Systems and methods for performing a financial trustworthiness assessment
First Claim
1. A method of assessing a consumer'"'"'s financial trustworthiness, comprising:
- receiving a request to determine the financial trustworthiness of a consumer, wherein the request is not associated with only a single check transaction;
accessing at least a database of check transaction information; and
determining financial trustworthiness of the consumer based at least in part on an analysis of the check transaction information.
3 Assignments
0 Petitions
Accused Products
Abstract
Systems and methods are described in connection with a financial trustworthiness assessment service that provides an assessment of an individual'"'"'s financial trustworthiness that is not necessarily on credit bureau information. The financial trustworthiness assessment is based, at least in part, on transaction-level financial information associated with the individual, as well as on other data associated with the individual that may be financially-based or otherwise indicative, alone or in conjunction with other data, of financial trustworthiness. For example, the assessment may be based at least in part on information from one or more repositories of information, including, but not limited to a check authorization database, a demand deposit account database, a consumer credit rating database, public data (such as bankruptcy and marriage records), department of motor vehicle records, and other third party data sources.
182 Citations
20 Claims
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1. A method of assessing a consumer'"'"'s financial trustworthiness, comprising:
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receiving a request to determine the financial trustworthiness of a consumer, wherein the request is not associated with only a single check transaction; accessing at least a database of check transaction information; and determining financial trustworthiness of the consumer based at least in part on an analysis of the check transaction information. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A computer-based system for providing a financial trustworthiness assessment of an individual in response to a request, the system comprising:
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a check authorization database; and an assessment engine configured to receive a request for a financial trustworthiness assessment of an individual, wherein the request is not associated with only a single check transaction, the assessment engine further configured to obtain data from the check authorization database and to use the data to perform a financial trustworthiness assessment of the individual. - View Dependent Claims (8, 9, 10, 11, 12)
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13. A method of assessing the creditworthiness of consumer, the method comprising:
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accessing information about check transactions associated with the consumer; accessing credit bureau information associated with the consumer; and determining the consumer'"'"'s creditworthiness based on the check transaction information and the credit bureau information. - View Dependent Claims (14, 15, 16)
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17. A method of assessing a consumer'"'"'s financial trustworthiness, comprising:
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receiving a request to determine the financial trustworthiness of a consumer wherein the request is not associated with a particular demand deposit transaction; accessing at least a database of demand deposit transaction-level information associated with multiple financial entities; and determining financial trustworthiness of the consumer based at least in part on an analysis of the demand deposit transaction-level information. - View Dependent Claims (18, 19, 20)
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Specification