This system uses artificial intelligence to predict if a payment is a regular, recurring transaction. When a payment request arrives, a computer server analyzes it using a machine learning model that specifically looks for patterns by comparing how often the transaction happens with different time delays. If the system determines it's a recurring payment, it adds a special "recurrent flag" to the payment request before sending it to the bank, which helps the bank approve these regular payments more successfully.
Why it matters: Filed before the maturation of specialized time-series analysis libraries and cloud ML services. Building and deploying accurate periodicity classifiers is now more streamlined.
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