PATENT CLAIM ANALYSIS

Application Number: 16022205
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2018-11
Patent Classification: ["235", "383000"]

Abstract:
A method for processing transactions receives from a customer, at a merchant computer system, customer account identification information and customer identification information. The method includes encrypting, at the merchant computer system, transaction data corresponding to a transaction between a merchant and the customer. The transaction data is encrypted with an encryption key generated from the customer identification information. The method transmits, from the merchant computer system to a financial institution, the customer account identification information and the encrypted transaction data. The method receives, at the merchant computer system from the financial institution, a notification indicating whether to proceed with the transaction based on whether the encrypted transaction data was successfully decrypted with a decryption key generated from account holder identification information derived from the customer account identification information. The method includes performing, at the merchant computer system, the transaction when the notification indicates to proceed with the transaction.

Claim (Index 7):
The merchant computer system of  claim 6 , in which the at least one processor is further configured to obtain the customer identification information from at least one of a driver's license, a passport, an alien identification card, a resident identification card, a student identification card, a national identification card, a state identification card, an insurance identification card, a social security identification card, a voter identification card, a certificate of legal status, or a combination thereof.

Metadata:
- Claim Count in Document: 35.0
- Percentile: 94.0
- Lexical Diversity: 3.09434
- Patent Class: 235.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15424664', '12726278', '13012728', '13595768', '11318070']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.6298151528475595
- 35 USC 102 Novelty (BERT): 0.5631230040766076
- Combined Prediction Score: 0.6231459379704644
- Mean Citation Score: 382.27228
- Max Citation Score: 505.87134
- Similarity Product: 349.73227297666307

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