Fraud identifying AI technology Receives Patent Funding

Pearl has been permitted to patent its AI FWA detector (fraud, waste, and abuse) from the United States Patent Office. The technology was created to support dental insurance companies in identifying FWA.

A press release from Pearl said companies that provide insurance coverage miss out on billions of dollars due to fraudulent activity. The new system is from the Pearl Project Solution, using Artificial Intelligence is set to improve the protection against FWA by using computer algorithms to identify the claims with questionable veracity.

Pearl has had four systems in the last year (including this one) permitted patents. The most recent AI FWA system amplifies the companies continuous dedication to AI development.

Chief Technology Officer at Pearl, Cambron Carter, explained “It’s one thing to teach a machine learning system to look for a finite set of relevant known quantities–decay, bone loss, etc. It’s quite another to teach a system to look for an unlimited set of unknown quantities. The latter is a bigdata problem of the kind that only an expertly developed unsupervised learning AI system can solve,” Carter said in the press release. That’s exactly the kind of system Pearl’s patent covers, and we’re proud to have the originality of our invention recognized.”