Transaction security system having user defined security parameters
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United States of America Patent
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Issued Date -
May 3, 2007
app pub date -
Aug 11, 2006
filing date -
Aug 11, 2006
priority date (Note) -
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status (Latency Note)
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Abstract
A fraud-prevention system having user security parameters based on user instruction. A user specifies the security parameter for a transaction. The security parameter may include, but is not limited to a geographic location, a monetary value range, a transaction mode, an account access parameter, a class of goods, or a class of services. The fraud-prevention system acquires this security parameter information from the user and stores it in a user security parameter database. The fraud-prevention system uses these user security parameters to screen subsequent transactions.
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