Michael Joseph Mckay

US Patent:

20160247156, Aug 25, 2016

Filed:

Feb 20, 2015

Appl. No.:

14/628174

Inventors:

- San Jose CA, US
Michael Voege - Santa Clara CA, US
Michael McKay - Los Altos CA, US

International Classification:

G06Q 20/40
G06Q 20/38
G06Q 20/32
G06K 19/073

Abstract:

Systems and methods are disclosed for provisioning resources from a first user account to a second user and wearable device for use in a secure transaction. The system may include an electronic payment system having an account for a first user who may allocate funds to a second user's wearable device for utilization in an electronic payment transaction. The recipient and the recipient's device are authenticated to the electronic payment system. The first user may establish automated allocation rules for funding the second user's device and restrictions on the use of the funds. The wearable device may be a bracelet including a sensing element detecting when the recipient is wearing the device, a secure element storing authentication information and a transaction module facilitating the secure transaction and disabling the bracelet when the sensing element detects the bracelet is not properly secured to the recipient.

US Patent:

20160196558, Jul 7, 2016

Filed:

Jan 5, 2015

Appl. No.:

14/589524

Inventors:

- San Jose CA, US
David Edward Eramian - Mountain View CA, US
Michael McKay - San Jose CA, US
Michael Voege - Santa Clara CA, US

International Classification:

G06Q 20/40
G06Q 20/32

Abstract:

A system or a method is provided that detects or establishes a connected network of personal or wearable devices of a user whereby the number and type of devices connected to that network are used to determine a security or confidence level for a particular transaction being attempted. The personal or wearable devices may include one or more of a smart watch, a mobile phone, a car, a smart belt buckle, smart key fob, or any other personal or wearable devices. Information indicating the number and composition on the various connected devices may be communicated from a user device requesting a payment transaction to a merchant or a payment service provider. The information indicating the number and composition of connected devices may be used for risk assessment to determine the confidence level or security level for the transaction requested by the user.

US Patent:

20160189134, Jun 30, 2016

Filed:

Dec 31, 2014

Appl. No.:

14/588284

Inventors:

- San Jose CA, US
Michael McKay - San Jose CA, US

International Classification:

G06Q 20/32

Abstract:

A system and method includes a first device with one or more processors coupled to a memory and reads instructions from the memory to perform the step of receiving a first NFC communication from a master device and enabling payment capabilities of the first device based on the first NFC communications from the master device.