Patent · US Active

Apparatus and method for handling transaction tokens

US9166966B2 · kind B2 · utility

11Cited by
0References
21Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMay 24, 2012
Grant dateOct 20, 2015
Priority date
Expiry dateAug 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.