Patent ID: 8606712

Claim:
A method for fraud analysis, the method comprising: receiving financial transaction attribute data associated with two or more financial transactions, each of the two or more financial transactions being related to one or more customer financial accounts, wherein the attribute data includes financial transaction velocity data associated with a rate at which a plurality of financial transactions occur; executing, via a computing device processor, a first stage fraud filtration configured to evaluate the two or more financial transactions based on the financial transaction attribute data, wherein evaluating the attribute data of the two or more financial transactions comprises: determining at least one financial transaction of the two or more financial transactions as being associated with a low risk or no risk transaction; determining at least one financial transaction of the two or more financial transactions as being associated with a risk greater than a low risk transaction; receiving account event data associated with one or more events pertaining to one or more financial accounts; executing, via a computing device processor, a second stage fraud filtration configured to evaluate the at least one financial transaction associated with a low risk or no risk transaction or to evaluate the at least one financial transaction associated with a risk greater than a low risk or no risk transaction based on the account event data; and determining which of the two or more financial transactions warrant fraud detection-related analysis based on the first and second stage fraud filtration.