US Patent Issued to PAYPAL on Aug. 5 for "Systems and methods for training and modifying a computer-based model to perform classification" (Israeli Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,358, issued on Aug. 5, was assigned to PAYPAL INC. (San Jose, Calif.).

"Systems and methods for training and modifying a computer-based model to perform classification" was invented by Roi Spoliansky (Ramat Yishay, Israel) and Razi Fachar Eldeen (Haifa, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems are presented for a computer-based models enhancing by iteratively evaluating and modifying a computer-based model configured to perform data classifications. A model development system builds a computer-based model under an initial configuration. The model development system may evaluate the performance of the computer-based mo...