System and Method to Reduce Misuse of a Financial Instrument at a Point-of-Sale Location

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20140279113A1
SERIAL NO

13840080

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Disclosed are systems and methods of utilizing an initial, automatic authentication of a financial instrument user's identity when the user attempts to make a purchase with a financial instrument at a point-of-sale. Many financial instrument users have cell phones which are able to be located, and users often carry their phones with them when making purchases. An initial authentication of the identity of a credit card user could be made by comparing the location of the point-of-sale with the location of the card user's registered cell phone.

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Patent Owner(s)

Patent OwnerAddress
MCAFEE INC2821 MISSION COLLEGE BOULEVARD SANTA CLARA CA 95054

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Balasubramanian, Harish Bangalore, IN 5 9

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