US Patent Issued to Block on June 23 for "Using risk metrics to facilitate transactions" (Canadian, American, Chinese Inventors)

ALEXANDRIA, Va., July 15 -- United States Patent no. 12,664,554, issued on June 23, was assigned to Block Inc. (Oakland, Calif.).

"Using risk metrics to facilitate transactions" was invented by Mohsen Sardari (Burlingame, Calif.), Yi Li (Millbrae, Calif.), Kin Ho Lee (Toronto), Nic Kleene (San Francisco), Ankit Dutta (San Francisco), Pooja Choudhary (Redwood City, Calif.) and Yibo Chen (Shanghai).

According to the abstract* released by the U.S. Patent & Trademark Office: "Using risk metrics to facilitate transactions is described. A payment service computing platform may, in association with a request to initiate an interaction with a merchant, determine a user risk metric associated with a user of a payment service. The platform may dete...