Western Union. has been granted a patent for a system that enhances secure transaction functionality within host applications on client devices. The system processes transaction data, determines user interface components based on specific rules and locations, and transmits tailored interfaces via a content delivery network. GlobalData’s report on Western Union 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 Western Union, was a key innovation area identified from patents. Western Union's grant share as of June 2024 was 83%. Grant share is based on the ratio of number of grants to total number of patents.
Secure transaction functionality for host applications
The patent US12047471B2 describes a system designed to facilitate secure transactions through a transaction user interface. The system comprises one or more processing devices and memory that stores executable instructions. These instructions enable the processing devices to perform various operations, including receiving specifications for a first set of rules from a remote system, processing transaction data from a client device, and determining interface components based on the received rules. The system also establishes a first transaction user interface, assigns an expiration time, and selects a content delivery network (CDN) server to transmit the user interface data to the client device. Notably, the system ensures that the user interface is valid according to the specified rules, while also managing prior versions that may not comply.
Additionally, the patent outlines operations for handling a second set of rules from a different remote system, allowing for the creation of a second transaction user interface with distinct components. The system determines a separate expiration time for this second interface and selects an appropriate CDN server for its delivery. The claims emphasize the flexibility of the system to manage multiple transaction interfaces simultaneously, each governed by its own set of rules and expiration parameters. This capability is particularly relevant for applications requiring secure and rule-compliant transaction processing across various client devices.
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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.
