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:
Aug. 12, 2014
Filed:
Nov. 02, 2010
Kevin Chaowen Chen, San Diego, CA (US);
Vijay S. Desai, San Diego, CA (US);
William Szczuka, San Diego, CA (US);
Andrew Engel, San Diego, CA (US);
Ho Ming Luk, San Diego, CA (US);
Brian Lee Duke, Poway, CA (US);
Daniel J. Dotson, Poway, CA (US);
Revathi Subramanian, San Diego, CA (US);
Paul Charles Dulany, San Diego, CA (US);
Kevin Chaowen Chen, San Diego, CA (US);
Vijay S. Desai, San Diego, CA (US);
William Szczuka, San Diego, CA (US);
Andrew Engel, San Diego, CA (US);
Ho Ming Luk, San Diego, CA (US);
Brian Lee Duke, Poway, CA (US);
Daniel J. Dotson, Poway, CA (US);
Revathi Subramanian, San Diego, CA (US);
Paul Charles Dulany, San Diego, CA (US);
SAS Institute Inc., Cary, NC (US);
Abstract
Systems and methods are provided for operation upon data processing devices are provided for operating with a fraud detection system. As an example, a system and method can be configured for receiving, throughout a current day in real-time or near real-time, financial transaction data representative of financial transactions initiated by different entities. At multiple times throughout the day, a summarization of the financial transaction data (which has been received within a time period within the current day) is generated. The generated summarization is used to determine whether fraud has occurred with respect to a financial transaction contained in the received authorization data or with respect to a subsequently occurring financial transaction.