Abstract
The present disclosure relates to a method and system for real-time risk assessment and fraud detection for authorized push payments (APP). The method comprises receiving, by an API 103, a request for processing an APP transaction from a first user. In response to the request, receiving public verification details from the first user and/or private verification details from the second user. Further, the method comprises determining an authentication of the second user based on the public verification details and/or private verification details of the second user. Further, the method comprises determining, by the API 103 using an AI model 104, a scam risk score based on the public verification details and/or the private verification details. The method further comprises generating a recommendation message, to the first user based on the scam risk score, to assist the first user in processing the APP payment transaction to the second user.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
MALDE, ILA; GUPTA, LAHAR; GHOSH, SAGNIK; and JUAREZ, ZAMI, "METHOD AND SYSTEM FOR PROVIDING REAL-TIME RISK ASSESSMENT AND FRAUD DETECTION FOR AUTHORIZED PUSH PAYMENTS", Technical Disclosure Commons, (June 16, 2025)
https://www.tdcommons.org/dpubs_series/8236