System and method for assessing a digital interaction with a digital third party account service

Patent metadata

Field	Value
Publication number	US-12026704-B2
Application number	US-202017125544-A
Country	US
Kind code	B2
Filing date	Dec 17, 2020
Priority date	Dec 17, 2019
Publication date	Jul 2, 2024
Grant date	Jul 2, 2024

Abstract

A system and method for assessing digital interactions with a digital third party accounts can include receiving user account credentials for authentication with an external computing system, storing the user account credentials in association with a authentication token and communicating the authentication token to a computing device of an external application service; receiving, through a programmatic communication interface, a request that references the authentication token and digital interaction details; programmatically authenticating, using the stored user account credentials, as a user account with the external computing system and retrieving account data; processing the account data in combination with the digital interaction details and thereby generating a digital interact assessment; and initiating execution of a digital interaction based in part on the digital interaction assessment.

First claim

We claim:

1. A method for securing digital transactions comprising:
at a processor of an operating computing platform, receiving user account credentials for authentication with an external computing system, storing the user account credentials in association with an authentication token and communicating the authentication token to a computing device of an external application service;
receiving, through a programmatic communication interface of the computing platform, a transaction initiation request that references the authentication token and digital transaction details, the digital transaction details comprising identification of a transaction recipient account and a transaction originator account;
instantiating a virtualized application instance emulating user interface access with the external computing system;
through the virtualized application instance, programmatically authenticating, using the stored user account credentials, a user account with the external computing system,
wherein programmatically authenticating comprises at least programmatically entering the user account credentials into a user interface input of the virtualized application instance;

retrieving account data through the virtualized application instance;
identifying related one or more other user accounts that are associated with the user account;
retrieving additional account data from the related one or more other user accounts;
processing the account data and the additional account data in combination with the digital transaction details, using at least the account data as feature input into a machine learning classifier model, and generating a digital transaction assessment;
augmenting, based on the digital transaction assessment, execution of a digital transaction, wherein the augmenting comprises at least one of:
determining whether or not to skip a first process involved in executing the digital transaction, or
configuring a second process that is an additional process involved in executing the digital transaction; and

permitting or prohibiting, based on the augmenting, a digital transaction from the transaction originator account to the transaction recipient account.

2. The method of claim 1 , further comprising receiving interaction feedback and updating the machine learning classifier model using data results indicated in the interaction feedback.

3. The method of claim 1 , wherein the digital transaction details reference transaction information; and wherein retrieving account data comprises retrieving user information, account balance, and transaction history.

4. The method of claim 1 , wherein retrieving account data comprises retrieving user information,
wherein the digital transaction details specify request-associated user information, and
wherein processing the account data comprises comparing the user information and the request-associated user information.

5. The method of claim 1 , further comprising:
initiating execution of the digital transaction based in part on the digital transaction assessment,
wherein the initiating comprises transmitting a response to the request.

6. The method of claim 1 , further comprising:
initiating execution of the digital transaction based in part on the digital transaction assessment,
wherein the initiating comprises triggering supplemental verification tasks for the user account based on the digital transaction assessment.

7. The method of claim 1 , wherein the user account is the transaction recipient account.

8. The method of claim 1 , wherein the user account is the transaction originator account.

9. The method of claim 1 , further comprising:
receiving second user account credentials for authentication with a second external computing system, storing the second user account credentials in association with a second authentication token and communicating the second authentication token to a second computing device of a second external application service,
wherein the request references the authentication token for indicating a transaction originator and additionally references the second authentication token as a transaction recipient;

instantiating a second virtualized application instance emulating user interface access with the second external computing system;
through the second virtualized application instance, programmatically authenticating, using the stored second user account credentials, as a second user account with the second external computing system; and
retrieving second user account data through the second virtualized application instance,
wherein processing the account data in combination with the digital transaction details is further processed in combination with the second user account data.

10. A non-transitory computer-readable medium storing instructions that, when executed by one or more computer processors of a computing platform, cause the computing platform to perform operations comprising:
receiving user account credentials for authentication with an external computing system, storing the user account credentials in association with an authentication token and communicating the authentication token to a computing device of an external application service;
receiving, through a programmatic communication interface of the computing platform, a transaction initiation request that references the authentication token and digital transaction details, the digital transaction details comprising identification of a transaction recipient account and a transaction originator account;
instantiating a virtualized application instance emulating user interface access with the external computing system;
through the virtualized application instance, programmatically authenticating, using the stored user account credentials, as a user account with the external computing system,
wherein programmatically authenticating comprises programmatically entering the user account credentials into a user interface input of the virtualized application instance;

retrieving account data through the virtualized application instance;
identifying related one or more other user accounts that are associated with the user account;
retrieving additional account data from the related one or more other user accounts;
processing the account data and the additional account data in combination with the digital transaction details, using at least the account data as feature input into a machine learning classifier model, and generating a digital transaction assessment;
augmenting, based on the digital transaction assessment, execution of a digital transaction, wherein the augmenting comprises at least one of:
determining whether or not to skip a first process involved in executing the digital transaction, or
configuring a second process that is an additional process involved in executing the digital transaction; and

initiating execution of a digital transaction based in part on the augmenting,
wherein the execution comprises permitting or prohibiting initiation of the digital transaction from the transaction originator account to the transaction recipient account based on the digital transaction assessment.

11. The non-transitory computer-readable medium of claim 10 , wherein retrieving account data comprises retrieving user information,
wherein the digital transaction details specified request-associated user information, and
wherein processing the account data comprises comparing the user information and the request-associated user information.

12. A system for securing digital transactions comprising:
one or more computer-readable mediums storing instructions that, when executed by one or mor

Assignees

• Plaid Inc

Inventors

• Morse Eric
• Johnson Max
• Gibbons Austin Lin
• Hu Kevin
• Naik Samir

Classifications

• G06N3/0499

  Feedforward networks · CPC title

• G06N3/09

  Supervised learning · CPC title

• G06N20/00

  Machine learning · CPC title

• G06Q20/4014

  Identity check for transactions · CPC title

• G06Q20/4016 Primary

  involving fraud or risk level assessment in transaction processing · CPC title