Excluding fraudulent transactions in transaction based authentication

US12056221B2 · kind B2 · utility

Assignee

• CAPITAL ONE SERVICES, LLC · US

Inventors

• Samuel Rapowitz · Roswell, US
• Viraj Chaudhary · Katy, US
• Joshua Edwards · Philadelphia, US
• David Septimus · New York, US
• Tyler Maiman · Melville, US
• Daniel Miller · Brooklyn, US

Key dates

• Filing date: Feb 28, 2022
• Grant date: Aug 6, 2024
• Expiry date: Jul 16, 2042

Classification

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

Abstract

Methods, systems, and apparatuses are described herein for improving computer authentication processes through excluding fraudulent transactions in transaction-based authentication. A computing device may receive a request for access to an account from a user. The computing device may provide transaction data to a machine learning model. The computing device may receive data indicating a confidence threshold associated with the user from the machine learning model. The computing device may generate a modified set of merchant choices for the user by excluding merchants related to potentially fraudulent transactions within a predetermined time period. An authentication question may be generated, and access to the account may be provided based on a response to the authentication question.