Systems and computer-implemented processes for model-based underwriting

US11334941B2 · kind B2 · utility

Assignee

• CAPITAL ONE SERVICES, LLC · US

Inventors

• Antonello Loddo · Gettysburg, US
• Lu Su · Paramus, US
• Leonard Roseman · Richmond, US
• Ram Narayan · Arlington, US

Key dates

• Filing date: Jul 27, 2020
• Grant date: May 17, 2022
• Expiry date: Jul 27, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are disclosed for determining one or more credit lines based on statistical approximations of credit line optimization models. By approximating the results of the optimization model, the disclosed embodiments may provide real-time account level credit line determinations based on fewer criteria than used in the optimization models. Other aspects of the disclosed embodiments are described herein.