Apparatus and method for handling transaction tokens
US9166966B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | May 24, 2012 |
| Grant date | Oct 20, 2015 |
| Priority date | — |
| Expiry date | Aug 1, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06F2221/2115
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
According to one embodiment, an apparatus may store a plurality of token-based rules. A token-based rule may facilitate the processing of transactions. The apparatus may receive a transaction token indicating that a transaction associated with an entity has been requested. The apparatus may determine at least one token-based rule based at least in part upon the transaction token. The at least one token-based rule may indicate that there is a risk that the transaction is fraudulent. The apparatus may determine that the transaction should be denied based at least in part upon the risk that the transaction is fraudulent.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.