SYSTEM AND METHOD FOR PROVIDING AN ACCOUNT HOLDER A NOTIFICATION
First Claim
1. A system, comprising:
- a transaction data communication module that receives, via a network, transaction data associated with a transaction;
a transaction processor that associates the transaction data with an account of an account holder, compares the transaction data to one or more spending limits associated with the account, and compares the transaction data to one or more fraud detection rules associated with the account;
an account holder notification system associated with the transaction processor that notifies the account holder, via a network, based on the results of the comparison steps; and
an authorization response module that receives, via a network, a response from the account holder and approves or deny the transaction based at least in part on a response received.
2 Assignments
0 Petitions
Accused Products
Abstract
Systems and methods provide for notifying an account holder of an attempted transaction. The systems and methods include a transaction data communication module that receives, via a network, transaction data associated with a transaction, a transaction processor that associates the transaction data with an account of an account holder, compares the transaction data to one or more spending limits associated with the account, and compares the transaction data to one or more fraud detection rules associated with the account, an account holder notification system associated with the transaction processor that notifies the account holder, via a network, based on the results of the comparison steps, and an authorization response module that receives, via a network, a response from the account holder and approves or deny the transaction based at least in part on a response received.
43 Citations
20 Claims
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1. A system, comprising:
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a transaction data communication module that receives, via a network, transaction data associated with a transaction; a transaction processor that associates the transaction data with an account of an account holder, compares the transaction data to one or more spending limits associated with the account, and compares the transaction data to one or more fraud detection rules associated with the account; an account holder notification system associated with the transaction processor that notifies the account holder, via a network, based on the results of the comparison steps; and an authorization response module that receives, via a network, a response from the account holder and approves or deny the transaction based at least in part on a response received. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method, comprising:
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receiving, via a network, transaction data associated with a transaction; associating, using a transaction processor, the transaction data with an account of an account holder; comparing, using the transaction processor, the transaction data to one or more spending limits associated with the account; comparing, using the transaction processor, the transaction data to one or more fraud detection rules associated with the account; notifying, using an account holder notification system, the account holder, via a network, based on the results of the comparison steps; and receiving, via a network, a response from the account holder; approving or denying the transaction based at least in part on a response received. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification