Financial risk prediction systems and methods therefor

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6119103
SERIAL NO

08863666

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A computer-implemented method for predicting financial risk, which includes receiving first transaction data pertaining to transactions performed on a first financial account. The first financial account represents a financial account issued to a given account holder by a first account issuer. The method further includes receiving second transaction data pertaining to transaction performed on a second financial account different from the first financial account. The second financial account represents a financial account issued to the given account holder by a second account issuer different from the first account issuer. There is further included scoring the first transaction data and the second transaction data based on a preexisting model to form a score for the account holder. Additionally, there is included transmitting, if the score is below a predefined financial risk threshold, the score to one of the first account issuer and the second account issuer.

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Patent Owner(s)

  • VISA INTERNATIONAL SERVICE ASSOCIATION

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Basch, Catherine A Pleasanton, CA 2 1465
Bruesewitz, Belva J Danville, CA 7 1930
Faith, Patrick Pleasanton, CA 198 14337
Siegel, Kevin Fremont, CA 20 2555

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