ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,150, issued on Oct. 20, was assigned to MasterCard International Inc. (Purchase, N.Y.).
"Method and system for fraud prevention" was invented by Sachin Kumar Singh (Pune, India), Kaushal Shetty (O'Fallon, Mo.) and Mayank Joshi (Pune, India).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method for facilitating fraud prevention is provided. The method includes detecting registration of access control parameters on a user device of a user. Further, a risk score associated with the user device is obtained based on user device features upon the detection of the registration of access control parameters. Payment activities are restricted on the user dev...