US Patent Issued to Bank of America on April 14 for "Fraud prevention leveraging webhooks to obtain third party fraud data identification" (Indian Inventors)

ALEXANDRIA, Va., April 15 -- United States Patent no. 12,604,192, issued on April 14, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Fraud prevention leveraging webhooks to obtain third party fraud data identification" was invented by Shailendra Singh (Maharashtra, India) and Saurabh Gupta (New Delhi).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for using a fraud detection application running on a mobile device to monitor, in real-time, a telephonic communication on the mobile device. Data may be continuously extracted from the telephonic communication by the fraud detection application. The method may include determining from the extracted data, that the data includes a fraud indicator....