Marqeta has filed a patent for a method of authenticating e-commerce transactions. The method involves delegating the authentication decision to a non-3DS certified service provider within the issuer domain, transmitting transaction information to the provider, and challenging the transaction with additional authentication measures if necessary. Once authenticated, an authentication response message is sent to the payment network. GlobalData’s report on Marqeta 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 Marqeta, Social commerce was a key innovation area identified from patents. Marqeta's grant share as of September 2023 was 43%. Grant share is based on the ratio of number of grants to total number of patents.
Method for authenticating e-commerce transactions using 3-d secure protocol
A recently filed patent (Publication Number: US20230306385A1) describes a computer-implemented method for authenticating transactions associated with digital electronic payment accounts. The method involves receiving an authentication request message from a payment computing network and determining whether to delegate the authentication decision to a card program computing device within an issuer domain. The access control server, which is a three-domain secure (3DS) certified service provider, provides the card program computing device with a limited period of time to determine the authentication decision and respond. If the decision is delegated to the card program computing device, transaction information is transmitted to the device along with a decision request message. If the transaction needs additional authentication measures, a challenge request is provided to the computing device associated with the payment account. Once the additional authentication measure is authenticated, an authentication response message is transmitted to the payment computing network, indicating that the transaction is authenticated.
The method also includes various additional features. For example, the access control server may delegate the authentication decision to the card program computing device instead of performing it itself. The decision to delegate the authentication decision may be based on factors such as the transaction value, type of goods and services, or multiple transactions being initiated in separate locations within a given time period. The access control server may validate the authentication request message according to the 3DS authorization protocol by inspecting data attributes and values attributes. The transaction may occur between a merchant computing device within an acquirer domain and the card program computing device within the issuer domain. The card program computing device may determine whether to challenge the transaction further based on local rules specific to the device and the digital electronic payment account stored locally in the issuer domain.
In summary, the patent describes a computer-implemented method for authenticating transactions using a 3DS authorization protocol. The method involves delegating the authentication decision to a card program computing device within an issuer domain and transmitting transaction information and decision request messages to the device. Additional authentication measures may be requested, and once authenticated, an authentication response message is transmitted to the payment computing network. The method includes various factors for determining whether to delegate the authentication decision and validating the authentication request message.
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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.
