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US 2020/0027163 A1Published application
System and method for facilitating a wireless financial transaction
AssigneeCfph, LLC
InventorsDarrin Michael Mylet, Lee M. Amaitis, Alan Brent Wilkins
Life of this patent
Estimating the term…
Abstract
A method for executing a wireless trade is provided that includes communicating with a handheld device via a wireless network and sending and receiving financial information to and from the handheld device. The financial information is associated with a trade that can be initiated by the handheld device. The method also includes authorizing the handheld device through location data, which is associated with a location of the handheld device, before executing the trade.
Claims12
(canceled)
An apparatus, comprising:
- a memory;
- at least one processor to:
- receive via a communications network an identifier associated with a base station in communication with a device, the base station being a component of the communications network;
- identify a geographic area associated with the identifier in a database;
- in response to determining that the geographic area associated with the identifier is a restricted area, prevent the device from receiving real-time trading data and permit limited types of trades;
- in response to determining that the geographic area associated with the identifier is an allowed area, permit the device to access real-time trading data and to execute all available types of trades;
- receive from the device a request to engage in a given trade;
- execute the given trade, if a type of the given trade is permitted in a current location of the device;
- and
- maintain an audit trail of keystrokes entered via the apparatus.
7 more elements
An apparatus comprising:
- a memory;
- a network interface to communicate over a communications network;
- at least one processor to:
- determine a location of a device;
- receive via the communications network an identifier associated with a base station in communication with a device, the base station being a component of the communications network;
- identify whether a geographic area associated with the identifier associated with the identifier in a database is within a first area or a second area;
- in response to determining that the geographic area is in the first area, prevent the device from receiving real-time trading data and permit limited types of trades;
- in response to determining that the geographic area associated with the identifier is in the second area, permit the device to access the real-time trading data and to execute all types of trades;
- receive from the device, a request to engage in a given trade;
- execute the given trade, if a type of the given trade is permitted in a current location of the device;
- and
- maintain an audit trail of keystrokes entered via the apparatus.
9 more elements
Dependencies are inferred from the claim text.