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:
Jul. 11, 2023
Filed:
Dec. 28, 2020
State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);
Timothy Kramme, Parker, TX (US);
Elizabeth Flowers, Bloomington, IL (US);
Reena Batra, Alpharetta, GA (US);
Miriam Valero, Bloomington, IL (US);
Puneit Dua, Bloomington, IL (US);
Shanna L. Phillips, Bloomington, IL (US);
Russell Ruestman, Minonk, IL (US);
Bradley A. Craig, Normal, IL (US);
State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);
Abstract
In a method of preventing fraudulent online financial transactions, a request to authorize an online, financial transaction may be received, where the transaction is associated with a debit or credit card account. A computing device at which information associated with the debit or credit card account was entered for the transaction may be identified, and a first geographic location at which the computing device resides may be determined. Based upon geolocation data indicating one or more geographic locations of the authorized cardholder, it may be determined that the authorized cardholder was at a second geographic location at a time of the transaction. If the second geographic location does not correspond to the first geographic location, the financial transaction may be prevented from being executed.