SYSTEMS AND METHODS FOR USING AGGREGATED MERCHANT ANALYTICS TO ANALYZE MERCHANT LOAN RISK

A method for using aggregated merchant analytics to analyze merchant loan risk is provided. The method includes defining sectors of a geographic region and receiving transaction data for financial transactions occurring within a period of time, the transaction data associated with a plurality of mer...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Hauptverfasser:	Bhattacharjee, Manash, McLaughlin, Edward Grunde
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	A method for using aggregated merchant analytics to analyze merchant loan risk is provided. The method includes defining sectors of a geographic region and receiving transaction data for financial transactions occurring within a period of time, the transaction data associated with a plurality of merchants located in the geographic region. The method also includes identifying, for each merchant, one sector in which the merchant is located. The method further includes generating aggregated merchant analytics for each sector based on the transaction data associated with all merchants in the sector. The method also includes determining a total pending loan amount for a subset of the sectors, each sector in the subset having merchants with loans issued thereto, and calculating a loan risk score for each sector using the aggregated merchant analytics and the total pending loan amount. The method further includes displaying on the user computing device the aggregated merchant analytics.