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:
Dec. 24, 2024
Filed:
Nov. 23, 2021
Bank of America Corporation, Charlotte, NC (US);
Saurabh Gupta, New Delhi, IN;
BANK OF AMERICA CORPORATION, Charlotte, NC (US);
Abstract
A system is provided for processing mobile resource transfers using secure tokens on a distributed register. In particular, each mobile device may be associated with a unique, immutable data identifier that may be stored within the distributed register. Resource transfers initiated by the mobile device may be authenticated by the resource transfer servers using the secure token associated with the mobile device along with the resource transfer data or metadata transmitted by the mobile device. Based on the historical data associated with the mobile device in conjunction with the secure token and resource transfer data and metadata, the resource transfer server may initiate an authorization process on the resource transfer requested by the mobile device. In this way, the system provides a secure way to process mobile resource transfers.