The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 27, 2020
Filed:
Sep. 01, 2015
Bank of America Corporation, Charlotte, NC (US);
Joseph B. Castinado, North Glenn, CO (US);
Philip Mork, Huntersville, NC (US);
Kimberly Turner, Sicklerville, NJ (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Embodiments of the invention are directed to systems, methods, and computer program products for authenticating the use of a wearable device to execute a transaction. The system is configured to receive an indication that a user is in possession of the wearable device; authenticate the wearable device; transmit a pointer associated with the token to a global merchant device; receive an indication from the user to execute a transaction with at least one of the one or more local merchant devices; retrieve information identifying the token; transmit a first notification associated with the transaction to the global merchant device; determine a match between the wearable device and the pointer associated with the token; determine that the user continues to remain in possession of the wearable device; and complete execution of the transaction.