Patent ID: 8850575

Claim:
A method of identifying risky transactions, comprising: receiving, from a service provider, a transaction and a message which includes information indicative of a failure to collect geolocation data associated with the transaction; generating an authentication result based on the information indicative of the failure to collect geolocation data associated with the transaction; and sending the authentication result to the service provider; wherein receiving the transaction and the message includes: obtaining, as part of the message, a value of a geolocation error code indicative of a type of failure to collect geolocation data associated with the transaction; wherein the transaction is stored in a current entry of a set of entries of a database, the entry including a current value of a geolocation field; wherein previous entries of the set of entries of the database store information associated with previous transactions; and wherein generating the authentication result includes: producing a percentage of a specified number of previous transactions having a value of the geolocation field being equal to the current value of the geolocation error code; and assigning a risk score to the transaction, the risk score being based on the percentage of the specified number of previous transactions.