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:
Dec. 10, 2024
Filed:
Feb. 12, 2021
Bank of America Corporation, Charlotte, NC (US);
Srinath S. Chakravarty, Plano, TX (US);
BANK OF AMERICA CORPORATION, Charlotte, NC (US);
Abstract
Big data searches, statistical computation and artificial intelligence is leveraged to determine the likelihood that a user will renounce an object post-resource event. Specifically, the present invention relies on object-identifying data and user data to key a plurality of data mining searches of big data sources. In response to extracting responsive data from the big data sources, the present invention implements statistical computing to determine a go/no-go indicator that indicates either that (i) the user is unlikely to renounce (i.e., abandon, fail to use and/or return) the object post-resource event, or (ii) the user is likely to renounce (i.e., abandon, fail to use and/or return) the object post-resource event. Artificial Intelligence (AI) is used to analyze previous likelihood of renunciation determinations to determine a confidence level which is used in the statistical computation of the go/no-go indicator.