Systems and methods for producing suspicious activity reports in financial transactions

US7831498B2 · kind B2 · utility

Assignee

• The Western Union Company · US

Inventors

• John Morales · Nesconset, US
• James E. Cowell · Littleton, US
• Melanie B. Mulleneaux · Parker, US

Key dates

• Filing date: Sep 8, 2003
• Grant date: Nov 9, 2010
• Expiry date: Nov 10, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G07G3/003
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method of producing a suspicious activity reports includes storing configuration information at a transaction processing device. The configuration information configures the device to produce suspicious activity reports based on certain criteria. The method also includes receiving transaction information and determining, based on the transaction information and the certain criteria, whether a suspicious activity report is to be prepared. The method also includes generating a suspicious activity report containing at least some of the transaction information.