PATENT CLAIM ANALYSIS

Application Number: 16115375
Application Type: Utility
Filing Date: 2018-08
Publication Date: 2018-12
Patent Classification: ["705", "044000"]

Abstract:
A system, apparatus, and method for reducing fraud in payment or other transactions by providing issuers with a warning that a transaction being processed for authorization is potentially fraudulent. In some embodiments, the present invention processes data obtained from a consumer authentication process that is used in card not present (CNP) transactions to determine characteristics or indicia of fraud from previous transactions. The characteristics or indicia of fraud can be used to generate a set of fraud detection rules or another form of fraud assessment model. A proposed transaction can then be evaluated for potential fraud using the fraud assessment model.

Claim (Index 32):
An apparatus for reducing fraud in transactions, comprising:\n a processor programmed to execute a set of instructions; a memory coupled to the processor for storing the set of instructions; and the set of instructions stored in the memory, wherein when executed by the processor the apparatus reduces fraud in the transactions in response to a request to perform a fraud assessment process for a payment account that is being used to conduct a payment transaction prior to initiation of authorization processing for the payment transaction by: receiving, by the apparatus and from a risk management engine, an early warning message for the payment transaction prior to generation of an authorization request message by the access control server, wherein the risk management engine generates the early warning message based at least in part on the fraud assessment using rules generated from authentication history data, the authentication history data comprising an archive of authentication operations performed or attempted using an authentication protocol that requires a user to provide an authentication credential prior to the authorization processing; and transmitting, by the apparatus to a merchant computer associated with the payment transaction, a decline message for the authorization request message based at least in part on the early warning message.

Metadata:
- Claim Count in Document: 59.0
- Percentile: 96.0
- Lexical Diversity: 1.57143
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['12903916', '14640701', '14719645', '15870192', '15462526']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1515080272014176
- 35 USC 102 Novelty (BERT): 0.5766071512465232
- Combined Prediction Score: 0.1940179396059282
- Mean Citation Score: 391.12833
- Max Citation Score: 536.34686
- Similarity Product: 391.364774612137

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 0

Dataset: test