Method and system for detecting fraud in a credit card transaction over the internet
First Claim
1. A computer-implemented method comprising:
- receiving by a computer, either directly or indirectly from a consumer through an online service or internet, a first information that is related to a current commercial transaction that is being evaluated for fraud, wherein the first information includes credit card information;
obtaining by the computer an internet address from which the first information is received from the consumer;
in response to obtaining the internet address the computer accessing at least one database to obtain a second information on a plurality of commercial transactions that have been previously associated with the internet address from which the first information is received from the consumer; and
producing an indication on whether the current commercial transaction is fraudulent based on correlating at least one subset of the second information and at least one subset of the first information using at least computer instructions stored on a non-transitory computer readable medium.
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Accused Products
Abstract
A computer-implemented method is disclosed, where first information that is related to a current commercial transaction that is being evaluated for fraud is received, either directly or indirectly, from a consumer through an online service or internet. The computer obtains an internet address from which the first information is received from the consumer. In response to obtaining the internet address, the computer accesses at least one database to obtain a second information on a plurality of commercial transactions that have been previously associated with the internet address from which the first information is received from the consumer. An indication is produced on whether the current commercial transaction is fraudulent based on correlating at least one subset of the second information and at least one subset of the first information.
243 Citations
18 Claims
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1. A computer-implemented method comprising:
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receiving by a computer, either directly or indirectly from a consumer through an online service or internet, a first information that is related to a current commercial transaction that is being evaluated for fraud, wherein the first information includes credit card information; obtaining by the computer an internet address from which the first information is received from the consumer; in response to obtaining the internet address the computer accessing at least one database to obtain a second information on a plurality of commercial transactions that have been previously associated with the internet address from which the first information is received from the consumer; and producing an indication on whether the current commercial transaction is fraudulent based on correlating at least one subset of the second information and at least one subset of the first information using at least computer instructions stored on a non-transitory computer readable medium. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A computer system comprising:
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at least one database stored on a non-transitory computer readable medium of internet addresses and corresponding commercial transactions; at least one internet identification verification component at least part of which is stored on a non-transitory computer readable medium that is in communication with the at least one database of internet addresses and corresponding commercial transactions; wherein the at least one internet identification verification component is configured to create a correlation between information on past commercial transactions and a respective internet address of a consumer associated with a current commercial transaction that is being evaluated for fraud; at least a controller at least part of which is stored on a non-transitory computer readable medium and that is configured to receive through the internet from the consumer associated with the current commercial transaction, information related to the current commercial transaction including credit card information and the respective internet address of the consumer; and at least one fraud detection component at least part of which is stored on a non-transitory computer readable medium and that is configured to create an integrated indication of whether the current commercial transaction is fraudulent based on at least the correlation created by the at least one internet identification verification component. - View Dependent Claims (10, 11, 12, 13)
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14. A system comprising:
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at least one controller at least part of which is stored on a non-transitory computer readable medium and that is configured to receive, either directly or indirectly, from a consumer through an online service or internet, a first information that is related to a current commercial transaction that is being evaluated for fraud and an internet address from which the first information is received, wherein the first information includes credit card information; at least one internet identification verification component at least part of which is stored on a non-transitory computer readable medium, wherein the at least one internet identification verification component is configured to create a correlation between the first information and a second information on a plurality of commercial transactions that have been previously associated with the internet address from which the first information is received wherein the second information is accessed from at least one database configured to store internet addresses and corresponding commercial transactions; and at least on fraud detection component at least part of which is stored on a non-transitory computer readable medium and configured to produce for producing an indication on whether the current commercial transaction is fraudulent based on at least the correlation between the first information and a second information on a plurality of commercial transactions that have been previously associated with the internet address from which the first information is received. - View Dependent Claims (15, 16, 17, 18)
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Specification