Intellectual Property India Publishes Patent Application for Ab-Xai-Driven Financial Fraud Detection Using Rnn Models

MUMBAI, India, Sept. 14 -- Intellectual Property India has published a patent application (202641105449 A) filed by Karpagam College Of Engineering; Karpagam Academy Of Higher Education; Dr. S. Ganeshmoorthy; and K Vignesh on September 02, 2026, for Ab-Xai-Driven Financial Fraud Detection Using Rnn Models.

Inventors include Dr. S. Ganeshmoorthy; and K Vignesh.

The application for the patent was published on September 11, 2026, under issue no. 37/2026.

Abstract: Financial fraud has become a major challenge in modern digital and online transaction systems, demanding accurate and reliable detection mechanisms. Traditional fraud detection methods often fail to capture complex sequential patterns and lack transparency in decision-making. To a...