Computer-implemented method, system, and product for processing a loan request
AssigneeVisa International Service Association
InventorsYogesh Kumar, Animesh Mishra, Abhishek Sanwaliya
Life of this patent
Estimating the term…
Abstract
A computer-implemented method includes: obtaining a loan request for a first amount associated with a first merchant in a first geographic region; obtaining merchant data associated with the first merchant and a plurality of second merchants; generating, based on the merchant data, a peer-to-peer risk score associated with the first merchant relative to the second merchants; based on the peer-to-peer risk score associated with the first merchant, generating a loan decision for the first merchant; and communicating a loan response to the first merchant including the loan decision.
Claims20
A computer-implemented method, comprising:
- obtaining, with at least one processor, a loan request for a first amount associated with a first merchant in a first geographic region;
- obtaining, with at least one processor, merchant data associated with the first merchant and a plurality of second merchants;
- generating, with at least one processor and based on the merchant data, a peer-to-peer risk score associated with the first merchant, wherein the peer-to-peer risk score associated with the first merchant is determined relative to the plurality of second merchants;
- based on the peer-to-peer risk score associated with the first merchant, generating, with at least one processor, a loan decision for the first merchant;
- and
- communicating, with at least one processor, a loan response to the first merchant, the loan response comprising the loan decision.
A computer-implemented method, comprising:
- obtaining, with at least one processor, a loan request for a first amount associated with a first merchant in a first geographic region;
- obtaining, with at least one processor, merchant data associated with the first merchant;
- generating, with at least one processor and based on the merchant data, a trigger event that, if completed by the first merchant during a first time period, causes the first merchant to be eligible for a loan for the first amount;
- and
- communicating, with at least one processor, a loan response to the first merchant, the loan response comprising the trigger event.
A system, comprising at least one processor programmed and/or configured to:
- obtain a loan request for a first amount associated with a first merchant in a first geographic region;
- obtain merchant data associated with the first merchant and a plurality of second merchants;
- generate, based on the merchant data, a peer-to-peer risk score associated with the first merchant, wherein the peer-to-peer risk score associated with the first merchant is determined relative to the plurality of second merchants;
- based on the peer-to-peer risk score associated with the first merchant, generate a loan decision for the first merchant;
- and
- communicate a loan response to the first merchant, the loan response comprising the loan decision.
Dependencies are inferred from the claim text.