Invention Grant
- Patent Title: Secure card not present transactions using chip-enabled cards
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Application No.: US15861285Application Date: 2018-01-03
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Publication No.: US10657535B1Publication Date: 2020-05-19
- Inventor: Raziq Yaqub
- Applicant: Wells Fargo Bank, N.A.
- Applicant Address: US CA San Francisco
- Assignee: Wells Fargo Bank, N.A.
- Current Assignee: Wells Fargo Bank, N.A.
- Current Assignee Address: US CA San Francisco
- Agency: Shumaker & Sieffert P.A.
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q20/40 ; G06Q20/34 ; G07F7/10 ; G06Q30/06 ; G07F7/08

Abstract:
Techniques are described for performing secure card not present (CNP) transactions using integrated circuit chip-enabled cards. The techniques include continually or periodically tracking a location of a user's card by a user computing device, e.g., a “smart” phone, and storing a log of datasets relating to the location of the user's card at a server device. Based on the tracking, the user computing device may alert the user via a push notification or other message when the user's card is not within a preset range of the user computing device. In addition, an authentication server determines a location of a purchaser computing device attempting to perform a CNP transaction using the user's card information, and compares the location of the purchaser computing device with a most recent location of the user's card retrieved from the log of datasets to determine whether to approve the CNP transaction.
Information query