MUMBAI, India, Aug. 8 -- Intellectual Property India has published a patent application (202441007067 A) filed by Mastercard International Incorporated, Purchase, U.S.A., on Feb. 2, 2024, for 'artificial intelligence-based methods and systems for generating merchant-related embeddings for learning merchant behavior.'
Inventor(s) include Anand Vir Singh Chauhan; Maneet Singh; Ushmita Pareek; and Tarun Somavarapu.
The application for the patent was published on Aug. 8, under issue no. 32/2025.
According to the abstract released by the Intellectual Property India: "Embodiments provide methods and systems for generating merchant-related embeddings for learning merchant behavior. The method includes accessing multiple sequence-related features of card-specific sequence(s) of payment transactions. The method further includes generating, via a first Machine Learning (ML) model, multiple sequence-related embeddings. The method includes generating a merchant-specific embedding for each merchant based on aggregating a relevant set of embeddings of the multiple sequence-related embeddings. The method includes generating, via a second ML model, multiple merchant velocity embeddings based on multiple merchant velocity features corresponding to each merchant. The method includes generating a set of concatenated merchant-related embeddings for each merchant based on concatenating the merchant-specific embedding with the multiple merchant velocity embeddings associated with each merchant. The method includes determining, via the second ML model, a merchant behavior pattern corresponding to each merchant based on the set of concatenated merchant-related embeddings and a predetermined collusion threshold."
Disclaimer: Curated by HT Syndication.
