Patent ID: 11893443
Assignee: CAPITAL ONE SERVICES, LLC
Field: Computer technology (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 0:
1. A smart card system for performing data transactions, the smart card system comprising a card frame and a transaction card, wherein:
the transaction card comprises a first processor circuit and a first memory having a first credential stored therein;
the card frame comprises a second processor circuit, a second memory having a second credential stored therein, and a receptacle configured to secure, enable removal of, and resecure the transaction card in the card frame;
wherein, when the transaction card is secured in the card frame, the first processor circuit, the second processor circuit, or a combination of the first processor circuit and the second processor circuit, is configured to:
retrieve a third credential from the first memory or the second memory;
determine that a mobile device identified by the third credential is within a predetermined distance to the card frame;
generate, based the determination that the mobile device is within the predetermined distance to the card frame, a fourth credential, wherein the fourth credential is generated from the first credential, the second credential, and the third credential; and
perform, using the fourth credential, a data transaction between the transaction card and one of a plurality of terminals.