System and method for location-based fraud prevention
US11238455B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 29, 2019 |
| Grant date | Feb 1, 2022 |
| Priority date | — |
| Expiry date | Apr 2, 2039 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04M1/72457
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
Various embodiments can include a system for the prevention of fraud. The system can comprise one or more processors and one or more non-transitory memory storage devices storing computing instructions. The computing instructions can be configured to run on the one or more processors and can perform: receiving an indication from a software application on a mobile device of a user that the mobile device has broken a first geofence; calculating a risk score for a first user account of the user; and prompting the user for additional information via the mobile device when the risk score is below a predetermined value. Other embodiments are disclosed herein.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.