WO2004003676A3 - Fraud detection - Google Patents

Fraud detection Download PDF

Info

Publication number
WO2004003676A3
WO2004003676A3 PCT/IB2003/002398 IB0302398W WO2004003676A3 WO 2004003676 A3 WO2004003676 A3 WO 2004003676A3 IB 0302398 W IB0302398 W IB 0302398W WO 2004003676 A3 WO2004003676 A3 WO 2004003676A3
Authority
WO
WIPO (PCT)
Prior art keywords
merchant portal
purchaser
transaction data
asynchronously
indicators
Prior art date
Application number
PCT/IB2003/002398
Other languages
French (fr)
Other versions
WO2004003676A2 (en
Inventor
Ian David King
Devan Govender
Original Assignee
Waterleaf Ltd
Ian David King
Devan Govender
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Waterleaf Ltd, Ian David King, Devan Govender filed Critical Waterleaf Ltd
Priority to AU2003240200A priority Critical patent/AU2003240200A1/en
Publication of WO2004003676A2 publication Critical patent/WO2004003676A2/en
Publication of WO2004003676A3 publication Critical patent/WO2004003676A3/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00Commerce
    • G06Q30/06Buying, selling or leasing transactions
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/38Payment protocols; Details thereof
    • G06Q20/40Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/403Solvency checks

Abstract

A fraud detection system (1) comprises a merchant portal (2) accessible by a purchaser along a communication network (4) in order to conduct a commercial transaction, and an analysis facility (3) in communication with the merchant portal (2). The merchant portal (2) is arranged to enable input by the purchaser of transaction data relating to the commercial transaction. The analysis facility (3) receives inputted transaction data from the merchant portal (2) along the communication network (4) and derives, independently and asynchronously from the merchant portal (2), one or more indicators of potential fraud by the purchaser as a function of the inputted transaction data. The transaction data is added to a queue (8) and is processed by a check agent (9) on a first-in-first-processed basis, independently and asynchronously from the merchant portal (2), according to a number of predetermined checks to obtain corresponding check results. A decision engine (11) aggregates the results of the checks according to one or more aggregation algorithms to derive the one or more indicators of potential fraud by the purchaser.
PCT/IB2003/002398 2002-06-28 2003-06-20 Fraud detection WO2004003676A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2003240200A AU2003240200A1 (en) 2002-06-28 2003-06-20 Fraud detection

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
GB0214995A GB0214995D0 (en) 2002-06-28 2002-06-28 Fraud detection
GB0214995.3 2002-06-28

Publications (2)

Publication Number Publication Date
WO2004003676A2 WO2004003676A2 (en) 2004-01-08
WO2004003676A3 true WO2004003676A3 (en) 2004-03-11

Family

ID=9939482

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/IB2003/002398 WO2004003676A2 (en) 2002-06-28 2003-06-20 Fraud detection

Country Status (3)

Country Link
AU (1) AU2003240200A1 (en)
GB (1) GB0214995D0 (en)
WO (1) WO2004003676A2 (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
EP1816595A1 (en) * 2006-02-06 2007-08-08 MediaKey Ltd. A method and a system for identifying potentially fraudulent customers in relation to network based commerce activities, in particular involving payment, and a computer program for performing said method
WO2008138029A1 (en) * 2007-05-11 2008-11-20 Fmt Worldwide Pty Ltd A detection filter
US8666841B1 (en) 2007-10-09 2014-03-04 Convergys Information Management Group, Inc. Fraud detection engine and method of using the same

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5365046A (en) * 1991-04-09 1994-11-15 Haymann Frank V Preventing unauthorized use of a credit card
US5457305A (en) * 1994-03-31 1995-10-10 Akel; William S. Distributed on-line money access card transaction processing system
US6047268A (en) * 1997-11-04 2000-04-04 A.T.&T. Corporation Method and apparatus for billing for transactions conducted over the internet
US6122624A (en) * 1998-05-28 2000-09-19 Automated Transaction Corp. System and method for enhanced fraud detection in automated electronic purchases

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5365046A (en) * 1991-04-09 1994-11-15 Haymann Frank V Preventing unauthorized use of a credit card
US5457305A (en) * 1994-03-31 1995-10-10 Akel; William S. Distributed on-line money access card transaction processing system
US6047268A (en) * 1997-11-04 2000-04-04 A.T.&T. Corporation Method and apparatus for billing for transactions conducted over the internet
US6122624A (en) * 1998-05-28 2000-09-19 Automated Transaction Corp. System and method for enhanced fraud detection in automated electronic purchases

Also Published As

Publication number Publication date
WO2004003676A2 (en) 2004-01-08
AU2003240200A8 (en) 2004-01-19
GB0214995D0 (en) 2002-08-07
AU2003240200A1 (en) 2004-01-19

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