Fidelity National Information Services‘s patent involves a telecommunications network server system that provides a digital identifier to a user device for authentication in electronic transactions with third-party systems. The system allows users to share personal identification information securely with third-party devices. GlobalData’s report on Fidelity National Information Services gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Fidelity National Information Services, was a key innovation area identified from patents. Fidelity National Information Services's grant share as of April 2024 was 60%. Grant share is based on the ratio of number of grants to total number of patents.
Telecommunications network server system for user authentication in transactions
A recently granted patent (Publication Number: US11962590B2) discloses a telecommunications network server device designed to facilitate the secure sharing of personal identification information between users and third-party electronic devices. The device includes a processor, a network communications port, and a computer-readable storage device with executable instructions. Users can send a command from their device to share specific personal identification information with a third-party device, along with an electronic transaction code and a digital identifier for authentication. Upon verification of the transaction code and digital identifier, the server transmits the requested information to authenticate the user with the third-party device.
Furthermore, the patent details a method for authenticating users to third-party electronic devices, involving the receipt of commands to share personal identification information, electronic transaction codes, and digital identifiers. The process includes confirming the codes and identifiers before transmitting the information to authenticate the user. The patent also covers scenarios where multiple requests from different third-party devices are handled simultaneously, each requiring unique transaction codes for authentication. The disclosed system aims to enhance security and streamline the authentication process for users interacting with various electronic devices, ensuring the safe exchange of personal information for transactions.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
