Registers – Systems controlled by data bearing records – Banking systems
Reexamination Certificate
2006-07-03
2008-08-19
St. Cyr, Daniel (Department: 2876)
Registers
Systems controlled by data bearing records
Banking systems
C235S380000
Reexamination Certificate
active
07413119
ABSTRACT:
A transaction authorization system comprises an authorization engine (18) configured to perform an analysis in relation to a received request for authorization of a current electronic payment transaction and generate an authorization output based on the analysis, and a database (22) storing a plurality of transaction records for past electronic payment transactions. The authorization engine is configured to:access the database to determine one or more distribution functions based on at least some of the stored transaction records,determine one or more intermediate values In relation to the received authorization request based on the one or more distribution functions,determine a conditional probability in relation to the one or more intermediate values based on at least some of the stored transaction records, the conditional probability indicative of a probability of a predetermined transaction result under the condition of the one or more intermediate values, andgenerate the authorization output based on the determined conditional probability.
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Albrecht Norbert
Kubo Takayuki
Cyr Daniel St.
First Data Corporation
Townsend and Townsend / and Crew LLP
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