Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2004-05-28
2011-11-22
Cheung, Mary (Department: 3667)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
08065227
ABSTRACT:
Method and system for producing custom behavior scores for use in credit decisioning. A custom credit score takes into account credit bureau attributes and relatively detailed transaction attributes as well as traditional masterfile information for a customer applying for credit on an account. To determine the custom score, accounts at the financial institution are segmented. Segments can be created by grouping accounts into a plurality of clusters based on Euclidean distances between points in a multi-dimensional space, as well as in other ways. The customer's credit score is determined according to a behavior model created for a particular segment of accounts into which the customer's account falls.
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Bank of America Corporation
Cheung Mary
Greene Daniel L
Harris Ryan P.
Moore & Van Allen PLLC
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