Systems and methods for user identity verification and risk analysis using available social and personal data

US8918904B2 · kind B2 · utility

Assignee

• WePay, Inc. · US

Inventors

• Aleksey Sanin · Sunnyvale, US
• William D. Clerico · Palo Alto, US
• Richard Aberman · Palo Alto, US
• Eric Stern · Boston, US
• Khang Tran · San Jose, US

Key dates

• Filing date: Nov 21, 2011
• Grant date: Dec 23, 2014
• Expiry date: May 14, 2032

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L67/53
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A new approach is proposed that contemplates systems and methods to support user identity verification based on social and personal information of the user. Under the approach, customers/users are required to grant identity verifying party a degree of access to their social network information, including but not limited to, account data and social graph information on social networks. The identity verifying party then acquires information of a current or potential user's online presence in addition to other information of the user and utilizes such information to verify the user's identity in the real world and/or to assess the fraud risk of a specific financial transaction requested by the user.