Patent ID: 8417561
Filing Date: 2013-04-09
Classification: G06Q

Abstract:
1. A computer-implemented method for assessing a geographic region, the method comprising: collecting transaction data from a plurality of transactions involving a business-merchant and a consumer; storing the transaction data in a transaction database; determining, using a computer processing device, geographic-location identifiers configured to be appended to the transaction data based at least partially on a location information of the business-merchant and a home address information of the consumer involved in each of the plurality of transactions; appending the geographic-location identifiers to each of the plurality of transactions of the transaction data in the transaction database, wherein each of the geographic-location identifiers is indicia separate from the collected transaction data; indexing the transaction database by the geographic-location identifiers appended to the transaction data to thereby provide a transaction database searchable by the geographic-location identifiers; providing the transaction database searchable by the geographic-location identifiers appended to the transaction data based at least partially on the indexing the transaction database; providing a search tool associated with the transaction database, the search tool being useable by a user to search the transaction database for transaction data by the geographic-location identifiers appended to the transaction data; receiving an instruction that defines the geographic region to be assessed; obtaining from the transaction database transaction data appended with geographic-location identifiers that correspond to the geographic region; determining, using a computer processing device, change in market dynamics relating to a change in credit risk of the geographic region based at least partially on the obtained transaction data appended with the geographic-location identifiers; and generating, using a computer processing device, a predicted future change in market dynamics of the geographic region corresponding to the determined change in market dynamics based at least partially on the determined change in market dynamics and the obtained transaction data appended with the geographic-location identifiers.