Credit (risk) Processing Or Loan Processing (e.g., Mortgage) Patents (Class 705/38)
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Patent number: 11687807Abstract: A method of exercising effective influence over future occurrences using knowledge synthesis is described. Techniques include influencing methods that yield actions, once a proposed outcome has been assumed. This is different from methods, typically referred to as “predictive” or “prescriptive” that use analytics to model future results based upon existing data and predict most likely outcome. One or more methods of analysis of historical data, in a hierarchical manner, determine events which led to an observed outcome. The outcome-based algorithms use, as input, a future event or state and generate attributes that are necessary precursors. By creating these attributes, the future can be affected. Where necessary, synthetic contributors of such attributes are also created and made to act in ways consistent with generating the assumed outcome. These contributors might be called upon respectively, to post favorable opinions, to report balmy weather, or to describe sales to a certain population demographic.Type: GrantFiled: June 26, 2019Date of Patent: June 27, 2023Assignee: Bottomline Technologies, Inc.Inventor: Fred G. Ramberg
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Patent number: 11687882Abstract: A system for interfacing with a decisioning service from a third-party domain. A backend system may receive a request to interface with the decisioning service to generate a prequalification result for a user for a specified product, in response to the actuation of a button included in a third-party web domain rendering a product. The backend system may execute a call on a website of the decisioning service. The backend system may receive the product information from the button. The backend system may generate the website within the third-party domain, including a request for information about the user, in response to executing the call to the website. The backend system may transmit a request for generating prequalification result for the product to the decisioning service. The backend system may receive the prequalification result from the decisioning service.Type: GrantFiled: June 2, 2022Date of Patent: June 27, 2023Assignee: Capital One Services, LLCInventors: Satish Kesiboyana, Rajaboopathy Vijayaraghavan, Kush Patel, Jeffrey Roberts, Dustin Ryan Nation, Jonathan Darling, Venkata Sudharsan Dasa
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Patent number: 11688003Abstract: The present disclosure involves systems, software, and computer implemented methods for generating new credit accounts for immediate availability for use in current online transaction. One example process includes identifying, at a merchant application, a request to perform a credit application process associated with a particular user via a client application. The credit application process is associated with a financial institution, and the merchant application stores a set of user accounts, each associated with a merchant-specific identifier identifying the particular user profile at the merchant. An interactive application is presented within the merchant application, and information associated with the completed application is transmitted to an API associated with the financial institution with the merchant-specific identifier of the associated user.Type: GrantFiled: September 19, 2018Date of Patent: June 27, 2023Assignee: The Toronto-Dominion BankInventors: Adrian Bloy, Daniel Lam Tin Cheung, Asgar Maleki, Kevin Yuen, Danielle Marie Mullenax
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Patent number: 11688012Abstract: A plurality of liability factors of an asset is identified. Each liability factor impacts a total liability of the asset. A magnitude of a predetermined magnitude scale is identified for each of the plurality of liability factors according to a predetermined magnitude scale. Each magnitude is graphically encoded into a liability image for the asset. A risk score of the asset is determined by analyzing historical correlations between respective magnitudes of the plurality of liability factors using image recognition techniques on the liability image.Type: GrantFiled: September 18, 2020Date of Patent: June 27, 2023Assignee: International Business Machines CorborationInventors: Mohan Nagraj Dani, Balaji Rishi Sundarajan, Sharath C Athrey
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Patent number: 11687861Abstract: This disclosure describes techniques for analyzing operational data and applying one or more rule sets to identify issues and/or to determine whether action should be taken to prevent or mitigate a future risk event. In one example, this disclosure describes a method that includes receiving, by a computing system, risk data; generating, by the computing system and based on the risk data and a set of rules, an issue relating to an entity; outputting, by the computing system, a request; responsive to outputting the request, receiving, by the computing system, a response to the issue from the entity; storing, by the computing system, information about the response; receiving, by the computing system, information about a risk outcome associated with the issue; and modifying, by the computing system and based on at least one of the response and the information about the risk outcome, the set of rules.Type: GrantFiled: July 26, 2021Date of Patent: June 27, 2023Assignee: Wells Fargo Bank, N.A.Inventors: Terri C. Kennell, Danielle K. Moore, Lea C. Faircloth, Brian Carman
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Patent number: 11682074Abstract: System, apparatus, user equipment, and associated computer program and computing methods are provided for facilitating efficient decision-making with respect to a subject entity. In one aspect, a labeled training dataset containing N records respectively corresponding to N entities is provided for training a decision engine based on performing supervised learning. Responsive to receiving a plurality of attribute values for the subject entity requiring a decision relative to an estimate of a performance variable based on at least a portion of the attribute values, the trained decision engine is configured to determine a decision score as a function obtained as a set of linearly decomposed constituent components corresponding to the attribute values of the subject entity, thereby effectuating an objective determination of which attributes contribute to what portions of the decision score in a computationally efficient manner.Type: GrantFiled: April 13, 2018Date of Patent: June 20, 2023Assignee: GDS Link LLCInventors: Florian Lyonnet, Estela Alvarez Navas
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Patent number: 11682084Abstract: A computer-implemented system and method for managing and visualizing financial transaction data is disclosed. Rows of financial data are managed as data objects with a reorganizable node tree hierarchy. A user interface visualization system supports an interactive user interface with a client device. In some implementations, a user may reorganize the node hierarchy, define dimension, communicate on a node-based basis, and assign directly responsible individuals to nodes.Type: GrantFiled: December 28, 2020Date of Patent: June 20, 2023Assignee: Runway Financial, Inc.Inventors: Siqi Chen, Arya Asemanfar
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Patent number: 11681694Abstract: Embodiments of the present disclosure relate to a data analysis system for grouping and enriching data items for presentation to an analyst through a user interface. Data items from one or more data sources are combined into memory-efficient clustered data structures, which may be stored as one or more data tables in a database. Analysis and scoring of those clustered data structures can be performed by utilizing various criteria or rules to generate scores, reports, alerts, or conclusions that may aid an analyst in evaluating the clustered data structures. The analysis and scoring may also be added to the clustered data structures which are stored as one or more data tables in a database. The analyst may be prompted to create a dossier format or specification and to additional enrichments to be performed on the raw data items in the clustered data structures.Type: GrantFiled: August 25, 2021Date of Patent: June 20, 2023Assignee: Palantir Technologies Inc.Inventor: Luke Tomlin
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Patent number: 11676134Abstract: Embodiments for entity transaction interaction analysis and summarization by a processor. Transaction elements relating to one or more entity transaction interactions may be identifies and extracted from one or more communications. The transaction elements may be combined with one or more transaction opportunities and transaction historical data to provide a transaction summary.Type: GrantFiled: June 17, 2019Date of Patent: June 13, 2023Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATIONInventors: Elizabeth Daly, Léa Deleris, Martin Stephenson
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Patent number: 11677563Abstract: Distributed ledger-based networks (DLNs) employ self-executing codes, also known as smart contracts, to manage interactions occurring on the networks, which may result in the generation of a massive amount of DLN state data representing the interactions and participants thereof. The instant disclosure discloses systems, apparatus and methods that allow interactions to occur on the DLNs without modification to stored data, thereby improving the storage capabilities of the networks.Type: GrantFiled: April 14, 2020Date of Patent: June 13, 2023Assignee: EYGS LLPInventor: Aminadav Glickshtein
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Patent number: 11675848Abstract: A search request may define a minimum value and a maximum value for a numerical parameter of the search. A plurality of binary searches may identify a minimum entry and a maximum entry, each binary search comprising selecting a single entry and using at least one analytical model to generate a score for the single entry, wherein the score of the minimum entry corresponds with the minimum value and the score of the maximum entry corresponds with the maximum value. The at least one analytical model may be used to generate a score for each of a set of entries between the minimum entry and the maximum entry while ignoring entries outside of the set of entries between the minimum entry and the maximum entry. Entries responsive to the request may be identified within the scored set of entries.Type: GrantFiled: September 14, 2021Date of Patent: June 13, 2023Assignee: Capital One Services, LLCInventor: Fredrick Allen Crable
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Patent number: 11669795Abstract: Disclosed herein are system, method, and computer program product embodiments for identifying and managing emerging risks. Businesses, such as those participating in regulated industries, may need to regularly monitor enforcement actions that are cited in a variety of sources. Embodiments disclosed herein provide for scraping information from those sources and comparing it to existing risk events in order to determine possible discrepancies that should be assessed.Type: GrantFiled: December 14, 2020Date of Patent: June 6, 2023Assignee: Capital One Services, LLCInventors: Lokesh Vijay Kumar, Satish Chikkaveerappa, Sasi Kumar Unnikrishnan, Venkata Satya Parcha, Ponnazhakan Subramanian, Rhic Chowdhury, Nimish Mangal, Ryan M. Parker, Jacob Adair, Chris Demchalk, Lavika Aggarwal, Nishant Sinha
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Patent number: 11669899Abstract: Systems, methods, and computer program products to provide credit decisioning based on graph neural networks. A lending network graph of a plurality of loans may be received, each loan associated with a creditor and one account. A first node of the graph may be associated with a first creditor and the second node may be associated with a first account. A graph neural network may receive a respective message from each node connected to the first node, each message comprising an embedding vector reflecting a current state of the node. The graph neural network may update weights for the first node in a forward pass. The graph neural network may receive a respective message from each node connected to the second node, each message comprising the embedding vector reflecting the current state of the node. The graph neural network may update weights for the second node in a backward pass.Type: GrantFiled: December 20, 2021Date of Patent: June 6, 2023Assignee: Capital One Services, LLCInventors: Mohammad Reza Sarshogh, Christopher Bruss, Keegan Hines
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Patent number: 11669866Abstract: A method of providing a personalized advertisement campaign includes receiving from a financial institution anonymized customer data associated with a plurality of customers of the financial institution, creating key lifestyle indicators, which describe customer attributes, from the anonymized customer data, delivering online a pre-advertisement to at least one selected customer of the plurality of customers, receiving a prospective unique customer identification code from the financial institution when at least one prospective customer accepts the pre-advertisement, matching the prospective unique customer identification code to at least one prospective customer of the plurality of customers, and delivering a financial application associated with the pre-advertisement to the at least one prospective customer with the matched prospective unique customer identification code.Type: GrantFiled: August 31, 2016Date of Patent: June 6, 2023Assignee: SEGMINT INC.Inventors: Russel Robert Heiser, II, Nathan W. Shahan, Keith Weitz
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Patent number: 11669914Abstract: A system includes a crowdsourcing request circuit that configures parameter(s) of a crowdsourcing request related to obtaining information on a condition of a collateral for a loan, a crowdsourcing publishing circuit that publishes the crowdsourcing request to a group of information suppliers, and a crowdsourcing communications circuit that collects and processes response(s) from the group of information suppliers, and provides a reward to at least one of the group of information suppliers in response to a successful information supply event.Type: GrantFiled: February 3, 2020Date of Patent: June 6, 2023Assignee: Strong Force TX Portfolio 2018, LLCInventor: Charles Howard Cella
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Patent number: 11663660Abstract: An information display system includes a computing system that is configured to implement a user interface, access a first database storing a plurality of loan workout rules, receive loan and borrower data regarding an existing loan, and determine a plurality of loan workout options based on the plurality of loan workout rules and the received loan and borrower data. The plurality of loan workout options are displayed on the user interface.Type: GrantFiled: August 2, 2019Date of Patent: May 30, 2023Assignee: Wells Fargo Bank, N.A.Inventors: Seung Koo, Jan M. Emter, Mario Nardi, Richard C. Edwards, Archana Bhandary Upadhyay, Manoj S. Magavi
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Patent number: 11663659Abstract: Systems and methods for assessing a credit exposure risk are provided. The methods include collecting credit facility data from at least one credit lender server device; determining, based on the credit facility data, at least one feature vector that is associated with at least one credit borrower device; applying at least one escalation rule to the feature vector; determining whether the at least one feature vector satisfies the applied escalation rule; and when the at least one feature vector is determined as not satisfying the applied escalation rule, performing an escalation action with respect to an entity associated with the credit borrower device.Type: GrantFiled: June 7, 2019Date of Patent: May 30, 2023Assignee: JPMORGAN CHASE BANK, N.A.Inventors: Satyajit Balkrishna Saste, Ashwin Sangtani, Mark T. Dibattista, Benjamin F. Sylvester, III, James Glynn
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Patent number: 11663663Abstract: The present disclosure relates to systems and methods for generating real-time quotes using machine learning algorithms. The system may include a processor in communication with a client device, and a storage medium storing instructions that, when executed, cause the processor to perform operations including: receiving an image of a vehicle from the client device, extracting one or more features from the image, based on the extracted features and using a machine learning algorithm, identifying one or more attributes of the vehicle, based on the identified attributes of the vehicle, determining a make and a model of the vehicle, obtaining comparison information based at least in part on the determined make and model, estimating a quote for the vehicle based on the comparison information; and transmitting the estimated quote for display on the client device.Type: GrantFiled: September 28, 2022Date of Patent: May 30, 2023Assignee: Capital One Services, LLCInventors: Qiaochu Tang, Sunil Subrahmanyam Vasisht, Stephen Michael Wylie, Geoffrey Dagley, Micah Price, Jason Richard Hoover
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Patent number: 11663625Abstract: By intercepting a natural language communication of a protected party, the communication is monitored, wherein the protected party is a human being. Within the monitored communication using a natural language processing engine, a natural language interaction between the protected party and a second party is detected. To determine an interaction pattern, the natural language interaction is analyzed. The interaction pattern includes data derived from the monitored communication, metadata of the protected party, and metadata of the second party. Using the interaction pattern and an interaction behavior model, an adverse result of the natural language interaction is predicted, wherein the adverse result comprises an economic loss to the protected party. By notifying the protected party, the predicted adverse result is intercepted.Type: GrantFiled: February 24, 2022Date of Patent: May 30, 2023Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATIONInventors: Daniel M. Gruen, Nicola Palmarini, Olivia Choudhury, Panagiotis Karampourniotis, Issa Sylla, Morgan Foreman
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Patent number: 11663592Abstract: The disclosed embodiments provide a system that verifies user access to accounts. One example method involves: receiving a request to access a feature of a first account; obtaining, from a data repository, one or more transactions of a first account; obtaining, from the data repository, one or more transactions of a second account; matching at least one of the one or more transactions of the first account to at least one of the one or more transactions from the second account; generating a first verification of ownership of the first account by a user based on the matching at least one of the one or more transactions of the first account to the at least one of the one or more transactions from the second account; and enabling the user to access the feature of the first account based on the first verification of ownership.Type: GrantFiled: July 28, 2021Date of Patent: May 30, 2023Assignee: INTUTI, INC.Inventor: Andrew B. Firstenberger
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Patent number: 11663631Abstract: A method of providing a personalized advertisement campaign purpose includes: receiving from a financial institution anonymized customer data associated with a plurality of customers of the financial institution and a prospective unique customer identification code associated with the plurality of customers of the financial institution; creating key lifestyle indicators, which describe customer attributes, from the anonymized customer data; receiving from the financial institution an authenticated unique customer identification code that is matched to authenticated data from at least one prospective customer of the plurality of customers of the financial institution; matching the prospective unique customer identification code to the authenticated unique customer identification code; matching the authenticated unique customer identification code to at least one key lifestyle indicators of the plurality of customers; and delivering a financial application form associated with the matched key lifestyle indicatoType: GrantFiled: August 31, 2016Date of Patent: May 30, 2023Assignee: SEGMINT INC.Inventors: Russel Robert Heiser, II, Nathan W. Shahan, Keith Weitz
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Patent number: 11651425Abstract: Disclosed herein is a digital lending platform with integrated product, pricing, and eligibility. The digital lending platform includes, in some embodiments, one or more server hosts supporting an application stack of the digital lending platform. The application stack includes a loan-product database, a pricing algorithm, and an eligibility rules engine. The loan-product database includes each loan product of a number of loan products offered through the digital lending platform. The pricing algorithm is configured to determine a price for each loan product of the number of loan products. The eligibility rules engine includes eligibility rules for each loan product of the number of loan products. Also disclosed herein is a computer-implemented method of the digital lending platform with the integrated product, pricing, and eligibility.Type: GrantFiled: May 28, 2020Date of Patent: May 16, 2023Assignee: loanDepot.com, LLCInventors: Dino Lack, Dominick Marchetti
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Patent number: 11651375Abstract: Systems, methods, and other embodiments for ML-Based automated below-the-line threshold tuning include, in one embodiment, training an ML model to predict probabilities that an event is fraudulent on a set of events (i) sampled from a set of historic events labeled by an alerting engine as either above-the-line events or below-the-line events on either side of a threshold line indicating that an event is suspicious, and (ii) confirmed to be either fraudulent or not fraudulent; determining that the alerting engine should be tuned based on differences between probability values predicted for the events by the trained machine learning model and the labels applied to the events; generating a tuned threshold value for the threshold line based at least in part on the probability values predicted by the machine learning model; and tuning the alerting engine by replacing a threshold value with the tuned threshold value to adjust the threshold line.Type: GrantFiled: June 15, 2021Date of Patent: May 16, 2023Assignee: Oracle Financial Services Software LimitedInventors: Jian Cai, Sunil J. Mathew
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Patent number: 11640146Abstract: A controller for making initiating actions in a building management system (BMS) is shown. The controller includes a processing circuit configured to receive location data relating to the building occupant located at a first location outside of a building. The processing circuit is configured to, in response to determining the first location is within a first distance range of the building, provide control signals to a first subsystem of the BMS. The processing circuit is configured to receive location data relating to the building occupant located at a second location outside of the building. The processing circuit is configured to, in response to determining that the second location is within a second distance range of the building, provide control signals to a second subsystem of the BMS.Type: GrantFiled: March 19, 2021Date of Patent: May 2, 2023Assignee: JOHNSON CONTROLS TYCO IP HOLDINGS LLPInventors: Amit R. Patil, Steve E. Trivelpiece, Michael J. Paolella, Richard John Campero, Michelangelo Palella, Sanjeev Hasiza
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Patent number: 11636538Abstract: A system and method for providing a corporate “co-signor” for potential purchasers of an automobile who do not meet captive lender or standard bank approval guidelines. The corporate co-signor does not sign or execute loan documents alongside the purchaser in a manner similar to co-signors in the prior art, but instead guarantees the loans that are underwritten using a “cosignloan” product implemented in agreement with a captive lender. The loan is based on a payment-to-income (PTI) basis, supported by the security provided by the corporate co-signor. The dealer will then be able to use the “cosignloan” product parameters to provide appropriate new, used, or certified pre-owned vehicles to the customer/purchaser. The corporate co-signor receives an administration fee for each loan. The administration fee, in one embodiment, is sent to a reserve account by the captive lender from the dealer booking proceeds.Type: GrantFiled: August 10, 2020Date of Patent: April 25, 2023Inventor: David Barber
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Patent number: 11636541Abstract: A device may receive application questions for an individual applying for credit with an organization. The device may broadcast the application questions to additional devices that have access to a distributed ledger for sharing credit worthiness information to cause at least one of the additional devices to generate an application response to the application questions and to process the application response using a smart contract. The device may receive one or more application responses that have been encrypted. Each of the application responses may include particular credit worthiness information relating to the individual. The device may decrypt the application responses. The device may determine a credit worthiness score for the individual using the application responses. The device may perform one or more actions that allow the device or another device associated with the organization to use the credit worthiness score to determine whether to approve the individual for credit.Type: GrantFiled: June 4, 2021Date of Patent: April 25, 2023Assignee: Capital One Services, LLCInventors: Jeremy Phillips, Kurry Tran
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Patent number: 11636537Abstract: A method of providing a loan credit to a customer before the customer requests the loan comprises obtaining, by a server, personal information for a customer by a credit broker application executing on the server, executing, on the server, a plurality of lender approval models using the personal information for the customer as input to each lender approval model, where each lender approval model is stored on the computer system in a byte code format as part of a private blockchain system, generating, by the server, a plurality of loan, evaluating, by a credit broker application executing on the server, the plurality of loan approvals based on a credit broker rule set, selecting, by the credit broker application, one of the loan approvals by the credit broker application, and presenting information to the customer comprising the terms of the selected loan approval by the credit broker application.Type: GrantFiled: March 26, 2019Date of Patent: April 25, 2023Assignee: StreamSource TechnologiesInventors: Tushar Srivastava, Prerit Srivastava, Mayank Tewari
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Patent number: 11636454Abstract: Systems and methods are provided for routing transactions from ATMs. In one embodiment, a method is provided that includes receiving a unique identifier that corresponds to a transaction requested by a user. In certain implementations, the unique identifier may be presented to the user by a third party separate from a provider of the ATM. The method may further include routing the unique identifier to an application programming interface affiliated with a provider of the ATM to confirm the transaction's validity. In certain implementations, the method may further comprise implementing the transaction and updating a settlement account to reflect the transaction.Type: GrantFiled: April 9, 2020Date of Patent: April 25, 2023Assignee: NCR CorporationInventors: Jerry McCarley, Mohammad Fraz Ahmed, Michael Winbun, Tammy Marks, Brad Nolan, Paul Gardiner
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Patent number: 11631128Abstract: Techniques described herein are directed to lending products with different repayment mechanisms. In an example, indication(s) of purchase(s) made using a payment instrument associated with a first lending product can be associated with a first data structure, wherein the first data structure is associated with a balance determined based at least in part on the indication(s). Based at least in part on determining that the balance exceeds a predetermined threshold, a portion of the balance can be associated with a second data structure associated with a second lending product, wherein the first lending product and the second lending product are independently associated with different repayment mechanisms. The portion of the balance can therefore be repaid via a repayment mechanism associated with the second lending product.Type: GrantFiled: July 2, 2020Date of Patent: April 18, 2023Assignee: BLOCK, INC.Inventors: Theodore Wenjung Mao, Jacquelyn Brosamer, Joshua Schwarzapel, Taylor Hunt
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Patent number: 11627134Abstract: Disclosed are various embodiments for facilitating the cancellation or reversion of unauthorized operations. An operation initiated to be executed with respect to a user account is received from a computing device that has been authenticated. A notification of the operation is sent through at least one communication channel in response to receiving the operation. The notification facilitates a reply that causes the operation to be cancelled when the reply is sent within a first time period and causes the operation to be reverted when the reply is sent within a second time period after an expiration of the first time period.Type: GrantFiled: September 12, 2019Date of Patent: April 11, 2023Assignee: AMAZON TECHNOLOGIES, INC.Inventors: Robert E. Lee, Harnil C. Rafalia, Bradley Vivian Quadros
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Patent number: 11625775Abstract: The Advantage2U® system is an on-line system that increases the buying power of customers, enables customers to pay down a vehicle loan more quickly than the standard payments for the loan term would allow, and enables customers with negative equity in a vehicle loan to more quickly reach a position of positive equity. The Advantage2U system accomplishes this by collecting weekly payments from customers, instead of monthly payments from the customers. Since vehicle loans require monthly payments, the Advantage2U system collects one quarter of the total monthly payment per week. However, since this results in the customer paying one quarter of the monthly payment for 52 weeks in a given year, instead of the customer making 12 monthly payments, the customer has effectively made 13 monthly payments in a given year, and the extra amounts paid are directly applied to the principal of the loan.Type: GrantFiled: August 11, 2020Date of Patent: April 11, 2023Assignee: Frazer IP LLCInventor: Michael S. Frazer
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Patent number: 11625792Abstract: A system and method for automated blockchain custody service for managing a set of custodial assets includes a blockchain service circuit structured to interpret a plurality of access control features corresponding to parties associated with a secured loan; a data collection circuit structured to receive first collateral data from at least one sensor associated with the collateral used to secure the loan; receive second collateral data regarding an environment of the collateral from an IoT circuit; and associate the first collateral data and second collateral data with a unique identifier associated with the item of collateral, wherein the blockchain service circuit is structured to store the unique identifier and associated collateral data as blockchain data; a smart contract circuit structured to create a smart lending contract; and a secure access control circuit structured to receive access control instructions from a lender of the loan via an access control interface.Type: GrantFiled: February 28, 2020Date of Patent: April 11, 2023Assignee: Strong Force TX Portfolio 2018, LLCInventor: Charles Howard Cella
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Patent number: 11625730Abstract: In some aspects, a computing system can detect synthetic identities based on attributes associated with online entities. The computing system can generate entity links between primary entity objects and a secondary entity object. The secondary entity object identifies a target consumer as a secondary entity for accounts identified by the primary entity objects. Attributes of the secondary entity object and attributes of the primary entity objects can be calculated and compared to determine an inconsistency between a combination of a name attribute value and an address attribute value of the secondary entity object as compared to the primary entity objects. A fraud warning indicating that the target consumer is likely to be a synthetic identity can be generated based on the inconsistency and other attributes of the target consumer, such as an inquiries attribute, a terminations attribute, a duration attribute, and so on.Type: GrantFiled: November 26, 2018Date of Patent: April 11, 2023Assignee: EQUIFAX INC.Inventors: Rong Liu, Nian Yan, John D. Ray, Jr., Sriram Tirunellayi
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Patent number: 11625569Abstract: Systems and methods are provided to identify abnormal transaction activity by a participant that is inconsistent with current conditions. Historical participant and external data is identified. A recurrent neural network identifies patterns in the historical participant and external data. A new transaction by the participant is received. The new transaction is compared using the patterns to the historical participant and external data. An abnormality score is generated. An alert is generated if the abnormality score exceeds a threshold.Type: GrantFiled: March 23, 2017Date of Patent: April 11, 2023Assignee: Chicago Mercantile Exchange Inc.Inventors: Ari Studnitzer, David Geddes, Inderdeep Singh
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Patent number: 11620703Abstract: Disclosed is a mobile CRM application, particularly for real estate agents, that allows the management of: (1) registration, (2) prospecting, (3) tours, and (4) transaction tracking for a large number of leads, customers and clients from a smartphone.Type: GrantFiled: December 23, 2021Date of Patent: April 4, 2023Assignee: Realtytek, LLCInventor: DeLinda Kay Armstrong
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Patent number: 11620445Abstract: A system and method for implementing an automatic data collection and presentation generator module are disclosed. A database stores a plurality of templates and data components. A receiver receives a request from a user to automatically generate an electronic data presentation based on a template and a limited data set selected from the data components. A processor receives user's credential information corresponding to the received request. The processor also accesses the database to identify a template among a plurality of templates based on user's access permission and verified authentication; hydrates the identified template with the limited data by applying a predefined data injection algorithm that is configured to determine that the limited data set is accessible by the user based on the user's access permission and the verified authentication; and automatically generates the electronic data presentation with the hydrated identified template having the limited data.Type: GrantFiled: September 25, 2020Date of Patent: April 4, 2023Assignee: JPMORGAN CHASE BANK, N.A.Inventors: Trevor D. Jaskot, Jeremy Ake
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Patent number: 11620713Abstract: Methods, systems, and apparatus, including computer programs encoded on a computer storage medium, are described that enable identifying an insurance information associated with a property, retrieving one or more compliance rules related to the insurance information, automatically determining, based on the one or more compliance rules, whether the insurance information has a compliant status or a non-compliant status, in response to determining that the insurance information has the non-compliant status, processing the insurance information, based on one or more exception rules, to generate an exception waiver including a plurality of waiver parameters, applying the plurality of waiver parameters to a waiver model to determine a waiver confidence score, and based on the waiver confidence score selectively generate an insurance certificate for the property.Type: GrantFiled: October 5, 2017Date of Patent: April 4, 2023Assignee: Accenture Global Solutions LimitedInventors: Peter Ashly, Srinivasan Krishnan Rajagopalan, Venkatesan Kamalakannan, Anand Yesuraj Prakash, Manikandan Chandran, Thangaraj Paramasivan, Sivasubramanian Arumugam Jalajam, Loganathan Muthu, Vinu Varghese, Kumar Viswanathan
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Patent number: 11615868Abstract: A system for automated edit check generation is disclosed. The system may write a template edit check based on a custom edit check, add a parameter set for the template edit check, add a value for each parameter of the parameter set, and generate an edit check based on the template edit check, the parameter set, and the value.Type: GrantFiled: May 4, 2020Date of Patent: March 28, 2023Assignee: OMNICOMM SYSTEMS, INC.Inventor: Kim Rejndrup
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Patent number: 11615397Abstract: A method, performed at a mobile device, for accessing a service, comprises: determining, from payment card information stored on or obtained at the mobile device, a list of services that are available in relation to the payment card; receiving a selection of one of the services; determining at least one corresponding communication channel by which the selected service is accessible; and opening the at least one corresponding communication channel to thereby access the service.Type: GrantFiled: January 14, 2021Date of Patent: March 28, 2023Assignee: Mastercard International IncorporatedInventors: Jitendra Singh Wadhwa, Arunmurthy Gurunathan
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Patent number: 11609747Abstract: Decentralized development and deployment of applications is described. An application may be defined as being composed of multiple code libraries, each independently developed and deployed. Packagers of individual code libraries may deploy various versions of respective code libraries in multiple code cells and may further define cell selection criteria for the libraries. An application manifest may be constructed identifying the component code libraries with optional version selection criteria for the libraries. Upon receiving a request for the application for a particular client, a refined manifest for the application may be generated for that client, the refined manifest including identifiers of particular cells for the respective component code libraries. The application may then be generated according to the refined manifest and provided to the client. Subsequent requests for the application for the same client may be serviced according to the refined manifest.Type: GrantFiled: September 29, 2021Date of Patent: March 21, 2023Assignee: Amazon Technologies, Inc.Inventors: Christopher Edward Tidd, Alexander Zaharakis, Luis Antonio Arias
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Patent number: 11610278Abstract: In one embodiment, this invention analyzes demographic data that is associated with a specific street address when presented as an address change on an existing account or an address included on a new account application when that address is different from the reference address (e.g., a credit bureau type header data). The old or reference address and the new address, the new account application address or fulfillment address demographic attributes are gathered, analyzed, compared for divergence and scaled to reflect the relative fraud risk.Type: GrantFiled: October 22, 2019Date of Patent: March 21, 2023Assignee: ID Insight IncorporatedInventors: Robert T. Clark, Adam Elliott
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Patent number: 11610262Abstract: Systems, apparatuses, methods, and computer program products are disclosed for preapproving a loan. An example method includes receiving, from an online marketplace server device, a preapproval request provided by a user for a loan preapproval to purchase a first property. The example method further includes obtaining credit information associated with the user from a credit server device. The example method further includes generating a preapproval data structure based on the preapproval request and the credit information. The example method further includes generating a preapproval token based on the generated preapproval data structure. Subsequently, the example method includes transmitting the generated preapproval token to the online marketplace server device.Type: GrantFiled: April 15, 2022Date of Patent: March 21, 2023Assignee: Wells Fargo Bank, N.A.Inventors: Joon Maeng, Ximing Zhao
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Patent number: 11605090Abstract: Systems for securing transactions based on merchant trust score are disclosed. The system may receive information identifying a merchant from a user device and, in response, retrieve transaction data associated with the merchant and receive website data in response to receiving information identifying the merchant. The system may use a machine learning model to generate a merchant trust score for the merchant, and determine whether the merchant trust score is less than a predetermined threshold. The system may also generate or retrieve an alternative payment method and provide related information or a recommendation to the user device.Type: GrantFiled: May 26, 2020Date of Patent: March 14, 2023Assignee: CAPITAL ONE SERVICES, LLCInventors: Nimma Bhusri, Xiaoguang Zhu, Ljubica Chatman, Lukiih Cuan
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Patent number: 11605127Abstract: Systems and methods for automatic consideration of jurisdiction in loan related actions are disclosed. An example system may include a data collection circuit to determine location information corresponding to each entity involved in a loan; a jurisdiction definition circuit to determine a jurisdiction for at least one of the entities in response to the location information; and a smart contract circuit to automatically undertake a loan-related action for the loan based at least in part on the jurisdiction for at least one of the entities.Type: GrantFiled: May 28, 2020Date of Patent: March 14, 2023Assignee: Strong Force TX Portfolio 2018, LLCInventor: Charles Howard Cella
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Patent number: 11605126Abstract: The concept involves efficiently using machine learning to quickly identify possible fraudulent applications in small business loan and credit applications by automatically flagging applications that meet certain criteria. In one preferred implementation, the tool compares a business description to a selected NAICS code in a loan application to assess the potential for fraud. Specifically, an algorithm can match the leftmost two digits of the selected code with the description of the category from an applicant. An engine calculates a probability of a fraud score based on the matching attached to the application. Because the tool detects fraud proactively rather than reactively, it substantially reduces computational costs and resources and reduces the biases associated with highly intensive manual work.Type: GrantFiled: November 29, 2021Date of Patent: March 14, 2023Assignee: Wells Fargo Bank, N.A.Inventors: Jie Chen, Carmel Nadav, Manish Pandey
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Patent number: 11599863Abstract: A method and apparatus for selecting a financial account associated with a payment object based on fund availability are disclosed. A payment object, such as a proxy card associated with multiple financial accounts, is used by a consumer to make a purchase. In one example, the consumer selects a debit card associated with the proxy card to use for the purchase. A computer system determines that the debit card account has insufficient funds available for the purchase, and determines that an alternate account associated with the proxy card has sufficient funds. The computer system notifies the consumer, via a mobile device of the consumer, that the debit account has insufficient funds, and provides the consumer with the option of using the alternate account. The consumer indicates a desire to use the alternate account, and the computer system processes the payment based on the alternate account.Type: GrantFiled: March 6, 2020Date of Patent: March 7, 2023Assignee: Block, Inc.Inventors: James Paul Thome, Kartik Lamba, Imran Sana Khan
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Patent number: 11593885Abstract: A regularization-based (RB) hedging tool identifies a recommended hedging portfolio that track a target asset and provides one or metrics indicating a predicted performance of the hedging portfolio relative to the target asset. The RB hedging tool uses a RB hedging model that is trained on price data from an observation period. Initial hyperparameters for the model are selected using asset price data from a validation period and the performance of the model is evaluated by applying it to asset price data from a backtest period. The end-user is presented with one or more metrics indicating the performance of the model and may modify one or more settings (e.g., hyperparameters) of the model. The model is retrained and reapplied to the backtest period, and the metrics are updated. Thus, end-users may tailor the model to their own particular needs and preferences.Type: GrantFiled: March 5, 2021Date of Patent: February 28, 2023Assignee: Goldman Sachs & Co. LLCInventors: Charles Peter Elkan, Dimitrios Tsementzis, Matthew William Turk, James Dunworth-Crompton
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Patent number: 11593351Abstract: A device configured to receive a first current status for a user account from a provisioning service device. The device is further configured to query a status log using to determine a second current status of the user account. The device is further configured to compare the first current status for the user account from the provisioning service device to the second current status of the user account in the status log, to determine the first current status for the user account does not match the second current status of the user account, and to update one of the status log and the provisioning service device in response to determining that the first current status for the user account does not match the second current status of the user account.Type: GrantFiled: September 22, 2020Date of Patent: February 28, 2023Assignee: Bank of America CorporationInventors: Christopher Papernik, John H. Kling, Nathaniel B. Clark, Brian Russell Iverson, Charles Dudley, Paul Joseph Harding
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Patent number: 11593385Abstract: Documents needing to be analyzed for various reasons, such as financial crimes, are ranked by examining the topicality and sentiment present in each document for a given subject of interest. In one approach a given document is classified to determine its category, and entity recognition is used to identify the subject of interest. Passages from the document that relate to the entity are grouped and analyzed for sentiment to generate a sentiment score. Documents are then ranked based on the sentiment scores. In another approach, a classification probability score is computed for each passage representing a likelihood that the passage relates to a category of interest, and the document is ranked based on the sentiment scores and the classification probability scores. The category classification uses an ensemble of natural language text classifiers. One of the classifiers is a naïve Bayes classifier with feature vectors generated using Word2Vec modeling.Type: GrantFiled: November 21, 2018Date of Patent: February 28, 2023Assignee: International Business Machines CorporationInventors: Mandar Mutalikdesai, Arjun Das, Ratnanu Ghosh-Roy, Sudarsan Lakshminarayanan, Veerababu Moodu, Raunak Swarnkar, Anagha M, Shrishti Aggarwal, Lavina Durgani
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Patent number: 11593876Abstract: In some examples, a payment processing system receives transaction information of transactions performed by a plurality of merchants. The payment processing system may generate, using one or more trained machine learning classifiers and based on transaction information of a current transaction of a first merchant, a request to a plurality of financial systems. Further, the payment processing system may expose an application programming interface (API) to at least one financial system of the plurality of financial systems for electronic communication of financial information at least one of to or from the at least one financial system. Additionally, the payment processing system may generate, using the one or more trained machine learning classifiers and based at least on information obtained from the at least one financial system, via the API, one or more payment actions for the first merchant to perform using the payment processing system.Type: GrantFiled: January 21, 2021Date of Patent: February 28, 2023Assignee: BLOCK, INC.Inventors: Adam Jeremy Fern, Andrew Kimball, John Bryan Scott, Brian Boates