US Patent Issued to The Huntington National Bank on April 14 for "Fraud detection using byte pair encoding" (Ohio Inventor)

ALEXANDRIA, Va., April 15 -- United States Patent no. 12,602,693, issued on April 14, was assigned to The Huntington National Bank (Columbus, Ohio).

"Fraud detection using byte pair encoding" was invented by Brian Long (Athens, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques are described herein for fraud detection which may include generating, from legitimate account data instances, a data compression vocabulary. The data compression vocabulary may specify one or more tokens identified from the legitimate account data instances and a corresponding replacement value. A new instance of account data may be received. Compressed account data may be generated based at least in part on replacing a t...