Method and system for providing risk information in connection with transaction processing

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 9785944
APP PUB NO 20110066551A1
SERIAL NO

12868627

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Abstract

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A system for providing real-time risk mitigation for an authorization system. The system receives authorization requests from multiple merchants (or their respective acquirers) and processes such requests. Each processed request is then forwarded to its corresponding issuer for further authorization. Each processed request includes an authorization message. The authorization message can include a risk score, a number of reason codes, and a number of condition codes. The use of the risk score, reason codes and condition codes allows issuers to make better informed decisions with respect to providing authorizations.

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Patent Owner(s)

Patent OwnerAddress
VISA U S A INCPO BOX 8999 SAN FRANCISCO CALIFORNIA 94128-8999 UNITED STATES OF AMERICA

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bruesewitz, Belva J Danville, US 7 2000
Faith, Patrick Pleasanton, US 198 15701
Hilgers, Nancy Danville, US 15 803
Koganti, Kris Cupertino, US 11 697
Li, Xiaoli Cupertino, US 37 618
O'Connell, Craig San Mateo, US 41 1030
Siegel, Kevin Milpitas, US 21 2696

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