Walmart Inc.
System and method for location-based fraud prevention

Last updated:

Abstract:

Various embodiments can include a system for the prevention of fraud. The system can comprise one or more processors and one or more non-transitory memory storage devices storing computing instructions. The computing instructions can be configured to run on the one or more processors and can perform: receiving an indication from a software application on a mobile device of a user that the mobile device has broken a first geofence; calculating a risk score for a first user account of the user; and prompting the user for additional information via the mobile device when the risk score is below a predetermined value. Other embodiments are disclosed herein.

Status:
Grant
Type:

Utility

Filling date:

29 Jan 2019

Issue date:

1 Feb 2022