Invention Grant
- Patent Title: Neural network host platform for generating automated suspicious activity reports using machine learning
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Application No.: US17492855Application Date: 2021-10-04
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Publication No.: US11593812B2Publication Date: 2023-02-28
- Inventor: Kyle Kreth , Andrew Vlasic , Selvakumar Albert , Jeremiah Thompson , Nancy T. Carrier
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06Q20/40
- IPC: G06Q20/40 ; G06Q40/02 ; G06Q10/10 ; G06Q30/00 ; H03M7/30 ; G06Q50/26 ; G06F16/21 ; G06N3/04 ; G06N3/08 ; G06Q50/00 ; G06Q30/018

Abstract:
Aspects of the disclosure relate to using machine learning techniques for generating automated suspicious activity reports (SAR). A computing platform may generate a labelled transaction history dataset by combining historical transaction data with historical report information. The computing platform may train a convolutional neural network using the labelled transaction history dataset. The computing platform may receive new transaction data and compress the new transaction data using lossy compression. The computing platform may input the compressed transaction data into the convolutional neural network, which may cause the convolutional neural network to output a suspicious event probability score based on the compressed transaction data. The computing platform may determine whether the suspicious event probability score exceeds a predetermined threshold and, if so, the computing platform may send one or more commands directing a report processing system to generate a SAR, which may cause the report processing system to generate the SAR.
Public/Granted literature
- US20220027920A1 Neural Network Host Platform for Generating Automated Suspicious Activity Reports Using Machine Learning Public/Granted day:2022-01-27
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