Generating a fraud risk score for a third party provider transaction
US11935062B2 · kind B2 · utility
0Cited by
5References
17Claims
0Family size
Assignee
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Key dates
| Filing date | Nov 30, 2021 |
| Grant date | Mar 19, 2024 |
| Priority date | — |
| Expiry date | Nov 30, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/0855
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for generating a fraud risk score for a third party provider (TPP) transaction. The system includes a server including an electronic processor. The electronic processor is configured to determine a frequency-recency-monetary value feature, a reputation feature, and a rule feature for a TPP transaction, using the frequency-recency-monetary value feature, the reputation feature, and the rule feature as input for a machine learning model, execute the machine learning model to generate a blended score, and, when the blended score is above a second predetermined threshold, determine that the TPP transaction is fraudulent.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.