LIST YOUR TECHNOLOGY  |  LOOK FOR TECHNOLOGY  |  RSS FEEDS  |  ABOUT  |  CONTACT 
 Home  Select A Topic

 Listing Status

Listing Number: 1575

Active
Currently available

 Category

Technology Type

Related Topics

Corporate Finance

Banking & Investment

 Deal Structure

Structure Sought
Sale of patent

 Intellectual Property
1 Issued Patent - US
  Tell Me More       Bookmark      

Patent for Sale

Credit Card Fraud Prevention System

Utilizes a 'fake' credit card that when swiped detects the unauthorized use and theft of credit cards.

Overview

 

Typically stolen credit cards are used within the first few hours of the theft, and before the cardholder knows there is a problem.

This technology provides for a card that looks and feels like a credit card, but actually stores information about all the cardholders credit cards. The card is kept with the cardholders regular credit cards and never used.  If the cardholder's wallet is stolen and the thief uses the 'fake' credit card, all the cardholder's financial institutions are immediately notified of the fraud, allowing them to cancel and dispatch new cards to the cardholder.
The seller would like to be granted a license back.

Patent Summary
U.S. Patent Classes & Classifications Covered in this Patent:

Class 235: Registers

Machines employed for ascertaining the number of movements of various devices or machines; also, indicating devices where the purpose is to disclose the numerical extent or quantity of movement of a machine and where the device is separate and independent of the machine whose movements are to be noted; also organized machines, such as, cash-registers, fare-registers, voting machines and calculators having registering or counting devices as essential or important elements and having in addition certain other features necessary to make up the complete machines for the purposes desired.

Subclass 379: Banking systems
Subclass 380: Credit or identification card systems

Class 705: Data Processing:Financial, Business Practice, Management, Or Cost/Price Determination

This is the generic class for apparatus and corresponding methods for performing data processing operations, in which there is a significant change in the data or for performing calculation operations wherein the apparatus or method is uniquely designed for or utilized in the practice, administration, or management of an enterprise, or in the processing of financial data. It also provides for apparatus and corresponding methods for performing data processing or calculating operations in which a charge for goods or services is determined.

Subclass 35: Finance (e.g., banking, investment or credit)
Subclass 38: Credit (risk) processing or loan processing (e.g., mortgage)
Subclass 39: Including funds transfer or credit transaction
Subclass 44: Requiring authorization or authentication

 

Tell Me More

 
Home | About Us | Log in | Feedback | Help


© Tynax Inc. All rights reserved. All trademarks are the properties of their respective owners.
Privacy Policy   Terms of Use