MUMBAI, India, Aug. 12 -- Intellectual Property India has published a patent application (202641087498 A) filed by Saveetha Engineering College on July 17, 2026, for Intelligent Financial Health Assessment Platform For Retail Customers.
Inventor includes Dr. M. Ganesan Alias Kanagaraj.
The application for the patent was published on August 07, 2026, under issue no. 32/2026.
Abstract: ABSTRACT The present invention discloses an Intelligent Financial Health Assessment Platform for Retail Customers that provides a comprehensive, Al-driven framework for evaluating, monitoring, and improving the fmancial well-being of individual customers. The platform securely acquires financial data from multiple authorized sources, including banking transactions, income records, expenditure patterns, savings accounts, loan obligations, investment portfolios, insurance policies, digital payment systems, and customer-defined financial goals. The collected data are validated, standardized, and integrated into a unified financial repository for intelligent analysis. The invention employs artificial intelligence, machine learning, behavioral financial analytics, predictive risk assessment, and explainable artificial intelligence (XAI) to generate a Dynamic Financial Health Index (DEM) representing the customer's overall financial condition. The platform continuously evaluates multiple financial dimensions, including income stability, savings adequacy, debt sustaimability, cash flow management, investment diversification, insurance coverage, emergency fund sufficiency, financial goal progress, and behavioral spending patterns. Predictive analytics identify emerging financial risks, forecast future financial outcomes, and support proactive financial decision-making through personalized recommendations and scenario simulations.
Disclaimer: Curated by HT Syndication.
