Systems and Methods for Modeling Transaction Data Associated With Merchant Category Codes

摘要

Systems and methods are provided for modeling transaction data associated with merchant category codes (MCCs) assigned to merchants. An example method includes accessing a transaction data structure having transaction data for a plurality of merchants, and accessing a merchant data structure including multiple merchants and a category descriptor for each of the multiple merchants. The method also includes combining data in the transaction data structure and the merchant data structure based on a merchant identifier for a merchant common thereto, and assigning a label to the common merchant based on at least one category descriptor for the common merchant in the merchant data structure. Further, the method includes generating a model for a MCC assigned to the common merchant, based on transaction data for the common merchant and the assigned label, whereby the model can be used to verify assignment of the MCC to other merchants.