Automatic variable creation for adaptive analytical models
US8676726B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 30, 2010 |
| Grant date | Mar 18, 2014 |
| Priority date | — |
| Expiry date | Sep 8, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N20/00
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A system and method for automated variable creation for adaptive fraud analytics are disclosed. A data structure for creation of rules is generated. The data structure represents nodes and associations between nodes from inputs for fraud/non-fraud conditions, and is generated from fraud and non-fraud data collected in an adaptive modeling process from past transactions. All unique paths between nodes of the data structure are determined to define a rule for each path. Each rule is then converted to a binary indicator variable to generate a set of binary indicator variables, and one or more complex variables is derived from the set of binary indicator variables. The one or more binary indicator variables and one or more complex variables can be provided to an adaptive scoring engine to score new transactions or to predict future behaviors.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.