MUMBAI, India, Nov. 21 -- Intellectual Property India has published a patent application (202441038154 A) filed by Mastercard International Incorporated, Purchase, U.S.A., on May 15, 2024, for 'methods and systems for predicting a settlement volume for financial entities.'
Inventor(s) include Puspita Majumdar; Brian M Mcguigan; Gaurav Dhama; Hemant Arora; and Naman Sitesh Maheshwari.
The application for the patent was published on Nov. 21, under issue no. 47/2025.
According to the abstract released by the Intellectual Property India: "Methods and systems for predicting settlement volume for financial entities are disclosed. The method performed by a server system includes accessing a time series dataset including a set of hierarchically linked time series associated with a plurality of issuer servers. Method further includes generating a settlement-related features based on the hierarchically linked time series corresponding to each issuer server. Method further includes determining, by an optimal machine learning model a settlement volume prediction for each issuer server based on the settlement-related features corresponding to each issuer server. Method further includes computing an adjusted settlement volume for each issuer server based on the settlement volume prediction and the hierarchically linked time series corresponding to each issuer. Method further includes facilitating transmission of a settlement volume prediction message including the corresponding adjusted settlement volume to each issuer server."
Disclaimer: Curated by HT Syndication.
