REAL-TIME NAMED ENTITY BASED TRANSACTION APPROVAL

A system for stable and streamlined transaction approval includes a rule management server and an authorizer server. The rule management server is configured to receive a transaction rule that includes a list of named entities specified by a client. The rule management server stores past transaction...

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Bibliographische Detailangaben
Hauptverfasser: Meier, Paul Alexander, Langer, Ariel Petren, Charles, Geoffrey Jacques, Lee, Calvin Jun-Gong, Goldfield, Ori Ephraim, Patel, Veeral Dilip, Atiyeh, Karim
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:A system for stable and streamlined transaction approval includes a rule management server and an authorizer server. The rule management server is configured to receive a transaction rule that includes a list of named entities specified by a client. The rule management server stores past transaction data and analyzes patterns in the past data to determine a named entity identification rule. The authorizer server receives a transaction data payload related to a pending transaction associated with the client and identifies a noisy data field in the transaction data payload. The noisy data field includes a representation of a particular named entity and one or more irrelevant strings. The authorizer server parses the particular named entity based on the named entity identification rule and determines whether the particular named entity is one of the named entities in the list. The authorizer server conducts a transaction evaluation using the result.