US Patent Issued to Ex Parte on July 29 for "Heirarchical prediction models for unstructured transaction data" (Maryland Inventors)

ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,667, issued on July 29, was assigned to Ex Parte Inc. (Bethesda, Md.).

"Heirarchical prediction models for unstructured transaction data" was invented by Jonathan Klein (Bethesda, Md.), Roman Weisert (Bethesda, Md.), Anton Zarovskiy (Bethesda, Md.) and Ivan Hornachov (Bethesda, Md.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and techniques are described for improving the evaluation of unstructured transaction data to, for example, recognize reoccurring data patterns or patterns of interest, predict future outcomes using historical indicators, identify attributes of interest, or evaluate likelihoods of certain conditions occurring. For exa...