MOBILE DIRECTORY NUMBER AND EMAIL VERIFICATION OF FINANCIAL TRANSACTIONS

• US 20120130898A1
• Filed: 07/07/2010
• Published: 05/24/2012
• Est. Priority Date: 07/07/2009
• Status: Abandoned Application

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Finsphere Corporation (Visa, Inc.)
• Inventors: Snyder, Randall A., Buhrmann, Michael F., Ginter, Thomas S.
• Application Number:
  US13/382,900
• Publication Number:
  US 20120130898A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/32 using wireless devices
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation

Abstract

Systems and methods for verifying a financial transaction based on an account number, a mobile directory number associated with the financial transaction, a mobile directory number associated with the account number, an email address associated with the account number, internet protocol address data associated with the financial transaction, and internet protocol address data associated with accesses of the email address.

Claims

1. A method of verifying a financial transaction comprising:

receiving an account number from a computerized payment network at a computerized verification system;

sending a query including the account number from the computerized verification system to a financial institution associated with the account number;

receiving a wireless device ID at the computerized verification system from the financial institution in response to the query;

determining a fraud indicator based on the wireless device ID received from the financial institution using the computerized verification system; and

sending the fraud indicator from the computerized verification system to the computerized payment network.

2. The method of verifying a financial transaction according to claim 1, further comprising:

receiving a wireless device ID from the payment network at the computerized verification system,

wherein determining the fraud indicator is also based on the wireless device ID received from the payment network.

3. The method of verifying a financial transaction according to claim 2, wherein determining the fraud indicator is based on whether the wireless device ID received from the financial institution matches the wireless device ID received from the payment network.

4. The method of verifying a financial transaction according to claim 1, further comprising:

receiving location data associated with the wireless device ID from a wireless network at the computerized verification system,

wherein determining the fraud indicator is also based on the wireless device ID location data.

5. The method of verifying a financial transaction according to claim 1, further comprising:

receiving at least one additional telephone directory number associated with the account number from the financial institution at the computerized verification system,

wherein determining the fraud indicator is also based on the received telephone directory numbers.

6. The method of verifying a financial transaction according to claim 1, further comprising:

receiving supplementary subscription data associated with the wireless device ID from a wireless network at the computerized verification system,

wherein determining the fraud indicator is also based on the supplementary subscription data.

7. The method of verifying a financial transaction according to claim 1, further comprising determining whether the transaction should be authorized based on the fraud indicator at the computerized payment network.

8. The method of verifying a financial transaction according to claim 7, further comprising presenting an authorization indicator on a computerized device based on whether the computerized payment network determined the transaction should be authorized.

11. The method of verifying a financial transaction according to claim 8, further comprising:

receiving IP address data from the payment network,

wherein determining the fraud indicator is also based on the IP address data received from the payment network.

9. A method of verifying a financial transaction comprising:

receiving an account number from a payment network at a computerized verification system;

sending a first query including the account number from the computerized verification system to a financial institution associated with the account number;

receiving an email address associated with the account number at the computerized verification system from the financial institution in response to the first query;

sending a second query including the received email address from the computerized verification system to an email service provider associated with the email address;

receiving email address data, including IP address data associated with accesses of the email address at the computerized verification system from the email service provider in response to the second query;

determining a fraud indicator based on the email address data using the computerized verification system; and

sending the fraud indicator from the computerized verification system to the computerized payment network.

10. The method of verifying a financial transaction according to claim 9, further comprising:

receiving an email address from the payment network,

wherein determining the fraud indicator is also based on the email address received from the payment network

12. The method of verifying a financial transaction according to claim 9, further comprising determining whether the transaction should be authorized based on the fraud indicator at the computerized payment network.

13. The method of verifying a financial transaction according to claim 9, further comprising presenting an authorization indicator on a computerized device based on whether the computerized payment network determined the transaction should be authorized.