US Patent Issued to Worldpay on May 27 for "Systems and methods for predictive analysis of electronic transaction representment data using machine learning" (Indian Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,960, issued on May 27, was assigned to Worldpay LLC (Symmes Township, Ohio).

"Systems and methods for predictive analysis of electronic transaction representment data using machine learning" was invented by Rajiv Ramanjani (Bengaluru, India), Yogendra Katheria (Kanpur, India), Harsh Sharma (New Delhi), Rahul Pramod Nandanwar (Pune, India), Bhanu Sirisha Pothukuchi (Pune, India), Rohit V. Raut (Pune, India) and Milin Kapoor (Pune, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are disclosed for generating a prediction on chargeback representment based on probability data and/or results from a plurality of machine learning mo...