US Patent Issued to NCR Atleos on Oct. 20 for "Cooperative fraud-detection processing" (Georgia Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,148, issued on Oct. 20, was assigned to NCR Atleos Corp. (Atlanta).

"Cooperative fraud-detection processing" was invented by Patrick Goode Watson (Johns Creek, Ga.), David Charles Means (Woodstock, Ga.) and Nir Veltman (Johns Creek, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A portion of information is cryptographically hashed to obtain a hash value. The hash value is submitted as a search to shared cryptographic cooperatively shared transaction data structure and results are obtained for previous transactions associated with the information. A decision is made as to whether a pending transaction for the information is to be submitted to a h...