Patents by Inventor Nirmal Baid

Nirmal Baid has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 10755280
    Abstract: Described herein are systems and methods for providing accurate assessments of existing fraud rules while controlling for various transaction risks. In some embodiments, transaction data may be obtained from a number of entities and may be segmented by applying various filters. Once segmented, each segment may be analyzed to obtain metrics for a target entity. A separate set of peers is dynamically determined for each segment. The metric values for the target entity may then be compared to the metric values for the peers in the peer set to assess the target entity's performance with respect to each segment. Based on a variance of the target entity from its peers, the system may identify the segment as an opportunity. A rule may then be generated automatically based on the identified segment. In some embodiments, the rule may be added to a rule file for automatic implementation by the target entity.
    Type: Grant
    Filed: January 13, 2017
    Date of Patent: August 25, 2020
    Assignee: Visa International Service Association
    Inventors: Ratinder Bedi, Michael Tsung, Mayrose Kragas, Christopher DeMartini, Nirmal Baid
  • Publication number: 20180204217
    Abstract: Described herein are systems and methods for providing accurate assessments of existing fraud rules while controlling for various transaction risks. In some embodiments, transaction data may be obtained from a number of entities and may be segmented by applying various filters. Once segmented, each segment may be analyzed to obtain metrics for a target entity. A separate set of peers is dynamically determined for each segment. The metric values for the target entity may then be compared to the metric values for the peers in the peer set to assess the target entity's performance with respect to each segment. Based on a variance of the target entity from its peers, the system may identify the segment as an opportunity. A rule may then be generated automatically based on the identified segment. In some embodiments, the rule may be added to a rule file for automatic implementation by the target entity.
    Type: Application
    Filed: January 13, 2017
    Publication date: July 19, 2018
    Inventors: Ratinder Bedi, Michael Tsung, Mayrose Kragas, Christopher DeMartini, Nirmal Baid