System method and apparatus for preventing fraudulent transactions
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Dec 16, 2004
app pub date -
May 23, 2003
filing date -
May 24, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The present invention is directed to an improved security system, method and apparatus for reducing recurring fraudulent activity from a particular location. The present invention uses a non-intrusive process that registers and uniquely identifies each location using a digital fingerprint. When fraudulent use is encountered, the associated location is flagged in a database and the associated location is prevented from completing the transaction.
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