ALEXANDRIA, Va., Aug. 20 -- United States Patent no. 12,393,825, issued on Aug. 19, was assigned to The Boston Consulting Group Inc. (Boston).

"Methods and systems for analyzing and predicting transactions" was invented by Arun Karthik Ravindran (Somerville, Mass.), Vincent Francois Faber (Boston) and Jack Chua (Mercer Island, Wash.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems for predicting are disclosed. Records for transactions can be stored, each record comprising an indication identifying items involved in a transaction and an indication of a time elapsed between the transaction and a previous transaction. The records for transactions can be analyzed to produce a probability that t...