Intellectual Property India Publishes Patent Application for 'Fraud Detection Systems For Banking Transactions Using Machine Learning Algorithms' Filed by Parthasarathi P; Pavithra Sri S; Sara Maria Priscilla A; Sunmitha S J; and Rajeshkumar G

MUMBAI, India, April 10 -- Intellectual Property India has published a patent application (202441076399 A) filed by Parthasarathi P; Pavithra Sri S; Sara Maria Priscilla A; Sunmitha S J; and Rajeshkumar G, Namakkal, Tamil Nadu, on Oct. 9, 2024, for 'fraud detection systems for banking transactions using machine learning algorithms.'

Inventor(s) include Parthasarathi P; Pavithra Sri S; Sara Maria Priscilla A; Sunmitha S J; and Rajeshkumar G.

The application for the patent was published on April 10, under issue no. 15/2026.

According to the abstract released by the Intellectual Property India: "With an emphasis on identifying fraudulent activity in real-time across financial systems, including UPI and general type transactions, we offer a ...