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US Patent 12015924 Multi-MCC code bundle for use in increasing travel security

Patent 12015924 was granted and assigned to Bank of America on June, 2024 by the United States Patent and Trademark Office.

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Is a
Patent
Patent
0

Patent attributes

Patent Applicant
Bank of America
Bank of America
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Current Assignee
Bank of America
Bank of America
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
120159240
Patent Inventor Names
Brandon Sloane0
Nancy T. Carrier0
Date of Patent
June 18, 2024
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Patent Application Number
169405180
Date Filed
July 28, 2020
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Patent Citations
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US Patent 11151468 Behavior analysis using distributed representations of event data
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US Patent 10089630 Systems and methods to provide offers to travelers
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US Patent 11763336 Systems and methods for loyalty programs
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Patent Primary Examiner
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Shahriar Zarrineh
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CPC Code
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G06Q 10/067
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G06N 20/00
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H04W 12/60
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H04W 12/06
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G06N 5/04
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Patent abstract

A proxy-based method for improving digital security during a user's travel is provided. The method may include determining a bundle of merchant category classification (MCC) codes. This bundle preferably reflects a baseline travel condition. The baseline travel condition is associated with a user mobile device. The method may also include dynamically updating a characteristic associated with the bundle of MCC codes based on updated travel conditions. The method may also include determining an occurrence of an anomalous user mobile device activity. The determination may be based on a comparison of the updated characteristic associated with the bundle of MCC codes and the baseline travel conditions; and in response to a determination of anomalous user mobile device activity, increasing a security level associated with the mobile device associated with the user.

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