Rajeev Kumar Balasubramanian

US Patent:

20210326890, Oct 21, 2021

Filed:

Apr 21, 2020

Appl. No.:

16/854121

Inventors:

- New York NY, US
Anishkumar C. PATEL - Middletown DE, US
Rajeev Kumar BALASUBRAMANIAN - Newark DE, US
Brian P. DUNPHE - Oxford PA, US
David Christopher CAREY - Middletown DE, US
Jonathan ROSNER - White Plains NY, US
Shruti K. PATEL - New York NY, US
Deepak JOSHI - Wayne PA, US

International Classification:

G06Q 20/40

Abstract:

An embodiment of the present invention is directed to a Temporal CVV2 of CVV, which may be represented as a temporary three digit number generated using unique credentials associated with a card product. According to an embodiment of the present invention, the Temporal CVV2 may be generated for each transaction request or other defined set of transactions based on one or more factors, including time period/limit, usage, fraud/risk considerations. With this solution, a customer may request a new Temporal CVV2 each time a purchase is initiated. This may include online purchases, e-commerce transactions, manual link and provision requests, customer authentication for servicing channels, etc. An embodiment of the present invention seeks to mitigate risk and provide a safer and secure solution for customers while providing flexibility to make various purchases before a new card arrives.