MUMBAI, India, Oct. 5 -- Intellectual Property India has published a patent application (202631018255 A) filed by Ipfc-Giet University Cell on February 18, 2026, for System And Method For Detecting Credit Card Fraud.
Inventors include Sangita Mishra; and Dr. Neelamadhab Padhy.
The application for the patent was published on October 02, 2026, under issue no. 40/2026.
Abstract: ABSTRACT SYSTEM AND METHOD FOR DETECTING CREDIT CARD FRAUD The present disclosure provides a method (200) for detecting credit card fraud. The 5 method (200) comprises receiving (202) a plurality of parameters associated with a task being performed using a credit card. The method (200) further comprises processing (204) the plurality of parameters using at least one of a plurality of models. The method (200) further comprises determining (206) a fraud risk score based on the processing of the plurality of parameters. The method (200) further 10 comprises determining (208) the credit card fraud upon determination that the fraud risk core is greater than a predetermined fraud risk score.
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