Invention Grant
- Patent Title: Systems and method for screening payment transactions
- Patent Title (中): 支付交易的系统和方法
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Application No.: US13051993Application Date: 2011-03-18
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Publication No.: US08170953B1Publication Date: 2012-05-01
- Inventor: John Tullis , Mark Norris , Vishwanath Shastry , Kate J. Kennedy , Justin Mason Chace , Susan French
- Applicant: John Tullis , Mark Norris , Vishwanath Shastry , Kate J. Kennedy , Justin Mason Chace , Susan French
- Applicant Address: US CA San Francisco
- Assignee: Visa International Service Association
- Current Assignee: Visa International Service Association
- Current Assignee Address: US CA San Francisco
- Agency: Kilpatrick Townsend & Stockton LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Methods and systems for anti money laundering screening are provided. The method includes determining a risk score and a first validation code associated with the risk score, based on information related to a funds transfer transaction and independently calculating a second validation code and comparing with the first validation code. The method further includes including the risk score and the validation score in a payment authorization message. The receiving financial entity accepts or denies the incoming funds transfer based on the risk score included in the payment authorization message.
Information query