Patent Document ID: 8751399
Application ID: 13549492
Patent Flag: 1

Claim One:
1. A computer-implemented method for detecting electronic payment card money laundering, comprising: receiving, by at least one software component executing on at least one processor, real-time payment card transaction data from ingress channels and channels of at least one payment card system through a first application programming interface (API); generating, by the at least one software component, at least two types of transactional profiles for each of at least: payment cards, the ingress channel, the egress channels, and funding sources of the payment cards, wherein a first type of transactional profile comprises a network graph of links between the ingress channels, the egress channels, the payment cards, any users of the payment cards, and geo-location identities associated with the payment cards; and wherein a second type of transactional profile comprises a series of transactional usage patterns at different time intervals of each of the payment cards, the ingress channels, the egress channels, and the funding sources; in response the at least one software component to receiving transaction data for a current payment card transaction, evaluating the transaction data using a predictive algorithm that compares the transaction data to the transactional profiles to calculate a probabilistic money laundering score for the current transaction; evaluating the probabilistic money laundering score and the current transaction data based on a set of rules to generate a suspicious activity report that recommends whether to approve or report the current transaction; and transmitting the suspicious activity report back to the payment card system and transmitting the suspicious activity report to an identified regulatory body.