Bank of America Corporation

Anna Xu

Brandon Matthew Castagna

Christopher Hope

Ayeesha Sachedina

Sumita Desai

James McMorrow

Lauren Hewings

Alex Wong

Sasikumar Sivaraman

Shehreyar Jamshed

A method for harnessing a connected network to securely verify and execute a transaction is provided. The method may include requesting a PIN from a mobile device. The request may be transmitted via a USSD message. The method may also include receiving the PIN from the mobile device. The PIN may be received via a response to the USSD message. The method may also include authenticating the mobile device. The method may also include accessing a third-party network to verify an authentication status of the mobile device. The third-party network may include a plurality of IoT endpoints. Each IoT endpoint may include a stored verification usage process. The stored verification usage process may relate to a user associated with the mobile device. The method may also include executing the transaction upon receipt of an authentication signal from the third-party network.

System for harnessing a connected network to securely verify a transaction

Growing community of inventors

Charlotte, NC, United States of America

Anna Xu