{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11494770","patent":{"patent_number":"US-11494770","title":"Systems and methods for preferring payments using a social background check","assignee":null,"inventors":[],"filing_date":"2021-04-28T00:00:00.000Z","publication_date":"2022-11-08T00:00:00.000Z","cpc_codes":["G06Q","G06F","G06Q","G06Q","G06Q","G06Q"],"num_claims":20,"abstract":"Systems and methods are described for facilitating payments and transactions using social background checks. Such systems and methods may use social networks with both individual members communicating over a network to a social authentication computing system. The authentication of transactions associated financial institutions are determined through the use of relationship measures based on social media interactions. Transactions and services available to a user are determined based on a measure of social identity through the use of social media platforms. Available contact and interaction data from one or more social media platforms is leveraged to analyze a level of trust that a transaction is not a consequence of fraudulent activity. Transactions that have a low level of risk of being a consequence of fraudulent activity are benefited through faster transaction times and other improvements."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems and methods for preferring payments using a social background check","description":"Systems and methods are described for facilitating payments and transactions using social background checks. Such systems and methods may use social networks with both individual members communicating","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11494770","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11494770","citation_suggestion":"Patentable. \"Systems and methods for preferring payments using a social background check\" (US-11494770). https://patentable.app/patents/US-11494770","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11494770","json":"https://patentable.app/api/llm-context/US-11494770","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T22:39:47.057Z"}