Virtualization and secure processing of data

• US 9,082,119 B2
• Filed: 10/17/2013
• Issued: 07/14/2015
• Est. Priority Date: 10/17/2012
• Status: Active Grant

• Current Assignee: Royal Bank of Canada (The PNC Financial Services Group, Inc.)
• Original Assignee: Royal Bank of Canada (The PNC Financial Services Group, Inc.)
• Inventors: Lee, Terry W., Ortiz, Edison U.
• Primary Examiner(s): Nigh, James D
• Application Number:
  US14/056,440
• Publication Number:
  US 20140108263A1
• Time in Patent Office: 635 Days
• Field of Search: 705/64, 705/65
• US Class Current: 1/1
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3221 Access to banking information through M-devices
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/36 using electronic wallets or electronic money safes
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3672 initialising or reloading thereof
• CPC Class Codes: G06Q 20/38215 Use of certificates or encrypted proofs of transaction rights
• CPC Class Codes: G06Q 20/3823 combining multiple encryption tools for a transaction
• CPC Class Codes: G06Q 20/3829 involving key management
• 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 2220/00 Business processing using cryptography postage metering system using cryptography G06Q2250/05

Abstract

Systems, methods, and non-transient machine-interpretable data representing executable instruction sets and/or other products for the processing of data for the secure creation, administration, manipulation, processing, and storage of electronic data useful in the processing of payment transactions and other secure data processes. In various aspects and embodiments the disclosure provides secure means for the authorization of sensitive and other data processes subject to controlled access. Such processes include, for example the creation, administration, authorization, virtualization, storage, and other manipulation or processing of electronic data representing characteristics of, instructions for, and information associated with consumer, business, and other payment accounts, and other forms of secure payment elements, such as payment tokens; and data useful in processing transactions using such accounts and elements. Information associated with particular payment means, such as accounts or payment tokens, can be stored, for example, in a data set, usually secure, sometimes referred to as a virtual or electronic wallet, or a secure payment token.

Claims

1. A mobile communication device comprising:

at least one wireless communication system;

at least one data processor; and

at least one persistent memory device, the at least one persistent memory device comprising stored data representing at least;

at least one secure payment token, the at least one secure payment token comprising data representing at least an authorized transaction amount and a payment service provider by which a transaction in accordance with the amount was authorized;

a plurality of protocol identifiers, each associated with a distinct one of a plurality of payment protocols; and

one or more sets of machine-interpretable instructions;

the at least one data processor adapted, by execution of the one or more sets of stored, machine-interpretable instructions, to;

in accordance with a selection of a user of the mobile communication device, access one of the plurality of stored protocol identifiers,

configure the at least one payment token for processing in accordance with the protocol associated with the accessed protocol identifier; and

using the wireless communication system, route the configured payment token to a merchant transaction processing system.

2. A mobile communication device according to claim 1, wherein the configured payment token routed to the merchant transaction system comprises data representing at least one identifier associated with the mobile communication device and at least one identifier associated with the user of the mobile communication device.

3. A mobile communication device according to claim 1, wherein the at least one persistent memory device includes a removable memory device.

4. A mobile communication device according to claim 1, wherein the one or more sets of stored, machine-interpretable instructions include a virtual wallet application configured to manage access to the data representing at least the secure payment token and a plurality of applets, each of the plurality of applets configured to manage access to one of the protocol identifiers.

5. A mobile communication device according to claim 1, wherein the secure payment token is encrypted in accordance with a public key—

private key encryption scheme.

6. A mobile communication device according to claim 1, wherein the payment protocol is a credit protocol.

7. A mobile communication device according to claim 1, wherein the payment protocol is a debit protocol.

8. A mobile communication device according to claim 1, wherein the payment protocol is a loyalty protocol.