ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,655, issued on Dec. 30, was assigned to PAYPAL INC. (San Jose, Calif.).
"Cross-entity refund fraud mitigation" was invented by Adam Oest (Fountain Hills, Ariz.), Raoul Johnson (Scottsdale, Ariz.) and Muhammad Saad (Scottsdale, Ariz.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems are presented for cross-entity fraud mitigation. A refund request for a transaction between a first entity and a second entity is received via a network from a device of the first entity. A transaction history associated with an account of the first entity with a service provider is obtained. From the obtained transaction history, metadata relating to pre...