Systems and methods for optimizing transaction authorization request message to reduce false declines

US11727412B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Brett J. Thomson · Chesterfield, US
• Kyle Williams · Atlanta, US
• David J. Senci · Wilson Heights, US
• Blake Gibbons · Bremerton, US

Key dates

• Filing date: Dec 18, 2019
• Grant date: Aug 15, 2023
• Expiry date: Sep 1, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/405
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Described herein is a data optimization computer system for optimizing transaction authorization request messages directed to an authorizing party. The computer system includes a historical transaction database, a merchant database, and a data optimization computing device. The historical transaction database stores a plurality of historical transaction records. The merchant database stores a first merchant registered with the optimization computer system. The data optimization computing device may analyze at least a subset of the historical transaction records to generate a set of optimization rules. The set of optimization rules identifies optimal values for an optimized transaction authorization request message. The optimized transaction authorization request message may be associated with an improved likelihood of resulting in a positive request outcome.