NAGRAID SECURITY, INC. Patent applications |
Patent application number | Title | Published |
20140279555 | DYNAMICALLY ALLOCATED SECURITY CODE SYSTEM FOR SMART DEBT AND CREDIT CARDS - This invention provides a dynamically generated security code for smart, debit and credit cards as a way to thwart fraudulent use of these cards in financial transactions. The card internally contains a processor connected to a viewable display powered by a battery where the processor is capable of generating security codes on a periodic basis. The card can generate the security code by encrypting certain data is a way that the card issuer as the same security codes so that when the security code is used in a financial transaction, the card issuer can ascertain whether the transaction is valid and authorized or potentially fraudulent. To prevent unwanted denials of transactions when the security code is changed, a time period window can be created on the card issuer's network that compares the card security code with the current valid security code stored on the card issuer's server as well as the previous security code in case the transaction was processed over a longer period of time than the life of the dynamically generated security code. | 09-18-2014 |
20140266590 | Reconfigurable Smart Identification Badges - This invention provides a smart badge having a processor connected to a viewable display where both the processor and the display are embedded in the smart badge. The embedded components may be powered by an embedded battery or by RF energy generated by a smart badge reader. The badge can be uploaded with a digital image of the badge holder and predetermined criteria uploaded into an embedded memory location in the smart badge. Such predetermined criteria may include the name and contact information of the badge holder as well as the buildings or secure areas the badge holder is authorized to access. The smart badge may also be capable of generating secure codes for the badge holder to use as pass codes for accessing computer networks. The smart badge may also contain embedded location sensors that when merged with maps stored in the smart badge's memory can assist the badge holder in determining location. | 09-18-2014 |