Patent ID: 8788420
Filing Date: 2014-07-22
Classification: G06Q

Abstract:
1. A computer-implemented method to generate transaction risk ratings, comprising: receiving, using one or more computing devices, a request to generate a risk rating for a proposed peer-to-peer financial transaction, the request comprising information regarding at least a payment amount for the financial transaction and information identifying a payor for the financial transaction; identifying, using the one or more computing devices, information associated with a plurality of previous peer-to-peer transactions of the payor; identifying, using the one or more computing devices, one or more of the previous peer-to-peer transactions that are related to the proposed transaction based on one or more factors comprising the information in the request; assigning, using the one or more computing devices, a score to each of the related peer-to-peer transactions, the score being based on one or more factors comprising a determination of a level of success of each of the related peer-to-peer transactions; determining, using the one or more computing devices, the risk rating for the proposed transaction based on the scores assigned to the transactions related to the proposed transaction; determining, using the one or more computing devices, a payor risk rating for the payor based on one or more factors comprising an analysis of a portion of the plurality of previous peer-to-peer transactions of the payor; adjusting, using the one or more computing devices, the risk rating for the proposed transaction based on the payor risk rating of the payor; determining, using the one or more computer devices, a strength of social graph connections of the payor to a payee, the strength based on one or more factors comprising a number of segments of the social graph of the payee in which the payor appears and a closeness of a connection between the payor and the payee in the segments of the social graph of the payee in which the payor appears, wherein a higher number of segments in which the payor appears is an indication of a higher strength, and a closer connection on a segment of the social graph of the payee is an indication of a higher strength; adjusting, using the one or more computer devices, the risk rating for the proposed financial transaction based on one or more factors comprising the strength of the social graph connections; and providing for display, using the one or more computer devices, the risk rating for the proposed transaction.