System and method for providing database security measures

Abstract

A trigger card and system for preventing credit and debit card fraud is disclosed. The trigger card is adapted to be indistinguishable from typical credit cards and other cards issued by financial institutions. The system is adapted to receive signals when a standard card reader reads the trigger card. The system is further adapted to initiate an automated procedure to reduce fraud upon receipt of the signal indicating that the trigger card has been read by the card reader.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS [0001] This application is a continuation-in-part (CIP) of U.S. patent application Ser. No. 10 / 913,636, filed on 6 Aug. 2004, titled “APPARATUS AND METHOD FOR PREVENTING CREDIT CARD FRAUD,” and this application claims priority to International Application No. PCT / US2005 / 027708, filed 5 Aug. 2005, titled “APPARATUS AND METHOD FOR PREVENTING CREDIT CARD FRAUD,” both of which are incorporated herein by reference as if fully set forth herein.BACKGROUND [0002] 1. Field of the Invention [0003] The present invention relates generally to the prevention of credit card fraud and more particularly, to a system and method for providing database security measures. [0004] 2. Description of Related Art [0005] It is well known that credit card fraud is a major problem in the credit card industry. Such fraud is achieved in many ways, one method being the theft of a cardholder's wallet or purse and the subsequent unauthorized usage of the credit cards and debit...

AI Technical Summary

Benefits of technology

"The present invention is a credit card fraud prevention system that provides an immediate and reliable notification of theft, fraud, or unauthorized use of a credit card. The system includes a trigger card that looks and feels like a regular credit card and is carried by a cardholder along with other cards. The trigger card triggers various systems, including cancellation of cards, notification to law-enforcement, and delivery of new cards to the cardholder at a pre-designated address. The system helps to reduce credit card fraud, increase arrest rate, and minimize losses to credit card issuers and retail entities."

Problems solved by technology

Although the trigger card looks and feels like a regular credit card, any attempted use of the trigger card immediately signals the theft, fraud, or unauthorized use of the card and sets a variety of systems into action.

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