System and method for detecting changes in business stability
US8429067B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 17, 2001 |
| Grant date | Apr 23, 2013 |
| Priority date | — |
| Expiry date | May 17, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/03
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for detecting changes in business stability is provided. The system includes a merchant system that receives periodic payment data from one or more users, such as credit card transaction data. A credit processor coupled to the merchant system receives the periodic payment data from the merchant system and stores the periodic payment data, such as when the credit processor is compiling the credit card transaction data for submission to a credit card company. A merchant credit/risk system coupled to the credit processor generates business stability data from the periodic payment data, such as by determining when changes in the periodic payment data exceed allowable variations for such changes.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.