Erika Elizabeth Gallo

US Patent:

20130282562, Oct 24, 2013

Filed:

Apr 23, 2012

Appl. No.:

13/453846

Inventors:

Erika Gallo - Middletown NJ, US
Rich Rezek - Zionsville IN, US

International Classification:

G06Q 20/38

US Classification:

705 39

Abstract:

In one aspect, a computing apparatus is configured to monitor purchase transactions in accordance with rules and patterns learned in response to exposure to information relating to prior fraudulent transactions. A Fraud Alert Service (FAS) monitors and identifies possible fraud transactions based on stored data and learned behavioral patterns. The FAS integrates various entities to minimize financial loss to the entities due to fraudulent transactions through data integration, early detection, and timely notifications.