Patents Assigned to VERAFIN, INC.
  • FRAUD DETECTION SYSTEMS AND METHODS
    Publication number: 20160132886
    Abstract: Systems and methods disclosed herein related to a fraud detection system that receives data from multiple sources and normalizes the data to create transaction data using overlapping data from the multiple sources. Fraud analysis is performed using a probabilistic approach to alert generation, wherein alerts are only sent to customers when the probability of fraud exceeds a threshold. As a result, false positives are avoided.
    Type: Application
    Filed: August 25, 2014
    Publication date: May 12, 2016
    Applicant: VERAFIN, INC.
    Inventors: Andrew BURKE, Thomas CHALKER, Jamie KING, Jonathan LILLY, Alain O'DEA, Raymond PRETTY, Charles Robertson, Shuang WU