18390650. PERSONALIZED QR CODES FOR ATM AUTHENTICATION simplified abstract (Capital One Services, LLC)
Contents
- 1 PERSONALIZED QR CODES FOR ATM AUTHENTICATION
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 PERSONALIZED QR CODES FOR ATM AUTHENTICATION - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Potential Applications
- 1.6 Problems Solved
- 1.7 Benefits
- 1.8 Potential Commercial Applications
- 1.9 Possible Prior Art
- 1.10 Unanswered Questions
- 1.11 Original Abstract Submitted
PERSONALIZED QR CODES FOR ATM AUTHENTICATION
Organization Name
Inventor(s)
Jeremy J. Phillips of Brooklyn NY (US)
Ashay Sheth of New York NY (US)
PERSONALIZED QR CODES FOR ATM AUTHENTICATION - A simplified explanation of the abstract
This abstract first appeared for US patent application 18390650 titled 'PERSONALIZED QR CODES FOR ATM AUTHENTICATION
Simplified Explanation
The patent application describes a system for creating a personalized visual code for completing a transaction at an ATM. The system pairs the transaction with the ATM, retrieves unique user information, generates a personalized visual code based on this information, and presents it on the ATM according to specific rules.
- The system receives a transaction request from a mobile application on a user device.
- It pairs the transaction with a specific ATM.
- Unique user information is retrieved to generate a personalized visual code.
- Rules are generated for presenting the visual code on the ATM, including when it should be presented, how long it should be displayed, and how it should move.
Potential Applications
This technology could be applied in the banking industry to enhance security and user experience at ATMs.
Problems Solved
This technology solves the problem of unauthorized access to ATM transactions and provides a more secure method for completing transactions.
Benefits
The personalized visual code adds an extra layer of security to ATM transactions, making it more difficult for unauthorized users to access sensitive information.
Potential Commercial Applications
One potential commercial application of this technology is in the development of secure ATM systems for banks and financial institutions.
Possible Prior Art
One possible prior art could be the use of biometric authentication methods for ATM transactions, such as fingerprint scanning or facial recognition.
Unanswered Questions
How does the system ensure the personalized visual code is unique and secure for each transaction?
The system may use encryption techniques or tokenization to ensure the personalized visual code is unique and secure for each transaction.
Can the personalized visual code be used for other types of transactions beyond ATMs?
The personalized visual code could potentially be adapted for use in other transactional systems, such as online payments or access control systems.
Original Abstract Submitted
Disclosed herein are system, method, and computer program product embodiments for creating a personalized visual code for completing a transaction at an Automated Teller Machine (ATM). An embodiment operates by receiving a request to complete a transaction from a mobile application on a user device, pairing the transaction with an ATM, retrieving information unique to the user, generating a personalized visual code based on the information unique to the user, and generating a rule for presenting the personalized visual code on the ATM, the rule including at least one of: i) when the personalized visual code should be presented, ii) how long the personalized visual code is to be presented, or iii) how the personalized visual code should move when presented on the ATM.
