Location Verification During Dynamic Data Transactions

  • Published: Sep 21, 2017
  • Earliest Priority: Mar 18 2016
  • Family: 7
  • Cited Works: 1
  • Cited by: 0
  • Cites: 6
  • Additional Info: Full text

Described herein is a platform and method for determining a confidence level associated with a transaction that utilizes dynamic data. In some embodiments, the confidence level is determined based on location data received in relation to the transaction. For example, some embodiments are directed to storing first location information collected from a mobile device provided in a request for the dynamic data, receiving second location information related to a transaction conducted using the dynamic data, and comparing the two with respect to the amount of time that has elapsed between collection of each to determine a confidence level associated with a likelihood that the transaction is authentic.

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Document History
  • Publication: Sep 21, 2017
  • Application: Mar 1, 2017
    WO US 2017/0020247 W
  • Priority: Mar 18, 2016
    US US 201615074941 A

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