Systems and methods for selective use of risk models to...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S035000, C705S042000, C235S379000, C235S380000

Reexamination Certificate

active

07668776

ABSTRACT:
A risk system that performs a risk assessment of a financial transaction to obtain a first risk score, and based on first risk score performs post-score assessments by selectively utilizing various scoring models and databases. The post-score process re-assesses some of the borderline risks in order to capture beneficial transactions that may fail standard risk assessments that use a cutoff risk score to divide the transactions into either authorized or declined groups.

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