Transaction Processing Method for Secret Financial Data
Summary
USPTO granted patent US12609933B2 to Banks and Acquirers International Holding for a method of processing transactions involving secret financial data. The patent describes a system that selects between an online transaction component and an autonomous transaction component based on communication network availability, with the autonomous component activated when no network is accessible. The filing date was November 12, 2021, with Jean-Bernard Blanchet listed as inventor.
“A method for processing a transaction using a transaction device of a user, carried out within an electronic transaction terminal called a transaction terminal, and includes at least one connection interface for connecting to at least one communication network.”
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GovPing monitors USPTO Patent Grants - Business Methods (G06Q) for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 44 changes logged to date.
What changed
USPTO granted patent US12609933B2 for a transaction processing method involving secret financial data, invented by Jean-Bernard Blanchet and assigned to Banks and Acquirers International Holding. The patent covers an electronic transaction terminal that determines network availability and selects between an online component and an autonomous transaction component accordingly, with common functions protected in a root component.
For financial institutions and technology companies developing payment systems, this patent describes a dual-mode transaction architecture designed to maintain processing capability during network outages. Banks and acquirers with terminals in areas of unreliable connectivity may find this architecture relevant to their operations, though patent grants do not impose immediate compliance obligations on third parties.
Archived snapshot
Apr 26, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Method for processing an operation involving secret data, terminal, system and corresponding computer program
Grant US12609933B2 Kind: B2 Apr 21, 2026
Assignee
BANKS AND ACQUIRERS INTERNATIONAL HOLDING
Inventors
Jean-Bernard Blanchet
Abstract
A method for processing a transaction using a transaction device of a user, carried out within an electronic transaction terminal called a transaction terminal, and includes at least one connection interface for connecting to at least one communication network. Such a method includes: determining the availability of a communication network recorded in a secure memory space of the terminal; receiving an instruction to carry out a transaction; and selecting from an online transaction component and an autonomous transaction component, a transaction component to be activated in accordance with the communication network availability, the autonomous transaction component being activated when any communication network is unavailable, and carrying out the transaction by means of the activated transaction component, the transaction components using a root component which executes basic functions common to the two transaction components, the functions of the root component being protected and only accessible when read by the transaction components.
CPC Classifications
H04L 63/0876 H04L 63/10 H04L 2463/102 G06Q 20/382 G06Q 20/4012 G07F 7/0873 G07F 7/127 H04W 12/08
Filing Date
2021-11-12
Application No.
18036435
Claims
9
Mentioned entities
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