The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 31, 2020
Filed:
Aug. 10, 2017
Visa International Service Association, San Francisco, CA (US);
Karthik Venkatesh, Hayward, CA (US);
Morvarid Jamalian, Cupertino, CA (US);
Morhaf Mahrous, Brentwood, CA (US);
Visa International Services Association, San Francisco, CA (US);
Abstract
Provided is a computer-implemented method for detecting potential money laundering activities. The method may include determining an overall transaction product category risk score for each transaction product category of a plurality of transaction product categories, where the overall transaction product category risk score is based on transaction data, a transaction product category risk score associated with the at least one issuer institution for each transaction product category, an issuer institution risk score associated with the at least one issuer institution, and a geographic risk score associated with the at least one issuer institution, determining an overall issuer institution risk score associated with the at least one issuer institution, determining whether the overall issuer institution risk score satisfies a threshold value, generating a notification, and communicating the notification to a client device based on generating the notification. A system and computer program product are also disclosed.