, wherein the third party entity utilizes the received token to evaluate a second token subsequently received from one of the device or a user of the device, wherein the above operations are performed by one or more computers associated with a tokenization service provider. - View Dependent Claims (2, 3, 4, 5)
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6. A system for providing tokens to devices, the system comprising:
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at least one memory configured to store computer-executable instructions; and at least one processor configured to access the at least one memory and execute the computer-executable instructions to; receive, from a device, a request for a token to represent financial information; identify, in response to the request, token information associated with the token; provide at least a portion of the token information to the device; and provide the token to a third party entity, wherein the third party entity utilizes the received token to evaluate a second token subsequently received from one of the device or a user of the device, wherein the above operations are performed by one or more computers associated with a tokenization service provider. - View Dependent Claims (7, 8, 9, 10)
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11. A method comprising:
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receiving, from a mobile device, a request for a token to represent financial information; identifying, in response to the request, token information associated with the token; providing at least a portion of the token information to the mobile device; and providing the token to a third party entity, wherein the third party entity utilizes the received token to evaluate a second token received from one of the mobile device or a user of the mobile device, wherein the above operations are performed by one or more computers associated with a service provider. - View Dependent Claims (12, 13, 14, 15)
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Specification