Dynamic and predictive adjustment of payment attributes based on contextual data and metadata

A method to update a payment attribute of a payment instrument associated with a vehicle of a fleet that includes a plurality of vehicles, the method comprising:

• receiving, at a computing device, route data for a plurality of trips, wherein the route data for each trip of the plurality of trips includes a corresponding geofence region, a corresponding user identifier, a corresponding payment instrument identifier, and a corresponding vehicle identifier for each trip;
• receiving, from a user device, a transmission of one or more data packets generated at a software application executing on the user device, wherein the one or more data packets comprise a user identifier and a vehicle identifier;
• authenticating, by the computing device, the vehicle identifier and the user identifier;
• identifying a first trip of the plurality of trips based on a match of the user identifier and the vehicle identifier with the route data, wherein the first trip is associated with a first payment instrument;
• receiving, at the computing device, first trip data for the first trip from the user device, wherein the first trip data includes at least location data of the user device;
• calculating, based on the received first trip data, a fuel likelihood score for the first trip, wherein the fuel likelihood score is indicative of a degree of validity of a fuel transaction;
• comparing the fuel likelihood score to a first threshold;
• based on a determination that the fuel likelihood score meets the first threshold:
• transmitting, to a computer associated with a payment network, a message to update one or more payment attributes stored at the payment network and associated with the first payment instrument;
• and
• displaying or causing a display, on the application executing on the user device, an indication that the first payment instrument is approved for the fuel transaction;
• and
• based on a determination that the fuel likelihood score does not meet the first threshold and meets a second threshold:
• displaying or causing a display, on the application executing on the user device, a request for additional verification data;
• receiving, from the user device, the additional verification data;
• calculating, based on the additional verification data and the received first trip data, an updated fuel likelihood score for the first trip;
• comparing the updated fuel likelihood score to the first threshold;
• and
• based on a determination that the updated fuel likelihood score meets the first threshold:
• transmitting, to a computer associated with a payment network, a message to update one or more payment attributes stored at the payment network and associated with the first payment instrument;
• and
• displaying or causing a display, on the application executing on the user device, an indication that the first payment instrument is approved for the fuel transaction.