GRADUATED SECURITY SEASONING APPARATUSES, METHODS AND SYSTEMS
First Claim
1. A graduated security protocol escalation processor-implemented method, comprising:
- obtaining a current transaction request, the current transaction request utilizing a user virtual wallet account for purchase payment;
identifying a transaction risk type associated with the current transaction request;
calculating, via a processor, a transaction risk level associated with the transaction risk type;
selecting a security protocol, based on the calculated transaction risk level, for processing the current transaction request; and
providing a security data request in accordance with the selected security protocol.
1 Assignment
0 Petitions
Accused Products
Abstract
The GRADUATED SECURITY SEASONING APPARATUSES, METHODS AND SYSTEMS (“GSS”) transform user virtual wallet activity and historical fraud reports via GSS components into transaction authorization triggers generated pursuant to graduated, transaction risk-appropriate, escalated security protocols. In one implementation, the GSS obtains a current transaction request, the request utilizing a user virtual wallet account for payment. The GSS identifies a transaction risk type associated with the request, and calculates a transaction risk level associated with the transaction risk type. Based on the transaction risk level, the GSS selects a security protocol for processing the current transaction request; and provide a security data request in accordance with the selected security protocol. The GSS also generates an offer, for an entity involved in processing the current transaction request, of a financial incentive in exchange for assuming the transaction risk level associated with the transaction risk type; and provides the offer for the entity.
127 Citations
80 Claims
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1. A graduated security protocol escalation processor-implemented method, comprising:
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obtaining a current transaction request, the current transaction request utilizing a user virtual wallet account for purchase payment; identifying a transaction risk type associated with the current transaction request; calculating, via a processor, a transaction risk level associated with the transaction risk type; selecting a security protocol, based on the calculated transaction risk level, for processing the current transaction request; and providing a security data request in accordance with the selected security protocol. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A graduated security protocol escalation means, comprising:
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means for obtaining a current transaction request, the current transaction request utilizing a user virtual wallet account for purchase payment; means for identifying a transaction risk type associated with the current transaction request; means for calculating a transaction risk level associated with the transaction risk type; means for selecting a security protocol, based on the calculated transaction risk level, for processing the current transaction request; and means for providing a security data request in accordance with the selected security protocol. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40)
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41. A graduated security protocol escalation system, comprising:
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a processor; and a memory disposed in communication with the processor and storing processor-executable instructions to; obtain a current transaction request, the current transaction request utilizing a user virtual wallet account for purchase payment; identify a transaction risk type associated with the current transaction request; calculate, via the processor, a transaction risk level associated with the transaction risk type; select a security protocol, based on the calculated transaction risk level, for processing the current transaction request; and provide a security data request in accordance with the selected security protocol. - View Dependent Claims (42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 63)
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61. A computer-readable tangible medium storing computer-executable graduated security protocol escalation instructions to:
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obtain a current transaction request, the current transaction request utilizing a user virtual wallet account for purchase payment; identify a transaction risk type associated with the current transaction request; calculate a transaction risk level associated with the transaction risk type; select a security protocol, based on the calculated transaction risk level, for processing the current transaction request; and provide a security data request in accordance with the selected security protocol. - View Dependent Claims (62, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80)
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Specification