SYSTEM AND METHOD FOR DETECTING AND RESPONDING TO TRANSACTION PATTERNS

A system and method for detecting and responding to transaction patterns includes one or more servers having one or more processors, one or more databases communicably coupled to the one or more servers, and one or more remote devices communicably coupled to the one or more servers. The processor(s)...

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Bibliographische Detailangaben
Hauptverfasser: Soufiani, Hossein Azari, Jacobs, Matt, Dell, Adam, Srivastava, Vishal
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A system and method for detecting and responding to transaction patterns includes one or more servers having one or more processors, one or more databases communicably coupled to the one or more servers, and one or more remote devices communicably coupled to the one or more servers. The processor(s) cause the server(s) to: (a) identify one or more time-based patterns in a set of transaction data stored in the one or more databases corresponding to a data pair over a time period using a spectral decomposition of the set of transaction data, (b) classify the identified time-based pattern(s) into at least two pattern categories comprising a recurring transaction and a non-recurring transaction, (c) generate one or more actions for each pattern category, and (d) respond to the identified time-based pattern(s) by causing the one or more remote devices to perform the one or more actions.