Dynamic network analytics system

Active Publication Date: 2013-06-06
VISA INT SERVICE ASSOC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0008]One embodiment of the invention is directed to a method comprising receiving, at a data analyzer module, a first data message including a query from a data requester. The method may further comprise determining a current risk level associated with the query, receiving risk data relevant to the query from one or more fixed risk data tables and one or more dynamic risk data tables, and receiving external data relevant to the query from a first external data source. The method may further comprise determining whether there is suffi

Problems solved by technology

Fraud is a potential risk for merchants and other entities that provide services or interact with consumers.
As consumers increasingly interact with merchant systems using portable computing devices (e.g., desktop computers, laptop computer, tablet computer, mobile phones, etc.) over networks, including the internet, the risks to merchants have also increased.
However, it may be difficult for a merchant to discern which interactions legitimate consumers are conducting

Method used

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Embodiment Construction

[0025]Prior to discussing embodiments of the invention, descriptions of some terms may be helpful in understanding embodiments of the invention.

[0026]The term “data analyzer module” may refer to a component for a risk evaluation system. In some embodiments, the data analyzer module electronically receives data messages from data requesters, and attempts to answer a query contained in the data message. In some embodiments, the data analyzer module may be able to make risk assessments regarding interactions and transactions by evaluating past transaction data and past interaction data. In order to answer the query contained in the data message, the data analyzer module may access fixed risk data tables and dynamic risk data tables, as well as query one or more of a plurality of external data sources.

[0027]The term “data message” may refer to a message sent as part of a process of determining the risk of an interaction with a merchant system. In some embodiments, the data message is an HT

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Abstract

Embodiments of the invention is directed to a dynamic network analytics system capable of receiving and analyzing queries sent in data messages from data requesters. The queries contain a request from the data requester as to a risk level associated with an interaction conducted by a user. The dynamic network analytics system can determine an optimized process for determining the risk level of the interaction, based on an analysis of past interactions by the user and past interactions by users similar to the user. The dynamic network analytics system can retrieve data from internal and external data sources to generate a response to the query. The dynamic network analytics system conducts the optimized process and uses the retrieved data to generate risk assessments and risk scores in response to the query from the data requester.

Description

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Claims

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Application Information

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Owner VISA INT SERVICE ASSOC
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