Block, Inc.

Emily McLinden

Theodore Kosev

Linnea Perelli-Minetti

Caroline Hollis

Connor H Dunn

One or more processors receive, from a payroll application, payroll data specifying employment and payroll information associated with an employer. The payroll application is associated with a payment service. Transaction data is received specifying payments between one or more customers and the employer. A trained model is used to generate a risk score based at least in part on the payroll data and the transaction data, the model having been trained using past payroll data and past transaction data associated with a plurality of merchants. Based at least in part on determining that the risk score satisfies a threshold, an instruction is sent to cause the payroll application to present an interface element in a user interface of the payroll application, Selection of the interface element triggers a delay of an electronic withdrawal of funds from the employer account from a first date to a later date.

Electronic payroll funds transfer delay and failed transfer coverage

The proposed system allows merchants to have more time to finalize payroll and to have access to capital for payroll processing. This system/process may include identifying eligible employer devices based on a risk score and transaction data received by the system. The system and process further includes providing an interface element via a user interface that activates a delay upon selection, and delaying initiation of an electronic payroll payment from a first date to a second date responsive to receiving selection of the interface element.

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San Francisco, CA, United States of America

Emily McLinden