US Patent Issued to Stripe on Nov. 3 for "Systems and methods for privacy preserving fraud detection during electronic transactions" (Washington, California Inventors)

ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,055, issued on Nov. 3, was assigned to Stripe LLC (South San Francisco, Calif.).

"Systems and methods for privacy preserving fraud detection during electronic transactions" was invented by Ryan Drapeau (Seattle), Feiyi Ouyang (Seattle) and Mathieu Hofman (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and apparatus for performing privacy preserving fraud detection in network based transactions are described. The method may include receiving a fraud detection message during a transaction between a user system and a merchant system, the message having a set of cryptographically transformed universal resource locator (URL) compone...