MUMBAI, India, Jan. 2 -- Intellectual Property India has published a patent application (202541122430 A) filed by Prakash Balekundri; and Khushi Balekundri, Bengaluru, Karnataka, on Dec. 5, 2025, for 'system and method for fraud detection in online transactions.'
Inventor(s) include Prakash Balekundri; and Khushi Balekundri.
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: "[0116] The subject matter discloses a system 100, devices 102, 104 and methods 600, 700 for securing online transaction requests using a hybrid client-side and server-side fraud-detection architecture. A client device 102 collects transaction data and computes a local risk score using local risk scoring engine 210. When the local risk score equals or exceeds the local risk threshold, the client device 102 blocks transmission of the transaction request to an authentication manager 104 and displays a security warning. When the local risk score is lesser than the local risk threshold, the transaction request comprising transaction data is transmitted to the authentication manager 104 for further evaluation. The authentication manager 104 computes a server risk score and approves or rejects the transaction or requests for secondary authentication from the client device 102 based on the server risk score."
Disclaimer: Curated by HT Syndication.
