System and method for location-based fraud prevention
AssigneeWalmart Apollo, LLC
InventorsEytan Daniyalzade, Berk Atikoglu, David Nelms
Life of this patent
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Abstract
Various embodiments can include a system for the prevention of fraud. The system can comprise one or more processors and one or more non-transitory memory storage devices storing computing instructions. The computing instructions can be configured to run on the one or more processors and can perform: receiving an indication from a software application on a mobile device of a user that the mobile device has broken a first geofence; calculating a risk score for a first user account of the user; and prompting the user for additional information via the mobile device when the risk score is below a predetermined value. Other embodiments are disclosed herein.
Claims20
A system for the prevention of fraud comprising:
- one or more processors;
- and
- one or more non-transitory memory storage devices storing computing instructions configured to run on the one or more processors and perform:
- querying, via a software application installed on a mobile device of a user, a location of the mobile device determined by one or more of a global positioning system, a Wi-Fi positioning system, a radio frequency identification system, a near field communication system, a Bluetooth beacon system, an ultra-wide band positioning system, or an infrared positioning system;
- when the location of the mobile device is within a first geofence, receiving an indication from the software application that the mobile device has entered the first geofence;
- in response to receiving the indication that the mobile device has entered the first geofence, calculating a risk score for a first user account of the user, the risk score comprising an account details history of the first user account and a stolen account history of the first user account, wherein:
- the account details history of the first user account indicates that one or more details of an account profile of the first user account were recently changed;
- and
- the stolen account history of the first user account indicates that the first user account has been stolen in the past;
- when the risk score is below a predetermined value, activating the software application and causing the software application to display a GUI on the mobile device of the user to prompt the user for additional information via the mobile device;
- and
- in response to receiving the additional information, allowing the user to use the software application to complete a purchase within the first geofence.
A method for the prevention of fraud comprising:
- querying, via a software application installed on a mobile device of a user, a location of the mobile device determined by one or more of a global positioning system, a Wi-Fi positioning system, a radio frequency identification system, a near field communication system, a Bluetooth beacon system, an ultra-wide band positioning system, or an infrared positioning system;
- when the location of the mobile device is within a first geofence, receiving an indication from the software application that the mobile device has entered the first geofence;
- in response to receiving the indication that the mobile device has entered the first geofence, calculating a risk score for a first user account of the user, the risk score comprising an account details history of the first user account and a stolen account history of the first user account, wherein:
- the account details history of the first user account indicates that one or more details of an account profile of the first user account were recently changed;
- and
- the stolen account history of the first user account indicates that the first user account has been stolen in a past;
- when the risk score is below a predetermined value, activating the software application and causing the software application to display a GUI on the mobile device of the user to prompt the user for additional information via the mobile device;
- and
- in response to receiving the additional information, allowing the user to use the software application to complete a purchase within the first geofence.
Dependencies are inferred from the claim text.