Systems and methods for risk based decisioning
AssigneeMastercard International Incorporated
InventorMark B. Wiesman
Life of this patent
Estimating the term…
Abstract
A method and system for creating an assurance level based on authentication data attributes using a computer device coupled to a database are provided. The method includes receiving an authorization request associated with the financial transaction from the sender, the authorization request including a fraud risk assessment of the financial transaction determined by the sender using an authentication response received from the computer device by the sender, the authorization request including one or more reason codes associated with the sender fraud risk assessment. The method further includes transmitting the received authorization request to an issuer associated with the cardholder.
Claims25
A computer-implemented method for creating an assurance level based on interaction data electronically captured by a merchant computing device, the method comprising:
- electronically capturing, by the merchant computing device, interaction data from a consumer interaction, the interaction data including interaction data attributes;
- prior to transmitting an authorization request message, transmitting an authentication request message associated with the consumer interaction to an authenticator computing device, wherein the authentication request message includes at least some of the interaction data attributes, and wherein the authentication request message is separate from the authorization request message;
- receiving, by the merchant computing device, an authentication response to the authentication request message that includes results of an authentication routine;
- generating a fraud risk assessment of the consumer interaction based upon the authentication response;
- transmitting the authorization request message to an authorizing party, the authorization request message including the fraud risk assessment;
- and
- receiving an authorization response from the authorizing party.
A sender computing device for creating an assurance level based on electronically captured interaction data, the sender computing device comprising at least one processor and a memory, wherein the at least one processor is programmed to:
- electronically capture interaction data from a consumer interaction, the interaction data including interaction data attributes;
- prior to transmitting an authorization request message, transmit an authentication request message associated with the consumer interaction to an authenticator computing device, wherein the authentication request message includes at least some of the interaction data attributes, and wherein the authentication request message is separate from the authorization request message;
- receive an authentication response to the authentication request message that includes results of the authentication routine;
- generate a fraud risk assessment of the consumer interaction based upon the authentication response;
- transmit the authorization request message to an authorizing party, the authorization request message including the fraud risk assessment;
- and
- receive an authorization response from the authorizing party.
One or more non-transitory computer-readable storage media having computer-executable instructions embodied thereon, wherein when executed by at least one processor, the computer-executable instructions cause the processor to:
- electronically capture interaction data from a consumer interaction, the interaction data including interaction data attributes;
- prior to transmitting an authorization request message, transmit an authentication request message associated with the consumer interaction to an authenticator computing device, wherein the authentication request message includes at least some of the interaction data attributes, and wherein the authentication request message is separate from the authorization request message;
- receive an authentication response to the authentication request message that includes results of the authentication routine;
- generate a fraud risk assessment based upon the authentication response;
- transmit authorization request message to an authorizing party, the authorization request message including the fraud risk assessment;
- and
- receive an authorization response from the authorizing party.
Dependencies are inferred from the claim text.