Patent ID: 8160960
Filing Date: 2012-04-17
Classification: G06Q

Abstract:
1. A computer implemented method for evaluating current creditworthiness of a current account holder of an account comprising: determining periodically, by at least one computer processor, whether a first data set relating to the current creditworthiness of the current account holder has been received from an organization; determining periodically, by the at least one computer processor, whether a second data set relating to transaction activity of the account has been received; receiving periodically, by the at least one computer processor, from the organization, a third data set relating to the creditworthiness of the account holder; receiving periodically, by the at least one computer processor, a fourth data set relating to the historical activity of the account; analyzing, by the at least one computer processor, the first, second, third, and fourth data sets, to the extent they have been received, to determine the presence of a requirement for calculating a measure of creditworthiness, wherein the requirement is based on at least one triggering event; and using the first and second data sets, by the at least one computer processor, to the extent they have been received, and the third and fourth data sets, to periodically determine the measure of creditworthiness based on the requirement; wherein the at least one computer processor is located in at least one computing device that is communicatively coupled to a network.