298results about "Credit schemes" patented technology

A method of reducing a future amount of electronic fraud alerts includes receiving data detailing a financial transaction, inputting the data into a rules-based engine that generates an electronic fraud alert, transmitting the alert to a mobile device of a customer, and receiving from the mobile device customer feedback indicating that the alert was a false positive or otherwise erroneous. The method also includes inputting the data detailing the financial transaction into a machine learning program trained to (i) determine a reason why the false positive was generated, and (ii) then modify the rules-based engine to account for the reason why the false positive was generated, and to no longer generate electronic fraud alerts based upon (a) fact patterns similar to fact patterns of the financial transaction, or (b) data similar to the data detailing the financial transaction, to facilitate reducing an amount of future false positive fraud alerts.

Systems and methods for conducting transactions using hybrid credit / charge financial instruments are disclosed. A method may include a transaction processing computer program: establishing a hybrid account comprising a pay-in-full portion and a revolving balance portion, the pay-in-full portion having a pay-in-full portion limit, and the revolving balance portion having a revolving balance portion limit; receiving a transaction for a transaction amount involving the hybrid account from a point of transaction device; applying rule(s) to the transaction to identify a pay-in-full amount of the transaction amount for the pay-in-full portion and / or a revolving balance amount of the transaction amount for the revolving balance portion; debiting the pay-in-full portion for pay-in-full amount and / or the revolving balance portion for the revolving balance amount; monitoring the pay-in-full portion and the revolving balance portion for balances and payments; and adjusting the pay-in-full portion limit and / or the revolving balance portion limit based on the monitoring.

Methods and systems are presented for providing a framework for facilitating time-sensitive cryptocurrency transactions for users. When a request for processing a time-sensitive cryptocurrency transaction using funds from a cryptocurrency wallet is received from a user, a transaction system first verifies whether the cryptocurrency wallet has a balance to cover the cryptocurrency transaction. The transaction system also verifies the ownership of the cryptocurrency wallet based on an asynchronous method. The user generates verification data without any input from the transaction system, and based on a private key associated with the cryptocurrency wallet, a generator function, and a user-generated value. Without knowing the user-generated value, the transaction system verifies the ownership of the cryptocurrency wallet based on the verification data, and processes the transaction for the user.

Methods for an electronic token-based payment system includes providing a deferred-payment service by a network-accessible deferred-payment server that performs the steps of processing authorization of digital content purchases for a user account without requiring payment at time of purchase, monitoring a total outstanding purchase balance associated with the user account, and transmitting a settlement request signal to a computer server associated with the financial institution having a credit card account associated with the user for settlement of at least a part of the total outstanding purchase balance when the total outstanding balance exceeds at least one of a predetermined threshold amount and / or accrued over a time that exceeds a predetermined time interval. The transmitted settlement request signal includes information indicative of the total outstanding purchase balance owed, and the electronic token associated with the user of the user account. The electronic token being obtained from a user information database containing electronic tokens associated with corresponding respective user accounts, each token being unique with respect to both a user account of the deferred-payment service for a user, and with respect to a credit card account issued by the financial institution for such user. The token including encrypted information of a characteristic of a user who is associated with the user account, in absence of any information of the user account identification or the credit card account identification, wherein the deferred-payment service has not been provided with, nor has access to, the credit card account identification.

Embodiments include a method of performing math based currency (“MBC”) exchanges. One method includes receiving an exchange request from a merchant point-of-sale (POS) system and determining a merchant POS system accepts MBC payments. The method further includes exchanging, on a published blockchain, an amount of MBC equal to an amount to an MBC account of the merchant POS system and updating a pooled account database. The method further includes updating an overlay ledger to modify an MBC balance of the MBC credit card account held by the customer and broadcasting the exchange to a plurality of MBC verification nodes for verification.

A method of matching transactions to a loan includes receiving a transaction notification associated with customer use of a payment instrument having a persistent PAN for a transaction with a merchant, facilitating payment of the merchant on behalf of the customer in response to the transaction notification, executing a loan matching algorithm with respect to the transaction notification to determine whether to associate the transaction with an existing loan, responsive to the loan matching algorithm determining that the transaction is one of a plurality of transactions of a common purchase event associated with the existing loan, considering the existing loan as a matched loan, modifying the matched loan to include the transaction, responsive to not determining that the transaction is one among the plurality of transactions of the common purchase event, issuing a new loan for the customer based on the transaction, and facilitating servicing the new or modified loan.

Methods and systems for leveraging open banking to include installment payment offerings include receiving a request message for an installment loan offer. The request message is associated with a transaction being performed by a consumer. The request message includes account access credentials associated with an open banking installment offer service account and transaction details associated with the transaction. The account access credentials are validated and the open banking installment offer service account is accessed. One or more installment loan offers are retrieved based on consumer preferences associated with the open banking installment offer service account. The installment loan offers are transmitted to the computer associated with the merchant. A consent message including consumer consent information indicating consent to share open banking data with one or more installment program providers (IPPs) is received. The open banking data is associated with the consumer.

Embodiments include a method of performing math based currency (“MBC”) exchanges. One method includes receiving an exchange request, from a customer computer system, a remote exchange request for an amount. The method further includes exchanging, on a published blockchain, an amount of MBC equal to the amount to an MBC account of the online merchant and updating a pooled account database. The method further includes updating an overlay ledger to modify an MBC balance of the MBC account held by the customer and broadcasting the remote exchange to a plurality of MBC verification nodes for verification.

Systems and methods that employ a ticket voucher to access funds maintained in a gaming establishment account based on multiple cashout inputs received and bypassing an automatic transfer of an amount of funds to the gaming establishment account.

A method is provided for processing micropayments. Micropayments are financial transactions involving relatively small financial amounts that can be difficult for conventional transaction processing systems to handle in a cost-effective and expeditious manner. The improved method uses a virtual micropayment account managed by a transaction processor. The limit of the virtual micropayment account may be adjusted with credit reduction requests and credit reset notices that are sent from the transaction processor to the issuer bank. The issuer bank may use the credit reduction requests and credit reset notices to adjust a temporary credit limit of the credit account from which the micropayments are to be made.

Methods and user interfaces for managing information on computer systems, including, in some embodiments, for managing display of user interface elements based on movement of the computer system, for requesting account information if an account is available, for provisioning an account onto a computer system if provisioning criteria are met, for associating a transfer amount with an account for use with selected transaction types, for displaying user interface elements corresponding to transaction types, for displaying user interface elements based on a quantity of transfer obligations, for entering a numeric digits of a numeric sequence based on a quantity of gestures, and / or for locking a computer system while entering a number sequence.

A system for recommending Buy Now, Pay Later (BNPL) offers receives a request for the recommended BNPL loan offers. The request is associated with a transaction. The system retrieves a BNPL loan offer similarity matrix and a transaction similarity matrix from a database. The system also retrieves consumer historical transaction records associated with the consumer from the database. Using the transaction data, the BNPL loan offer similarity matrix, and the transaction similarity matrix, the system performs both a content-based recommendation calculation and an experience-based recommendation calculation. The system then produces the recommended BNPL loan offers based on the results of the two calculations and transmits the recommended BNPL loan offers to a merchant for completing the transaction.

Various methods and processes, apparatuses or systems, and media for transaction level pricing and balance management are disclosed. A processor receives a plurality of transactions associated with a card; enriches the plurality of transactions by consuming external transaction data associated with each transaction, populating preconfigured internal attributes data, and outputting enriched transactions; publishes the enriched transactions for executing a transaction level pricing and balance management algorithm; consumes the enriched transactions; identifies type of each transaction from the consumed enriched transactions by applying predefined rules; and executes, for each type of transaction, the transaction level pricing and balance management algorithm to perform the following operations at transaction level at the time of transaction posting instead of balance level calculations at cycle time: fee calculations, interest charge calculations, payment allocations, payment reversal processing, balance management at transaction level, service customers with intra cycle financial estimates, remove account processing at accumulated balance level.

A system and method for making credit card to credit card payments. The system may include a processor, a network, a general ledger, a staging element with reconcilement capabilities, an institution account, and a clearing house account. The system may complete a credit card to credit card transaction by utilizing the credit available in a credit card account to reimburse funds utilized through the institution account. The clearing house ensures the transaction is satisfied by both the institution account and the credit card account. The operations may include providing an interface; using generative artificial intelligence to generate a prompt specific to an account associated with the interface; and displaying the prompt to a user of the account.

To provide a terminal capable of recognizing that settlement cannot be performed in a stage before trying the settlement by a settlement server when a user owns a credit card to be used for the settlement and another credit card in which a part of card face information is the same.SOLUTION: The device 10A includes a determination unit 113 that, when an operation of the user U instructing credit settlement using a first credit card is received, determines whether or not first information identical to first information relating to the first credit card is also stored in a storage device 12A storing first information that is a part of identification information uniquely identifying each of a plurality of credit cards that the user U can use for credit settlement, and a display control unit 114A that, when a determination result of the determination unit 113 is affirmative, displays, on a display, that credit settlement cannot be performed.SELECTED DRAWING: Figure 3

Systems and methods are provided for establishing digital account usage in a digital wallet during cross-platform data processing. A user may transact with another user using a digital wallet, such as through a software application, such as purchasing goods, services, or other items from a merchant. The online transaction processor may provide a digital account for payment processing, which may provide financing and installment loan payment services. Where the payment account may be incompatible with the protocols and processes used by the digital wallet, a particular identifier may be pre-provisioned, and proxy data may be generated through exchanged calls and data between the system of the transaction processor and the system of the digital wallet. The identifier may mimic data used by the digital wallet and may also allow tokenization and processing by a token service provider on the payment network.

In some examples, a system receives an indication of a payment for a transaction between a first user and a second user, and initiated using a physical card or a virtual card associated with an account of the first user. A notification representative of the transaction is presented via a user interface of a user device of the first user and includes transaction details associated with the transaction, and further includes an interactive component to enable the first user to finance an amount for at least a portion of the payment in lieu of using funds from the account of the first user. Based on receiving an indication of an interaction with the interactive component, the second user is paid using funds associated with the amount financed. A series of payments are initiated at least from the account of the first user for repayment of at least the amount financed.

A method performed by at least one computing device. The method includes receiving a credit request from a self-checkout device before a customer completes an instore checkout process and sending a request for a Uniform Resource Locator (“URL”) to one or more authentication computing devices. The authentication computing device(s) send the URL to the mobile device. The method includes sending a credit application to the mobile device after the customer selects the URL, receiving a submission of the credit application from the mobile device, approving credit based on the submission, and forwarding a code to the mobile device. The code indicates that the credit is to be used to complete the instore checkout process when scanned by the scanner.

A method for carrying out at least one secure exchange within a system comprising first and second electronic devices (20A, 20B) and a dual reader (10) having means for connecting to each of the devices and preferably a human-machine interface, and at least one server (30) to which information relating to the exchange can be communicated, this method comprising the steps of: a) entering, into the reader (10), using its interface or an external device connected to it, information relating to an exchange to be carried out between the first and second devices (20A, 20B), b) writing into the first device (20A), using the reader (10), information relating to the exchange, c) writing into the second device (20B), in particular using the reader (10), information relating to the exchange, and failing that, canceling the exchange, d) transmitting the data relating to said transaction to said server (30).

The embodiment of the invention provides a business processing method and device, equipment, a storage medium and a program product. Belongs to the technical field of data processing. Comprising the steps that a service signing request is received, and the service signing request comprises a signed account identifier, an associated account identifier and a currency identifier; obtaining a compliance limit corresponding to the currency identifier; if the target associated object corresponding to the associated account identifier is a preset object, acquiring a signed account identifier and credit granting data corresponding to the associated account identifier; determining a protocol limit according to the credit granting data; determining the smaller one of the protocol quota and the compliance quota as a signing quota; if the target associated object corresponding to the associated account identifier is not the preset object, generating a query request, and sending the query request to a server of the target associated object; receiving a target quota, and determining the smaller quota in the target quota and the compliance quota as a signing quota; and performing service signing by adopting the signing quota. According to the method, the problems of fixed signing currency and low signing quota accuracy are solved.

The application discloses a method for processing data sets in credit card fraud transactions based on clustering down-sampling technology, and relates to the application of artificial intelligence field related algorithm. According to the nature of the transaction, the credit card transaction is divided into normal transaction and fraud transaction, and the K-Means clustering algorithm is used for clustering all normal transactions. For each credit card normal transaction cluster obtained by clustering, a new node is created to represent the cluster, and the new node represents the characteristics of the normal transactions with similar characteristics. These new nodes represent the representatives of normal transaction nodes with similar characteristics, and the new nodes of all clusters constitute a new normal transaction set. Finally, the new normal transaction set and the fraud transaction set are combined into a balanced training data set. The application solves the technical problem that the existing technology cannot effectively extract the characteristics of a specific group due to the imbalance of the data set in the credit card fraud detection, resulting in slow operation efficiency and low accuracy.

Implementations of the present application provide data interaction methods and devices. In one example implementation, authorization data for a current interaction are received from a remote server, wherein the authorization data comprises signature information, time information of current authorization, a random number of the current authorization, and a threshold. The authorization data are verified by performing at least one of: comparing the time information comprised in the authorization data with a current time; determining whether the random number comprises in the authorization data exists in a previous data interaction; or determining whether the data of the current interaction exceeds the threshold comprised in the authorization data. Whether to cancel the current interaction is determined based on the verification of the authorization data.

The invention provides a pluggable repayment automatic processing device and method based on a large model. The method comprises the steps that S1, user information is acquired through a visual auditing and automatic repayment module; s2, verifying the obtained user information based on a target platform by using a self-adaptive binding module; s3, acquiring repayment information of the user from the target platform by using the intelligent pluggable integration module; s4, dynamically acquiring a repayment rule by using a dynamic rule engine module; whether the repayment information is matched with the repayment rule or not is judged through an early warning module, and if not, early warning is triggered; and S5, triggering automatic repayment based on the repayment rule and the repayment information through a visual auditing and automatic repayment module.

The application belongs to the field of computer software and engineering information technology, and particularly relates to a compliance risk control and payment management system and method for the engineering construction industry, which comprises: an engineering document intelligent analysis module, which adopts a constructed multi-modal AI model to identify and structure four-tuple information; an engineering project structured modeling module, which constructs a multi-level regional tree model, and associates each leaf node in the tree model with a unit price, a weight and a payment trigger condition agreed in a project contract; a mapping engine, which stores and manages payment rules, and supports parsing natural language clauses into executable logic rules; a dynamic progress payment calculation module, which traverses the multi-level regional tree model, and automatically accumulates corresponding unit prices and engineering quantities; an intelligent early warning and risk control module, which collects multi-dimensional process data of each approval link in real time, and dynamically determines an overdue probability through a pre-constructed risk scoring model. The application can realize high-precision semantic analysis, accurate mapping, dynamic pricing and intelligent risk control.

To ensure even customers unfamiliar with an operation can complete the settlement correctly.SOLUTION: A settlement device 11 includes: first settlement means 114 for performing first settlement using a settlement medium; second settlement means 113 for performing second settlement by a method different from the first settlement means; and notification means 111 for providing a notification when the settlement medium is about to be used with the first settlement means while settlement processing by the second settlement means is selected. The settlement medium is a credit card, and the second settlement means is cash.SELECTED DRAWING: Figure 1

To improve security. [Solution] An information processing device that obtains the result of a first authentication process based on first identification information associated with the body of a card and second identification information stored in a separate storage unit from the card, and the result of a second authentication process based on third identification information associated with the body of a card and fourth identification information stored in a separate storage unit from the card, and determines that a card in which the second authentication process is successful and the first authentication process fails is highly likely to be counterfeit or is actually counterfeit.

The embodiment of the invention provides a credit-based transaction processing method and device, and the method comprises the steps: obtaining an access instruction which is submitted by a payee and aims at a credit transaction service of an application program, submitting a service access request to a server, and then receiving a credit transaction page returned by the server, the method comprises the following steps: receiving a credit transaction page of a payee, submitting transaction parameters input by the payee based on the credit transaction page to a server, receiving and displaying a transaction identifier for carrying out credit transaction returned by the server, scanning the transaction identifier by a payment terminal of a payer carrying out credit transaction with the payee, and submitting a credit transaction request to the server to carry out credit transaction detection; and finally, acquiring a credit transaction result returned by the server after credit transaction determination based on the transaction parameters under the condition that the credit transaction detection is passed, thereby realizing transaction processing between the payee and the payer based on the credit transaction detection.

To provide a payment information management system and a payment information management method with which information on a payment made via a credit card is easily restored.SOLUTION: In a payment information management system 1, a payment terminal 10 obtains information on a credit card that has been used to make a payment, creates payment information according to the card information, sends the payment information and update request information for recording the payment information in ledger information, to a distributed management terminal, and stores the ledger information. The distributed management terminal 30 updates the stored ledger information according to the received update request information and payment information, and sends at least information on the update on the ledger information at least to a payment terminal 10 that differs from the payment terminal 10 via which the update request information has been sent.SELECTED DRAWING: Figure 1