ELECTRONIC COMMERCE SYSTEM AND METHOD FOR DETECTING FRAUD
First Claim
1. An electronic commerce system having a server and an end user machine interacting through a network during an electronic commerce transaction, the server comprising:
- a software module configured to receive user-entered information via the network including an electronic purchase order for a product within the electronic commerce system; and
a fraud detection mechanism active during electronic commerce transactions configured to determine a fraud ranking that indicates a likelihood that the electronic purchase order is attempted fraud based upon a quantitative analysis by determining a number of times that a piece of information from the electronic purchase order appeared on another order that was declined that day.
5 Assignments
0 Petitions
Accused Products
Abstract
An electronic commerce system managing sale and distribution of products over the Internet or other type of network. In order to prevent attempts by users to fraudulently obtain the products, system analyzes the information submitted by the users in connection with stored and associated information in an order to determine that likelihood that the order is an attempt at fraud. Based upon the determination, system accepts or declines the order. The system also saves the user-entered information for use in determining whether to accept to decline future orders.
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Citations
19 Claims
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1. An electronic commerce system having a server and an end user machine interacting through a network during an electronic commerce transaction, the server comprising:
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a software module configured to receive user-entered information via the network including an electronic purchase order for a product within the electronic commerce system; and
a fraud detection mechanism active during electronic commerce transactions configured to determine a fraud ranking that indicates a likelihood that the electronic purchase order is attempted fraud based upon a quantitative analysis by determining a number of times that a piece of information from the electronic purchase order appeared on another order that was declined that day. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A method performed by an electronic commerce system having a server and an end user machine interacting through a network during an electronic commerce transaction, the method comprising steps of:
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receiving user-entered information via the network including an electronic purchase order for a product within the electronic commerce system; and
determining a fraud ranking that indicates a likelihood that the electronic purchase order is attempted fraud based upon a quantitative analysis by determining a number of times that a piece of information from the electronic purchase order appeared on another order that was declined that day. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16, 17)
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18. An article of manufacture including instructions stored on a medium for controlling an electronic commerce system having a server and an end user machine interacting through a network during an electronic commerce transaction, the medium comprising:
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a software module configured to receive user-entered information via the network including an electronic purchase order for a product within the electronic commerce system; and
a fraud detection software module configured to be active during electronic commerce transactions and further configured to determine a fraud ranking that indicates a likelihood that the electronic purchase order is attempted fraud based upon a quantitative analysis by determining a number of times that a piece of information from the electronic purchase order appeared on another order that was declined that day. - View Dependent Claims (19)
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Specification