Stripe had 11 patents in mobile during Q4 2023. Stripe Inc filed patents related to secure PIN input system, commerce platform integration for product purchases, and job submission service for large-scale data processing. The PIN input system involves generating a randomized PIN layout on one device, inputting key presses on another device, and combining the layout with key presses to authenticate a transaction. The commerce platform integration allows for seamless product purchases within third-party applications. The job submission service manages large-scale data processing jobs on remote infrastructure through a proxy service and orchestration system. GlobalData’s report on Stripe gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

Stripe grant share with mobile as a theme is 63% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: System and method to protect privacy of personal-identification-number entry on consumer mobile device and computing apparatus (Patent ID: US20230351385A1)

The patent filed by Stripe Inc. describes a system for secure PIN entry during a transaction. The method involves generating a randomized PIN layout on one device, displaying it on another device, and allowing the user to input their PIN on a separate keypad device. The PIN token generated from the key presses is transmitted to a third device, which combines it with the randomized layout to authenticate the transaction. The shared secret stored on the devices is used to independently derive the randomized PIN layout, ensuring security without transmitting the layout between devices.

Furthermore, the system includes encryption of the PIN token for secure transmission between devices, with the third device decrypting it to authenticate the transaction. The method allows for the generation of a new randomized PIN layout for each transaction, enhancing security. The system involves multiple devices working together to ensure secure PIN entry without exposing the layout or token to unauthorized access, providing a robust authentication process for transactions.

To know more about GlobalData’s detailed insights on Stripe, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.