Patent ID: 8805737
Filing Date: 2014-08-12
Classification: G06Q

Abstract:
1. A computer-program product tangibly embodied in a non-transitory machine readable storage medium, and including instructions configured to cause a data processing apparatus to perform operations including: accessing a set of data, wherein the set of data includes information about multiple transactions; computing a fraud score for each of the transactions, each of the fraud scores computed based on: identifying a plurality of entities, wherein each of the entities is associated with a subset of transactions from the multiple transactions, and wherein, in each of the subsets, the transactions are associated with a common parameter; generating a summary for each of the entities, wherein generating the summary includes identifying a fraudulent activity trend corresponding to the entity and wherein the fraudulent activity trend is determined using an analysis of the computed fraud scores; storing each of the generated summaries in a computer memory; and performing, on the computing device, a subsequent fraud detection on an additional transaction, wherein performing the subsequent fraud detection facilitates a decision for the additional transaction and includes: