Account-level fraud detector and associated methods
US7860783B2 · kind B2 · utility
75Cited by
6References
15Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 27, 2006 |
| Grant date | Dec 28, 2010 |
| Priority date | — |
| Expiry date | Aug 27, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of generating a model for performing account-level fraud detection is disclosed, and includes obtaining a plurality of candidate rules for referrals of financial transactions, calculating a savings density for each of the plurality of rules, selecting a rule from the plurality of rules having the maximum savings density, iteratively rebalancing savings densities for the remaining rules of the plurality of rules and selecting a next rule until a volume constraint is satisfied, and applying the selected rules to one or more financial transactions.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.