Intellectual Property India Publishes Patent Application for A Method For Explainable Real-Time Fraud Detection In Financial Transaction Systems

MUMBAI, India, June 22 -- Intellectual Property India has published a patent application (202641062968 A) filed by Mr. Mudimela Madhusudhan; and Mr. Pramoda Patro on May 18, 2026, for A Method For Explainable Real-Time Fraud Detection In Financial Transaction Systems.

Inventors include Mr. Mudimela Madhusudhan; and Mr. Pramoda Patro.

The application for the patent was published on June 12, 2026, under issue no. 24/2026.

Abstract: The present invention relates to a method and system for adaptive fraud detection in financial transaction systems using artificial intelligence, graph-based analytics, causal inference, temporal event modeling, and explainable decision-making mechanisms. The invention receives transaction data from financial tr...