Abstract: A system, method, and computer program to reduce incorrectly declined transactions and improve risk calculation accuracy by reducing error probability during fraud detection. The tool first receives at least one data element as well as transaction account data and/or financial transaction instrument data. Then a customer is determined from a first record associated with the transaction account data and/or financial transaction instrument data. A record search is performed to identify at least one additional record associated with the customer. Finally, the data element is compared to the information contained in the additional record to create a comparison result that verifies a customer address. The comparison result may be used as an input to transaction risk calculations. The comparison result may also be provided to a merchant system and/or merchant for use in a decision-making process, for example, to verify customer identity.
Type:
Grant
Filed:
November 23, 2015
Date of Patent:
February 13, 2018
Assignee:
III Holdings I, LLC
Inventors:
Danielle R. Domenica, Rahul S. Siddharth, Chanderpreet Duggal, Pradeep V. Ramesh, Janet L. Biffle, Kristin Hoyne Gomes
Abstract: A motor vehicle may be equipped with apparatus permitting the reception of transportation-related alerts. The alerts received may be in accordance with factors, such as device-specific and/or location-specific factors. Alerts may, for example, be held or formatted, e.g., for audio presentation, depending on various factors, including, but not limited to location and/or speed.
Type:
Grant
Filed:
May 14, 2015
Date of Patent:
July 19, 2016
Assignee:
III Holdings I, LLC
Inventors:
Stephen Haag, Carlos J. Lebrilla, Marc Rush, Linda Rolfes