Detecting fraudulent mobile money transactions

US8458090B1 · kind B1 · utility

Assignee

• International Business Machines Corporation · US

Inventors

• Vishal Batra · Noida, IN
• Dinesh Garg · Beawar, IN
• Ravi Kothari · Bengaluru, IN
• Raghuram Krishnapuram · New Delhi, IN
• Sumit Negi · Bengaluru, IN
• Gyana Ranjan Parija · Poughkeepsie, US

Key dates

• Filing date: Apr 18, 2012
• Grant date: Jun 4, 2013
• Expiry date: Apr 18, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q99/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method, an apparatus and an article of manufacture for detecting a fraudulent mobile money transaction. The method includes determining a reputation score for at least one customer based on historical data, determining multiple patterns related to fraudulent mobile money transaction activities by using the reputation score and the historical data, automatically detecting at least one of the patterns in mobile money transactions incoming from at least one other customer, and classifying the at least one detected pattern as a fraudulent mobile money transaction or a genuine mobile money transaction.