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Method and system for magnetic stripe card transaction safety lock of rural financial institution

A financial institution and security lock technology, applied in the computer field, can solve the problems of weak financial security awareness, insufficient consideration of cardholders' subjective financial security awareness, financial fraud, etc., so as to reduce property losses and improve risk awareness.

Pending Publication Date: 2020-07-28
FUJIAN RURAL CREDIT UNION
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

When the magnetic stripe card information is correct, transactions based on the above technical background can still be completed normally, which does not fully consider the cardholder's own subjective financial security awareness, especially rural financial institutions mainly serve farmers, and this part of the group has financial security awareness Weak, vulnerable to the risk of financial fraud

Method used

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  • Method and system for magnetic stripe card transaction safety lock of rural financial institution
  • Method and system for magnetic stripe card transaction safety lock of rural financial institution
  • Method and system for magnetic stripe card transaction safety lock of rural financial institution

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0065] This embodiment provides a method, such as figure 1 Shown, comprise; A kind of method for the magnetic stripe card transaction security lock of rural financial institutions, comprising:

[0066] Step 1, setting the security lock of bank card magnetic stripe transaction and the risk early warning model of bank card magnetic stripe transaction, described bank card magnetic stripe transaction risk early warning model is further specifically: F=a*b*c*d, wherein F is risk Early warning value, a is the weighted risk factor of the trading location, b is the weighted risk factor of the trading time, c is the weighted risk factor of the transaction amount, and d is the weighted risk factor of the transaction frequency;

[0067] Step 2. Obtain transaction information. The transaction information includes: transaction time, transaction location, transaction amount, and transaction frequency of the day. Obtain the corresponding weighted risk factors according to the transaction tim...

Embodiment 2

[0082] In this embodiment a system is provided, such as figure 2 As shown, including: In the second aspect, the present invention provides a system for a magnetic stripe card transaction safety lock of a rural financial institution, including:

[0083] Setting module, setting the security lock of bank card magnetic stripe transaction and bank card magnetic stripe transaction risk early warning model, described bank card magnetic stripe transaction risk early warning model is further specifically: F=a*b*c*d, wherein F is risk Early warning value, a is the weighted risk factor of the trading location, b is the weighted risk factor of the trading time, c is the weighted risk factor of the transaction amount, and d is the weighted risk factor of the transaction frequency;

[0084] Obtain the calculation module to obtain transaction information, the transaction information includes: transaction time, transaction location, transaction amount and transaction frequency of the day, an...

Embodiment 3

[0099] (1) Multi-dimensional security lock configuration management for bank card magnetic stripe transactions

[0100] According to the "Notice on Strengthening the Security Management of Bank Card Magnetic Stripe Transactions" (Yinbanfa [2017] No. 120), transaction security locks are used to enhance the fineness of risk prevention and control, mainly through bank branch counters, online banking, mobile banking, telephone Banks and other channels provide bank card transaction security lock services, guide cardholders to self-set parameters such as transaction type, channel, region, time period, and amount, limit magnetic stripe transaction scenarios as needed, and improve the degree of refinement of risk prevention and control. At present, the transaction security lock is configured based on the above parameters, such as image 3 shown. Carry out all-round security control from before, during, and after magnetic stripe transactions. Before the transaction, for the transacti...

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Abstract

The invention provides a method and system for a magnetic stripe card transaction safety lock of a rural financial institution. The method comprises the steps: setting the safety lock of bank card magnetic stripe transaction and a bank card magnetic stripe transaction risk early warning model; acquiring transaction information, and calculating a risk early warning value through a bank card magnetic stripe transaction risk early warning model; verifying the transaction information and a safety lock, and if the verification of the safety lock is passed and the risk early warning value is smallerthan a set early warning value, performing a transaction; and if not, sending an early warning to the card holder, and after the card holder confirms the early warning, carrying out transaction to provide a transaction security lock service for the card holder so as to further improve financial security awareness and transaction security of the card holder.

Description

technical field [0001] The invention relates to the field of computer technology, in particular to a method and system for a magnetic stripe card transaction safety lock of a rural financial institution. Background technique [0002] In order to strengthen the standardized use of bank card acceptance terminals, strengthen the risk management of bank card magnetic stripe transactions, effectively improve the level of payment security protection, and effectively protect the property safety and legitimate rights and interests of the people, the People's Bank of China has proposed the security management of bank card magnetic stripe transactions. Relevant regulations, including the transformation and upgrading of non-standard bank card acceptance terminals that do not support chip acceptance and related transaction risk management. Simple magnetic stripe cards have gradually begun to fade out of the market due to their defects such as easy wear, interference, and skimming. Even...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/34G06Q20/40G06Q20/42G06Q40/02
CPCG06Q20/34G06Q20/4016G06Q20/42G06Q40/02
Inventor 陈兆雁陈琪江钦楚章宇峰马胜蓝王桐森
Owner FUJIAN RURAL CREDIT UNION
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