Systems and methods for graduated suspicious activity detection

US8417600B2 · kind B2 · utility

Assignee

• The Western Union Company · US

Inventors

• Robert Degen · Marietta, US
• Brian Prendergast · Loganville, US
• Scott C. Hansen · Woodcliff Lake, US

Key dates

• Filing date: May 7, 2003
• Grant date: Apr 9, 2013
• Expiry date: May 18, 2030

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F7/08
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for evaluating electronic value transfers. Various of the methods include graduating a defined affinity between transactions to increasing levels of scrutiny. At an increased level of scrutiny, reports can be generated indicating suspicious activity and/or interdiction procedures can be implemented to reduce the occurrence of the detected suspicious activity. Various of the systems are tailored to implement the aforementioned methods.