Mastercard International Incorporated

Harry Chen

Todd Christian Lowenberg

Michael Lester Zhao

Nikhil Malgatti

Dhruv Akhauri

Kimberly Ann Purcell

Nigel Noyes

Shweta Jain Chaudhury

A method for determining an economic impact of a candidate event includes receiving an event type identifier representing an event type of a candidate event to occur, and building a reference data store including historical transaction data records of payment transactions occurring in reference geographic areas associated with a reference event having the event type identifier. The method also includes generating a reference model from the historical transaction data records the models a reference number of active accounts and active merchants within a reference geographic area during a period of time associated with the reference event occurring in the geographic area. The method further includes determining a predicted number of active accounts and active merchants within the target geographic area using the reference model, and determining a predicted consumer spend using a predicted spend model. The method also includes generating an economic impact report including the consumer spend.

Systems and methods for determining economic impact of an event within a geographic area

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Port Chester, NY, United States of America

Harry Chen