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1. (WO2006080914) COMPUTER-IMPLEMENTED METHOD AND SYSTEM FOR DYNAMIC CONSUMER RATING IN A TRANSACTION

Pub. No.:    WO/2006/080914    International Application No.:    PCT/US2005/002400
Publication Date: Aug 3, 2006 International Filing Date: Jan 25, 2005
IPC: G06F 17/60
Applicants: I4 COMMERCE INC.
KEITHLEY, Thomas, H.
Inventors: KEITHLEY, Thomas, H.
Title: COMPUTER-IMPLEMENTED METHOD AND SYSTEM FOR DYNAMIC CONSUMER RATING IN A TRANSACTION
Abstract:
Disclosed is a computer-implemented method (100) of rating a consumer in connection with a transaction initiated by the consumer and requesting credit from a credit issuer (28). The method (100) includes the steps of: providing a merchant-based consumer/transaction data set (16) to a central credit issuer database (20); providing a third party credit history data set (24) to the central credit issuer database (20); providing a credit issuer credit history data set (30) to the central credit issuer database (20); determining a consumer rating index variable (12) based upon a scoring formula (34) utilizing at least one data field from the provided data sets; and presenting the consumer rating index variable (12) to the credit issuer (28). A system (10) and apparatus (50) for rating the consumer in connection with this transaction is also disclosed.