Abstract: Methods, systems, and computer programs, for predicting a likely outcome for an entity. A method includes obtaining a first data structure that includes data that represents a transaction, determining a similarity level of the transaction to each of a plurality of categories, determining a transaction category based on the determined similarity level, generating an input data structure that includes data representing (i) at least a portion of the data representing the transaction, and (ii) data describing the determined category, providing the input data structure to a predictive algorithm trained to determine a value that represents a likely outcome for an entity that initiated a transaction, obtaining output generated by the predictive algorithm based on the predictive algorithm's processing of the input data structure, the output including a value that represents a likely outcome for the entity, and determining a likely outcome for the entity based on the obtained output.
Type:
Grant
Filed:
December 19, 2019
Date of Patent:
November 3, 2020
Assignee:
Laso, Inc.
Inventors:
Adam Cohen, Jay McLain, Jim Chonko, Eric Hexter