Smart Solutions is the exclusive commercialization and business development manager for the HADRiAN fraud protection system, which provides a secure verification at point of sale to reduce the potential risk of fraud through verification by the authorized user that each transaction is valid thereby providing the capability to track authorizations. The HADRiAN APP functions on all mobile devices such as smart phones, laptops, and tablets or desktop computers.
HADRiAN was granted U.S. Patent # US20140156424 A1 to reduce the risk of fraud in point of sale credit card transactions by providing independently-routed verification by communication between the authorized user of the credit card and the issuer of the credit card through a trusted intermediary.
Evaluation by the U.S. Patent and Trademark Office (USPTO) found that:The foregoing problems are overcome, and other advantages are provided by an independently-routed verification of authority through communication between an authorized user and an issuer of a credit card through a trusted intermediary in accordance with the invention. It should be noted that while the preferred embodiment is illustrated with respect to a credit card transaction, the problem and the solution disclosed herein are not limited to credit cards and the invention may also be used in general to verify that a transaction is being authorized by a user of record. The fundamental weakness of the current system is that the system does not require that the card holder be involved anywhere in the payment process the system only requires that the person claiming to have authority produce the credit card to the POS Merchant.
The solution proposed in this disclosure is to involve the Authorized User and require an approval or rejection of any payment authorizations. It is an object of the invention to provide a means by which an Authorized User is notified of a proposed transaction and authorizes or denies authorization of the transaction via an independent communications channel.
Thus, there has been described a novel solution for reducing the risk of fraud in point of sale credit card transactions by providing independently-routed verification by communication between the authorized user of the credit card and the issuer of the credit card through a trusted intermediary, that has a number of novel features, and a manner of making and using the invention.”
Additionally the USPTO found that: “While a specific embodiment of the invention has been shown and described in detail to illustrate the application of the principles of the invention, it will be understood that the invention may be embodied otherwise without departing from such principles and that various modifications, alternate constructions, and equivalents will occur to those skilled in the art given the benefit of this disclosure. Thus, thus invention is not limited to the specific embodiment described herein.”