US Patent Issued to Synchrony Bank on Oct. 7 for "Methods of explaining an individual predictions made by predictive processes and/or predictive models" (Utah Inventors)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,218, issued on Oct. 7, was assigned to Synchrony Bank (Stamford, Conn.).

"Methods of explaining an individual predictions made by predictive processes and/or predictive models" was invented by Gregory Dean Jorstad (Draper, Utah) and Thomas Patrick Prendergast (Draper, Utah).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method that includes obtaining a plurality of values each corresponding to one of a plurality of variables. The plurality of variables include variables of interest. The method includes obtaining a prediction for the values from a model, determining metric(s) for each of the variables of interest, and determining...