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 with a website associated with the merchant, the interaction data including interaction data attributes associated with a consumer computing device used by the consumer to interact with the merchant website;
- transmitting an authentication request message associated with the consumer interaction with the merchant website to an authenticator computing device, wherein the authentication request message includes at least some of the interaction data attributes, and wherein the authenticator computing device is configured to perform an authentication routine for authenticating the consumer based upon the at least some interaction data attributes;
- receiving, by the merchant computing device, an authentication response to the authentication request message that includes results of the authentication routine;
- generating a fraud risk assessment of the interaction of the consumer with the merchant website based upon the authentication response;
- transmitting an authorization request message to an authorizing party for authorizing further interactions between the consumer and the merchant, the authorization request message including the fraud risk assessment and one or more reason codes associated with the fraud risk assessment;
- and
- receiving an authorization response from the authorizing party regarding the further interactions between the consumer and the merchant.
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 with a website associated with the sender, the interaction data including interaction data attributes associated with a consumer computing device used by the consumer to interact with a merchant website;
- transmit an authentication request message associated with the consumer interaction with the merchant website to an authenticator computing device, wherein the authentication request message includes at least some of the interaction data attributes, and wherein the authenticator computing device is configured to perform an authentication routine for authenticating the consumer based upon the at least some interaction data attributes;
- receive an authentication response to the authentication request message that includes results of the authentication routine;
- generate a fraud risk assessment of the interaction of the consumer with the merchant website based upon the authentication response;
- transmit an authorization request message to an authorizing party for authorizing further interactions between the consumer and the merchant website, the authorization request message including the fraud risk assessment and one or more reason codes associated with the fraud risk assessment;
- and
- receive an authorization response from the authorizing party regarding the further interactions between the consumer and the merchant.
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 with a website associated with the merchant, the interaction data including interaction data attributes associated with a consumer computing device used by the consumer to interact with the merchant website;
- transmit an authentication request message associated with the consumer interaction with the merchant website to an authenticator computing device, wherein the authentication request message includes at least some of the interaction data attributes, and wherein the authenticator computing device is configured to perform an authentication routine for authenticating the consumer based upon the at least some interaction data attributes;
- receive an authentication response to the authentication request message that includes results of the authentication routine;
- generate a fraud risk assessment of the interaction of the consumer with the merchant website based upon the authentication response;
- transmit an authorization request message to an authorizing party for authorizing further interactions between the consumer and the merchant, the authorization request message including the fraud risk assessment and one or more reason codes associated with the fraud risk assessment;
- and
- receive an authorization response from the authorizing party regarding the further interactions between the consumer and the merchant.
Dependencies are inferred from the claim text.