首页|Patent Issued for Rule based machine learning for precise fraud detection (USPTO 12112331)
Patent Issued for Rule based machine learning for precise fraud detection (USPTO 12112331)
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The following quote was obtained by the news editors from the background informa tion supplied by the inventors: “Applications exist that require high-precision fraud detection, such as for e-transfer applications. However, many service prov iders are unable to provide such necessary high-precision fraud detection. Accor dingly, there is a need to improve the precision of fraud detection with respect to various applications, included, for example, e-transfer applications. In par ticular, there is a need for detecting heavily imbalanced fraud (for example, le ss than 1% of all traffic).”