A fraudulent business transaction application (FBTA) is provided for monitoring application based fraud. When a consumer supplies account access information in order to carry out an Internet business transaction, the FBTA uses an online fraud mitigation engine to detect phishing intrusions and identity theft. Methods are also provided for calculating travel velocity and transaction frequency, which are useful for determining a fraudulent transaction.

Title
Fraud risk advisor
Application Number
EP20050794957 20050919
Publication Number
1810235 (A2)
Application Date
September 19, 2005
Publication Date
July 25, 2007
Inventor
Maicon Dennis
US
Helsper David
US
Assignee
Digital Envoy
US
IPC
G06Q 30/00
G06Q 30/00
View Original Source Download PDF