NFC World

Apple seeks NFC digital identity patent

Apple NFC digital identity patent figure

Apple has applied for a patent for a user authentication framework that would allow users to store digital identity documents such as their passport, driving licence and national ID card and present them for verification on their NFC-enabled iPhone or other mobile device... More




NFC World

Apple files digital identity credentials patent

Apple digital id credentials patent diagram

Apple has filed a patent application with the US Patent and Trademark Office for a digital identity credential system that would enable users to securely store and present documents such as their passport or driving licence digitally on their electronic and mobile devices... More


What's New in Payments

Visa files central bank digital currency ecosystem patent

Visa digital currency diagram for patent

Visa has filed an application for a patent that sets out a way for a central bank to take fiat money that is currently in circulation, digitize it, remove the converted physical currency from circulation and then enable consumers and merchants to conduct transactions using a digital wallet “stored on a chip of a smartcard or a secure element of a user device”... More


What's New in Payments

IBM patents self-aware cryptocurrency token

IBM awarded patent for ‘self-aware token’ — Coindesk — “The patent outlines a ledger-based payments system that could make it easier for individual users, businesses and governments to track and trace transactions made using a cryptocurrency. Dubbed the ‘self-aware token’, it is designed to record all transaction data when not being used on a payments platform IBM patented in 2012. When the token rejoins the platform ecosystem at a later stage, it automatically uploads data from any ‘off-line transactions’.”



NFC World

Carnival gets patents for NFC wearables on cruise ships

Carnival's Ocean Medallion wearable uses NFC and Bluetooth LE for payments, access control and more

Cruise operator Carnival Corporation has been granted a series of patents by the US Patent and Trademark Office (USPTO) for its Ocean Medallion, a wearable device that combines NFC and Bluetooth Low Energy (BLE) to provide passengers with a wide range of payments, access control and information services... More



NFC World

Apple files NFC passport patent application

Document importation into secure element — USPTO — “The present disclosure describes embodiments in which a person may present identification information through a mobile device instead of presenting a traditional form of identification… In various embodiments, a mobile device includes a short-range communication interface (eg, a near-field communication (NFC) radio) and a secure element configured to store identification information of a user.”


Barclays files blockchain funds transfer and KYC patents

Barclays seeks twin blockchain patents for banking services — Coindesk — “The US Patent and Trademark Office published two applications by the UK’s second-largest bank Thursday, both of which revolve around account security. Perhaps most notably, however, was an application for a patent which outlined a blockchain platform which could facilitate cryptocurrency transfers. The bank also proposed streamlining know-your-customer processes by storing identifying information on a private blockchain.”


What's New in Payments

Mastercard patent proposes combining blockchain with existing payments systems

Method and system for linkage of blockchain-based assets to fiat currency accounts — USPTO — “The use of traditional payment networks and payment systems technologies in combination with blockchain currencies may provide consumers and merchants the benefits of the decentralized blockchain while still maintaining security of account information and provide a strong defense against fraud and theft.”


What's New in Payments

Amex files blockchain proof of payment patent

Systems and methods for blockchain based proof of payment — USPTO — “The system may be used to unlock a hotel, rental, or shared economy property door using the card (eg that was used for the payment) to look up proof of payment on a blockchain… In another example, the system may be used to provide ticketless access to venues (eg movie theater, sports event, concert, etc) to a customer… In still another example, the system may enable access control to rental vehicles (eg bike, boat, or car) to a customer in response to swiping the card.”


What's New in Payments

Facebook patent sets out how AIs could accept Messenger payments

Processing payment transactions using artificial intelligence messaging services — USPTO — “One or more embodiments use natural language processing to analyze messages from the user to the messaging bot, and from the messaging bot to the user, to identify a product and a request to purchase the identified product. Based on the identified product and the request to purchase the product, one or more embodiments initiate a payment transaction on behalf of the user based on a natural language conversation and without redirecting the user away from the communications session.”


What's New in Payments

Central bank patents point to plans for a hybrid digital currency in China

PBOC filings reveal big picture for planned digital currency — Coindesk — “The ultimate goal, according to PBOC’s patents, is to ‘break the silo between blockchain-based cryptocurrency and the existing monetary system’ so that the digital currency can sport cryptocurrency-like features, while being widely used in the existing financial structure.”


What's New in Payments

Mastercard adds blockchain card verification patent

Method and system for payment card verification via blockchain — USPTO — “The present disclosure provides a description of systems and methods for the conveyance and receipt of payment credentials to and at a point of sale device through the use of a third party data source. The use of a third party data source enables an individual to transact safely without concern for their payment credentials being skimmed from their payment instrument, or without having to even carry a payment instrument entirely.”


Apple patents face vein identification system

Vein imaging using detection of pulsed radiation — USPTO — “Vein identification systems that are known in the art transmit infrared illumination through the user’s hand, and capture a resulting image in which the veins within the hand appear as dark or bright lines due to variations in the captured infrared intensity… In the disclosed embodiments, an optical transmitter, such as a laser, emits a pulse or sequence of pulses of infrared radiation toward an area containing a body surface of a living subject, such as the skin of the subject’s face.”