SG10201706018WA - Electronic system and method for determining a credit risk score for an online merchant - Google Patents

Electronic system and method for determining a credit risk score for an online merchant

Info

Publication number
SG10201706018WA
SG10201706018WA SG10201706018WA SG10201706018WA SG10201706018WA SG 10201706018W A SG10201706018W A SG 10201706018WA SG 10201706018W A SG10201706018W A SG 10201706018WA SG 10201706018W A SG10201706018W A SG 10201706018WA SG 10201706018W A SG10201706018W A SG 10201706018WA
Authority
SG
Singapore
Prior art keywords
risk score
credit risk
merchant
determining
online merchant
Prior art date
Application number
SG10201706018WA
Inventor
Chebrole Teja
Bhatt Suneel
Rai Siddharth
Original Assignee
Mastercard International Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mastercard International Inc filed Critical Mastercard International Inc
Priority to SG10201706018WA priority Critical patent/SG10201706018WA/en
Priority to US16/043,967 priority patent/US20190026826A1/en
Publication of SG10201706018WA publication Critical patent/SG10201706018WA/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0607—Regulated
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/03—Credit; Loans; Processing thereof

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Engineering & Computer Science (AREA)
  • Strategic Management (AREA)
  • Marketing (AREA)
  • Economics (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Development Economics (AREA)
  • Theoretical Computer Science (AREA)
  • Technology Law (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

Electronic System and Method for Determining a Credit Risk Score for an Online Merchant An electronic system and method is described for determining a credit risk score for an online merchant. The system comprises a transaction database comprising transaction data relating to payment card transactions performed by customers at multiple merchants; a financial performance database comprising financial data relating to multiple merchants selling merchandise through an e-commerce marketplace; and a risk assessment component. The risk assessment component is configured for: i) receiving, from a requester, an electronic request for a credit risk score for an online merchant; ii) extracting transaction data for the merchant and/or for similar merchants from the transaction database; iii) extracting financial data for the merchant and/or for similar merchants from the financial performance database; iv) combining the extracted transaction data and financial data in a statistical model to determine the credit risk score for the merchant; and v) transmitting the credit risk score to the requester. [Figure to print with the abstract: Fig. ] 15
SG10201706018WA 2017-07-24 2017-07-24 Electronic system and method for determining a credit risk score for an online merchant SG10201706018WA (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
SG10201706018WA SG10201706018WA (en) 2017-07-24 2017-07-24 Electronic system and method for determining a credit risk score for an online merchant
US16/043,967 US20190026826A1 (en) 2017-07-24 2018-07-24 Electronic system and method for determining a credit risk score for an online merchant

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
SG10201706018WA SG10201706018WA (en) 2017-07-24 2017-07-24 Electronic system and method for determining a credit risk score for an online merchant

Publications (1)

Publication Number Publication Date
SG10201706018WA true SG10201706018WA (en) 2019-02-27

Family

ID=65022998

Family Applications (1)

Application Number Title Priority Date Filing Date
SG10201706018WA SG10201706018WA (en) 2017-07-24 2017-07-24 Electronic system and method for determining a credit risk score for an online merchant

Country Status (2)

Country Link
US (1) US20190026826A1 (en)
SG (1) SG10201706018WA (en)

Families Citing this family (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11544783B1 (en) * 2016-05-12 2023-01-03 State Farm Mutual Automobile Insurance Company Heuristic credit risk assessment engine
US11593798B2 (en) * 2017-08-02 2023-02-28 Wepay, Inc. Systems and methods for instant merchant activation for secured in-person payments at point of sale
CN108876560B (en) * 2018-07-18 2020-10-02 阿里巴巴集团控股有限公司 Method and device for performing credit evaluation on work publisher based on block chain
CN112930545A (en) * 2019-02-19 2021-06-08 算话智能科技有限公司 System and method for credit evaluation
CN110148052A (en) * 2019-04-17 2019-08-20 深圳壹账通智能科技有限公司 Management-control method, device, computer equipment and storage medium after businessman borrows
CN111563747B (en) * 2020-05-09 2023-11-07 中国工商银行股份有限公司 Processing method and device for merchant credit
CN112541802A (en) * 2020-12-09 2021-03-23 安徽理工大学 Electronic commerce transaction system

Also Published As

Publication number Publication date
US20190026826A1 (en) 2019-01-24

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