Patent ID: 8666893
Filing Date: 2014-03-04
Classification: G06Q

Abstract:
1. A computer-implemented method of authenticating an electronic funds transfer, the method comprising: receiving a username from a user; displaying an image and image title to the user, wherein the image and image title are stored in a database in association with the username; receiving a password from the user in response to displaying the image and the image title; determining that the user is authorized to initiate an electronic funds transfer based on the username and password; determining a network address and an operating system of a computer system being used by the user: validating a device fingerprint for the computer system, wherein the device fingerprint is a score created based at least in part on the network address and the operating system; comparing the device fingerprint to a file comprising device fingerprints of a plurality of computer systems that may have been used in connection with fraudulent transactions; receiving data from the user related to an electronic funds transfer, the data comprising a source account, a destination account, an amount of funds, and a transfer date; validating transaction data related to the electronic funds transfer, wherein validating transaction data related to the electronic funds transfer comprises comparing the transaction data to at least one file containing characteristics of transaction data associated with false transactions; and validating the electronic funds transfer using payment analytics wherein validating the electronic funds transfer using payment analytics comprises comparing the behavioral characteristics of the user to at least one file containing behavioral characteristics associated with false transactions, wherein the behavioral characteristics are selected from the group consisting of the length of the relationship between a bank associated with a source account for the electronic funds transfer, a transaction history of the source account, and a current status of the source account.