PATENT CLAIM ANALYSIS

Application Number: 15862501
Application Type: Utility
Filing Date: 2018-01
Publication Date: 2018-08
Patent Classification: ["705", "018000"]

Abstract:
A system and method for detecting fraud when facilitating a payment transaction over a global wide area network. The method comprises receiving a sale information, receiving a payment information from a buyer, and analyzing a transaction information for fraud. If the analyzing indicates fraud, an enhanced transaction information is communicated to a human for fraud analysis. In one embodiment, the method comprises performing rule-based analyses to determine whether the transaction appears to be fraudulent. Rule-based analyses may include suspect data rules and velocity rules. Velocity rules generally determine whether there has been excessive activity that may lead to a conclusion that the transaction may be fraudulent. Suspect data rules are used to determine whether the billing, shipping, selling addresses, telephone numbers, and account numbers, and other data are in a syntactically correct format and whether they exist. In one embodiment, the method further comprises performing simple screening of the transaction information. In one embodiment, the method further comprises seeking approval from a third party such as a financial institution based on the payment information. The method may be implemented as part of a system that includes personal computers, server computers, and other personal computing devices, some of which may communicate over the Internet, and others which may communicate via dedicated communication lines.

Claim (Index 9):
A fraud detection system, comprising:\n a non-transitory memory; and one or more hardware processors coupled to the non-transitory memory and configure to execute instruction on the non-transitory memory to cause the system to perform operations comprising:\n beginning, with a payer device via a website interface that is provided for display on the payer device through a network, a real-time payment transaction; \n receiving, via the website interface from the payer device through the network during the real-time payment transaction, payment information that is associated with the real-time payment transaction and that identifies a payer and a payee; \n analyzing, during the real-time payment transaction, the payment information; \n determining, during the real-time payment transaction and based on the analysis of the payment information, that the real-time transaction is not associated with fraud; \n analyzing, during the real-time payment transaction and in response to determining that the real-time transaction is not associated with fraud, a transaction velocity associated with the payer; \n determining, during the real-time payment transaction and based on the analysis of the transaction velocity, that the real-time payment transaction between the payer and the payee should be cancelled; and \n cancelling, based on the determination that the transaction between the payer and the payee should be cancelled, the real-time payment transaction between the payer and the payee.

Metadata:
- Claim Count in Document: 51.0
- Percentile: 86.0
- Lexical Diversity: 2.09735
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['09615638', '12491801', '10429440', '13450153', '09352468']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1075964639639376
- 35 USC 102 Novelty (BERT): 0.5439046564739974
- Combined Prediction Score: 0.1512272832149436
- Mean Citation Score: 311.7807620000001
- Max Citation Score: 391.21924
- Similarity Product: 319.935427761674

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

Dataset: test