Account type detection for fraud risk
US10867304B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 28, 2019 |
| Grant date | Dec 15, 2020 |
| Priority date | — |
| Expiry date | Mar 28, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/4016
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A server computer can provide a merchant or other entity with a payment card (or other payment device) detection service that can determine a level of fraud based on the account type being presented (e.g., credit, debit, prepaid, etc.) at the time of purchase. For example, a payment account number (PAN) can be used to perform a database lookup (e.g., a range lookup) to identify the payment account type, which can then be fed into a fraud detection system. The level of fraud can then be used to determine an authorization result (e.g., accept, reject, or review). A use of a merchant processor computer that implements fraud processing can allow a merchant to implement discounting, acceptance, and/or fraud rules based on the card type.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.