Systems and methods for reducing friction through mobile device trust levels

A system, comprising:

• a backend computer program executed by an electronic device;
• and
• a first mobile device for a user executing a mobile application;
• wherein the backend computer program is configured to:
• receive, from the mobile application executed by the first mobile device, registration of the first mobile device;
• add the first mobile device to a user profile for the user;
• establish a first mobile device trust level for the first mobile device based on activity with the mobile application, wherein the first mobile device trust level allows the user to execute a first action that requires the first mobile device trust level without additional authentication;
• receive user identity verification from the mobile application;
• establish a second mobile device trust level for the first mobile device based on the user identity verification, wherein the second mobile device trust level allows the user to execute a second action that requires the second mobile device trust level or the first mobile device trust level without additional authentication;
• receive a removal of the first mobile device from the user profile;
• and
• revoke the second mobile device trust level and the first mobile device trust level from the first mobile device, wherein executing the first action or the second action requires additional authentication.

A non-transitory computer readable storage medium, including instructions stored thereon, which when read and executed by one or more computer processors, cause the one or more computer processors to perform steps comprising:

• receiving a registration of a first mobile device for a user, wherein the first mobile device executes a mobile application;
• adding the first mobile device to a user profile for the user;
• establishing a first mobile device trust level for the first mobile device based on activity with the mobile application, wherein the first mobile device trust level allows the user to execute a first action that requires the first mobile device trust level without additional authentication;
• receiving user identity verification from the mobile application;
• establishing a second mobile device trust level for the first mobile device based on the user identity verification, wherein the second mobile device trust level allows the user to execute a second action that requires the second mobile device trust level or the first mobile device trust level without additional authentication;
• receiving a removal of the first mobile device from the user profile;
• and
• revoking the second mobile device trust level and the first mobile device trust level from the first mobile device, wherein execution of the first action or the second action requires additional authentication.