US Patent Issued to NICE on Feb. 10 for "Accelerated security for real-time detection of suspicious transactions" (Indian Inventors)

ALEXANDRIA, Va., Feb. 11 -- United States Patent no. 12,548,013, issued on Feb. 10, was assigned to NICE LTD. (Ra'anana, Israel).

"Accelerated security for real-time detection of suspicious transactions" was invented by Nikhil Jivanrao Rudrakar (Pune, India), Harshad Wani (Nashik, India) and Ayush Guha (Pune, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A device, system and method for accelerated compliance testing for real-time detection of suspicious transactions in a transaction stream. A machine learning model may determine a global trend of cumulative transaction behavior based on all, a majority or a representative subset, of the stream of transactions. For each transaction in the stream, a ski...