Apple Inc.

Bank of America Corporation

Thomas Elliott

Tony England

Matthew D Murphy

Steven Michael Twombly

Stephen Philip Selfridge

Justin Riley DuPont

William Bradley Burks

James J Williams

Patrick Thomas McConnell

Daniel James Doherty

Nickolas Patrick Parker

Ahmer Ali Khan

Timothy S Hurley

David E Brudnicki

Manoj K Thulaseedharan Pillai

Jennifer J Bailey

Daniel R Borges

Achim Pantfoerder

Subash Marri Sridhar

Johan Olav Bergerengen

Irene M Graff

Systems, methods, and computer-readable media for communicating electronic device secure element data over multiple paths for online payments are provided. In one example embodiment, a method includes, inter alia, at a commercial entity subsystem, receiving, from an electronic device, device transaction data that includes credential data indicative of a payment credential on the electronic device for funding a transaction with a merchant subsystem, accessing a transaction identifier, deriving a transaction key based on transaction key data that includes the accessed transaction identifier, transmitting, to one of the merchant subsystem and the electronic device, merchant payment data that includes a first portion of the credential data and the accessed transaction identifier, and sharing, with a financial institution subsystem using the transaction key, commercial payment data that includes a second portion of the credential data that is different than the first portion of the credential data. Additional embodiments are also provided.

Multi-path communication of electronic device secure element data for online payments

Embodiments of the present invention provide systems, apparatus, methods and/or the like for generating a resource distribution hub using for fully electronic resource distribution by using mobile device application designed to interface with an embedded Near-Field Communication (NFC) tag in a resource distribution instrument that stores instructions for processing the resource distribution authorization information. The holder (i.e., resource provider) of the resource distribution instrument can use the resource distribution instrument to communicate to a mobile communication device having an NFC reader to read the instructions and process a resource distribution according to the parameters of the mobile device application. As such, the holder (i.e., resource provider) of the resource distribution request can process the resource distribution without having to issue a credentials, aliases, pin codes, and the like conventionally used to authorizes the distribution of resources to the resource requester.

Resource distribution hub generation on a mobile device

Embodiments of the present invention provide a system for secondary authentication via contactless distribution of dynamic resources. When an event request associated with a user is received, a prompt for event information is transmitted to a computing device. Based on the event information that is received, a determination is made that the event request requires a secondary authentication in the form of a near field communication ('NFC') interaction between an NFC chip associated with the user and a secondary authentication device. The NFC chip associated with the user may additionally be associated with a dynamic resource value element. Once the NFC interaction is detected, a dynamic resource value is extracted and compared to an expected dynamic resource value. If the values match, then the user is authenticated for the requested event at the secondary authentication level.

System for secondary authentication via contactless distribution of dynamic resources

Embodiments of the present disclosure are directed to, among other things, improving data security with respect to data collection, verification, and authentication techniques associated with obtaining and transmitting identity information. For example, an identification credential may be received (e.g., via a short-range communications protocol such as iBeacon) by a first device from a second device. The credential may be associated with a second user of the second device. The first device may verify the credential and, if valid, an additional option to approve a secure communications channel may be presented at the first device. If the additional option is selected, a secure communications channel may be established between the first device and the second device.

Identity credential verification techniques

Embodiments of the invention are directed facilitating an electronic resource distribution by embedding a short-range wireless tag in a resource distribution request that stores instructions for processing the resource distribution in a fully electronic processing flow. As such, the resource distribution request holder is capable of processing the request without issuing a resource distribution document to the resource requester. In additional embodiments of the invention, the short-range wireless tag further stores instructions for arranging subsequent resource distributions to the resource requester to occur without the need for the resource requester to present a resource request document.

Embedded tag for resource distribution

The invention comprises a user friendly investment strategy platform. This invention allows for a drag-and-drop platform for various sectors, strategies, vehicles, and timing in the form of blocks. This allows a user to generate any desired resource management strategy and the system may deploy the strategy as a simulated resource management action. Furthermore, the system allows for deployment of the resource action live on a resource exchange upon user authorization. The blocks include object codes that are programmed to build out any possible resource management strategy. The invention may also suggest or recommend thresholds, and other templates that allow for customization.

System for backend resource management simulation and live deployment

Embodiments of the present disclosure are directed to, among other things, improving data security with respect to data collection, verification, and authentication techniques associated with obtaining and transmitting identity information. For example, an identity credential may be secured using biometric information associated with a user, the biometric information being obtained using a first biometric input method of a plurality of biometric input methods. When the user is later authenticated, the authentication may be based at least in part on determining that the user has selected a biometric input method that matches the biometric input method used to secure the credential as well as providing biometric information that matches the biometric information used to secure the identity credential.

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Redwood City, CA, United States of America

Thomas Elliott