Stripe, inc. (20240211845). ELECTRONIC DATA VERIFICATION ROUTING USING ARTIFICIAL INTELLIGENCE simplified abstract
Contents
ELECTRONIC DATA VERIFICATION ROUTING USING ARTIFICIAL INTELLIGENCE
Organization Name
Inventor(s)
Donald Vitas M. Piret of Marine Parade (SG)
ELECTRONIC DATA VERIFICATION ROUTING USING ARTIFICIAL INTELLIGENCE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240211845 titled 'ELECTRONIC DATA VERIFICATION ROUTING USING ARTIFICIAL INTELLIGENCE
The abstract of this patent application describes systems and methods for identifying and transmitting electronic requests to a suitable service provider.
- The server receives a request from a computing device to verify data through a service provider.
- A first computer model is executed to determine the likelihood of verification success of the data.
- If the likelihood of verification success meets a threshold, a second computer model is executed to select a service provider based on various attributes.
- The data is then transmitted to the chosen service provider via an application programming interface.
Potential Applications: - This technology can be used in identity verification processes for online transactions. - It can streamline the process of data verification for various industries such as finance, healthcare, and e-commerce.
Problems Solved: - Efficiently identifying and transmitting electronic requests to the most suitable service provider. - Improving the accuracy and success rate of data verification processes.
Benefits: - Enhanced security and reliability in data verification procedures. - Time and cost savings for businesses utilizing this technology.
Commercial Applications: Title: Enhanced Data Verification System for Secure Transactions This technology can be applied in financial institutions, healthcare organizations, and e-commerce platforms to streamline and secure data verification processes, ultimately improving customer trust and satisfaction.
Questions about the technology: 1. How does this technology improve the efficiency of data verification processes? 2. What are the key attributes considered when selecting a service provider for data verification?
Original Abstract Submitted
disclosed herein are systems and methods for identifying and transmitting electronic requests to a suitable service provider. in one method, a server receives, from a computing device, a request to verify data via at least one service provider; executes a first computer model to identify a likelihood of verification success of the data; responsive to the likelihood of verification success satisfying a threshold, executes a second computer model to determine a service provider to transmit the request based on a first attribute associated with the data, a type of verification associated with the request, and a second attribute associated with the set of service providers and an impact value associated with each service provider; and responsive to determining the service provider from the set of service providers, transmitting, by the processor via an application programming interface, the data to the service provider.
