Method and system for prevention of violations in offer redemption

A method for processing a rebate request, comprising:

• storing, in an algorithm database, at least one scoring algorithm, wherein each scoring algorithm is associated with at least one offer identification;
• storing, in a consumer database, a plurality of consumer profiles, wherein each consumer profile includes at least a consumer identification, evaluation data, and an account identification;
• receiving, by a receiving device, a rebate request, wherein the rebate request includes at least a consumer identifier, an offer identifier, a rebate amount, and an offer;
• identifying, in the consumer database, a specific consumer profile, wherein the consumer identification of the specific consumer profile corresponds to the consumer identifier of the received transaction information;
• identifying, in the algorithm database, a specific scoring algorithm, wherein the offer identification of the specific scoring algorithm corresponds to the offer identifier of the received transaction information;
• identifying, by a processing device, a redemption validity score based on at least the offer and an application of the specific scoring algorithm to the evaluation data 308 of the specific consumer profile;
• and
• processing a rebate for the rebate amount on a financial account associated with the account identification of the specific consumer profile if the redemption validity score does not exceed a predetermined validity threshold.

A system for determining validity of an offer redemption, comprising:

• an algorithm database configured to store at least one scoring algorithm, wherein each scoring algorithm is associated with at least one offer identification;
• a consumer database configured to store a plurality of consumer profiles, wherein each consumer profile includes at least a consumer identification and evaluation data;
• a receiving device configured to receive transaction information for a financial transaction, wherein the financial transaction includes at least a consumer identifier, an offer identifier, and a redeemed offer;
• a processing device configured to
• identify, in the consumer database, a specific consumer profile, wherein the consumer identification of the specific consumer profile corresponds to the consumer identifier of the received transaction information,
• identify, in the algorithm database, a specific scoring algorithm, wherein the offer identification of the specific scoring algorithm corresponds to the offer identifier of the received transaction information, and
• identify a redemption validity score based on at least the redeemed offer and an application of the specific scoring algorithm to the evaluation data of the specific consumer profile;
• and
• a transmitting device configured to transmit, to an entity associated with the offer identifier of the received transaction information, the identified redemption validity score.

A system for processing a rebate request, comprising:

• an algorithm database configured to store at least one scoring algorithm, wherein each scoring algorithm is associated with at least one offer identification;
• a consumer database configured to store a plurality of consumer profiles, wherein each consumer profile includes at least a consumer identification, evaluation data, and an account identification;
• a receiving device configured to receive a rebate request, wherein the rebate request includes at least a consumer identifier, an offer identifier, a rebate amount, and an offer;
• and
• a processing device configured to
• identify, in the consumer database, a specific consumer profile, wherein the consumer identification of the specific consumer profile corresponds to the consumer identifier of the received transaction information,
• identify, in the algorithm database, a specific scoring algorithm, wherein the offer identification of the specific scoring algorithm corresponds to the offer identifier of the received transaction information,
• identify a redemption validity score based on at least the offer and an application of the specific scoring algorithm to the evaluation data of the specific consumer profile, and
• process a rebate for the rebate amount on a financial account associated with the account identification of the specific consumer profile if the redemption validity score does not exceed a predetermined validity threshold.