FINANCIAL DISTRESS RATING SYSTEM
First Claim
1. A system, comprising:
- a memory to store computer-executable instructions; and
a processor, communicatively coupled to the memory, which facilitates execution of the computer-executable instructions to at least;
receive location data associated with a mobile device account;
determine contextual information based on the location data;
receive transaction information associated with the mobile device account; and
determine a financial distress rating for the mobile device account based on the transaction information and the contextual information.
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Accused Products
Abstract
A financial distress rating system is provided to forecast potential episodes of financial risk. The financial distress rating system can also predict the probability of financial distress at certain times. The financial distress rating system can utilize mobile operator data as well as transaction history of the user to predict with much greater accuracy than profiling methods alone. The forecasts of financial distress can be used to assess the risk of delayed payments (e.g., to the mobile operator, creditors, utilities, services, banks, etc). The forecasts of financial distress can also be used to market goods and services to the customer based on the financial distress rating. For instance, overdraft protection, short term loans, and other financial services can be offered to customers that are facing a period of financial distress.
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Citations
27 Claims
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1. A system, comprising:
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a memory to store computer-executable instructions; and a processor, communicatively coupled to the memory, which facilitates execution of the computer-executable instructions to at least; receive location data associated with a mobile device account; determine contextual information based on the location data; receive transaction information associated with the mobile device account; and determine a financial distress rating for the mobile device account based on the transaction information and the contextual information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A method, comprising:
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receiving, by a system comprising at least one processor, location history data representing a location history of a mobile device associated with a mobile device account; determining, by the system, contextual information based on the location history data; collecting, by the system, transaction history data representing a transaction history associated with the mobile device account; and determining, by the system, a financial risk rating for the mobile device account based on the transaction history data and the contextual information. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20)
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21. A tangible computer-readable storage device comprising computer-executable instructions that, in response to execution, cause a system comprising a processor to perform operations, comprising:
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storing location data associated with a mobile device account, wherein the location data is representative of a location history of a mobile device associated with the mobile device account; receiving a transaction history from the mobile device representing a set of transactions initiated during usage of the mobile device; generating a profile of a user identity associated with the mobile device account based on the location data and the transaction history; and forecasting a probability of financial risk based on the transaction history and the profile. - View Dependent Claims (22, 23, 24, 25, 26, 27)
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Specification