Invention Grant
- Patent Title: Computer-implemented method for detecting fraudulent transactions using locality sensitive hashing and locality outlier factor algorithms
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Application No.: US16552983Application Date: 2019-08-27
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Publication No.: US11263643B2Publication Date: 2022-03-01
- Inventor: Xiaojun Huang
- Applicant: COUPANG CORP.
- Applicant Address: KR Seoul
- Assignee: COUPANG CORP.
- Current Assignee: COUPANG CORP.
- Current Assignee Address: KR Seoul
- Agency: Finnegan, Henderson, Farabow, Garrett & Dunner LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06F16/22 ; G06F16/23

Abstract:
Methods and systems for detecting fraudulent data points in a database of a computerized system include receiving, from a user device, a request for detecting one or more fraudulent data points in a database storing data points representing electronic transactions. The system constructs a feature vector fore each data point and k random vectors. After constructions, the system performs a combination of Locality Sensitive Hashing algorithm and Local Outlier Factor (LOF) algorithm on the constructed feature vectors and the constructed k random vectors to compute outlier scores for each data point. The system detects a fraudulent data point based on the outlier scores that indicate consistent degrees.
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