ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,548, issued on June 17, was assigned to CAPITAL ONE SERVICES LLC (McLean, Va.).

"Systems and methods for fraud detection and prevention" was invented by Joshua Edwards (Philadelphia), Abdelkader Benkreira (Washington) and Michael Mossoba (Arlington, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for fraud detection and prevention is disclosed. The system may receive a transaction request for a first customer including a transaction location, transaction time stamp, and merchant type code. The system may determine whether the transaction location is expected for the first customer. When the transaction location is unexpected, ...