Patent ID: 8571982
Filing Date: 2013-10-29
Classification: G06Q

Abstract:
1. A method for varying a capacity of a fraud detection system, the method comprising: determining, by a processing device, a current transaction volume being processed by a financial institution, wherein the current transaction volume is a number of current transactions being received and sent by the financial institution per unit of time; determining an estimated transaction volume for a future time period, wherein the estimated transaction volume for the future time period is a number of estimated transactions that will be received and sent by the financial institution per unit of time for the future time period based on a historical transaction volume of a same or similar time period; varying the capacity of the filtering system or application based on the current transaction volume and the estimated transaction volume for the future time period; receiving, by the processing device, transaction data related to one or more transactions from the transaction volume being processed; and performing, by the processing device, multi-stage filtering on the transaction data received.