Patent №
US 6,714,918
Granted
2004-03-30
Filed 2002
Owner
ACCESS BUSINESS GROUP INTERNATIONAL LLC
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
10298625
A system for detecting fraudulent transactions is disclosed. The system breaks the transaction down into its component parameters. A first score is computed depending on the propensity of the transacted commodity to be involved in fraud. A second score is computed as a function of the authentication of the remaining parameters of the transaction. A total fraud score is computed from the first score and the second score and compared against a fraud threshold to determine the likelihood of the transaction being fraudulent.
AI classification
Ownership
ACCESS BUSINESS GROUP INTERNATIONAL LLC
assignment · 137470324
Assignors
ALTICOR, INC.
On an employer assignment, the assignors are typically the inventors.