Identification and verification for provisioning mobile application

A user device storing a mobile application, the user device comprising a processor and a computer readable medium comprising code that, when executed by the processor, causes the processor to:

• execute, by the mobile application, instructions to generate a device fingerprint associated with the user device;
• transmit, by the mobile application to a server computer, a request for a token representing an account of a user along with user information and the device fingerprint;
• obtain, by the mobile application, a unique code upon successful performance of an authentication process;
• transmit, by the mobile application to the server computer, the unique code;
• receive, by the mobile application from the server computer, the token representing the account of the user along with a status associated with the token, wherein the status of the token is based on the user information and the unique code, wherein the status of the token determines parameters for the token;
• and
• transmit, by the mobile application to a terminal of a transacting entity, the token in connection with a transaction, wherein the server computer processes the transaction using the token without performing further validation or authentication based on the status of the token, and the transaction is authorized or declined based on the parameters defined by the status of the token.

A method comprising:

• executing, by a first mobile application stored on a user device, instructions to generate a first device fingerprint associated with the user device;
• transmitting, by the first mobile application to a server computer, a first set of user information, the first device fingerprint, and an authentication indicator;
• executing, by a second mobile application stored on the user device, instructions to generate a second device fingerprint associated with the user device;
• transmitting, by the second mobile application to the server computer, a request for a token representing an account of a user of the user device, the request comprising at least a second set of user information and the second device fingerprint;
• receiving, by the second mobile application from the server computer, the token representing the account of the user along with a status associated with the token, wherein the status of the token is based on a level of correlation between the first set of user information and the second set of user information and based on a match between the first device fingerprint and the second device fingerprint, wherein the status of the token determines parameters of a transaction using the token;
• and
• transmitting, by the second mobile application to a terminal of a transacting entity, the token in connection with a transaction, wherein the server computer processes the transaction using the token subject to the parameters defined by the status of the token, wherein the transaction is authorized or declined based on the parameters defined by the status of the token.