This invention describes a computer system designed to prevent identity theft by enhancing security for electronic transactions. When a transaction is requested, the system checks various authentication factors and sends a real-time alert to the user's personal device, like a smartphone, for immediate approval or denial. A key aspect of the system, as defined by the claims, involves using two of the user's personal electronic devices to determine their physical proximity as an additional security measure.
Why it matters: Filed before widespread adoption of advanced biometric authentication on personal devices and the common use of multiple connected personal devices (like phones and smartwatches) for security. The infrastructure for real-time, multi-device authentication is now much more robust and expected by users.
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