The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 17, 2022
Filed:
Jan. 03, 2020
Visa International Service Association, San Francisco, CA (US);
Arpita Dutta, Bangalore, IN;
Shilpi Agrawal, Bangalore, IN;
Animesh Tripathy, Bangalore, IN;
Prameela Kavya Thummuru, Bangalore, IN;
Vijayendra Singh, Bangalore, IN;
VISA INTERNATIONAL SERVICE ASSOCIATION, San Francisco, CA (US);
Abstract
A method for detecting merchant category code (MCC) shift behavior is disclosed. A target merchant operating in one or more industries is identified, and a peer set of merchants that operate in the same industries as the target merchant is determined. A first dataset D1 and a second dataset D2 is received. One or more merchant consistency ratios using the first dataset D1 and the second dataset D2 is calculated. An industry ratio for each of the industries and a MCC ratio for the one or more merchants is calculated using the second dataset D2. Whether the target merchant exhibits MCC shift behavior is determined by comparing the merchant consistency ratios to a first threshold, comparing each industry ratio to a second threshold, and comparing the MCC ratio to a third threshold. In response to a determination that the target merchant exhibits MCC shift behavior, an alert is communicated.