Systems and methods for facilitating electronic transactions and deterring fraud

• US 8,078,515 B2
• Filed: 05/05/2008
• Issued: 12/13/2011
• Est. Priority Date: 05/04/2007
• Status: Active Grant

• Current Assignee: Michael Sasha John
• Original Assignee: Michael Sasha John
• Inventors: John, Michael Sasha
• Primary Examiner(s): Dass, Harish T
• Assistant Examiner(s): Cranford, Michael D
• Application Number:
  US12/115,538
• Publication Number:
  US 20080275748A1
• Time in Patent Office: 1,317 Days
• Field of Search: 705/35, 705/1
• US Class Current: 705/35
• CPC Class Codes: G06F 21/32 using biometric data, e.g. fingerprints, iris scans or voiceprints
• CPC Class Codes: G06F 21/35 communicating wirelessly
• CPC Class Codes: G06F 21/606 by securing the transmission between two devices or processes
• CPC Class Codes: G06F 21/6263 during internet communication, e.g. revealing personal data from cookies
• CPC Class Codes: G06Q 20/123 Shopping for digital content
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4012 Verifying personal identification numbers [PIN]
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 20/409 Device specific authentication in transaction processing
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Systems and methods are described for providing fraud deterrents during e-commerce, e-transactions, and digital rights management and access. One or more fraud deterrents may be automatically selected by a client, seller, bank, or other 3^rd party and may be implemented or presented to the client as a potential fraud deterrent option that may be chosen. Fraud deterrent options may be provided which are associated with particular aspects of the transaction including a client'"'"'s profile, the value of an item, or the preferences of the seller. The fraud deterrent features can be provided as part of a digital shopping cart and may be highly customized by the client including allowing the client to customize conceptual passwords which are presented during subsequent transactions.

Claims

1. A digital system for performing an electronic transaction comprising:

a graphical interface configured for allowing a client to conduct a electronic transaction wherein the interface is further configured to ask the client whether fraud deterrent software may be operated on the client computer as part of the transaction; and

,

a server configured to allow said electronic transaction, to perform the operation of the client side software when this is permitted by the client, and to receive internal footprint information subsequently transmitted by the client side software program, said internal footprint information including identity information relating to the identity of the computer on which the software is installed, the server further configured to compare the identity information against a database containing identity information and transaction information previously stored.

2. The digital system for performing an electronic transaction of claim 1 wherein the system is realized as a digital shopping cart which allows the purchase of a product from a seller.

3. The digital system for performing an electronic transaction of claim 1 wherein operating fraud deterrent software includes installing a fraud deterrent client side software program on the client'"'"'s computer.

4. The digital system for performing an electronic transaction of claim 1 wherein operating fraud deterrent software includes temporarily and reversibly installing a fraud deterrent client side software program on the client'"'"'s computer.

5. The server of claim 1 further configured to update a fraud related database of the server with information sent to it from the software program.

6. The server of claim 1 further configured to update a fraud related database which resides in the client'"'"'s computer with information sent to it from the program.

7. The software server of claim 1 further configured to cross-check information sent to it from the program that is installed on the client'"'"'s computer with a fraud related database of the server which contains historical information previously stored relating about prior transaction profiles.

8. The software program of claim 1, wherein the software program is configured to be installed as a system process.

9. The software program of claim 1, wherein the software program is configured to monitor the system processes.

10. The software program of claim 1, wherein the software program is configured to monitor and create a record of the system processes.

11. The software program of claim 1, wherein the software program monitors and creates a historical record of the system processes, the historical record including a use history for a digital product.

12. The software program of claim 11 in which the use history includes the number of times a software program was activated.

13. The software program of claim 11 in which the use history includes the cumulative period over which a software program was activated.

14. The software program of claim 1, wherein the software program scans the network on which a computer is installed and generates an internal network footprint.

15. The server of claim 1, wherein the server performs an external scan of the network on which a computer is installed and generates an external network footprint.

16. The client-side software program of claim 1 wherein the software is configured to generate an internal network footprint.

17. A system for detecting fraud comprising:

A remote server configured for obtaining an external footprint of a user'"'"'s profile and to communicate with client-side fraud detection software program that is operated on the client'"'"'s electronic device in order to obtain internal footprint information, the remote servers further configured for operating upon the external and internal footprint information to detect fraud; and

,

the client-side fraud detection software program configured to generate an internal footprint and send this internal footprint to the remote server,

wherein the internal footprint comprises information about the identity of the electronic device on which the software program is installed said information being obtained from within the electronic device; and

,

wherein the external footprint comprises information about the identity of the electronic device on which the software program is installed said information being obtained from outside the electronic device.

18. The server of claim 17 wherein the internal footprint includes information obtained during a scan of the network on which the client'"'"'s electronic device is installed which represents an internal network footprint.

19. The server of claim 17 wherein the remote server is further configured to perform a comparison of the information of the external footprint to that of the internal network footprint and to perform an adjustment of a fraud value based upon said comparison.

20. The adjustment of claim 19 including increasing said fraud value if the country indicated by the internal footprint is different than the country indicated by the external footprint.

21. The adjustment of claim 20 including increasing said fraud value if the comparison between the internal footprint and external footprint suggests the client is altering his user profile in order to engage in fraud.