User device gated authentication and tokenization computing systems and methods

Abstract

Systems and methods are provided that allows users to execute a secure transaction that is authenticated by their digital wallet on their user device. A device-bound digital wallet authentication process includes first registering data with a user device, a network tokenization server, a card issuer server, a digital coordination and notification (DCN) server, and an access control server. The data includes a network-device token and an alias of a primary account number that are stored on the user device, the network tokenization server, and the card issuer server. The data also includes a notification token, a signing public key and the alias that are stored on the DCN server and the access control server. In the device-bound digital wallet authentication, the alias and the network-device token are used to securely authenticate the user device and transaction information associated with the digital wallet that is bound to the user device.

CPC Classifications