ALEXANDRIA, Va., Sept. 24 -- United States Patent no. 12,743,697, issued on Sept. 22, was assigned to MasterCard International Inc. (Purchase, N.Y.).
"Implementing fraud controls on a hybrid network" was invented by Peter Groarke (Dublin), Ionut Nistor (Dublin) and Ahmed Hosny (Dublin).
According to the abstract* released by the U.S. Patent & Trademark Office: "A computer implemented method of assessing the probability of fraudulent activity in an account to account payment is provided. The method comprises determining, based on previous credit balance settlement transactions between a first account and a card settlement account, that a first set of payment credentials is associated with the first account. It is determined that a second s...