The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 10, 2022
Filed:
Mar. 22, 2020
Actimize Ltd., Ra'anana, IL;
Danny Butvinik, Haifa, IL;
ACTIMIZE LTD., Ra'anana, IL;
Abstract
A computerized-method for real-time detection of financial transactions suspicious for money-laundering, by processing high-speed streaming financial data. In a computerized-system receiving a financial data stream comprised of data points. Operating a Fused-Density (FD)-based clustering module that is configured to: (i) read the data points; (ii) maintain a grid system; (iii) maintain one or more provisional clusters (PROC)s; (iv) associate each data point with a grid or merge it to a PROC; (v) systemize the grid system and the PROCs; (vi) trim one or more grids and remove one or more PROCs; (vii) form one or more shape devise clusters based on the PROCs; and (viii) transmit the one or more shape devise clusters for analysis thereof, thus, enabling detection of financial transactions suspicious for money-laundering according to the one or more shape devise clusters which were formed out of the high-speed streaming financial data with money-laundering changing trends.