Method and system for fraud control based on geolocation

US11620628B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Amyn Mohamed DHALA · Jersey City, US
• Kimberly Lewis Peyton · New York, US
• Tim Mattingly · Chesterfield, US
• Alain Delperdange · Jodoigne-Souveraine, BE
• Dominique STEENBEEK · Wavre, BE
• Gregory Coburn · Dublin, IE
• Susan Rassbach · Fenton, US
• Mark N. Savoye · Hartsdale, US
• Benjamin Dessy · Céroux, BE
• Karen Randell · O'Fallon, US
• Brad DICKINSON · O'Fallon, US
• Navjot Sidhu · Störitzseestraße, US
• Corey M. Hively · O'Fallon, US

Key dates

• Filing date: Jun 30, 2015
• Grant date: Apr 4, 2023
• Expiry date: Oct 30, 2035

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/4016
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for fraud control of a transaction account based on geolocation includes: storing, in an account database, an account profile including data related to a transaction account including a first profile rule associated with a first geographic area and a second profile rule associated with a second geographic area different from the first; receiving an authorization request for a first transaction involving a first payment card, the request including a first geographic location; receiving an authorization request for a second transaction involving a second payment card, the request including a second geographic location; determining validation for each authorization request, wherein each is determined to be valid if the geographic location is in a geographic area corresponding to the first geographic area or the second geographic area; and transmitting the determination of validation for each authorization request to a payment network for processing of the associated payment transaction.