Parallel Network Authorization to Reduce Payment Processing Delays
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Solution Overview
Problem
The increasing time required for processing payment transactions due to sequential routing of data through centralized services in financial networks leads to delays and network load, causing customer dissatisfaction.
Innovation Solution
Implementing a parallel processing architecture in financial networks that allows simultaneous authorization decisions by the issuer and a payment network hub, using independent signal paths to generate and reconcile authorization decisions independently.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If sequential routing of data through centralized services is used, then centralized processing and control are achieved, but transaction processing time increases significantly
Solution Approach 1:
The patent segments the centralized processing function into multiple independent authorization entities (issuer and payment network hub) that can operate simultaneously. Each entity receives the transaction request through separate signal paths and independently determines authorization decisions, eliminating the sequential bottleneck while maintaining centralized oversight through the hub.
Solution Approach 2:
The patent transitions from a single-dimensional sequential processing approach to a multi-dimensional parallel processing architecture. By introducing multiple independent signal paths and simultaneous authorization determination, the system adds temporal and structural dimensions to the processing workflow, enabling concurrent operations that reduce overall transaction time.
2Reliability
If sequential processing through multiple participants is used, then comprehensive fraud checking is performed, but network load and traffic increase
Solution Approach 1:
The patent merges the fraud checking functions of multiple participants into a unified parallel processing architecture. The issuer and payment network hub simultaneously evaluate fraud risks using different criteria and data sources, then their decisions are consolidated. This combining approach maintains comprehensive fraud checking while reducing network traffic compared to sequential routing.
Solution Approach 2:
The patent creates independent copies of the authorization decision-making process at multiple entities. Each entity receives a copy of the transaction request and independently performs fraud assessment, then the results are reconciled. This copying enables parallel fraud checking without requiring all participants to process every transaction sequentially.
3Productivity
If parallel authorization decisions are generated by multiple entities, then transaction speed increases, but decision complexity and reconciliation requirements increase
Solution Approach 1:
The patent implements feedback mechanisms where the payment network hub receives and monitors authorization decisions from multiple entities. When decisions conflict or require additional information, the hub provides feedback to initiate reassessment procedures. This feedback loop manages the complexity of parallel decisions by establishing clear protocols for resolution without slowing down the overall processing speed.
Solution Approach 2:
The patent changes the parameter of decision-making from sequential to parallel execution. By allowing multiple entities to determine authorization decisions simultaneously and introducing reassessment procedures for conflicting decisions, the system maintains high processing speed while managing complexity through predefined resolution protocols.
Data Source
AI summary
A network management system includes: a memory configured to store instructions; and a parallel processor configured to execute the instructions to: (a) receive a request for a transaction; (b) determine a first authorization decision for the request; (c) determine a second authorization decision for the request; and (d) perform a first procedure when the first authorization decision is different from the second authorization decision. The request corresponds to use of electronic payment for the transaction and wherein the first authorization decision is generated in parallel with generation of the second authorization decision.