US 12,093,957 B1
Transaction validation and fraud mitigation
Pradeep R. Kumar, Bangalore (IN)
Assigned to Wells Fargo Bank, N.A., San Francisco, CA (US)
Filed by Wells Fargo Bank, N.A., San Francisco, CA (US)
Filed on Sep. 21, 2021, as Appl. No. 17/448,337.
Application 17/448,337 is a continuation of application No. 15/497,707, filed on Apr. 26, 2017, granted, now 11,157,907.
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/40 (2012.01); B64C 39/02 (2023.01); B64U 101/30 (2023.01); G01S 19/13 (2010.01); G06Q 20/20 (2012.01)
CPC G06Q 20/40145 (2013.01) [B64C 39/024 (2013.01); G01S 19/13 (2013.01); G06Q 20/206 (2013.01); B64U 2101/30 (2023.01)] 20 Claims
OG exemplary drawing
 
1. A transaction management system comprising:
a transaction validation initiator component configured to identify a location of an account owner and a location of a transaction, wherein a customer is present at the location of the transaction, and wherein the transaction validation initiator component is configured to identify the location of the transaction by fetching the location of the transaction from a device that reads a physical card employed by the customer;
an identity access management component configured to:
compare the location of the account owner and the location of the transaction to a threshold;
determine whether a result of comparing the location of the account owner and the location of the transaction satisfies the threshold;
an identity verification component configured to:
in response to determining the result of comparing the location of the account owner and the location of the transaction does not satisfy the threshold:
dispatch a drone capable of capturing biometric data to the location of the transaction;
biometrically identify the customer based on biometric data associated with the customer captured by the drone;
determine, based on the biometric identification, whether the customer is the account owner or an authorized entity associated with the account owner; and
in response to determining whether the customer is the account owner or the authorized entity, approve or deny the transaction, wherein approving the transaction comprises enforcing an intentional delay in completion of the transaction, and wherein the intentional delay in the completion of the transaction is configured to provide time for one or more authorities to investigate the customer.