Risk-link authentication for optimizing decisions of multi-factor authentications

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United States of America Patent

PATENT NO 10210518
APP PUB NO 20170300911A1
SERIAL NO

15098293

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Abstract

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A system for evaluating risk in an electronic banking transaction by estimating an aggregated risk value from a set of risk factors that are either dependent or independent of each other, comprising: user input means for enabling an end user to provide authentication information related to a desired electronic banking transaction; financial institution authentication means for authenticating that an end user is authorized to conduct the desired electronic transaction; risk computation means for imposing authentication requirements upon the end user in adaptation to a risk value of the desired banking electronic banking transaction; transaction session means for tracking an amount of time that the desired electronic banking transaction is taking; and financial institution transaction means for storing data related to the desired electronic banking transaction.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Alnajem, Abdullah Abdulaziz I Jeddah, SA 1 113

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