{
  "patent_number": "US 10152712",
  "country": "US",
  "title": "How to Aggregate Transaction Notifications Using Secure Tokens",
  "original_title": "Inspecting event indicators",
  "summary": "A method for a central server to collect and organize event notifications from different merchants using unique, secure tokens that prove the user's identity without sharing sensitive account details.",
  "what_it_does": "This patent describes a system where a central aggregating server helps a user track events (like purchases) across multiple different transaction entities, such as banks or stores. The user's device generates unique tokens using a public key provided by the server, which are then handed out to various merchants. When a merchant reports an event, they include this token, allowing the central server to verify the source, ensure the token hasn't been reused (preventing fraud), and categorize the event. Finally, the server compiles these disparate events into a single, organized view for the user to inspect.",
  "what_it_does_not_cover": [
    "Does not cover systems that rely on passwords or usernames for authentication between the merchant and the aggregator.",
    "Does not cover event tracking that happens without the use of cryptographically generated tokens.",
    "Does not cover systems that do not use a central aggregating server to compile the event data.",
    "Does not cover the internal processing of the transaction itself, only the reporting and aggregation of the event indicator."
  ],
  "filed": "2006-05-10",
  "granted": "2018-12-11",
  "expires": null,
  "status": "active",
  "holder": "PayPal Inc",
  "holder_url": "https://patentbrief.org/company/paypal-inc",
  "inventors": [
    {
      "name": "Edith H. Stern",
      "url": "https://patentbrief.org/inventor/edith-h-stern"
    },
    {
      "name": "Barry E. Willner",
      "url": "https://patentbrief.org/inventor/barry-e-willner"
    },
    {
      "name": "Robert C. Weir",
      "url": "https://patentbrief.org/inventor/robert-c-weir"
    },
    {
      "name": "Brian C. Schimpf",
      "url": "https://patentbrief.org/inventor/brian-c-schimpf"
    }
  ],
  "times_cited": 0,
  "tags": [
    "fintech",
    "software",
    "telecommunications",
    "ecommerce"
  ],
  "abstract": "A user inspects at least one indicator of an event. The user enables a token corresponding to an account of an aggregating entity to be received by a transaction entity and identifies at least one type of event of interest to be reported by the transaction entity to the aggregating entity. The user obtains and inspects at least one indicator from the account of the aggregating entity, where each obtained indicator is adapted to be created by the aggregating entity based upon an event message received from the transaction entity. The event message comprises the token, which is adapted to be used by the aggregating entity to identify the account and the event message corresponds to an occurrence of an event of at least one type of event of interest to be reported by the transaction entity to the aggregating entity.",
  "url": "https://patentbrief.org/patent/us/10152712/stripe-payment-processing-api",
  "markdown_url": "https://patentbrief.org/patent/us/10152712/stripe-payment-processing-api/md",
  "google_patents_url": "https://patents.google.com/patent/US10152712",
  "relatedPatents": []
}