Systems and methods for providing fraud indicator data within an authentication protocol

US11501286B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Christian P. Tomasofsky · San Francisco, US
• Steve E. Hubbard · Pasco, US
• Luis Filipe Ferreira da Silva · Brussels, BE

Key dates

• Filing date: May 5, 2020
• Grant date: Nov 15, 2022
• Expiry date: May 5, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06F2221/2103
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A computing device for risk-based analysis of a payment card transaction is provided herein. The computing device includes a processor communicatively coupled to a memory. The computing device is programmed to receive a request for authentication of the payment card transaction. The payment card transaction includes a suspect consumer presenting a payment card from a digital wallet of a privileged cardholder. The computing device is also programmed to identify fraud feature data from the digital wallet. The computing device is further programmed to compute a fraud score for the payment card transaction based at least in part on the fraud feature data. The computing device is still further programmed to provide the fraud score for use during authentication of the suspect consumer.