Estimating quantile values for reduced memory and/or storage utilization and faster processing time in fraud detection systems
US12118558B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 28, 2021 |
| Grant date | Oct 15, 2024 |
| Priority date | — |
| Expiry date | Sep 8, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0185
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system is provided for estimating quantile values for fraud assessments. The system includes a processor and a computer readable medium operably coupled thereto, to perform operations which include capturing one or more first data values for a quantile value profile associated with an entity, wherein the quantile value profile includes one of real values or a first plurality of quantile marker values calculated from the real values, accessing the quantile value profile for the entity, determining a first number of the one or more first data values, and based on the first number of the one or more first data values and the one of the real values or the first plurality of quantile marker values in the quantile value profile, performing one of a first merge operation, a second merge operation, or a third merge operation.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.