×

System and method for credit scoring using an identity network connectivity

  • US 8,386,377 B1
  • Filed: 04/22/2008
  • Issued: 02/26/2013
  • Est. Priority Date: 05/12/2003
  • Status: Active Grant
First Claim
Patent Images

1. A method for generating a credit rating for an entity comprising the steps of:

  • providing a network of linked identity records, each identity record comprising identity related information;

    receiving an identity record comprising identity related information;

    linking the received identity record with at least one of the identity records in the network of linked identity records to form a graphical network of related identity records;

    detecting anomalies in the graphical network of related identity records;

    generating a credit rating for the entity based on the detected anomalies in the graphical network of related identity records using a processor, andregenerating the credit rating for the entity, wherein the step of regenerating further comprises the steps of;

    receiving a new identity record comprising identity related information related to the entity, from a third-party source;

    linking the new identity record with the network of linked identity records to form a second graphical network;

    detecting anomalies in the second graphical network of related identity records; and

    regenerating the credit rating for the entity based on the detected anomalies in the second graphical network of identity records;

    wherein a link between a first identity record and a second identity record is created when a characteristic of the identity related information of the first identity record is similar to a characteristic of the identity related information of the second identity record, and the entity has no credit history with a standard credit bureau.

View all claims
  • 12 Assignments
Timeline View
Assignment View
    ×
    ×