PATENT CLAIM ANALYSIS

Application Number: 16227560
Application Type: Utility
Filing Date: 2018-12
Publication Date: 2019-05
Patent Classification: ["705", "064000"]

Abstract:
Raw merchant data of real-time ISO transactions is enriched with normalized merchant data, including a normalized merchant name, a normalized merchant location, by transmitting the raw merchant data to an external resource and receiving the normalized raw merchant data from the external resource. An authorization request from a real-time ISO transaction concerning a specific mobile user can be initiated by a specific merchant device at a merchant location. A user location is obtained and utilized to identify enriched merchant data. It is the enriched merchant data that is used for deciding whether to approve or deny a transaction with more accuracy.

Claim (Index 8):
A non-transitory computer-readable medium comprising source code that, when executed by a processor, performs a computer-implemented method in a data enrichment server device of a fraud prevention system on a data communication network for reducing false declines with real-time approval of ISO transactions based on enrichment of raw merchant data, the method comprising:\n receiving in real-time, at a network communication interface of the data enrichment server device, a specific ISO authorization request having data fields formatted according to an ISO 8583 format, the transaction concerning a specific mobile user and initiated by a specific merchant device at a merchant location, wherein the merchant device controls values within the data fields formatted according to the specific ISO authorization request; receiving, at the network communication interface, a geo-location of the specific mobile user associated with the specific ISO authorization request from a specific mobile device authenticated by the specific mobile user; parsing, with a processor of the data enrichment server, raw merchant data from data fields of the specific ISO authorization request using the ISO 8583 format as a template for specific locations of the data fields; augmenting the raw merchant data of the specific ISO authorization request with enriched merchant data by searching a location-based index of normalized merchant data according to the mobile user location and the raw merchant data, wherein transaction controls available to a merchant name of the enriched merchant data is distinct from transaction controls available to a merchant name of the raw merchant data; and responding in real-time to the specific ISO authorization request with an approval recommendation based on the enriched merchant data responsive to a cache hit with respect to the location-based index and responding in real-time to the specific ISO authorization request with a denial recommendation based on the raw merchant data responsive to a cache miss to the location-based index.

Metadata:
- Claim Count in Document: 15.0
- Percentile: 98.0
- Lexical Diversity: 1.92857
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15182096', '14522355', '14667865', '13084426', '14060439']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1134793014520293
- 35 USC 102 Novelty (BERT): 0.4938315835999348
- Combined Prediction Score: 0.1515145296668198
- Mean Citation Score: 208.051806
- Max Citation Score: 218.29617
- Similarity Product: 145.03390248619974

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

Dataset: test