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:
Jan. 24, 2023
Filed:
Jun. 04, 2020
Actimize Ltd., Ra'anana, IL;
Debabrata Pati, Pune, IN;
Akshaykumar Bhausaheb Tilekar, Ahmednagar, IN;
Shevale Ashish Suhas, Pune, IN;
ACTIMIZE LTD, Ra'anana, IL;
Abstract
A computerized-method for generating a dataset for a Machine Learning (ML) model for an increased accurate financial crime detection from an initiation stage of the ML model implementation. The computerized-method includes: retrieval of financial transaction records from a database of financial transaction records to arrange a dataset of financial transaction records, according to preconfigured techniques. Then, processing the records in the dataset; Then, operating feature engineering on preselected anomalous related features to yield probabilistic categorical features and to yield probabilistic numerical features, and then combining the probabilistic categorical features with the probabilistic numerical features to generate a complex features dataset, and providing the probabilistic categorical features, the probabilistic numerical features and the complex features dataset to an ML model, thus, increasing accuracy of detection that is performed right from an initiation stage of the ML model implementation.