{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-10489786","patent":{"patent_number":"US-10489786","title":"Optimization of fraud detection model in real time","assignee":null,"inventors":[],"filing_date":"2015-11-24T00:00:00.000Z","publication_date":"2019-11-26T00:00:00.000Z","cpc_codes":["G06Q"],"num_claims":12,"abstract":"A payment processing system continuously processes transactions having data elements. A profile table exists for each data element of the transactions and is continuously updated with risk variables in real time. Risk metrics of various types are calculated in real-time if criteria are met. A risk metric percentage is compared to one of two thresholds to determine whether or not to trigger a strike and whether or not to turn on alert for a particular data element of a profile table. If an alert is turned on then the thresholds become more restrictive for that particular data element for future transactions. Fraud model parameters are also adjusted if a strike is triggered or an alert is turned on. An alert is turned off after passage of time and if the risk metric for a future transaction is below a threshold. Rules are created in real time if an alert is on."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Optimization of fraud detection model in real time","description":"A payment processing system continuously processes transactions having data elements. A profile table exists for each data element of the transactions and is continuously updated with risk variables i","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-10489786","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-10489786","citation_suggestion":"Patentable. \"Optimization of fraud detection model in real time\" (US-10489786). https://patentable.app/patents/US-10489786","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-10489786","json":"https://patentable.app/api/llm-context/US-10489786","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T17:09:21.584Z"}