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:
May. 05, 2026
Filed:
Jan. 27, 2022
Uipco, Llc, San Antonio, TX (US);
Yevgeniy Viatcheslavovich Khmelev, San Antonio, TX (US);
Gregory Brian Meyer, San Antonio, TX (US);
United Services Automobile Association (USAA), San Antonio, TX (US);
Abstract
A system and method for generating virtual financial accounts that may be used to consummate transactions when the mobile device is off-line. The virtual financial accounts are generated in mobile devices that are associated with financial institutions. The financial accounts may be credit card or debit card accounts. Each attempted financial transaction by the mobile device is treated as a unique event. An app running on the mobile device calculates a risk score for the attempted transaction based on factors such as GPS location and typical spending patterns for the financial account, and then approves or denies the transaction. In some cases, biometric verification devices (such as fingerprints, facial recognition or voice recognition) may be used by the app to further authenticate the transaction.