FRAUD DETECTION SYSTEM, METHOD, AND DEVICE

The present invention provides a method of authenticating a transaction, the method having: responsive to receiving a request for authenticating a transaction involving a first device and including first device information defining at least one first device characteristic of the first device, obtain...

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1. Verfasser: DUTT DEEPAK CHANDRA
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The present invention provides a method of authenticating a transaction, the method having: responsive to receiving a request for authenticating a transaction involving a first device and including first device information defining at least one first device characteristic of the first device, obtaining second device information defining at least one second device characteristic of a second device associated with the transaction; determining a level of correlation between the first device information and the second device information; and authenticating the transaction based on the level of correlation between the first device information and the second device information, wherein the transaction is authenticated when the level of correlation between the first device information and the second device information is above a pre-determined threshold.