{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-10503936","patent":{"patent_number":"US-10503936","title":"Systems and methods for utilizing magnetic fingerprints obtained using magnetic stripe card readers to derive transaction tokens","assignee":null,"inventors":[],"filing_date":"2018-02-27T00:00:00.000Z","publication_date":"2019-12-10T00:00:00.000Z","cpc_codes":["G06K","G06Q","G06Q","G06Q","G07F","H04L","H04L","H04L","H04L","H04L"],"num_claims":16,"abstract":"Systems and methods for utilizing magnetic fingerprints obtained using magnetic stripe card readers to generate digital transaction tokens in accordance with embodiments of the invention are disclosed. In one embodiment, a method for authenticating a user using a digital token includes collecting user information and card information from an identification card containing an electronically readable component using a user authentication terminal, where the user information describes identifying information about a user and the card information describes information to uniquely identify the identification card, collecting session information using the user authentication terminal, wherein the session information describes information regarding a request for an authenticated communications session, generating a digital token based on the collected user information, the collected card information, and the collected session information using the user authentication terminal, and sending the digital token to a host access processor for authorization of an authentication request."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems and methods for utilizing magnetic fingerprints obtained using magnetic stripe card readers to derive transaction tokens","description":"Systems and methods for utilizing magnetic fingerprints obtained using magnetic stripe card readers to generate digital transaction tokens in accordance with embodiments of the invention are disclosed","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-10503936","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-10503936","citation_suggestion":"Patentable. \"Systems and methods for utilizing magnetic fingerprints obtained using magnetic stripe card readers to derive transaction tokens\" (US-10503936). https://patentable.app/patents/US-10503936","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-10503936","json":"https://patentable.app/api/llm-context/US-10503936","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T14:10:32.814Z"}