PATENT CLAIM ANALYSIS

Application Number: 15774571
Application Type: Utility
Filing Date: 2018-05
Publication Date: 2018-11
Patent Classification: ["705", "044000"]

Abstract:
This invention relates to a financial transaction system and to a method of operating the same. The system comprises a database configured to store data in a secure fashion; and processors comprising a purchaser receiver module, a security code generating module, a code transmission module, and a merchant receiver module. The purchaser receiver module is configured to receive transaction data associated with a transaction. The security code generating module is configured to generate a timed transaction linked security code in response to receiving transaction data. The code transmission module is operable to transmit the security code for use by a purchaser. The merchant receiver module is configured to receive a security code transmitted by a merchant at an endpoint device, wherein the merchant transmitted code is received from a purchaser in respect of a transaction; and determine whether the security code received is valid so as to process the transaction.

Claim (Index 12):
A financial transaction system as claimed in  claim 5 , wherein the merchant acceptance message comprises at least some transaction data and personal data associated with the purchaser, and wherein the purchaser acceptance message comprises at least personal data associated with the purchaser.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 93.0
- Lexical Diversity: 2.49231
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: True
- Related Applications: ['13746904', '09754465', '14135555', '10066174', '12479738']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1304599749500806
- 35 USC 102 Novelty (BERT): 0.4902050461946797
- Combined Prediction Score: 0.1664344820745405
- Mean Citation Score: 236.46786200000005
- Max Citation Score: 243.42903
- Similarity Product: 188.6924313242733

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

Dataset: test