US Patent Issued to STRIPE on April 7 for "Systems and methods for merchant level fraud detection based in part on event timing" (California Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,597,035, issued on April 7, was assigned to STRIPE LLC (South San Francisco, Calif.).

"Systems and methods for merchant level fraud detection based in part on event timing" was invented by Massoud Hosseinali (South San Francisco, Calif.), Florian Hartl (South San Francisco, Calif.), Efstathios Vafeias (South San Francisco, Calif.), Keagan Long (South San Francisco, Calif.), Stef Nelson-Lindall (South San Francisco, Calif.) and Dan Brown (South San Francisco, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and apparatus for detecting fraudulent merchant activities at a commerce platform system are described. The method may include accessin...