Dynamic security code push

• US 9,747,598 B2
• Filed: 08/26/2013
• Issued: 08/29/2017
• Est. Priority Date: 10/02/2007
• Status: Expired due to Fees

• Current Assignee: Liberty Peak Ventures, LLC (Dominion Harbor Enterprises, LLC)
• Original Assignee: III Holdings 1, LLC
• Inventors: McCabe, Colin T., Mogollon, Francisco
• Primary Examiner(s): Cervetti, David Garcia
• Application Number:
  US14/010,367
• Publication Number:
  US 20130346314A1
• Time in Patent Office: 1,464 Days
• Field of Search: 726 26
• CPC Class Codes: G06F 40/174 Form filling; Merging
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A system and method for fraud prevention is provided. This system and method may comprise a web browser having form filing capabilities. This system may interact with a financial institution to request and receive a dynamic security code to be used in merchant checkout page to complete a transaction.

Claims

1. A computer-implemented method comprising:

receiving, by a web browsing application, log in information to access a form filling tool of the web browsing application;

the web browsing application providing access to the form filling tool in response to verification of the log in information;

receiving, by the web browsing application, a selection of a transaction account from a plurality of transaction accounts to populate a merchant electronic form with transaction information, wherein at least some of the plurality of transaction accounts are associated with different issuers;

identifying, by the web browsing application, an issuer of the transaction account based on an account number associated with the transaction account;

transmitting, by the web browsing application, a request for a dynamic security code to a system associated with the issuer of the transaction account in response to the identification, wherein the dynamic security code is usable as a card security code in conjunction with the account number to initiate a purchase via the merchant electronic form; and

populating, by the web browsing application, transaction information into at least one field of the merchant electronic form.

2. The method of claim 1, wherein the dynamic security code is populated into the merchant electronic form by the web browsing application.

3. The method of claim 1, wherein the dynamic security code is generated by the system associated with the issuer of the transaction account and is transmitted to a transaction account holder computing device.

4. The method of claim 1, wherein the system associated with the issuer of the transaction account determines a contact channel and a contact address of an individual associated with the transaction account.

5. The method of claim 4, wherein the contact address is at least one of an email address, an instant messaging address, a social media contact address, a telephone number, an SMS address, a mobile application messaging address, or a mobile device messaging address.

6. The method of claim 4, wherein at least one of the contact channel and the contact address of the individual is transmitted to the web browsing application by the system associated with the issuer of the transaction account.

7. The method of claim 6, further comprising displaying, by the web browsing application, a message to the individual indicating the dynamic security code is being transmitted to at least one of the contact channel and the contact address of the individual.

8. The method of claim 4, wherein at least one of the contact channel and the contact address of the individual is hosted by a host of the web browsing application.

9. The method of claim 1, wherein an individual associated with the transaction account manually populates the dynamic security code into a security code field of the merchant electronic form.

10. The method of claim 1, wherein the populating includes at least one of selecting a link and entering information into a field.

11. The method of claim 1, wherein the system associated with the issuer of the transaction account associates a received transaction authorization request comprising the dynamic security code with an individual associated with the transaction account.

12. The method of claim 1, further comprising transmitting, by the web browsing application, the merchant electronic form comprising the transaction information to a merchant associated with a transaction.

13. The method of claim 1, wherein the merchant electronic form information is usable by the merchant to generate a transaction authorization request message.

14. The method of claim 1, further comprising verifying the log in information.

15. The method of claim 1, wherein the transaction account issuer provides a chargeback protection to a transaction based on use of the web browsing application.

16. The method of claim 1, further comprising transmitting, by the web browsing application, enhanced authorization data to the transaction account issuer.

17. A computer-implemented method comprising:

receiving, by a financial institution computing system, a request to generate a dynamic security code from a web browsing application, wherein the web browsing application is configured to perform electronic form filling, and wherein the request specifies a transaction account;

generating, by the financial institution computing system, the dynamic security code, wherein the dynamic security code is usable as a card security code in conjunction with an account number of the transaction account to initiate a purchase;

determining, by the financial institution computing system, contact information of a holder of the transaction account specified by the request to generate the dynamic security code;

the financial institution computing system transmitting the dynamic security code to the account holder based on the contact information;

associating, by the financial institution computing system, a transaction authorization request message comprising the dynamic security code with the holder of the transaction account, wherein the transaction authorization request message is received from a merchant based on an electronic form that has been at least partially filled by the web browsing application; and

authorizing, by the financial institution computing system, a transaction associated with the transaction authorization request message at least partially based on the associating.

18. The method of claim 17, wherein the web browsing application is configured to display a message to the holder of the transaction account indicating that the dynamic security code is being transmitted based on the contact information.

19. The method of claim 18, wherein the holder of the transaction account manually populates the dynamic security code in a security code field of a merchant electronic form.

20. A system comprising:

at least one processor; and

a tangible, non-transitory memory configured to communicate with the at least one processor;

wherein the tangible, non-transitory memory has instructions stored thereon that, in response to execution by the at least one processor, cause the system to perform operations including;

a web browsing application receiving log in information to grant access to a form filling tool of the web browsing application;

the web browsing application further providing access to the form filling tool in response to verification of the log in information;

the web browsing application receiving a selection of a transaction account from a plurality of transaction accounts to populate a merchant electronic form with transaction information, wherein at least some of the plurality of transaction accounts are associated with different issuers;

the web browsing application identifying an issuer of the transaction account based on an account number associated with the transaction account;

the web browsing application transmitting a request for a dynamic security code to a transaction account issuer system in response to the identification, wherein the dynamic security code is usable as a card security code in conjunction with the account number to initiate a purchase via the merchant electronic form; and

populating, by the web browsing application, transaction information into at least one field of the merchant electronic form.