Merchant fraud risk score

US8626663B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Brad Nightengale · Redwood Shores, US
• Karl Newland · Pacifica, US
• Kevin Siegel · Milpitas, US
• Zhongxiao Jiang · Cupertino, US
• Sharon Rowberry · San Mateo, US

Key dates

• Filing date: Mar 22, 2011
• Grant date: Jan 7, 2014
• Expiry date: Apr 16, 2031

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2101/668
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Methods and systems are presented for a fraud risk score to be given to a merchant for a proposed transaction with a consumer. The fraud risk score is generated by a payment account service provider, such as a credit card processor, using information from a pending transaction as well as information from other payment accounts that the consumer holds to which the payment account service provider is privy. Various factors, including indicators of elevated risk in other payment accounts, are custom-weighted by the merchant for the score.