Mastercard International Incorporated

Nigel Noyes

Todd Christian Lowenberg

Qian Wang

Michael Lester Zhao

Nikhil Malgatti

Shen Xi Meng

Kimberly Ann Purcell

Dhruv Akhauri

Arun Acharya

Christopher Bracconeri

James An

Harry Chen

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

A method and system include receiving a request to initiate a purchase transaction with a payment card product; generating a message to verify an authenticity of a cardholder of the payment card product, wherein the message includes a request for data about a previous transaction executed with the payment card product; receiving, in response to the generated message, input from the cardholder; comparing the input from the cardholder to stored data associated with the previous transaction; and one of confirming the cardholder as a true owner of the payment card product or denying the cardholder as the true owner of the payment card product based on the comparison. Numerous other aspects are provided.

Authentication using transaction history

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Irvington, NY, United States of America

Nigel Noyes