System and method for identifying related credit inquiries
AssigneeCsidentity Corporation
InventorsSteven E. Samler, Matthew Hall
Life of this patent
Estimating the term…
Abstract
In one embodiment, a method includes receiving a credit inquiry for a monitored consumer. The method further includes performing at least one credit-inquiry analysis on the credit inquiry. The performing yields at least one of a matched creditor from master creditor records and an inferred credit category based on a lexical analysis. In addition, the method includes, responsive to the performing, determining whether the credit inquiry is related to a previous credit inquiry for the monitored consumer. Further, the method includes, responsive to a determination that the credit inquiry is related to a previous credit inquiry, suppressing a credit alert to the monitored consumer.
Claims20
A system comprising:
- one or more databases configured to electronic files of consumers and information related to credit inquiries on the credit files of the consumers;
- a server computer communicably coupled to the one or more databases, wherein the server computer is programmed to:
- access an electronic file of a monitored user to identify a credit event, wherein the electronic file is stored in a data store;
- extract, from the electronic file information related to the credit event, the extracted information comprising a name of an initiator of the credit event and at least one other field;
- perform name matching using the name of the initiator of the credit event and stored names in master records;
- perform token-based matching using the at least one other field and corresponding fields in the master records;
- perform a lexical analysis of the name of the initiator of the inquiry event;
- determine an agreed-upon multi-module match among the name matching, the token-based matching, and the lexical analysis;
- determine, based at least in part on the agreed-upon multi-module match whether there is a related credit event of the monitored user that occurred within a predetermined window of time of the identified credit event;
- and
- responsive to a determination that there is not a related credit event of the monitored user that occurred within a predetermined window of time of the identified credit event, generate and send an alert of the identified credit event to the monitored user.
A method comprising, by a computer system comprising at least one processor and memory:
- accessing an electronic file of a monitored user to identify a credit event, wherein the electronic file is stored in a data store;
- extracting, from the electronic file information related to the credit event, the extracted information comprising a name of an initiator of the credit event and at least one other field;
- performing name matching using the name of the initiator of the credit event and stored names in master records;
- performing token-based matching using the at least one other field and corresponding fields in the master records;
- performing a lexical analysis of the name of the initiator of the inquiry event;
- determining an agreed-upon multi-module match among the name matching, the token-based matching, and the lexical analysis;
- determining, based at least in part on the agreed-upon multi-module match whether there is a related credit event of the monitored user that occurred within a predetermined window of time of the identified credit event;
- and
- responsive to a determination that there is not a related credit event of the monitored user that occurred within a predetermined window of time of the identified credit event, generating and sending an alert of the identified credit event to the monitored user.
A non-transitory computer readable medium storing software instructions thereon, the software instructions cause a computer system to:
- access an electronic file of a monitored user to identify a credit event, wherein the electronic file is stored in a data store;
- extract, from the electronic file information related to the credit event, the extracted information comprising a name of an initiator of the credit event and at least one other field;
- perform name matching using the name of the initiator of the credit event and stored names in master records;
- perform token-based matching using the at least one other field and corresponding fields in the master records;
- perform a lexical analysis of the name of the initiator of the inquiry event;
- determine an agreed-upon multi-module match among the name matching, the token-based matching, and the lexical analysis;
- determine, based at least in part on the agreed-upon multi-module match whether there is a related credit event of the monitored user that occurred within a predetermined window of time of the identified credit event;
- and
- responsive to a determination that there is not a related credit event of the monitored user that occurred within a predetermined window of time of the identified credit event, generate and send an alert of the identified credit event to the monitored user.
Dependencies are inferred from the claim text.