WO2011163251A3 - Systems and methods to predict and prevent potential attrition of consumer payment account - Google Patents

Systems and methods to predict and prevent potential attrition of consumer payment account Download PDF

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Publication number
WO2011163251A3
WO2011163251A3 PCT/US2011/041277 US2011041277W WO2011163251A3 WO 2011163251 A3 WO2011163251 A3 WO 2011163251A3 US 2011041277 W US2011041277 W US 2011041277W WO 2011163251 A3 WO2011163251 A3 WO 2011163251A3
Authority
WO
WIPO (PCT)
Prior art keywords
accounts
attrition
predict
systems
methods
Prior art date
Application number
PCT/US2011/041277
Other languages
French (fr)
Other versions
WO2011163251A9 (en
WO2011163251A2 (en
Inventor
Nathan Kona Falkenborg
Guangyu Wang
Original Assignee
Visa U.S.A. 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
Priority claimed from US13/164,598 external-priority patent/US20110313900A1/en
Priority claimed from US13/164,603 external-priority patent/US20110313835A1/en
Application filed by Visa U.S.A. Inc. filed Critical Visa U.S.A. Inc.
Publication of WO2011163251A2 publication Critical patent/WO2011163251A2/en
Publication of WO2011163251A3 publication Critical patent/WO2011163251A3/en
Publication of WO2011163251A9 publication Critical patent/WO2011163251A9/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
    • G06Q30/02—Marketing; Price estimation or determination; Fundraising
    • G06Q30/0201—Market modelling; Market analysis; Collecting market data
    • 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
    • G06Q30/02—Marketing; Price estimation or determination; Fundraising
    • G06Q30/0241—Advertisements
    • G06Q30/0251—Targeted advertisements

Landscapes

  • Business, Economics & Management (AREA)
  • Strategic Management (AREA)
  • Engineering & Computer Science (AREA)
  • Accounting & Taxation (AREA)
  • Development Economics (AREA)
  • Finance (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Game Theory and Decision Science (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Data Mining & Analysis (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

Systems and methods are provided to generate a tool to predict voluntary account attrition in a payment processing system. In one aspect, a computing apparatus includes: a data warehouse configured to store transaction data of accounts issued by a plurality of issuers; and at least one processor configured to calculate values of a first plurality of variables for each of the accounts using the transaction data of the accounts issued by the plurality of issuers. The accounts include attrition accounts and non-attrition accounts. The at least one processor is further configured to identify a second plurality of variables from the first plurality of variables for a predictive model to distinguish, using the values and logistic regression, the attrition accounts from the non- attrition accounts.
PCT/US2011/041277 2010-06-21 2011-06-21 Systems and methods to predict and prevent potential attrition of consumer payment account WO2011163251A2 (en)

Applications Claiming Priority (8)

Application Number Priority Date Filing Date Title
US35679510P 2010-06-21 2010-06-21
US35678510P 2010-06-21 2010-06-21
US61/356,785 2010-06-21
US61/356,795 2010-06-21
US13/164,603 2011-06-20
US13/164,598 US20110313900A1 (en) 2010-06-21 2011-06-20 Systems and Methods to Predict Potential Attrition of Consumer Payment Account
US13/164,598 2011-06-20
US13/164,603 US20110313835A1 (en) 2010-06-21 2011-06-20 Systems and Methods to Prevent Potential Attrition of Consumer Payment Account

Publications (3)

Publication Number Publication Date
WO2011163251A2 WO2011163251A2 (en) 2011-12-29
WO2011163251A3 true WO2011163251A3 (en) 2012-02-09
WO2011163251A9 WO2011163251A9 (en) 2012-03-15

Family

ID=45372046

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2011/041277 WO2011163251A2 (en) 2010-06-21 2011-06-21 Systems and methods to predict and prevent potential attrition of consumer payment account

Country Status (1)

Country Link
WO (1) WO2011163251A2 (en)

Families Citing this family (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2013185220A1 (en) * 2012-06-15 2013-12-19 Edatanetworks Inc. Systems and methods for incenting consumers
US9947028B1 (en) * 2014-02-27 2018-04-17 Intuit Inc. System and method for increasing online conversion rate of potential users

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20030229585A1 (en) * 2002-06-05 2003-12-11 Capital One Financial Corporation Systems and methods for marketing to existing financial account holders
US20050097028A1 (en) * 2003-05-22 2005-05-05 Larry Watanabe Method and system for predicting attrition customers
US20070192167A1 (en) * 2005-10-24 2007-08-16 Ying Lei Methods and systems for managing transaction card customer accounts
US20090271305A1 (en) * 2008-04-23 2009-10-29 Raghav Lal Payment portfolio optimization

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20030229585A1 (en) * 2002-06-05 2003-12-11 Capital One Financial Corporation Systems and methods for marketing to existing financial account holders
US20050097028A1 (en) * 2003-05-22 2005-05-05 Larry Watanabe Method and system for predicting attrition customers
US20070192167A1 (en) * 2005-10-24 2007-08-16 Ying Lei Methods and systems for managing transaction card customer accounts
US20090271305A1 (en) * 2008-04-23 2009-10-29 Raghav Lal Payment portfolio optimization

Also Published As

Publication number Publication date
WO2011163251A9 (en) 2012-03-15
WO2011163251A2 (en) 2011-12-29

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