System and method for detecting high credit risk customers

Data processing: financial – business practice – management – or co – Business processing using cryptography – Usage protection of distributed data files

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C713S186000, C713S184000

Reexamination Certificate

active

06931380

ABSTRACT:
A system detects subscription fraud in connection with any consumer related service which requires continuous access and payment over time. According to one aspect, a method performed by the system includes determining a subscription fraudster or someone whom has not fulfilled previous payment obligations for access to service, at or soon after the point of service application, by comparing at least one biometric value against those on file which are associated with past payment default. The method further includes utilizing non-threshold and non-market characteristic profile information which is not part of the data captured on the service order application for identifying an individual who has defrauded or defaulted on previous subscriptions for consumer services, viewing, storing, forwarding, and comparing biometric and non-application subscriber profile data which is not based on thresholds, transactions, nor market characteristics across many points of service activation, billing, and management, and combining and sharing biometric and user profile data across multiple service providers to restrict access to services at the time or shortly after application processing.

REFERENCES:
patent: 5229764 (1993-07-01), Matchett et al.
patent: 5335278 (1994-08-01), Matchett et al.
patent: 5386104 (1995-01-01), Sime
patent: 5420908 (1995-05-01), Hodges et al.
patent: 5555551 (1996-09-01), Rudokas et al.
patent: 5602906 (1997-02-01), Phelps
patent: 5627886 (1997-05-01), Bowman
patent: 5802198 (1998-09-01), Beavers et al.
patent: 5872834 (1999-02-01), Teitelbaum
patent: 5907803 (1999-05-01), Nguyen
patent: 5937162 (1999-08-01), Funk et al.
patent: 5991735 (1999-11-01), Gerace
patent: 6092192 (2000-07-01), Kanevsky et al.
patent: 6104922 (2000-08-01), Baumann
patent: 6105010 (2000-08-01), Musgrave
patent: 6154727 (2000-11-01), Karp et al.
patent: 6195568 (2001-02-01), Irvin
patent: 6269348 (2001-07-01), Pare, Jr. et al.
patent: 6314439 (2001-11-01), Bates et al.
patent: 020001283223 (2001-10-01), None

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

System and method for detecting high credit risk customers does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for detecting high credit risk customers, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for detecting high credit risk customers will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-3442904

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.