Patent ID: 9054873
Filing Date: 2015-06-09
Classification: G06F,G06Q,H04L

Abstract:
1. A system to secure electronic transactions configured to store criteria to classify transactions into a plurality of transaction categories; receive a particular electronic transaction submitted by a user, the particular electronic transaction including transaction information; receive a dynamic transaction category approval code indicating a proof of intention of the user to perform a transaction belonging to a user selected transaction category; apply said criteria to the transaction information and assign said received particular electronic transaction to a particular one of said plurality of transaction categories based on said criteria; and verify whether the received dynamic transaction category approval code is valid for the transaction category to which said received particular electronic transaction was assigned, to determine whether said received particular electronic transaction should be executed of denied; wherein said dynamic transaction category approval code is generated by a token that cryptographically combines a first transaction category indicator that is indicative of the category of the transaction that the user intends to do, a first dynamic value, and a first generation secret value.