MUMBAI, India, Nov. 2 -- Intellectual Property India has published a patent application (202611109674 A) filed by G. L. Bajaj Institute Of Technology And Management on September 12, 2026, for Imbalance-Aware Transaction Processing System For Real-Time Credit-Card Fraud Detection.
Inventors include Ayasha Malik; Hitesh Kumar; Raghvendra Pandey; Rohit Kumar; and Shubham Singh.
The application for the patent was published on October 30, 2026, under issue no. 44/2026.
Abstract: Abstract Disclosed is a credit-card transaction processing system for real-time fraud detection. A transaction interface receives historical records containing fraudulent and legitimate classes and a current transaction. A preprocessing engine transforms record features into transaction vectors, and a resampling engine applies a Synthetic Minority Oversampling Technique to produce a class-balanced training dataset. A model-training engine trains multiple supervised classification models. A model- evaluation engine evaluates the models using imbalance-sensitive performance metrics and selects a classification model. An inference engine applies the selected model to a vector generated from the current transaction to classify the transaction as fraudulent or legitimate. In response to a fraudulent classification, a transaction- control interface causes transaction blocking, generation of a fraud alert, or referral of the transaction for manual review. Dated September 7, 2026 / Kumar Tushar Srivastava IN/PA-3973 Agent for the Applicant
Disclaimer: Curated by HT Syndication.
