Intellectual Property India Publishes Patent Application for 'Personal Finance Management System With Lstm Forecasting And Fpga Fraud Detection' Filed by Vellore Institute Of Technology

MUMBAI, India, Jan. 2 -- Intellectual Property India has published a patent application (202541122235 A) filed by Vellore Institute Of Technology, Vellore, Tamil Nadu, on Dec. 4, 2025, for 'personal finance management system with lstm forecasting and fpga fraud detection.'

Inventor(s) include Dr. Narayana Moorthi. M; and V. Mrinal.

The application for the patent was published on Jan. 2, under issue no. 01/2026.

According to the abstract released by the Intellectual Property India: "The present disclosure provides a personal finance management system including a data preprocessing module configured to receive and normalize financial transaction data including transaction amounts, dates, categories, and account information; a Long Short-Term Memory neural network module configured to process the normalized financial transaction data to generate time series forecasts of future expenses across multiple spending categories; a One-Class Support Vector Machine anomaly detection module configured to identify anomalous transactions by establishing a boundary around normal spending patterns and flagging outliers that deviate from established financial behavior; a Field-Programmable Gate Array hardware module programmed with logic configured to perform real-time fraud detection by monitoring transaction patterns and generating fraud alerts when predetermined threshold conditions are exceeded; and an interactive dashboard configured to display the time series forecasts, anomaly detection results, and fraud alerts."

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