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 27):
The computer-implemented method of  claim 26 , further comprising identifying, by the risk management engine, authentication process characteristics common to confirmed fraudulent transactions in the authentication history data.

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): 0.1514561102512722
- 35 USC 102 Novelty (BERT): 0.5768527662217894
- Combined Prediction Score: 0.193995775848324
- Mean Citation Score: 391.12833
- Max Citation Score: 536.34686
- Similarity Product: 392.42076682678817

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