MUMBAI, India, Sept. 26 -- Intellectual Property India has published a patent application (202441020643 A) filed by Mastercard International Incorporated, Purchase, U.S.A., on March 19, 2024, for 'methods and systems for determining an intent associated with a cardholder to perform repayments.'
Inventor(s) include Aakarsh Malhotra; Alok Singh; Rajat Gajendrakumar Patel; and Tushar Pandurang Kadam.
The application for the patent was published on Sept. 26, under issue no. 39/2025.
According to the abstract released by the Intellectual Property India: "Methods and systems for determining intent of cardholders to perform repayment(s) are disclosed. Method performed by a server system includes accessing features for each payment transaction of cardholder based on unique account identifier (ID) received from financial service provider for ongoing payment transaction. Method includes segregating features into a set of authorization features and a set of non-authorization features based on authorization information associated with the unique account ID. Method includes generating, by a trained temporal Machine Learning (ML)-based model, a set of temporal embeddings from set of authorization features. Method includes generating a set of combined embeddings from the set of temporal embeddings, the set of non-authorization features, and ticket size of the ongoing payment transaction. Method includes computing, by an intent-to-pay ML-based model, an intent-to-pay score of the cardholder for ongoing payment transaction based on the set of combined embeddings, indicating likelihood of the cardholder to perform repayment(s)."
Disclaimer: Curated by HT Syndication.
