System of security that prevents abuse of identity data in global commerce via mobile wireless authorizations
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United States of America Patent
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Issued Date -
Sep 9, 2010
app pub date -
Apr 8, 2009
filing date -
Mar 5, 2009
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Abstract
A system of security that prevents misuse of identity data of an identity data owner in an identity data driven transaction in a global commerce network, that has in the system, a transaction processing entity that after it receives a identity data driven transaction from a transaction initiating entity, puts on hold the processing of the transaction for a period of time and via the identity data owner's wireless mobile communication device, contacts the identity data owner for authorization of the transaction before the transaction processing is completed. The system of security for identity data may be used in the identity data driven transaction is one from a group of (i) credit card payment, (ii) bank account payment, (iii) release of credit profile, (iv) release of financial data, and (v) release of medical data.
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