Dynamic gating fraud control system
US10783521B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 16, 2017 |
| Grant date | Sep 22, 2020 |
| Priority date | — |
| Expiry date | May 1, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/42
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Reducing an amount of data transactions that are subjected to further review when determining if the data transactions should be approved or rejected. A risk score that defines a first cutoff and a second cutoff are determined. During a first time period, the first and second cutoffs are extended to increase data transactions subject to further review and to create an opportunity group of data transactions not previously approved that are now approved. A rejection rate of the data transactions subject to further review is compared to a threshold. When the rejection rate is no more than the threshold, during a second time period, a volume of the data transactions subject to further review is minimized and a second opportunity group of data transactions not previously approved that are now approved is created. The rejection rate of the data transactions subject to further review are again compared to the threshold.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.