Event processing for detection of suspicious financial activity
US8751375B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 31, 2009 |
| Grant date | Jun 10, 2014 |
| Priority date | — |
| Expiry date | Jan 6, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Event processing for suspicious activity detection is disclosed. Financial events can be detected by receiving data from a plurality of detection channels. The data can optionally be enriched by adding additional details about events. An event or group of events is scored based on pre-defined risk factors and experience, and the resulting score can be compared to a pre-defined threshold. A case for investigation is established when the score is above the pre-defined threshold. Events for which the score is below the pre-defined threshold are sampled to provide the experience for the scoring. Events can be scored by obtaining a plurality of predictors, collecting training data regarding existing cases, and running a logistic regression to obtain weights for the predictors. The likelihood of a case for investigation resulting in a suspicious activity report can then be determined.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.