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. 10, 2017
Filed:
Aug. 25, 2010
Belva J. Bruesewitz, Danville, CA (US);
Nancy Hilgers, Danville, CA (US);
Patrick Faith, Pleasanton, CA (US);
Kevin Siegel, Milpitas, CA (US);
Xiaoli LI, Cupertino, CA (US);
Kris Koganti, Cupertino, CA (US);
Craig O'connell, San Mateo, CA (US);
Belva J. Bruesewitz, Danville, CA (US);
Nancy Hilgers, Danville, CA (US);
Patrick Faith, Pleasanton, CA (US);
Kevin Siegel, Milpitas, CA (US);
Xiaoli Li, Cupertino, CA (US);
Kris Koganti, Cupertino, CA (US);
Craig O'Connell, San Mateo, CA (US);
VISA U.S.A. INC., San Francisco, CA (US);
Abstract
A system for providing real-time risk mitigation for an authorization system. The system receives authorization requests from multiple merchants (or their respective acquirers) and processes such requests. Each processed request is then forwarded to its corresponding issuer for further authorization. Each processed request includes an authorization message. The authorization message can include a risk score, a number of reason codes, and a number of condition codes. The use of the risk score, reason codes and condition codes allows issuers to make better informed decisions with respect to providing authorizations.