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:
Jun. 23, 2020
Filed:
Sep. 06, 2017
Fair Isaac Corporation, Roseville, MN (US);
Scott Michael Zoldi, San Diego, CA (US);
Heming Xu, San Diego, CA (US);
Fair Isaac Corporation, Roseville, MN (US);
Abstract
Computer implementation methods of processing transactions to determine the fraud risk of transactions incorporating card issuer bin and cardholder location associated with a multitude of customers. The artificial intelligence models developed with such information provide an output of likelihood of fraud for payment card transactions. Disclosed are the methods of utilizing aggregated payment card transaction data at the card issuer bin and card holder location level to improve fraud detection. The implementation of the method is demonstrated to have boosted the performance of the developed models in detection of fraudulent payment cards.