Systems and methods for emergency duress security code and related instructions
US8260720B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 25, 2009 |
| Grant date | Sep 4, 2012 |
| Priority date | — |
| Expiry date | Sep 13, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system, method, and computer-usable medium are disclosed for identifying transactions resulting from the access of a financial account while a user is under duress. A user provides a duress shared secret. Instructions associated with the duress shared secret are processed and available financial account operations, along with associated financial account information, are displayed according to the associated instructions. The cash or electronic funds proceeds of a financial transaction operation are tagged with electronic fraud identification data. Tagged funds received by a financial institution are processed to extract their associated fraud identification data, which is then used to generate fraud trail data. If the tagged funds are used to originate follow-on financial transactions, they are likewise tagged with fraud identification data, which is likewise used to generate fraud trail data. Tagged funds are recovered by processing a tagged financial transaction to extract its associated fraud identification data, which is then used to query repositories of fraud trail data. Fraud trail data that matches the query is then processed to determine receiving account information. R…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.