Intellectual Property India Publishes Patent Application for Machine Learning-Based System For Transaction Fraud Prevention

MUMBAI, India, June 22 -- Intellectual Property India has published a patent application (202641059984 A) filed by Sameeruddin Shaik on May 12, 2026, for Machine Learning-Based System For Transaction Fraud Prevention.

Inventor includes Sameeruddin Shaik.

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

Abstract: MACHINE LEARNING-BASED SYSTEM FOR TRANSACTION FRAUD PREVENTION ABSTRACT The invention Machine Learning-Based System for Transaction Fraud Prevention introduces a novel approach to detecting and preventing fraudulent transactions in financial systems using machine learning algorithms. The system utilizes a combination of supervised and unsupervised learning techniques to analyze transaction d...