System, method, and computer program product for predicting payment transactions using a machine learning technique based on merchant categories and transaction time data

This system uses machine learning to predict when and where a person is likely to make a payment transaction. It analyzes past spending habits, specifically looking at merchant categories and specific time segments like days of the week or times of day. Based on these predictions, it creates and sends targeted offers to users for specific merchant categories at specific times.

Why it matters: Filed before the widespread maturation of real-time machine learning platforms and advanced behavioral modeling. The ability to process vast transaction data for highly granular, personalized predictions and offer generation is now more efficient and accurate.

Status: Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build: SpecializedSoftware logic, machine learning models, data infrastructure

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