Transaction processing based on statistical classification and contextual analysis

US10949828B2 · kind B2 · utility

Assignee

• International Business Machines Corporation · US

Inventors

• William A. Griffith · Austin, US
• Erik D. Anderson · Austin, US
• Indran Naick · Cedar Park, US

Key dates

• Filing date: Jun 28, 2018
• Grant date: Mar 16, 2021
• Expiry date: Oct 19, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/4015
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A computer-implemented method includes: receiving, by a computing device, transaction information for a transaction, wherein the transaction information identifies one or more items in the transaction; classifying, by the computing device, each of the one or more items; selecting, by the computing device, one or more payment accounts, of a plurality of payment accounts, to use to pay for the one or more items based on the classifying each of the one or more items; and communicating, by the computing device, with one or more payment servers to charge the one or more payment accounts for the one or more items.