Fraud protection
First Claim
1. A method for providing enhanced protection from fraud, comprising:
- receiving transfer data corresponding to a transaction include a transfer of money;
comparing the transfer data to filter data in a data store, the filter data including at least one serial number and at least one dollar amount; and
outputting an alert if fraud is detected in the transaction, the alert resulting in zero false positives.
1 Assignment
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Accused Products
Abstract
Systems and methods are illustrated for providing enhanced fraud protection. Aspects of the fraud protection system may be implemented by a filter that may be configured to detect fraud in a transaction between a financial institution and a customer. An input device may receive data that corresponds to a transaction between a financial institution and a customer, such as a transfer of money. A data store may store information relating to the transaction that includes the serial number and dollar amount of the transfer of money. When the filter detects fraud, an output device may output an alert resulting in zero false positives. The filter may also include a module that is configured to compare the data that is received by an input device to data that is stored in the data store. Oftentimes, the data in the data store may be information relating to past fraud protection.
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Citations
28 Claims
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1. A method for providing enhanced protection from fraud, comprising:
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receiving transfer data corresponding to a transaction include a transfer of money; comparing the transfer data to filter data in a data store, the filter data including at least one serial number and at least one dollar amount; and outputting an alert if fraud is detected in the transaction, the alert resulting in zero false positives. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system for providing enhanced protection from fraud, comprising:
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an input device configured to receive data corresponding to a transaction including a transfer of money; a filter configured to detect fraud in a transaction, the detecting occurring with zero false positives; a data store comprising at least one serial number and at least one dollar amount; and an output device configured to output an alert if fraud is detected in the transaction. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23)
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24. A computer-readable medium storing computer-executable instructions causing a processor to perform a method, comprising:
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receiving data corresponding to a transaction including a transfer of money; comparing the data corresponding to the transaction to data in a data store, the data in the data store including at least one serial number, at least one dollar amount, at least one routing transit number, and at least one account number; and outputting an alert if fraud is detected in the transaction, the alert resulting in zero false positives.
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25. A method for providing enhanced protection from fraud, comprising:
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receiving transfer data corresponding to a transaction include a transfer of money; comparing the transfer data to filter data in a data store, the filter data including at least one routing transit number and at least one account number; and outputting an alert if fraud is detected in the transaction, the alert resulting in zero false positives. - View Dependent Claims (26, 27, 28)
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Specification