System and method for detecting fraudulent calls
View Patent ↗Systems and methods for evaluating transactions to determine if suspicious activities are possibly present. Various methods include providing a reference designator list with information associated with one or more suspicious activities. Using the reference designator list, a first and a second transaction systems are evaluated. Various systems include two or more transaction systems utilizing information from a fraud detection system.
1. A method for evaluating transactions for suspicious activity, the method comprising:
providing a reference designator list, wherein the reference designator list includes at least a subset of information available from a first transaction system that is associated with suspicious activity, wherein the first transaction system comprises a money transfer network, and wherein the suspicious activity is related to suspect persons performing money transfers;
evaluating a first money transfer transaction associated with the first transaction system using the reference designator list to detect suspicious activity, wherein the evaluating step comprises comparing transaction details associated with the first money transfer transaction with the reference designator list to determine any matching data;
if matching data is found, flagging the first transaction as potentially involving an attempt by a suspect person to perform a money transfer, and updating the reference designator list with the matching data to produce an updated reference designator list;
evaluating a second transaction associated with a second transaction system using the reference designator list to detect suspicious activity, wherein the second transaction system comprises a credit card network and wherein the evaluating step comprises comparing credit card transaction data from the second transaction with the updated reference designator list to determine any matching data; and
if any matching data from the updated reference designator list is found, flagging the second transaction as potentially involving an attempt by an unauthorized person to charge a credit card account.
2. The method of claim 1 , wherein the subset of information is a first subset of information, the method further comprising:
receiving a second subset of information from the second transaction system; and
incorporating the second subset of information into the reference designator list.
3. The method of claim 2 , the method further comprising:
receiving a third subset of information from the first transaction system; and
incorporating the third subset of information into the reference designator list.
4. The method of claim 2 , wherein the incorporating the second subset of information into the reference designator list comprises:
creating a new reference designator;
associating the second subset of information with the new reference designator; and
adding the new reference designator to the reference designator list.
5. The method of claim 3 , wherein the second subset of information comprises a telephone number.
6. The method of claim 3 , wherein the second subset of information comprises a credit card number.
7. The method of claim 3 , wherein the second subset of information comprises a name.
8. The method of claim 3 , wherein the second subset of information comprises an address.
9. The method of claim 1 , wherein the second transaction system is a system for analyzing authorization requests, and wherein the authorization request is received via a telephone call.
10. The method of claim 1 , wherein the second transaction system:
receives an authorization request at a receiving center, wherein the authorization request is associated with a request to charge a credit account;
determining an origin of the authorization request; and
comparing the origin of the authorization request with the information point in the reference designator list.
11. The method of claim 1 , wherein the first transaction system:
receives an authorization request at a receiving center, wherein the authorization request is associated with a request to charge a credit account;
determining an origin of the authorization request;
investigating the origin of the authorization request, wherein it is determined that the authorization request is suspicious; and
providing the origin of the authorization, wherein the origin of the authorization comprises at least a portion of the subset of information and is incorporated into the reference designator list.
12. The method of claim 11 , wherein the origin of the authorization request is a telephone number associated with a location from which the authorization request is initiated.