ALEXANDRIA, Va., Sept. 24 -- United States Patent no. 12,743,707, issued on Sept. 22, was assigned to KPMG International Services Ltd. (London).
"AI-enabled fraud analysis" was invented by Jan Gelke (Berlin), Jon Gray (London), Sebastian Stockle (Berlin) and Dennis Triepke (Berlin).
According to the abstract* released by the U.S. Patent & Trademark Office: "Methods, apparatus, and computer program products described herein provide for calculation of a score representative of the risk of fraud by a target entity. A set of financial ratios, lens model scores, risk area scores, and academic scores are all calculated in relation to the target entity and a group of peer entities. These calculated scores are all indicative of the risk of fraud ...