Variable risk engine

Abstract

The indention provides systems and methods for risk assessment using a variable risk engine. A method for risk assessment may comprise setting an amount of real-time risk analysis for an online transactions performing the amount of real-time risk analysis based on the set amount, and performing an amount of time-delayed risk analysis. In some embodiments, the amount of real-time risk analysis may depend on a predetermined period of time for completion of the real-time risk analysis. In other embodiments, the amount of real-time risk analysis may depend on selected tests to be completed during the real-time risk analysis.

1 - 20 . (canceled) 
     
     
         21 . A system for variable risk assessment for an online transaction, the system comprising:
 an institution server; and   a device in communication with the institution server,   wherein the institution server is configured to perform, with aid of a computer processor, a risk analysis of an online transaction with the device, and   wherein the institution server:   selects a plurality of tests associated with an online transaction conducted with the device;   performs a first set of tests during the first stage of the online transaction;   determines a presence of a transaction event for the online transaction, wherein the transaction event causes the first stage of the online transaction to complete; and   performs a second set of tests during the second stage, wherein the second set of tests is executed in parallel with at least a portion of the first set of tests during the second stage.   
     
     
         22 . The system of  claim 21 , wherein the first stage occurs during the online transaction while the second stage is after the online transaction has occurred. 
     
     
         23 . The system of  claim 21 , wherein the institution server further identifies a third stage associated with the online transaction where no tests are performed during the third stage. 
     
     
         24 . The system of  claim 23 , wherein the third stage occurs between the first stage and the second stage. 
     
     
         25 . The system of  claim 21 , wherein the transaction event is based on at least one of: the one or more characteristics of the online transaction, an action taken by a user of a device involved in the online transaction, or a decision event that occurred during the online transaction. 
     
     
         26 . The system of  claim 21 , wherein duration of the first stage of the online transaction is based on one or more characteristics of the online transaction, which comprise at least one of: a type of the online transaction, a history associated with the online transaction, an importance of the online transaction, or an amount of time of the online transaction. 
     
     
         27 . A computerized method for performing variable risk assessment for an online transaction, the computerized method comprising:
 selecting a plurality of tests associated with an online transaction;   performing a first set of tests during the first stage of the online transaction;   determining a presence of a transaction event for the online transaction, wherein the transaction event causes the first stage of the online transaction to complete; and   performing a second set of tests during the second stage, wherein the second set of tests is executed in parallel with at least a portion of the first set of tests during the second stage.   
     
     
         28 . The computerized method of  claim 27 , wherein the first stage occurs during the online transaction while the second stage is after the online transaction has occurred. 
     
     
         29 . The computerized method of  claim 27 , further comprising identifying a third stage associated with the online transaction where no tests are performed during the third stage. 
     
     
         30 . The computerized method of  claim 29 , wherein the third stage occurs between the first stage and the second stage. 
     
     
         31 . The computerized method of  claim 27 , wherein the transaction event is based on at least one of: the one or more characteristics of the online transaction, an action taken by a user of a device involved in the online transaction, or a decision event that occurred during the online transaction. 
     
     
         32 . The computerized method of  claim 27 , wherein duration of the first stage of the online transaction is based on one or more characteristics of the online transaction, which comprise at least one of: a type of the online transaction, a history associated with the online transaction, an importance of the online transaction, or an amount of time of the online transaction. 
     
     
         33 . Non-transitory computer storage having stored thereon a computer program, the computer program including executable instructions that instruct a computer system to at least:
 select a plurality of tests associated with an online transaction;   perform a first set of tests during the first stage of the online transaction;   determine a presence of a transaction event for the online transaction, wherein the transaction event causes the first stage of the online transaction to complete; and   perform a second set of tests during the second stage, wherein the second set of tests is executed in parallel with at least a portion of the first set of tests during the second stage.   
     
     
         34 . The non-transitory computer storage of  claim 33 , wherein the first stage occurs during the online transaction while the second stage is after the online transaction has occurred. 
     
     
         35 . The non-transitory computer storage of  claim 33 , wherein the executable instructions further instruct the computer system to: identify a third stage associated with the online transaction where no tests are performed during the third stage. 
     
     
         36 . The non-transitory computer storage of  claim 35 , wherein the third stage occurs between the first stage and the second stage. 
     
     
         37 . The non-transitory computer storage of  claim 33 , wherein the transaction event is based on at least one of: the one or more characteristics of the online transaction, an action taken by a user of a device involved in the online transaction, or a decision event that occurred during the online transaction. 
     
     
         38 . The non-transitory computer storage of  claim 33 , wherein duration of the first stage of the online transaction is based on one or more characteristics of the online transaction, which comprise at least one of: a type of the online transaction, a history associated with the online transaction, an importance of the online transaction, or an amount of time of the online transaction.