ALARM ACCESS OVERRIDE

A property alarm, such as home alarm or car alarm, is analyzed for the nature of the alarm and when indicated causes access to one or more financial instruments to be limited or put on hold. Alarms for equipment failure may be ignored while alarms for an intrusion may trigger limiting access to the...

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Bibliographic Details
Main Authors Chandoor, Madhuri, Bansal, Parveen, Girish, Aparna Krishnan
Format Patent
LanguageEnglish
Published 21.06.2018
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Summary:A property alarm, such as home alarm or car alarm, is analyzed for the nature of the alarm and when indicated causes access to one or more financial instruments to be limited or put on hold. Alarms for equipment failure may be ignored while alarms for an intrusion may trigger limiting access to the financial accounts. In some cases, a cap may be placed on transactions, risk rules for approving transactions may be increased, or a complete hold may be placed on some or all of the financial instruments.
Bibliography:Application Number: US201615380397