SYSTEM AND METHOD FOR USING FLEXIBLE CIRCUITRY IN PAYMENT ACCESSORIES

• US 20130332353A1
• Filed: 06/08/2012
• Published: 12/12/2013
• Est. Priority Date: 06/08/2012
• Status: Abandoned Application

• Current Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Original Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Inventors: King, Kate T., Rolinson, Stuart, Aidasani, Dilip Lachman, Mangeney, Estelle Karine Rachel, Newman, Charles, Waters, Richard Grant
• Application Number:
  US13/492,002
• Publication Number:
  US 20130332353A1
• Time in Patent Office: Days
• US Class Current: 705/41
• CPC Class Codes: G06F 21/32 using biometric data, e.g. fingerprints, iris scans or voiceprints
• CPC Class Codes: G06K 19/0718 the sensor being of the biometric kind, e.g. fingerprint sensors fingerprint sensors in general G06V40/13; biometric access-control systems in general, see G07C9/00
• CPC Class Codes: G06K 19/07749 the record carrier being capable of non-contact communication, e.g. constructional details of the antenna of a non-contact smart card
• CPC Class Codes: G06K 19/07762 the adhering arrangement making the record carrier wearable, e.g. having the form of a ring, watch, glove or bracelet record carriers for insertion in the human body for medical purposes A61B90/00; record carriers adapted for attachment to animals A01K11/00
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/306 using TV related infrastructures external card used for payment with client device H04N21/4185
• 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 20/352 Contactless payments by cards
• CPC Class Codes: G06Q 20/386 using messaging services or messaging apps using mobile network messaging services for payment, e.g. SMS G06Q20/3255
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G07F 7/0806 Details of the card record carriers per se G06K
• CPC Class Codes: H04L 63/0861 using biometrical features, e.g. fingerprint, retina-scan cryptographic mechanisms or cryptographic arrangements for entity authentication using biological data H04L9/3231
• CPC Class Codes: H04W 12/06 Authentication
• CPC Class Codes: H04W 12/068 using credential vaults, e.g. password manager applications or one time password [OTP] applications
• CPC Class Codes: H04W 12/33 using wearable devices, e.g. using a smartwatch or smart-glasses

Abstract

Systems and methods described herein may comprise RFID data acquisition technology which may be embedded in a fob or tag for use in completing financial transactions. This fob may a self-contained device which includes a transponder and which may be contained on any portable form factor and may comprise flexible circuitry. For instance, the fob may be housed in a wearable transaction instrument, such as a bracelet, ring, wrist band, retractable id, necklace, jewelry charm, lanyard, key ring fob, watch, band, pin, and/or the like. The fob is configured to be used in concert with an RFID reader device.

Claims

1. A wearable radio-frequency identification transaction device comprising:

a radio-frequency identification fob;

a microprocessor; and

a biometric sensor, wherein the wearable radio-frequency identification transaction device is configured to interact with a RFID reader.

2. The wearable radio-frequency identification transaction device of claim 1, wherein the biometric sensor is a fingerprint reader.

3. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification fob is configured to interact with an RFID reader coupled to a point of sale system.

4. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification transaction device is configured to be inserted and removable from an object intended to be worn by a user.

5. The wearable radio-frequency identification transaction device of claim 4, wherein the radio-frequency identification transaction device is configured to be housed within at least one of a bracelet, ring, wrist band, key ring fob, retractable id, necklace, jewelry charm, lanyard, watch, band, and pin.

6. The wearable radio-frequency identification transaction device of claim 1, wherein the user may configure the radio-frequency identification transaction device to be available for use for a limited duration, a reoccurring period, limited geographic use, for limited transaction types, a capped transaction amount, use at specified merchants, and capped to a specified balance.

7. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification transaction device further comprises a flexible display.

8. The wearable radio-frequency identification transaction device of claim 1, wherein inputted fingerprint data is used to identify a transaction account of a plurality of transaction accounts.

9. The wearable radio-frequency identification transaction device of claim 1, wherein wireless transmission capabilities of the radio-frequency identification transaction device are activated in response to inputted biometric data matching previously stored biometric data.

10. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification transaction device is configured to interact with social media applications.

11. The wearable radio-frequency identification transaction device of claim 1, further comprising location identification configured to geotag the radio-frequency identification transaction device use.

12. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification transaction device is configured to be used in credit transactions, charge account transactions, loyalty point transactions, pre-paid transactions and debit transactions.

13. The wearable radio-frequency identification transaction device of claim 1, wherein the wherein the radio-frequency identification transaction device is configured to grant physical access to a restricted location based upon at least one of visual inspection and using wireless communication technology.

14. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification transaction device is configured to grant access to at least one of transportation and secure locations.

15. The wearable radio-frequency identification transaction device of claim 1, further comprising lighted indicators to provide user feedback.

16. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification transaction device is a passive device.

17. The wearable radio-frequency identification transaction device of claim 1, further comprising a battery.

18. The wearable radio-frequency identification transaction device of claim 1, wherein the radio-frequency identification fob is configured to interact with an RFID reader to transfer personal information.

19. A system comprising:

a processor configured to provide information via a wearable radio-frequency identification transaction device,

a tangible, non-transitory memory configured to communicate with the processor,

the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising;

storing, by the processor, encrypted biometric data associated with a user transaction account to a storage memory of the wearable radio-frequency identification transaction device to create stored user transaction account data;

inputting, by the processor, biometric data, via a biometric housed on the wearable radio-frequency identification transaction device;

encrypting, by the processor, the inputted biometric data;

comparing, by the processor, the inputted encrypted biometric data to the stored encrypted biometric data;

accessing, by the processor, the stored user transaction account data of a plurality of stored user transaction account data, in response to the inputted encrypted biometric data matching the stored encrypted biometric data associated with the user transaction account;

enabling, by the processor, the wireless transmitting capabilities of the wearable radio-frequency identification transaction device, in response to the inputted encrypted biometric data matching the stored encrypted biometric data; and

transmitting, by the processor, the stored user transaction account data.

20. A computer-implemented method comprising,

storing, by a processor for performing a transaction, encrypted biometric data associated with a user transaction account to a wearable radio-frequency identification transaction device to create stored user transaction account data;

inputting, by the processor, biometric data, via a biometric sensor housed on the wearable radio-frequency identification transaction device;

encrypting, by the processor, the inputted biometric data;

comparing, by the processor, the inputted encrypted biometric data to the stored encrypted biometric data;

accessing, by the processor, the stored user transaction account data of a plurality of stored user transaction account data, in response to the inputted encrypted biometric data matching the stored encrypted biometric data associated with the user transaction account;

enabling, by the processor, the wireless transmitting capabilities of the wearable radio-frequency identification transaction device in response to the inputted encrypted biometric data matching the stored encrypted biometric data; and

transmitting, by the processor, the stored user transaction account data.