Apparatus and method for adaptive fraud screening for electronic commerce transactions
US7058597B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 11, 1999 |
| Grant date | Jun 6, 2006 |
| Priority date | — |
| Expiry date | Aug 11, 2019 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L69/329
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An electronic commerce system managing sale and distribution of products over the Internet or other type of network. In order to prevent attempts by users to fraudulently obtain the products, system analyzes the information submitted by the users in connection with stored and associated information in an order to determine that likelihood that the order is an attempt at fraud. Based upon the determination, system accepts or declines the order. The system also saves the user-entered information for use in determining whether to accept to decline future orders.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.