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    Patents

    News about Patents.

    Mastercard blockchain patent applications

    November 30th, 2016

    Mastercard has filed patent applications describing systems and methods for authorising and securing blockchain transactions using existing payment networks. “[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,” the payments company says.

    Jaguar files face and gait recognition system patent for vehicle entry

    November 28th, 2016

    Luxury car manufacturer Jaguar is working on a facial and gait recognition system for vehicle owners to unlock their cars, enhancing the development of “vehicle personalisation”, according to a patent filed with the US Patent… More

    Apple patent reveals plans to add Siri to iMessage for P2P payments

    November 21st, 2016

    Apple is investigating the possibility of adding the functionality of its Siri virtual assistant to its iMessage service that would enable iPhone users to perform P2P payment transactions, a recent patent published by the US… More

    LG to develop its own MST technology?

    October 27th, 2016

    LG Electronics is working on an alternative to Samsung’s proprietary Magnetic Secure Transmission (MST) technology for mobile payments, Android Authority reports. The technology is to be incorporated into LG’s next flagship smartphone, tentatively known as the LG G6. The electronics giant is having to invent its own technology from scratch to avoid patent disputes with Samsung, the report adds. LG was originally expected to launch its LG Pay service in September but is reported to have delayed the launch due to testing issues.

    Apple blood vessel biometric patent

    October 18th, 2016

    Apple is developing a biometric sensor that determines the wearer’s identity by the arrangement of blood vessels in their body. “Light emitters and light sensors can be used to perform biometric identification of a user based on identifying characteristics of the user’s vasculature,” a patent application says. “Light information can be obtained at one or more light sensors and the information can be compared to stored information associated with a user identity.”

    Samsung Pay prepping rewards programme

    July 20th, 2016

    Samsung is preparing to launch its own rewards program that will let consumers earn and redeem points each time they use Samsung Pay. “The application process at the local patent office is already done and the membership program should help Samsung lure new users and sell more Samsung smartphones,” Android Headlines reports. Samsung Pay added loyalty cards to the service in the US in May 2016.

    Apple granted patent for device-based car keys

    May 26th, 2016

    Apple has been granted a patent from the US Patent and Trademark Office for a service that would store vehicle keys on an iPhone. “Apple’s granted patent generally relates to wireless communication between computing devices and, more particularly, to using portable computing devices to access a vehicle,” Patently Apple reports. The service would let users open their car doors, start the engine and shut it off for specific time periods and program personalised vehicle settings.

    Xiaomi to launch Xiaomi Pay?

    March 30th, 2016

    Handset maker Xiaomi has filed a patent in Korea for a mobile payment service called Xiaomi Pay, The Korea Herald reports. “There is speculation that Xiaomi’s upcoming mid-range smartphone Mi5 will feature the NFC mobile payment service,” the publication says. “The patent filing in the Korean market indicates that the Chinese tech firm plans to roll out its smartphone here.” The Mi5 was unveiled during Mobile World Congress and is equipped with NXP’s secure element and NFC solution.

    Amazon files selfie pay patent

    March 15th, 2016

    Amazon has applied for a patent that would enable consumers to authenticate a transaction by taking a picture of their face. “The user is identified using image information which is processed utilizing facial recognition,” the patent says. “The device verifies that the image information corresponds to a living human using one or more human-verification processes.” MasterCard announced in February that it would be rolling out its ‘selfie pay’ service this summer.

    Amex patent turns reward points into virtual currency

    March 7th, 2016

    American Express is exploring a system that would let its customers use reward points for purchases in third-party digital wallets, according to a newly published patent application. “This system, method and computer program may allow certain transaction account holders to directly pay with their loyalty points in any third-party digital wallet,” the patent says. “Utilizing the system, transaction account holders may earn one or more points for virtually every dollar charged on eligible, enrolled transaction accounts and then redeem their points for a wide array of rewards, including merchandise or travel.”

    Samsung looks into vein authentication

    February 5th, 2016

    A patent filed by Samsung describes how a sensor on a smartwatch or other wearable device could authenticate identity by reading the user’s vein structure. “A wearable device may capture an image of a portion or all of the user’s body and may identify the user wearing the wearable device based on the captured image,” the patent says. “For example, a smartwatch may be worn on the user’s wrist to capture an image of the user’s veins in order to identify a user.”

    Apple to allow P2P transfers through iMessage?

    January 5th, 2016

    A patent filed by Apple suggests that the company may be looking at letting iPhone users send money over iMessage as well as via phone calls, emails and calendar invitations. “The function could work in a number of ways,” Quartz reports. “It explicitly mentions a phone call, text messaging, conversations, an email thread and calendar events, among other uses.” News that Apple was working on a P2P payment service first surfaced in November 2015.

    Samsung Pay to add P2P payments?

    November 9th, 2015

    Korean startup Hankook NFC has reportedly applied for a patent for a hardware module that would allow consumers to use Samsung Pay to transfer money between devices and pay with a credit card. “Once the module is installed, smartphones can be used as mobile credit card payment terminals,” Business Korea reports. “When you order some food for delivery or go to a gas station, you can pay for food or gas with your smartphone without any wireless credit card payment devices.”

    US banks pilot mobile wallet authentication and issuance at the ATM

    October 21st, 2015

    PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning… More

    Ultracash launches sound-based mobile payment service in Bangalore

    October 13th, 2015

    Bangalore-based Ultracash Technology Labs has launched a mobile payment service that lets consumers make payments at close to 500 merchants in the city using a high frequency sound-based technology. Some 24,000 transactions were conducted using… More

    Apple patent reveals details of NFC payments ring

    October 1st, 2015

    Apple has developed a concept NFC ring that would allow a wearer to make payments, transfer information to others with a handshake and access secure documents on a shared device with a tap of their… More

    RBC gets Secure Cloud payments patent

    September 2nd, 2015

    Royal Bank of Canada (RBC) has been awarded a patent for its Secure Cloud mobile payments platform by the United States Patent and Trademark Office, covering the use of secure tokens by the bank’s clients to facilitate payments from mobile devices. RBC introduced the Secure Cloud technology in January 2014 and added host card emulation (HCE) support in December last year.

    Apple granted NFC and Touch ID patents

    September 1st, 2015

    Apple has been granted 45 patents relating to NFC, Touch ID and Apple Watch in the US, Patently Apple reports. An NFC element “may serve as an antenna for transmitting NFC signals to external equipment” such as NFC hearing aids, POS equipment and security card readers. The Touch ID patent details a system of scanning a fingerprint’s “flow angles” as they pass over the sensor.

    Joint venture to develop painless diabetes monitoring with NFC

    July 22nd, 2015

    A new joint venture that includes the US-based Mayo Clinic and Germany’s Fraunhofer Institute is developing an NFC-based diabetes monitoring system to replace the traditional glucometers that are currently used to monitor patients’ blood sugar levels. The system will also use phones to control insulin delivery, using disposable NFC insulin delivery systems. More

    Apple to show ads based on prepaid balance?

    July 21st, 2015

    Apple could begin sending targeted advertising to users based on the amount of prepaid funds they have available, according to a newly published patent application. “Goods and services are marketed to particular target groups of users sharing a common profile which may be selected to increase the likelihood of the users responding to the advertisements,” the patent says. “The common profile of users may be based on the amount of prepaid credit available to each user.”

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