RESTORING OR REISSUING OF A TOKEN BASED ON USER AUTHENTICATION
First Claim
1. A system for restoring a previously modified token or reissuing an unfettered token for use in a token-based financial transaction, the system comprising:
- a computer apparatus including one or more computing processors and a memory; and
a module stored in the memory, the module comprising computer-executable instructions that when executed by the one or more processors cause the system to;
provide to a user a notification indicating a fettered token was generated for a payment vehicle or a token associated with the payment vehicle was modified based at least partially on identifying a potential exposure to loss associated with a financial transaction involving the payment vehicle;
receive, from the user, authentication information, wherein the authentication information is useable to authenticate the financial transaction and/or to authenticate the user; and
determine whether or not to restore the token associated with the payment vehicle that was modified or to generate an unfettered token and associate the unfettered token with the payment vehicle based at least partially on the authentication information.
1 Assignment
0 Petitions
Accused Products
Abstract
Embodiments described herein relate to an invention for restoring a modified token or reissuing an unfettered token for use in a financial transaction. The systems, methods, and computer program products are configured to: (a) provide to a user a notification indicating a fettered token was generated for a payment vehicle or a token associated with the payment vehicle was modified based at least partially on identifying a potential exposure to loss associated with a financial transaction involving the payment vehicle; (b) receive, from the user, authentication information, wherein the authentication information is useable to authenticate the financial transaction and/or to authenticate the user; and (c) determine whether or not to restore the token associated with the payment vehicle that was modified or to generate an unfettered token and associate the unfettered token with the payment vehicle based at least partially on the authentication information.
55 Citations
20 Claims
-
1. A system for restoring a previously modified token or reissuing an unfettered token for use in a token-based financial transaction, the system comprising:
-
a computer apparatus including one or more computing processors and a memory; and a module stored in the memory, the module comprising computer-executable instructions that when executed by the one or more processors cause the system to; provide to a user a notification indicating a fettered token was generated for a payment vehicle or a token associated with the payment vehicle was modified based at least partially on identifying a potential exposure to loss associated with a financial transaction involving the payment vehicle; receive, from the user, authentication information, wherein the authentication information is useable to authenticate the financial transaction and/or to authenticate the user; and determine whether or not to restore the token associated with the payment vehicle that was modified or to generate an unfettered token and associate the unfettered token with the payment vehicle based at least partially on the authentication information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
-
-
9. A computer program product for use in a token-based financial transaction system, whereby the computer program product restores a previously modified token or reissues an unfettered token, the computer program product comprising a non-transitory computer-readable medium, wherein the non-transitory computer-readable medium comprises one or more computer-executable program code portions that, when executed by a computer, cause the computer to:
-
provide to a user a notification indicating a fettered token was generated for a payment vehicle or a token associated with the payment vehicle was modified based at least partially on identifying a potential exposure to loss associated with a financial transaction involving the payment vehicle; receive, from the user, authentication information, wherein the authentication information is useable to authenticate the financial transaction and/or to authenticate the user; and determine whether or not to restore the token associated with the payment vehicle that was modified or to generate an unfettered token and associate the unfettered token with the payment vehicle based at least partially on the authentication information. - View Dependent Claims (10, 11, 12, 13, 14)
-
-
15. A method for restoring a previously modified token or reissuing an unfettered token for use in a token-based financial transaction, the method comprising:
-
providing to a user a notification indicating a fettered token was generated for a payment vehicle or a token associated with the payment vehicle was modified based at least partially on identifying a potential exposure to loss associated with a financial transaction involving the payment vehicle; receiving, from the user, authentication information, wherein the authentication information is useable to authenticate the financial transaction and/or to authenticate the user; and determining, by a computer processor, whether or not to restore the token associated with the payment vehicle that was modified or to generate an unfettered token and associate the unfettered token with the payment vehicle based at least partially on the authentication information. - View Dependent Claims (16, 17, 18, 19, 20)
-
Specification