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US 2014/0279309 A1Published application
Transaction-history driven counterfeit fraud risk management solution
AssigneeMastercard International Incorporated
InventorsMichael J. Cowen, James Noe, Mark Lulic
Life of this patent
Estimating the term…
Abstract
Transaction data is gathered for a plurality of successful payment device transactions in a first environment. The transaction data is filtered to identify successful payment device transactions associated with payment devices for which offline authentication is not supported, to obtain a whitelist. The whitelist is made available to at least one of (1) a merchant in a second, different environment, and (2) a third party acting on behalf of such a merchant.
Claims24
A method comprising the steps of:
- gathering transaction data for a plurality of successful payment device transactions in a first environment;
- filtering said transaction data to identify successful payment device transactions associated with payment devices for which offline authentication is not supported, to obtain a whitelist;
- and
- making said whitelist available to at least one of a merchant in a second, different environment, and a third party acting on behalf of said merchant.
1 more element
A method comprising the steps of:
- gathering transaction data for a plurality of successful payment device transactions;
- filtering said transaction data to identify successful payment device transactions associated with payment devices for which offline authentication is not supported, to obtain a whitelist;
- making said whitelist available to at least one of a merchant and a third party acting on behalf of said merchant;
- and
- said at least one of said merchant and said third party acting on behalf of said merchant inferring authentication of at least one of said payment devices for which offline authentication is not supported, based on presence in said whitelist.
2 more elements
An apparatus comprising:
- means for gathering transaction data for a plurality of successful payment device transactions in a first environment;
- means for filtering said transaction data to identify successful payment device transactions associated with payment devices for which offline authentication is not supported, to obtain a whitelist;
- and
- means for making said whitelist available to at least one of a merchant in a second, different environment, and a third party acting on behalf of said merchant.
1 more element
An apparatus comprising:
- a memory;
- at least one processor operatively coupled to said memory;
- and
- a persistent storage device operatively coupled to said memory and storing in a non-transitory manner instructions which when loaded into said memory cause said at least one processor to be operative to:
- gather transaction data for a plurality of successful payment device transactions in a first environment;
- filter said transaction data to identify successful payment device transactions associated with payment devices for which offline authentication is not supported, to obtain a whitelist;
- and
- make said whitelist available to at least one of a merchant in a second, different environment, and a third party acting on behalf of said merchant.
5 more elements
A method comprising the steps of:
- at at least one computer processor operated by or on behalf of a merchant, obtaining access to a whitelist comprising a list of payment devices for which offline authentication is not supported, and for which successful payment device transactions have previously been carried out;
- and
- at said least one computer processor operated by or on behalf of said merchant, inferring authentication of at least one of said payment devices for which said offline authentication is not supported, based on presence in said whitelist.
A method comprising the steps of:
- at at least one computer processor operated by or on behalf of a merchant, obtaining access to a whitelist comprising a list of payment devices for which offline authentication is not supported, and for which successful payment device transactions have previously been carried out in an environment separate and distinct from an environment in which said merchant is located;
- and
- at said least one computer processor operated by or on behalf of said merchant, making a risk management decision for at least one of said payment devices for which said offline authentication is not supported, based, at least in part, on presence of said at least one payment device on said whitelist.
Dependencies are inferred from the claim text.