Lumen Technologies had four patents in regtech during Q4 2023. Lumen Technologies Inc has developed tools and techniques for monitoring and detecting fraudulent or unauthorized use in telephone conferencing systems or voice networks. The computing system monitors call activity and identifies incoming and outgoing calls associated with a party. It analyzes the call data to determine if fraudulent or unauthorized use is occurring, and initiates actions accordingly. GlobalData’s report on Lumen Technologies gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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Lumen Technologies grant share with regtech as a theme is 50% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Monitoring and detection of fraudulent or unauthorized use in telephone conferencing systems or voice networks (Patent ID: US20230344875A1)
The patent filed by Lumen Technologies Inc. introduces innovative tools and techniques for monitoring and detecting fraudulent or unauthorized use in telephone conferencing systems or voice networks. The method involves a computing system monitoring call activity, identifying incoming or outgoing call data associated with a call initiated by a party, analyzing the data to determine fraudulent or unauthorized use, and initiating appropriate actions based on the determination. The system can detect various types of misuse, such as unauthorized users, bulk call generators, robocalls, or attempts to bypass long-distance charges, utilizing AI or machine learning systems for assessment.
Furthermore, the apparatus and system described in the patent include processors and computer-readable mediums with stored software instructions to carry out the monitoring, identification, analysis, and action initiation processes. These components can log information, generate historical data, calculate scores for probability assessment, and provide trunking bridges for facilitating monitoring and actions. The actions initiated based on the determination of fraudulent or unauthorized use can include blocking network trunks, disabling accounts, changing call routing, sending alerts or messages, and logging information for further analysis. Overall, the patent presents a comprehensive approach to monitoring and addressing fraudulent or unauthorized activities in telephone conferencing systems or voice networks, leveraging advanced technologies and methods for enhanced security and protection.
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