Method and system for detecting fraudulent financial transaction
US11989732B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 4, 2021 |
| Grant date | May 21, 2024 |
| Priority date | — |
| Expiry date | Mar 4, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N7/01
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Disclosed is a method and system for detecting a fraudulent financial transaction including collecting, by processing circuitry, transaction details from a financial institution, classifying, by the processing circuitry, each of a plurality of users into a respective set of groups among a plurality of groups for each of a plurality of transaction action types, the plurality of users corresponding to the transaction details, and determining, by the processing circuitry, whether a first user among the plurality of users is in a risk group based on a first set of groups among the plurality of groups into which the first user is classified.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.