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: 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.