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:
Oct. 21, 2008
Filed:
Nov. 16, 2007
Glen Ulrich, Happy Valley, OR (US);
Glen Ulrich, Happy Valley, OR (US);
U.S. Bancorp Licensing, Inc., Minneapolis, MN (US);
Abstract
An exemplary method for reducing fraudulent transactions includes receiving fraud data from a first data source, wherein the fraud data is related to a fraudulent transaction of an entity. A first data element corresponding to the entity is also received from the first data source. The first data element is correlated with the fraudulent transaction of the entity to form an entity profile. The first data element and a second data element corresponding to the entity are received from a second data source. The second data element is correlated with the entity profile based on the first data element. A transaction risk assessment request based on a request for payment to a payee is received, wherein the transaction risk assessment request includes a payee identifier. A transaction risk assessment is generated based at least in part on the entity profile and at least in part on the payee identifier.