MERCHANT-CONSUMER BRIDGING PLATFORM APPARATUSES, METHODS AND SYSTEMS
First Claim
1. A merchant consumer bridging low-latency processor-implemented method, comprising:
- receiving an activity request including merchant information associated with a merchant;
retrieving a previously stored merchant record from a database;
determining merchant information update indicia based on a comparison of the merchant information and the previously stored merchant record;
determining a confidence metric for the merchant information update;
retrieving a confidence requirement based on the activity request;
determining, within a low-latency processing time-frame, whether the determined confidence metric satisfies the retrieved confidence requirement;
performing the requested activity and updating the previously stored merchant record with the merchant information update indicia when the determined confidence metric satisfies the retrieved confidence requirement; and
declining the activity request when the determined confidence metric satisfies the retrieved confidence requirement.
1 Assignment
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Accused Products
Abstract
The MERCHANT-CONSUMER BRIDGING PLATFORM APPARATUSES, METHODS AND SYSTEMS (“MCB-Platform”) various activity requests (e.g., transaction request, merchant information update request, offer issuance request, etc.) via MCB-Platform components into transaction records and merchant database updates outputs. In one implementation, a method is disclosed, comprising: receiving an activity request including merchant information associated with a merchant; retrieving a previously stored merchant record from a database; determining merchant information update indicia based on a comparison of the merchant information and the previously stored merchant record; determining a confidence metric for the merchant information update; retrieving a confidence requirement based on the activity request; determining, within a low-latency processing time-frame, whether the determined confidence metric satisfies the retrieved confidence requirement; performing the requested activity and updating the previously stored merchant record with the merchant information update indicia when the determined confidence metric satisfies the retrieved confidence requirement; and declining the activity request when the determined confidence metric satisfies the retrieved confidence requirement.
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Citations
20 Claims
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1. A merchant consumer bridging low-latency processor-implemented method, comprising:
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receiving an activity request including merchant information associated with a merchant; retrieving a previously stored merchant record from a database; determining merchant information update indicia based on a comparison of the merchant information and the previously stored merchant record; determining a confidence metric for the merchant information update; retrieving a confidence requirement based on the activity request; determining, within a low-latency processing time-frame, whether the determined confidence metric satisfies the retrieved confidence requirement; performing the requested activity and updating the previously stored merchant record with the merchant information update indicia when the determined confidence metric satisfies the retrieved confidence requirement; and declining the activity request when the determined confidence metric satisfies the retrieved confidence requirement. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A merchant consumer bridging system, comprising:
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a memory; a processor disposed in communication with said memory, and configured to issue a plurality of processing instructions stored in the memory, wherein the processor issues instructions to; receive an activity request including merchant information associated with a merchant; retrieve a previously stored merchant record from a database; determine merchant information update indicia based on a comparison of the merchant information and the previously stored merchant record; determine a confidence metric for the merchant information update; retrieve a confidence requirement based on the activity request; determine, within a low-latency processing time-frame, whether the determined confidence metric satisfies the retrieved confidence requirement; perform the requested activity and updating the previously stored merchant record with the merchant information update indicia when the determined confidence metric satisfies the retrieved confidence requirement; and decline the activity request when the determined confidence metric satisfies the retrieved confidence requirement.
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20. A merchant consumer bridging processor-readable storage medium storing processor-executable instructions executable by a processor to:
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receive an activity request including merchant information associated with a merchant; retrieve a previously stored merchant record from a database; determine merchant information update indicia based on a comparison of the merchant information and the previously stored merchant record; determine a confidence metric for the merchant information update; retrieve a confidence requirement based on the activity request; determine, within a low-latency processing time-frame, whether the determined confidence metric satisfies the retrieved confidence requirement; perform the requested activity and updating the previously stored merchant record with the merchant information update indicia when the determined confidence metric satisfies the retrieved confidence requirement; and decline the activity request when the determined confidence metric satisfies the retrieved confidence requirement.
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Specification