Patent ID: 7925587
Filing Date: 2011-04-12
Classification: G06Q

Abstract:
1. In a system with a transaction handler processing a plurality of transactions each between an account holder and a merchant upon an account issued to the account holder by an issuer, a computer implemented method comprising: electronically forming, at a merchant computing machine executing software, a merchant transmission destined for an acquirer of a merchant requesting a batch comparison of data about a plurality of said accounts to determine any past changes thereto; electronically receiving, at the merchant computing machine, an acquirer transmission from the acquirer including the past changes, respectively, to each of the accounts among the plurality of said accounts; electronically batch updating, at the merchant computing machine, stored information about each of the accounts among the plurality of said accounts with the respective received past changes thereto; electronically forming, at the merchant computer machine, an authorization request for an issuer to authorize a transaction on one said account among the plurality of said accounts, wherein the authorization request includes at least part of the past changes to the one said account; electronically receiving, at the merchant computing machine, a denial of the issuer to authorize the transaction that is responsive to the authorization request; subsequent to receiving the denial, electronically forming, at the merchant computing machine, a request transmission including a request for the transaction handler to send data about recent changes to the one said account that is more current than the past changes received from the acquirer; electronically receiving, at the merchant computing machine, the data about the recent changes from a database of account records associated with the transaction handler; and electronically querying, at the merchant computing machine, the received data about the recent changes against a predetermined criterion to determine whether to authorize the transaction on the one said account.