Mastercard has been granted a patent for an authentication system that validates user identity credentials for accessing remote resources. The system uses cryptographic representations of digital identity data, including images of identity documents, to confirm user identity securely. GlobalData’s report on Mastercard gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Mastercard, was a key innovation area identified from patents. Mastercard's grant share as of February 2024 was 33%. Grant share is based on the ratio of number of grants to total number of patents.

Authentication system for validating user identity credentials

Source: United States Patent and Trademark Office (USPTO). Credit: Mastercard Inc

A recently granted patent (Publication Number: US11924347B2) discloses a method and system for validating the identity credentials of a user accessing a resource provided by a remote system. The method involves receiving an authentication request containing cryptographic representation of the user's digital identity data, generated through a cryptographic hashing algorithm, and an associated token identifier. The system then compares this representation with a pre-stored cryptographic identifier to confirm the validation of the user's digital identity data. The identity document can include a passport, driving license, or identity card, and the resource provision system can be a merchant involved in a payment transaction.

Furthermore, the system includes an authentication system with components such as an input for receiving authentication requests, a processor for determining and comparing cryptographic identifiers, and an output for transmitting authentication confirmations. The system also involves a remote resource provision system that generates the authentication request based on the user's digital identity data and token identifier. Additionally, a mobile device is utilized to store and transmit the user's digital identity data and associated token identifier, along with any additional user-identifying information required for validation. This innovative method and system provide a secure and efficient way to validate user identity credentials, particularly in the context of payment transactions between users and merchants.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

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.