Abstract: A system includes one or more memory devices storing instructions, and one or more processors configured to provide low-latency access to cardholder location information by receiving periodically updated location information from a mobile device associated with the account holder and updated associated systems with the information prior to the user initiating a transaction. At the time of a transaction, necessary systems can quickly access the stored information and authenticate transactions appropriately.

Abstract: Disclosed herein are systems and methods for predicting on-file payment credentials. The methods can include obtaining, from a financial institution, transaction data comprising one or more transactions conducted at one or more merchants. For each respective merchant of the one or more merchants, the methods can include parsing each of the one or more transactions at the respective merchant to create a merchant profile for the respective merchant, the merchant profile comprising merchant behavior data for the respective merchant. The methods can determine a likelihood of a respective associated merchant having the payment credential information on file by calculating a score for the merchant based on the merchant profile. The score can represent that the merchant profile is indicative of the associated merchant having the payment credential information stored on file.

Abstract: A method including receiving a merchant authorization message; extracting from the merchant authorization message, the merchant name and the merchant category code; retrieving location data from a first database; identifying and removing, from the merchant authorization message, a system identification and a payment terminal type; retrieve a plurality of entries; determine, for each of the plurality of entries, a relevance score; sort, based on the determined relevance scores, each of the plurality of retrieved entries; associate, with the updated merchant name, a particular entry of the plurality of entries having the highest relevance score; generate a dataset; comparing the merchant category data to a pre-defined list of merchant categories; updating the merchant category data; determining a merchant category similarity score; responsive to the merchant category data having a merchant category similarity score above a predetermined threshold, updating the merchant category field; and outputting, for transm

Abstract: A system includes one or more memory devices storing instructions, and one or more processors configured to provide low-latency access to cardholder location information by receiving periodically updated location information from a mobile device associated with the account holder and updated associated systems with the information prior to the user initiating a transaction. At the time of a transaction, necessary systems can quickly access the stored information and authenticate transactions appropriately.