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 32):
The fraud detection computing device of  claim 31 , wherein the transaction information includes a payment card identifier, an identification associated with the merchant or merchant website, a transaction amount, a transaction category, a time and date of when the transaction occurred, and a transaction type.

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): 0.6548964464013937
- 35 USC 102 Novelty (BERT): 0.5704262185971947
- Combined Prediction Score: 0.6464494236209737
- Mean Citation Score: 354.5805
- Max Citation Score: 523.26984
- Similarity Product: 385.1109771427632

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