Methods, systems, and computer-readable storage media for managing risk using location, mobile, and user participating-based identity verification

• US 8,847,733 B2
• Filed: 05/21/2012
• Issued: 09/30/2014
• Est. Priority Date: 05/20/2011
• Status: Active Grant

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Khan, Mohammad Anwar, Singh, Dickey
• Primary Examiner(s): Bee, Andrew
• Assistant Examiner(s): Knox, Kaleria
• Application Number:
  US13/476,371
• Publication Number:
  US 20120293303A1
• Time in Patent Office: 862 Days
• Field of Search: 340/5.82, 705/44, 705/38, 713/182, 235/382, 455/406
• US Class Current: 340/5.82
• CPC Class Codes: G06F 21/32 using biometric data, e.g. fingerprints, iris scans or voiceprints
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing

Abstract

The presently disclosed subject matter is directed to methods, systems, and computer-readable storage media for location, mobile, and user participating-based identity verification for the purposes of risk management. In one embodiment, the method, system, and computer-readable storage media includes receiving user data, receiving verification data, and verifying the identity of a user based on the user data and the verification request data. The user data may include location data and/or identity data, and the user data may be received from a mobile device. The identity data may include biometric data regarding the user. The method, system, and computer-readable storage media may include comparing the user data to the verification request data. The method, system, and computer-readable storage media may also include performing an action based on the results of the verification wherein the action is authorizing a payment.

Claims

1. A method for using location data in a soft card issuance transaction, the method comprising:

using at least one processor and memory for;

receiving a request for issuance of a soft card, the request having a user data including location data securely attached to the request;

determining, based on the location data, whether a location of a prospective card owner is an acceptable location;

in response to determining that the location of the prospective card owner is an acceptable location, issuing the soft card to the prospective card owner; and

in response to determining that the location of the prospective card owner is not an acceptable location, prompting the prospective card owner in real time for a personal identification number (PIN), a passcode, or biometric identification information.

2. The method of claim 1, wherein the user data includes identity data.

3. The method of claim 2, wherein the identity data comprises biometric data regarding the user.

4. The method of claim 1, further comprising receiving the user data from a mobile device.

5. The method of claim 1, further comprising:

receiving an indication of a predetermined number of times within a time period that the soft card is authorized for use;

determining whether the predetermined number of times of authorized use within the time period has been exceeded; and

in response to determining that the predetermined number of times of authorized use within the time period has been exceeded, declining another attempted use of the soft card.

6. The method of claim 1, further comprising:

receiving user-input specifying criteria for treating an account associated with the soft card as a high risk account;

determining whether the specified criteria are met; and

in response to determining that the specified criteria are met, declining an attempted use of the soft card.

7. The method of claim 1, further comprising:

receiving user-input specifying criteria for treating an account associated with the soft card as a high risk account;

determining whether the specified criteria are met;

in response to determining that the specified criteria are met, alerting the user that the specified criteria are met;

receiving response of the user to one of authorize and decline an attempted use of the transaction card; and

one of authorizing and declining the attempted use based on the response of the user.

8. The method of claim 1, further comprising receiving, from a mobile device of a user, user specification of the location data for specifying where the user is to be traveling.

9. The method of claim 1, further comprising:

determining a change of a location of a mobile device of a user from a first location to a second location; and

requesting confirmation of the change of location from the mobile device.

10. The method of claim 1, further comprising receiving confirmation of the change of location from the mobile device, wherein the confirmation includes the verification request data.

11. A computing device for using location data in a soft card issuance transaction, the computing device comprising:

at least one processor and memory configured to;

receive a request for issuance of a soft card, the request having user data including location data securely attached to the request;

determining, based on the location data whether a location of a prospective card owner is an acceptable location;

in response to determining that the location of the prospective card owner is an acceptable location, issuing the soft card to the prospective card owner; and

in response to determining that the location of the prospective card owner is not an acceptable location, prompting the prospective card owner in real time for a personal identification number (PIN), a passcode, or biometric identification information.

12. The computing device of claim 11, wherein the user data includes identity data.

13. The computing device of claim 12, wherein the identity data comprises biometric data regarding the user.

14. The computing device of claim 12, further comprising receiving the user data from a mobile device.

15. The computing device of claim 11, wherein the at least one processor and memory are configured to receive, from a mobile device of a user, user specification of the location data for specifying where the user is to be traveling.

16. The computing device of claim 11, wherein the at least one processor and memory are configured to:

determine a change of a location of a mobile device of a user from a first location to a second location; and

request confirmation of the change of location from the mobile device.

17. The computing device of claim 11, wherein the at least one processor and memory are configured to receive confirmation of the change of location from the mobile device, wherein the confirmation includes the verification request data.

18. A non-transitory computer-readable medium having computer program code embodied thereon, the computer program code for using location data in a soft card issuance transaction, the computer program code comprising:

instructions for receiving a request for issuance of a soft card, the request having user data including location data securely attached to the request;

instructions for determining, based on the location data, whether a location of a prospective card owner is an acceptable location;

instructions for, in response to determining that the location of the prospective card owner is an acceptable location, issuing the soft card to the prospective card owner; and

in response to determining that the location of the prospective card owner is not an acceptable location, prompting the prospective card owner in real time for a personal identification number (PIN), a passcode, or biometric identification information.

19. The non-transitory computer-readable medium of claim 18, wherein the user data includes identity data.

20. The non-transitory computer-readable medium of claim 19, wherein the identity data comprises biometric data regarding the user.

21. The non-transitory computer-readable medium of claim 18, wherein the computer program code further comprises instructions for receiving the user data from a mobile device.