Real-time electronic service processing adjustments
AssigneePaypal, Inc.
InventorsShitong Huang, Xiaoling Zhang, Silu Tan
Life of this patent
Estimating the term…
Abstract
Systems and methods for real-time electronic service processing adjustments are disclosed. In an embodiment, a computer system may determine that a user account activity has triggered an assessment checkpoint from a plurality of assessment checkpoints in a life cycle of a user account. The computer system may retrieve data from the assessment checkpoint and update a lifetime score for the user account based on the retrieved data. The computer system may update the lifetime score by weighting the retrieved data as one or more features in a linear-weighted lifetime score model, for the life cycle. The computer system may adjust a response threshold for the assessment checkpoint based on the updated lifetime score.
Claims20
A method, comprising:
- receiving, by a transaction processing system, a request from a user to process an electronic transaction, wherein the user has an account with the transaction processing system;
- accessing, based on the request, an assessment checkpoint, the assessment checkpoint comprising information associated with the account, the account being used to conduct a plurality of previous transactions over a previous time period;
- determining, based on the information associated with the account of the user, whether an aggregate value of the plurality of previous transactions conducted over the previous time period exceeds a specified value threshold;
- adjusting, based on the determining, a risk threshold for the user;
- generating, for the user, a risk score that indicates a risk associated with processing the electronic transaction;
- comparing the risk score with the adjusted risk threshold;
- and
- determining whether to process the electronic transaction based on a result of the comparing.
A system of a service provider, comprising:
- a non-transitory memory storing instructions;
- and
- a processor configured to execute the instructions to cause the system to perform operations comprising:
- accessing an electronic transaction that involves an user;
- retrieving a transaction history of the user over a specified time period;
- determining, based on the transaction history, that a value of the user to the service provider exceeds a specified threshold;
- evaluating a risk of processing the electronic transaction at least in part by calculating a risk score of processing the electronic transaction with a risk threshold, wherein the risk threshold has been adjusted upwards or the risk score has been adjusted downwards based on the determining that the value of the user to the service provider exceeds the specified threshold;
- and
- automatically processing the electronic transaction when the risk score is less than the risk threshold.
A non-transitory machine-readable medium having instructions stored thereon, the instructions executable to cause a machine to perform operations comprising:
- accessing a security checkpoint that has been triggered by an activity associated with a first user;
- analyzing data associated with the first user, the data comprising monetary information of previous interactions of the first user with a second user;
- determining, based on the analyzing, that a value of the first user to the second user exceeds a specified threshold;
- adjusting, based on the determining:
- a risk score calculated for the activity of the first user by decreasing the risk score;
- or
- a risk threshold by increasing the risk threshold;
- comparing, after the adjusting, the risk score with the risk threshold;
- and
- performing an action based on a result of the comparing.
Dependencies are inferred from the claim text.