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AssigneeBank of America Corporation
InventorsSomnath Choudhuri, Daniel Bodalski, Matthew Hoke, Sethu V. Iyer, Charles Pigg
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A multi-stage filtering process and system for fraud detection is disclosed. The multi-stage filtering process allows for the ability to dynamically increase/decrease server capacity, as well as application capacity to support fraud detection activities. The system monitors the queues of the transactions being made using various channels, and responds by adjusting the server and application resources needed for performing pre-filtering on the transactions in the queues. The invention allows for the fraud detection systems to maintain the capacity necessary to examine, at some level, if one or more of the transactions being processed by a financial institution are potentially fraudulent. The capacity can be changed during times of high and low volumes, thus allowing the allocation of resources based on transaction volume, which reduces the computing, energy, labor, etc. costs associated with fraud detection systems without losing the ability to detect almost all of the fraudulent transactions occurring.
A method for varying a capacity of a fraud detection system, the method comprising:
A computer program product for varying a capacity of a fraud detection system, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:
A system for varying a capacity of a fraud detection system, comprising:
Dependencies are inferred from the claim text.