Machine learning for determining an API communication

US11593876B1 · kind B1 · utility

Assignee

• Block, Inc. · US

Inventors

• Adam Jeremy Fern · San Francisco, US
• Andrew Kimball · Suwanee, US
• John Bryan Scott · San Francisco, US
• Brian Boates · San Francisco, US

Key dates

• Filing date: Jan 21, 2021
• Grant date: Feb 28, 2023
• Expiry date: Apr 11, 2041

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/20
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In some examples, a payment processing system receives transaction information of transactions performed by a plurality of merchants. The payment processing system may generate, using one or more trained machine learning classifiers and based on transaction information of a current transaction of a first merchant, a request to a plurality of financial systems. Further, the payment processing system may expose an application programming interface (API) to at least one financial system of the plurality of financial systems for electronic communication of financial information at least one of to or from the at least one financial system. Additionally, the payment processing system may generate, using the one or more trained machine learning classifiers and based at least on information obtained from the at least one financial system, via the API, one or more payment actions for the first merchant to perform using the payment processing system.