Intellectual Property India Publishes Patent Application for 'Fraud Detection System And Method Thereof' Filed by Nims University

MUMBAI, India, Feb. 13 -- Intellectual Property India has published a patent application (202611000856 A) filed by Nims University, Jaipur, Rajasthan, on Jan. 5, for 'fraud detection system and method thereof.'

Inventor(s) include Krishna Kant Sharma.

The application for the patent was published on Feb. 13, under issue no. 07/2026.

According to the abstract released by the Intellectual Property India: "The invention provides an AI-powered system and method (100, 200) for real-time detection of fraudulent financial transactions. The system comprises a data ingestion module (101) for acquiring transaction data from multiple sources; a feature extraction engine (102) for deriving static, dynamic, and contextual features; and an AI model ens...