Systems and methods for providing security in international money exchanges
US7856384B1 · kind B1 · utility
58Cited by
17References
43Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Nov 16, 2004 |
| Grant date | Dec 21, 2010 |
| Priority date | — |
| Expiry date | Mar 16, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/03
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Disclosed are systems and methods for effecting international online financial transactions between individuals or between individuals and entities such as banks, merchants and other companies. In one embodiment, one aspect of the invention is to provide an authentication system and security monitoring system to detect and prevent fraud. User usage patterns may also be identified and a user risk profile developed. In another embodiment, transactional amount limits may be updated based on the user risk profile. In addition, the user risk profile may be updated based on credit and debt information for the user.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.