A communications server apparatus for managing authentication of a user based on one or more authentication events in a session is provided, to, in one or more data records, generate, for each authentication event, data indicative of a trust score corresponding to the authentication event; and generate, data indicative of a security score based on the trust scores corresponding to the one or more authentication events in the session, and, in response to receiving request data indicative of an authentication request associated with the user corresponding to a transaction in the session, the transaction having a value indicator, authenticate the user if the security score satisfies a condition for authentication corresponding to the transaction according to the value indicator, wherein security scores for satisfying the condition are variable according to value indicators of transactions.

A technique for generating a diversified encryption key for a contactless legacy magnetic stripe card is disclosed. The diversified key can be generated using a master key, a key diversification value and an encryption algorithm. In one example embodiment, the key diversification value can be provided by the user as a fingerprint, numeric code or photo. The user can provide the key diversification value to the card or a cellphone. The card can generate the diversified key using the user provided key diversification value. The card or the cellphone can transmit the user provided diversification value to the server and the server can regenerate the diversified key using the user provided diversification value.

The Antifraud Resilient Transaction Identifier Datastructure Apparatuses, Methods and Systems (“ARTID”) transforms PIN, unique user identifying device datastructure inputs via ARTID components into secure payment authorization outputs. The ARTID includes a virtual secure element datastructure transaction apparatus, comprising, a memory, a component collection in the memory, and a processor disposed in communication with the memory, and configured to issue a plurality of processing instructions from the component collection stored in the memory. ARTID includes instructions to: obtain request to generate a tamper resistant asset account from a requestor, and instantiate a new tamper resistant asset account, wherein the account is populated with the requestor identifier, unique requestor device identifier, a secure cryptographic element for the tamper resistant account. ARTID also includes instructions to provide a message to generate a new physical account card and an associated virtual account card associated with the tamper resistant asset account, and obtain a request to engage the virtual account card in a transaction, wherein the request includes the user access credential. ARTID also includes instructions to generate a card access event message from the request to engage the virtual account card, provide the card access event message to a payment network, and obtain a card access event authorization response.

Systems and methods are provided for blocking charges from a merchant to a payment account of a user. An exemplary system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to perform various operations. The operations may include receiving, from the user, a dispute request to dispute a charge to the payment account applied by the merchant. In response to the dispute request, the operations may include determining whether to block subsequent charges applied by the merchant to the payment account, based on a history of charging activities of the merchant. Responsive to a determination to block subsequent charges, the operations may include adding the merchant to a block-charge list associated with the payment account.

Systems and methods for generating customer transaction test data that simulates real world customer transaction data are disclosed. In one embodiment, a method may include (1) generating an account type reference file defining a plurality of account types; (2) generating a transaction type reference file defining a plurality of transaction types; (3) generating a plurality of customer test data records based on at least one of the plurality of parameters, wherein each customer test data record comprises a plurality of data fields, the data in each data field having a format that simulates real-world data; (4) verifying a uniqueness of each of the plurality of customer records; (5) generating a random number of accounts for each customer test data record based on the account type reference file; and (6) generating a random number of transactions for each account based on the transaction type reference file.

A computer-implemented method for predicting interchange charges includes: retrieving a historical transactions set, where each completed transaction in the set includes transaction features, a bank identification number (BIN), and a corresponding true interchange code; transforming all BINs in the set into a corresponding plurality of BIN features that comprise probabilities; creating a first training set including all transaction features, all pluralities of BIN features, and all true interchange codes associated with the historical transactions set; training a random forest model using the first training set and generating a second training set including rounded BIN features, rounded transaction features, discrete ones of the transaction features, and the true interchange codes; training the random forest model using the second training set to generate a trained random forest model for prediction of the interchange codes; and executing the trained random forest model for new transactions to generate corresponding predicted interchange codes.

A method for managing payment submissions includes receiving, at an acquirer computing system, an authorization request submitted by a merchant computing system for a transaction of a predefined amount, the merchant computing system being associated with a merchant, and the authorization request identifying account information for an account that is associated with a payment card network and an issuer processor; and re-transmitting the authorization request for less than the predefined amount and greater than a configurable threshold value, until the authorization request is approved by the issuer processor or until the authorization request falls below the configurable threshold value.

The invention relates to a method for providing authorizations, linked to physical objects (101, 102, 103), for retrieving goods and/or services (30), including the steps: creating a digital representation (101′, 102′, 103′) of a physical object (101, 102, 103), preferably on an IoT platform (6), the physical object (101, 102, 103) including at least one information carrier (I), the information carrier (I) including at least one identifier (UID), the physical object (101, 102, 103) being unequivocally assignable to its digital representation (101′, 102′, 103′), based on the identifier (UID), and the information carrier (I) being readable from goods and/or services (30) by use of a mobile terminal (10) and/or by means of an output device (20) in order to at least partially access the particular digital representation (101′, 102′, 103′); providing a configurable authorization profile (101a, 102a, 103a) for the digital representation (101′, 102′, 103′), the authorization profile (101a, 102a, 103a) including at least one authorization for retrieving goods and/or services (30).

A system for a customer-initiated payment transaction includes a mobile device of a customer and a payment card of the customer. The mobile device includes a mobile application or a digital wallet, on which a customer may register one or more of a plurality of payment methods. The mobile application or the digital wallet may be activated to establish a point-of-sale (OIS) system on the mobile device and include a process to authenticate the customer.

An electronic device includes a display; a plurality of communication circuits; at least one memory configured to store instructions; and at least one processor configured to execute the instructions to: receive a first user input requesting use of a service provided via a user authentication based at least in part on interworking with an external electronic device, based on receiving of the first user input, identify a context of the electronic device by using at least one of the plurality of communication circuits, identify a first authentication scheme corresponding to the context from a plurality of authentication schemes registered with respect to the service for user authentication, control the display to display a first visual object indicating the first authentication scheme to authenticate a user of the service, authenticate the user through the first authentication scheme based at least in part on at least one second user input received when the first visual object is displayed, and in response to the authentication of user, provide the service based at least in part on interworking with the external electronic device.