Patent ID: 11961095
Assignee: GUARDIAN ANALYTICS, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 3:
4. A system comprising at least one processor configured for:
automatically generating a first model using account event parameters of a previous account event performed by a user in an account, via an online financial institution system, wherein the first model includes distributions of the event parameters;
receiving observed event parameters of a next account event in the online financial institution system;
wherein the previous account event and the next account event are at least one of: an online event, an offline event or a multiple-channel event;
generating a first probability using the first model, wherein the first probability corresponds to the user conducting the next account event in the online financial institution system;
generating a second probability using a second model, wherein the second probability corresponds to a fraudster conducting the next account event, in the online financial institution system, wherein the fraudster is a person other than the user; and
using the first probability and the second probability, generating a likelihood the next account event in the online financial institution system, is performed by the user versus the fraudster;
wherein generating the first model includes generating statistical relationships between the event parameters and derived parameters corresponding to the account, and wherein the derived parameters include one or more of a geographic area from which a device is initiating the next account event, in the online financial institution system, a location of the device, an identification of the device, and an electronic service provider of the device.