{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-10504093","patent":{"patent_number":"US-10504093","title":"Fraud protection based on presence indication","assignee":null,"inventors":[],"filing_date":"2016-12-29T00:00:00.000Z","publication_date":"2019-12-10T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q"],"num_claims":24,"abstract":"Introduced here is a technology that enables fraud detection and protection in financial transactions using a communication signal identification mechanism. The technology eliminates the uncertainties as to the authenticity of a payment card and/or a customer involved in a transaction. In at least some embodiments, methods and systems are disclosed for facilitating communication with one or more personal computing devices physically present at a merchant's POS device to establish customer presence and/or card presence. The personal computing devices can include a smartphone, a wearable electronic device, or any electronic device capable of communication with other devices. The personal computing devices can also include a payment card in the form of a smartcard with embedded BLE or any other smart chip (e.g., GPS, Wi-Fi, 4G, etc.). In some embodiments, methods and systems are disclosed for applying context-based restrictions on the payment card to assist in protection against fraud."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Fraud protection based on presence indication","description":"Introduced here is a technology that enables fraud detection and protection in financial transactions using a communication signal identification mechanism. The technology eliminates the uncertainties","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-10504093","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-10504093","citation_suggestion":"Patentable. \"Fraud protection based on presence indication\" (US-10504093). https://patentable.app/patents/US-10504093","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-10504093","json":"https://patentable.app/api/llm-context/US-10504093","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T01:35:54.606Z"}