Systems and methods for detecting fraud

a fraud detection and fraud technology, applied in the field of detection fraud, can solve the problems of significant revenue loss to federal and state government agencies, costly delays, and significant challenges for governmental entities

Inactive Publication Date: 2014-05-29
LEXISNEXIS RISK SOLUTIONS FL
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

Effectively detects fraudulent requests, reducing false positives and enabling efficient processing of legitimate payments or benefits by identifying potential fraud indicators and alerting for further authentication when necessary.

Problems solved by technology

Federal and state revenue departments in the United States face a number of problems associated with fraudulent requests for payments, benefits, and / or refunds.
The associated revenue loss to the federal and state government agency can be significant, and the process of verifying the legitimacy of the requester's identity can create costly delays.
Balancing the threats of identity fraud with efficient service for legitimate requests creates a significant challenge for governmental entities.

Method used

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  • Systems and methods for detecting fraud
  • Systems and methods for detecting fraud
  • Systems and methods for detecting fraud

Examples

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Embodiment Construction

[0019]Embodiments of the disclosed technology will be described more fully hereinafter with reference to the accompanying drawings, in which embodiments of the disclosed technology are shown. This disclosed technology may, however, be embodied in many different forms and should not be construed as limited to the embodiments set forth herein; rather, these embodiments are provided so that this disclosure will be thorough and complete, and will fully convey the scope of the disclosed technology to those skilled in the art.

[0020]In the following description, numerous specific details are set forth. However, it is to be understood that embodiments of the disclosed technology may be practiced without these specific details. In other instances, well-known methods, structures and techniques have not been shown in detail in order not to obscure an understanding of this description. The term “exemplary” herein is used synonymous with the term “example” and is not meant to indicate excellent ...

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PUM

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Abstract

Certain embodiments of the disclosed technology may include systems and methods for detecting fraud. According to an implementation of the disclosed technology, a method is provided that includes: receiving entity-supplied information including at least a name, a social security number, and a mailing address associated with a request for a payment or a benefit from a government agency; querying one or more public or private databases with the entity-supplied information; receiving a plurality of independent information in response to the querying; determining, based at least in part on a comparison of the entity-supplied information with at least a portion of the plurality of independent information, indicators of fraud; and outputting, for display, zero or more indicators of fraud.

Description

CROSS REFERENCE TO RELATED APPLICATIONS[0001]This application is a continuation of U.S. patent application Ser. No. 13 / 541,157, filed Jul. 3, 2012, and published as U.S. Patent Publication No. US20140012716, entitled “SYSTEMS AND METHODS FOR DETECTING TAX REFUND FRAUD,” the contents of which are hereby incorporated by reference in its entirety.FIELD[0002]The disclosed technology generally relates to detecting fraud, and in particular, to systems and methods for detecting fraud related to a request for a payment or a benefit from a government agency.BACKGROUND[0003]Federal and state revenue departments in the United States face a number of problems associated with fraudulent requests for payments, benefits, and / or refunds. Fraudsters can apply for payments, benefits, and / or refunds by misrepresenting their identity, by stealing and using identity information from another individual, or by using an identity of a deceased person. The associated revenue loss to the federal and state gov...

Claims

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Application Information

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Patent Type & AuthorityApplications(United States)
IPC IPC(8): G06Q50/26
CPCG06Q40/00G06Q50/265
InventorBUCHOLZ, ANDREW JOHNSTRAUB, SCOTT M.FAIDLEY, MONTYPRICHARD, JOHANNES PHILIPPUS DE VILLIERSSHAW, JESSE CBDO'MAHONY, DERMOTYESCHEK, DAVIDPAGANACCI, JENNIFERTHOROGOOD, MARLENELOIZZO, MARK
OwnerLEXISNEXIS RISK SOLUTIONS FL