US 2014/0279503 A1Published application

Providing customer alerts based on geo-thresholds

AssigneeBank of America Corporation

InventorsPeter John Bertanzetti, Laura Corinne Bondesen, Matthew A. Calman, David M. Grigg

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Abstract

Embodiments of the invention provide unauthorized-transaction protection with user location verification. It is determined whether a geographic location associated with a transaction is geographically located within geo-thresholds associated with an authorized user and/or whether the geographic location associated with the transaction is geographically proximate to a geographic location associated with a mobile device that is associated with the authorized user. If neither the geographic location associated with the transaction is geographically located within the geo-thresholds nor the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device, an alert is sent to the authorized user and/or to a merchant associated with the transaction.

Claims24

Dependent claims

A system for protecting against an unauthorized transaction, comprising:

a computing device comprising a memory and at least one processor;
and
an unauthorized-transaction protection application stored in the memory, executable by the processor, and configured to:
establish geo-thresholds associated with an authorized user;
receive a set of information associated with a transaction associated with the authorized user and with a merchant, wherein the set of information associated with the transaction comprises an identification of a geographic location associated with the transaction;
receive a set of geographic location information associated with a mobile device, wherein the mobile device is associated with the authorized user associated with the transaction;
determine whether the geographic location associated with the transaction is geographically located within the geo-thresholds and/or whether the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device;
and
if neither the geographic location associated with the transaction is geographically located within the geo-thresholds nor the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device, send an alert to the authorized user and/or to the merchant.

6 more elements

A method for protecting against an unauthorized transaction, comprising:

establishing geo-thresholds associated with an authorized user;
receiving a set of information associated with a transaction associated with the authorized user and with a merchant, wherein the set of information associated with the transaction comprises an identification of a geographic location associated with the transaction;
receiving a set of geographic location information associated with a mobile device, wherein the mobile device is associated with the authorized user associated with the transaction;
determining, via a computer processor, whether the geographic location associated with the transaction is geographically located within the geo-thresholds and/or whether the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device;
and
if neither the geographic location associated with the transaction is geographically located within the geo-thresholds nor the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device, sending an alert to the authorized user and/or to the merchant.

3 more elements

A computer program product, comprising:

a non-transitory computer-readable storage medium comprising codes for causing a computer processor to be configured to:
establish geo-thresholds associated with an authorized user;
receive a set of information associated with a transaction associated with the authorized user and with a merchant, wherein the set of information associated with the transaction comprises an identification of a geographic location associated with the transaction;
receive a set of geographic location information associated with a mobile device, wherein the mobile device is associated with the authorized user associated with the transaction;
determine whether the geographic location associated with the transaction is geographically located within the geo-thresholds and/or whether the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device;
and
if neither the geographic location associated with the transaction is geographically located within the geo-thresholds nor the geographic location associated with the transaction is geographically proximate to the geographic location associated with the mobile device, send an alert to the authorized user and/or to the merchant.

4 more elements

Dependencies are inferred from the claim text.