Invention Grant
- Patent Title: Edge-computing-based architectures for multi-layered fraud mitigation
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Application No.: US16459816Application Date: 2019-07-02
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Publication No.: US11196763B2Publication Date: 2021-12-07
- Inventor: Christopher L. Rice
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Weiss & Arons LLP
- Agent Michael A. Springs, Esq.
- Main IPC: H04L29/06
- IPC: H04L29/06 ; G06F16/23 ; G06Q20/40

Abstract:
Aspects of the disclosure relate to edge-computing (“EC”)-based systems and methods for fraud mitigation. The systems and methods may utilize a multi-layer architecture. The architecture may include a set of N gatekeeper units, and each gatekeeper unit may be associated with an EC device. When a transaction request is received, the request may be processed at a first gatekeeper unit, and, if validated, successively processed by the set of N gatekeeper units. If any gatekeeper unit flags the request as suspicious, the unit may emit an audible alert that may be sensed by the associated EC device. The EC device may transmit a signal to one or more of the other gatekeeper units to perform additional processing for the request. When the request reaches the Nth gatekeeper unit and achieves validation, the transaction may be executed via a central server connected to a transaction network.
Public/Granted literature
- US20210006588A1 EDGE-COMPUTING-BASED ARCHITECTURES FOR MULTI-LAYERED FRAUD MITIGATION Public/Granted day:2021-01-07
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