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Patent drawing for Dynamic spatial and temporal system for authentication of electronic interactions between electronic devices
US 20,230,089,937 A1
Business & commerce US 20,230,089,937 A1 Expired

Dynamic spatial and temporal system for authentication of electronic interactions between electronic devices

This system aims to prevent unauthorized online transactions. It works by analyzing past fraudulent money transfers, noting where, when, and from what device they occurred, to identify patterns. Based on these patterns, it creates a virtual boundary, or geo-fence, and then applies stricter authentication rules for any transaction requests originating from within that specific area. A particular version of the system uses machine learning to predict future fraud and defines the geo-fence using a simple radius.

Why it matters: The sophistication and accessibility of machine learning models for real-time anomaly detection and predictive analytics have significantly advanced since 2021. This makes the dynamic pattern identification and predictive geo-fencing described in the claims more feasible and powerful today.

Status
ExpiredProtection ended and was never renewed
How hard to build
SpecializedHeavy software system, machine learning, data processing.

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