US 12,067,576 B2
Computer-implemented system and method for isolating payment messages having deficient standard data elements
David J. Senci, Troy, IL (US); Kyle T. Williams, Wentzville, MO (US); and John Robert Hierholzer, Upper Nyack, NY (US)
Assigned to Mastercard International Incorporated, Purchase, NY (US)
Filed by Mastercard International Incorporated, Purchase, NY (US)
Filed on Apr. 21, 2020, as Appl. No. 16/853,809.
Prior Publication US 2021/0326894 A1, Oct. 21, 2021
Int. Cl. G06Q 20/42 (2012.01); G06Q 20/38 (2012.01); G06Q 20/40 (2012.01)
CPC G06Q 20/42 (2013.01) [G06Q 20/389 (2013.01); G06Q 20/4016 (2013.01)] 18 Claims
OG exemplary drawing
 
1. A computer-implemented method for isolating transaction records having deficient standard data elements, comprising:
acquiring a first transaction record corresponding to a transactional entity, the first transaction record including a set of standard data fields in a first state;
acquiring a second transaction record corresponding to the transactional entity, the second transaction record including the set of standard data fields in a second state;
analyzing the first state and the second state to identify a deficiency of the standard data fields of one or both of the first transaction record and the second transaction record, the deficiency corresponding to a misclassification of an installment payment transaction of the transactional entity and the analysis including analyzing one or both of the first state and the second state to determine that a merchant associated with the first transaction record and the second transaction record omitted entry of or erroneously entered an installment plan indicator value in a corresponding installment plan indicator standard data field of the set of standard data fields;
storing a record of the misclassification, the record identifying one or both of the first transaction record and the second transaction record; and
on a rolling basis or periodically according to batch processing operations, automatically generating and transmitting a notification to the merchant identifying the deficiency corresponding to the omission or erroneous entry of the installment plan indicator value in the corresponding installment plan indicator standard data field.