SYSTEM AND METHOD FOR AN AUTOMATED SYSTEM FOR CONTINUOUS OBSERVATION, AUDIT AND CONTROL OF USER ACTIVITIES AS THEY OCCUR WITHIN A MOBILE NETWORK

A system and method monitors for fraudulent transactions relating to a mobile device. Either of first and second processing nodes places a hold on a transaction associated with the first live-data flow and the second live-data flow responsive to detection of a potentially fraudulent condition. A thi...

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Hauptverfasser: RICHARDS PETER, RAMACHANDRAN HARIHARAN, RICHARDS CARISSA
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A system and method monitors for fraudulent transactions relating to a mobile device. Either of first and second processing nodes places a hold on a transaction associated with the first live-data flow and the second live-data flow responsive to detection of a potentially fraudulent condition. A third processing node generates an interactive verification communication responsive to the first data associated with the first live-data flow and the second data associated with the second live-data flow to establish a validity of the transaction. The third processing node releases the hold on the transaction responsive to the interactive verification communication determining the potentially fraudulent condition relates to a non-fraudulent transaction and generates a fraud detection response responsive to the interactive verification communication determining the potentially fraudulent condition relates to a fraudulent transaction before the transaction completes.