PATENT CLAIM ANALYSIS

Application Number: 15868640
Application Type: Utility
Filing Date: 2018-01
Publication Date: 2018-12
Patent Classification: ["235", "380000"]

Abstract:
A method and system for detecting fraud in a payment card network using a pattern of transaction ticket size are provided. The method including receiving transaction information, for a current financial transaction, from at least one of a merchant point of sale (POS) device and a merchant website, the transaction information including a current transaction amount, the transaction information associated with a single payment card cardholder, retrieving a predetermined number of historical transactions for the single cardholder based on the transaction information, and generating a historical spend ticket size pattern based on average ticket size and dispersions for at least one of the same store, similar stores, and relevant merchant categories. The method further including comparing the current transaction amount to the historical spend ticket size pattern and generating a recommendation for approval or decline of the current financial transaction based on the comparison.

Claim (Index 41):
The computer-readable storage media of  claim 38 , wherein the computer-executable instructions further cause the processor to retrieve a predetermined number of historical transactions using the transaction information, the predetermined number of historical transactions including (i) a predetermined number of approved historical transactions and (ii) a predetermined number of declined historical transactions associated with a payment card identifier of the cardholder.

Metadata:
- Claim Count in Document: 56.0
- Percentile: 86.0
- Lexical Diversity: 2.21127
- Patent Class: 235.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15231299', '14640701', '14540794', '14719645', '14479718']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.6560249397964497
- 35 USC 102 Novelty (BERT): 0.5674231408680103
- Combined Prediction Score: 0.6471647599036059
- Mean Citation Score: 354.5805
- Max Citation Score: 523.26984
- Similarity Product: 371.4886080680752

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 0
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test