Methods, systems, networks, and media for generating location based clusters of merchants based on consumer transaction activity
US10922338B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 13, 2017 |
| Grant date | Feb 16, 2021 |
| Priority date | — |
| Expiry date | May 10, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0205
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
An apparatus for generating merchant clusters based upon monitored consumer transaction activity can include a processor configured to communicate with a consumer transaction database. The processor can be configured to obtain transaction activity of consumers. The processor can be configured to generate a reference cluster based on the obtained transaction activity. The processor can be configured to generate at least one regional merchant cluster for each of a plurality of different geographic regions based on the obtained transaction activity. The processor can be configured to generate a cluster labeling scheme, for each of the different geographic regions, based on comparing each regional merchant cluster for that corresponding geographic region against the reference cluster. The processor can be configured to realign cluster labels for each regional merchant cluster for each of the different geographic regions based on the corresponding cluster labeling scheme generated for the corresponding geographic region.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.