SYSTEM AND METHOD FOR IDENTITY PROTECTION USING MOBILE DEVICE SIGNALING NETWORK DERIVED LOCATION PATTERN RECOGNITION

• US 20150142623A1
• Filed: 01/12/2015
• Published: 05/21/2015
• Est. Priority Date: 03/16/2007
• Status: Abandoned Application

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Finsphere Corporation (Visa, Inc.)
• Inventors: Ferguson, William M., Snyder, Randall A., Miller, Devin P.
• Application Number:
  US14/594,822
• Publication Number:
  US 20150142623A1
• Time in Patent Office: Days
• US Class Current: 705/30
• CPC Class Codes: G06F 21/88 Detecting or preventing theft or loss
• CPC Class Codes: G06F 2221/2111 Location-sensitive, e.g. geographical location, GPS
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: H04L 2463/102 applying security measure for e-commerce
• CPC Class Codes: H04W 12/02 Protecting privacy or anonymity, e.g. protecting personally identifiable information [PII]
• CPC Class Codes: H04W 12/0431 Key distribution or pre-distribution; Key agreement
• CPC Class Codes: H04W 12/126 Anti-theft arrangements, e.g. protection against subscriber identity module [SIM] cloning
• CPC Class Codes: H04W 12/63 Location-dependent; Proximity-dependent
• CPC Class Codes: H04W 88/02 Terminal devices

Abstract

A system and method for recognizing patterns in wireless device locations using wireless device location data derived from a communications signaling network is provided. By using wireless network supported signaling operations and messages, location data concerning the whereabouts of wireless devices, and hence wireless device users, may be obtained. The location data derived from the communications signaling network may be statistically analyzed to reveal potential geographic patterns that may indicate meaningful behaviors of the purported users of the wireless devices.

Claims

1. A method of facilitating electronic transactions involving a merchant entity and a credit-providing entity, the method comprising the steps of:

determining that an electronic transaction between the merchant entity and a first entity was fraudulent as a consequence of an action by the first entity;

verifying that the electronic transaction was authenticated by the credit-providing entity based on a location, obtained from a communications network, of a wireless device associated with a second entity; and

based on the verification that the electronic transaction was authenticated, transmitting to the merchant entity and the credit-providing entity notice that the merchant entity is released from liability for the electronic transaction.