Patent ID: 11935136
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A system for extracting location information from transaction descriptions received in response to completed transactions, comprising:
one or more processors; and
one or more memory devices storing instructions that, when executed by the one or more processors, performs operations of:
receiving a transaction description associated with a completed transaction, the transaction description including a first alphanumeric string;
determining, from the transaction description, a merchant identifier associated with the transaction description;
determining known geographical location information corresponding to a location of the determined merchant identifier;
generating at least one second alphanumeric string based on the known geographical location information;
parsing the first alphanumeric string for matches to the at least one second alphanumeric string;
identifying a location identifier based on matching the at least one second alphanumeric string to a portion of the first alphanumeric string; and
removing, based on the identification of the location identifier, the at least one second alphanumeric string from the first alphanumeric string.