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:
Sep. 05, 2017
Filed:
Apr. 12, 2013
Maxim Integrated Products, Inc., San Jose, CA (US);
Edward Tangkwai Ma, Plano, TX (US);
Michael L Bolan, Hillsboro, TX (US);
Robert Robert Muchsel, Addison, TX (US);
Donald W. Loomis, Coppell, TX (US);
Maxim Integrated Products, Inc., San Jose, CA (US);
Abstract
The invention relates to authentication in mobile financial transactions, and more particularly, to systems, devices and methods of employing a location tracking function within a mobile device for the purpose of authenticating a user and a trusted transaction when this mobile device is configured to a mobile point-of-sale (POS) terminal. Authentication is primarily implemented by a secure element integrated within the mobile device based on comparison between captured geo-location data and some known information, such as a retailer address, this user's behavior pattern and shopping habit, that may be derived from the geo-location data. In the secure element, a secure memory stores a plurality of geo-location data from which a secure processor generates information concerning a behavior pattern or a shopping habit of the user. A V/A unit receives a real-time geo-location of the mobile device, and thereby, verifies the user or the trusted transaction according to the generated information.