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:
Mar. 12, 2024
Filed:
Oct. 01, 2020
Mastercard Technologies Canada Ulc, Vancouver, CA;
Anton Laptiev, Vancouver, CA;
Parin Prashant Shah, Vancouver, CA;
MASTERCARD TECHNOLOGIES CANADA ULC, Vancouver, CA;
Abstract
A fraud prevention server and method. The fraud prevention server includes an electronic processor and a memory. The memory includes an online application origination (OAO) service. The electronic processor is configured to perform feature encoding on one or more categorical variables in a first matrix to generate one or more feature encoded categorical variables, generate a second matrix including the one or more feature encoded categorical variables, generate a feature encoded OAO model by training an OAO model with the second matrix, receive information regarding a submission of an online application on a device, determine a fraud score of the online application based on the information that is received and the feature encoded OAO model, the feature encoded OAO model being more precise than the OAO model, and control the client server to approve, hold, or deny the online application based on the fraud score that is determined.