MUMBAI, India, Aug. 31 -- Intellectual Property India has published a patent application (202641100896 A) filed by Jain Deemed-To-Be University on August 20, 2026, for Device For On-Site Business Auditing And Fraud Detection.
Inventors include Dr. Febin Prakash; Bhavya Venkatesh; Syeda Ayesha Zeenat; Sabana S Gejapathi; Nandish S Patil; and Jayesh Sawlani.
The application for the patent was published on August 28, 2026, under issue no. 35/2026.
Abstract: A device for on-site business auditing and fraud detection, comprises of a housing 101, a data fetching module to securely retrieve, authenticate, and synchronize financial, transactional, and compliance-related data, a plurality of extendable legs 102 to maneuver and position the housing 101, an articulated limb 104 having a suction cup 105 at the end to hold physical ledgers, files, or registers, an articulated pole 106 for detecting ink age variation, an articulated gripper 108 to flip document pages, a volumetric inventory and asset verification module 110 to calculate actual physical stock volume, a visual-financial payment synchronization module to access PoS invoice records, a signature authentication module 113 to detect forged authorizations, a lifestyle-to-income correlation and proximity analysis module 115 to analyze physical asset presence, an international asset and CRS linkage module 117 to cross-verify scanned financial identifiers, an evaluation module to aggregate outputs from all the modules.
Disclaimer: Curated by HT Syndication.
