Invention Grant
- Patent Title: System and method for fraud detection in a mobile device
-
Application No.: US14962365Application Date: 2015-12-08
-
Publication No.: US10607226B2Publication Date: 2020-03-31
- Inventor: Kunal M. Patel , Abraham J. Kang , Bulent Kasman , Peng Ning , Michael C. Grace
- Applicant: Samsung Electronics Co., Ltd.
- Applicant Address: KR Suwon-si
- Assignee: Samsung Electronics Co., Ltd.
- Current Assignee: Samsung Electronics Co., Ltd.
- Current Assignee Address: KR Suwon-si
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q20/40 ; G06Q20/32

Abstract:
A user device comprising: i) transmit path circuitry and receive path circuitry configured to communicate with a payment server; and ii) processing circuitry configured to control the transmit path circuitry and receive path circuitry. The processing circuitry is further configured to: a) receive a user input related to a payment process; b) calculate a risk score indicative of a likelihood of fraudulent activity associated with the payment process, wherein the risk score calculation is based on confidential information associated with the user that is stored on the user device; and c) transmit to the payment server a payment action and the risk score associated with the payment action without disclosing the confidential information. The confidential information comprises personally identifiable information and/or private information of the user. The processing circuitry calculates the risk score using a risk base model received from a model server.
Public/Granted literature
- US10540658B2 System and method for fraud detection in a mobile device Public/Granted day:2020-01-21
Information query