US Patent Issued to Fair Isaac on Oct. 7 for "Method for real-time enhancement of a predictive algorithm by a novel measurement of concept drift using algorithmically-generated features" (California Inventors)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,209, issued on Oct. 7, was assigned to Fair Isaac Corp. (Minneapolis).

"Method for real-time enhancement of a predictive algorithm by a novel measurement of concept drift using algorithmically-generated features" was invented by Scott Michael Zoldi (San Diego), Jim Coggeshall (San Diego) and Yuting Jia (San Diego).

According to the abstract* released by the U.S. Patent & Trademark Office: "A predictive analytics system and method in the setting of multi-class classification are disclosed, for identifying systematic changes in an evaluation dataset processed by a fraud-detection model by examining the time series histories of an ensemble of entities such as accounts. The ensemble o...