Dynamic rule strategy and fraud detection system and method
US10607228B1 · kind B1 · utility
24Cited by
2References
17Claims
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Key dates
| Filing date | Aug 24, 2017 |
| Grant date | Mar 31, 2020 |
| Priority date | — |
| Expiry date | Jul 19, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N7/01
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A dynamic rule strategy and fraud detection method for detecting fraud trends is provided. The method includes storing captured transaction data in at least one data warehouse and utilizing a computer server including at least one processor for performing multiple steps. The steps include continuously monitoring the captured transaction data for detecting a concentration of fraud attacks in selected segments; receiving, the selected segments identified and developing a set of fraud detection rules based on the selected segments; and validating and implementing the fraud detection rules.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.