MUMBAI, India, April 17 -- Intellectual Property India has published a patent application (202641043831 A) filed by KKR & KSR Institute of Technology and Sciences, Guntur, Andhra Pradesh, on April 6, for 'machine learning-driven fraud detection and risk analysis system for digital financial transactions.'

Inventor(s) include Dr. D. Harikrishna; Mr. P. Srihari Rao; Ms. P. Anusha; Ms. P. Keerthisri; Ms. M. Bhanuja Chowdary; and Ms. M. Laasya.

The application for the patent was published on April 17, under issue no. 16/2026.

According to the abstract released by the Intellectual Property India: "The rapid adoption of digital payment systems in India, particularly the Unified Payments Interface (UPI), has significantly increased transaction ...