US Patent Issued to Blackhawk Network on March 25 for "Systems and methods for dynamically detecting and preventing consumer fraud" (California Inventors)

ALEXANDRIA, Va., March 26 -- United States Patent no. 12,260,412, issued on March 25, was assigned to Blackhawk Network Inc. (Pleasanton, Calif.).

"Systems and methods for dynamically detecting and preventing consumer fraud" was invented by Henry Ivey (Pleasanton, Calif.), Rajiv Venkataramana Appana (Fremont, Calif.), Patrick Ramsey (Pleasanton, Calif.) and Theodore Yeh (Pleasanton, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods discussed herein relate to a system for detecting and preventing fraudulent transactions through collecting requests for website access, stored-card trades and sales, and transactions using physical or electronically issued credit, debit, stored-value, and ...