Multiple trust modes for handling data

• US 7,657,761 B2
• Filed: 03/05/2007
• Issued: 02/02/2010
• Est. Priority Date: 01/11/2002
• Status: Expired due to Fees

• Current Assignee: Checkfree Services Corporation (Fiserv Incorporated)
• Original Assignee: CashEdge Incorporated (Fiserv Incorporated)
• Inventors: Dilip, Venkatachari, Dheer, Sanjeev, Sokolic, Jeremy N.
• Primary Examiner(s): Revak; Christopher A
• Application Number:
  US11/714,627
• Publication Number:
  US 20070162769A1
• Time in Patent Office: 1,065 Days
• Field of Search: None
• US Class Current: 713/194
• CPC Class Codes: G06F 21/6245 Protecting personal data, e.g. for financial or medical purposes
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: H04L 63/083 using passwords cryptographic mechanisms or cryptographic arrangements for entity authentication using a predetermined code H04L9/3226

Abstract

A user is presented with multiple modes of operation, such that the multiple modes of operation define different trust options for handling data (such as login credentials or other sensitive data) associated with the user. A selection of one of the multiple modes of operation is received from the user. Data associated with the user is handled in accordance with the selected mode of operation.

Claims

1. A method comprising:

identifying multiple financial accounts associated with a user, wherein the multiple financial accounts are with a plurality of financial institutions;

presenting the user with a plurality of trust modes, each of which can be associated with one or more of the plurality of financial institutions, wherein each mode directs a server remote from the plurality of financial institutions to handle user data in a particular manner, and wherein the user data comprises user login data used to access accounts online at one of the plurality of financial institutions;

receiving a selection of a trust mode from the user for each of the multiple financial institutions;

associating a selected mode with each of the multiple financial institutions;

storing,

financial institution data for each of the plurality of financial institutions, comprising data which may be used to locate and communicate with the plurality of financial institutions;

data identifying the multiple financial accounts; and

the associated modes; and

handling the user data associated with each of the plurality of financial institutions in accordance with an associated trust mode each time one of the multiple financial accounts is accessed, wherein accessing one of the multiple financial accounts comprises a financial analysis system accessing the account on behalf of the user.

2. A method as recited in claim 1 wherein the plurality of trust modes comprises a moderate trust mode that directs the financial analysis system to encrypt the user data, and store the encrypted user data.

3. A method as recited in claim 2 wherein the moderate trust mode directs the financial analysis system to encrypt the user authentication data using one-way encryption.

4. A method as recited in claim 1 wherein the plurality of trust modes comprises a high trust mode that directs the financial analysis system to encrypt the user authentication data using two-way encryption, and store the encrypted user authentication data.

5. A method as recited in claim 1 further comprising associating a default mode with each of the multiple financial accounts if the user does not select a valid trust mode.

6. A method for analyzing financial data, the method comprising:

a processor-based financial analysis system receiving a user request to monitor a plurality of user accounts;

the system receiving account access information from the user regarding each of the user accounts via a network, wherein the account access information comprises user authentication data;

the system receiving a selection of one of a plurality of trust modes from the user for each of the plurality of accounts, wherein each trust mode directs the financial analysis system to handle the user authentication data in a specified manner; and

the system automatically monitoring the plurality of user accounts via the network, comprising,

accessing the user accounts using the received account access information; and

retrieving current account information regarding the user accounts.

7. The method of claim 6, wherein the plurality of trust modes comprises at least one high trust mode that implies the user has granted automatic access to a user account.

8. The method of claim 6, wherein the plurality of trust modes comprises at least one low trust mode, wherein accessing a user account using the received account access information and a low trust mode comprises:

asking the user for a missing credential; and

retrieving current account information regarding the user account when the missing credential has been supplied.

9. The method of claim 6, further comprising:

notifying a plurality of financial institutions of the availability of the plurality of trust modes;

each of the plurality of financial institutions choosing at least one of the trust modes to make available to a user, wherein the user is a customer of a financial institution; and

maintaining a list comprising each of the plurality of financial institutions and respective trust modes chosen by each of the plurality if financial institutions.