UTILIZING A DIGITAL DIRECT DEPOSIT PREDICTOR MACHINE-LEARNING MODEL TO DETERMINE RISK FOR A NETWORK TRANSACTION COMPRISING A DIGITAL DIRECT DEPOSIT ADVANCE
The present disclosure relates to systems, non-transitory computer-readable media, and methods for utilizing a digital direct deposit predictor machine-learning model to generate a digital direct deposit likelihood and processing a network transaction based on the digital direct deposit likelihood. In particular, in one or more embodiments, the disclosed systems generate a risk classification based on the digital direct deposit likelihood and utilize the risk classification to process the network transaction. Moreover, in one or more embodiments, the disclosed systems generate a digital direct deposit amount based on the digital direct deposit likelihood and/or the risk classification and process the network transaction accordingly. Moreover, the disclosed systems can display information related to network transactions in a digital direct deposit interface.
1 . A computer-implemented method comprising:
receiving a request to initiate a network transaction comprising a digital direct deposit advance request;
identifying one or more features associated with the network transaction;
generating, utilizing a digital direct deposit predictor machine-learning model, a digital direct deposit likelihood based on the one or more features of the network transaction; and
processing the network transaction based on the digital direct deposit likelihood.
2 . The computer-implemented method of claim 1 , wherein identifying the one or more features associated with the network transaction comprises identifying one or more of: a historical digital direct deposit feature, a user account feature, a check deposit feature, an application activity feature, an account balance feature, a physical card feature, a peer-to-peer transaction feature, a customer service ticket feature, or a time elapsed feature.
3 . The computer-implemented method of claim 1 , further comprising:
identifying user account data associated with the network transaction;
based on the digital direct deposit likelihood and the user account data, determining, utilizing a risk analysis assembler, a risk classification for the network transaction; and
processing the network transaction according to the risk classification.
4 . The computer-implemented method of claim 3 , further comprising:
determining, based on the risk classification, an allowed digital direct deposit advance percent for the network transaction;
processing the network transaction by determining a digital direct deposit advance amount for the network transaction based on the allowed digital direct deposit advance percent and an average digital direct deposit amount corresponding to a user account associated with the network transaction; and
displaying, in a digital direct deposit advance interface on a client device, an approval notification for the network transaction comprising the digital direct deposit advance amount.
5 . The computer-implemented method of claim 1 , wherein processing the network transaction further comprises:
identifying that the digital direct deposit likelihood indicates that a user account associated with the network transaction will receive a digital direct deposit within a future digital direct deposit timeframe;
based on identifying that the digital direct deposit likelihood indicates that a user account associated with the network transaction will receive a digital direct deposit within the future digital direct deposit timeframe, determining a digital direct deposit advance amount for the network transaction; and
displaying, in a digital direct deposit advance interface on a client device, an approval notification for the network transaction comprising the digital direct deposit advance amount.
6 . The computer-implemented method of claim 1 , further comprising:
generating a training dataset by sampling digital direct deposit training features corresponding to training network transactions comprising digital direct deposit advance requests corresponding to user accounts that received a previous digital direct deposit; and
training the digital direct deposit predictor machine-learning model utilizing the training dataset.
7 . The computer-implemented method of claim 1 , further comprising:
determining, based on the digital direct deposit likelihood, an eligible digital direct deposit advance amount for the network transaction;
determining that the eligible digital direct deposit advance amount for the network transaction exceeds a maximum digital direct deposit advance amount;
based on determining that the eligible digital direct deposit advance amount for the network transaction exceeds a maximum digital direct deposit advance amount, approving the network transaction for the maximum digital direct deposit advance amount; and
displaying, in a digital direct deposit advance interface on a client device, an approval notification for the network transaction comprising the maximum digital direct deposit advance amount.
8 . The computer-implemented method of claim 1 , wherein processing the network transaction further comprises:
identifying that the digital direct deposit likelihood indicates that a user account associated with the network transaction will not receive a digital direct deposit within a future digital direct deposit timeframe; and
based on identifying that the digital direct deposit likelihood indicates that a user account associated with the network transaction will not receive a digital direct deposit within a future digital direct deposit timeframe, denying the request to initiate the network transaction.
9 . A non-transitory computer-readable medium storing instructions that, when executed by at least one processor, cause a computer system to:
receive a request to initiate a network transaction comprising a digital direct deposit advance request;
identify one or more features associated with the network transaction;
generate, utilizing a digital direct deposit predictor machine-learning model, a digital direct deposit likelihood based on the one or more features of the network transaction; and
process the network transaction based on to the digital direct deposit likelihood.
10 . The non-transitory computer-readable medium of claim 9 , further comprising instructions that, when executed by the at least one processor, cause the computer system to identify the one or more features associated with the network transaction by identifying one or more of: a historical digital direct deposit feature, a user account feature, a check deposit feature, an application activity feature, a check deposit feature, an account balance feature, a physical card feature, a peer-to-peer transaction feature, a customer service ticket feature, or a time elapsed feature.
11 . The non-transitory computer-readable medium of claim 9 , further comprising instructions that, when executed by the at least one processor, cause the computer system to:
determine, utilizing a deposit transaction predictor model, a predicted digital direct deposit amount;
determine, utilizing a risk analysis assembler and based on the predicted digital direct deposit amount, the digital direct deposit likelihood, and user account data, a risk classification for the network transaction; and
based on the risk classification, process the network transaction.
12 . The non-transitory computer-readable medium of claim 9 , further comprising instructions that, when executed by the at least one processor, cause the computer system to:
determine, based on the digital direct deposit likelihood, an eligible digital direct deposit advance amount for the network transaction;
determine that the eligible digital direct deposit advance amount does not exceed a pay period maximum amount; and
process the network transaction by approving the network transaction for the eligible digital direct deposit advance amount.
13 . The non-transitory computer-readable medium of claim 9 , further comprising instructions that, when executed by the at least one processor, cause the computer system to:
identify that the digital direct deposit likelihood indicates that a user account associated with the network transaction will receive a digital direct deposit paycheck in a future digital direct deposit timeframe;
based on identifying that the digital direct deposit likelihood indicates that a user account associated with the network transaction will receive a digital direct deposit paycheck in the future digital direct deposit timeframe, determine an eligible advance amount for the network transaction; and
based on determining an eligible advance amount for the network transaction, display, in a digital direct deposit advance interface on a client device, an approval notification for the network transaction comprising the eligible advance amount.
14 . The non-transitory computer-readable medium of claim 9 , further comprising instructions that, when executed by the at least one processor, cause the computer system to:
determine, based on the digital direct deposit likelihood, an eligible digital direct deposit advance amount for the network transaction;
determine that the eligible digital direct deposit advance amount for the network transaction exceeds a maximum digital direct deposit advance amount; and
approve the network transaction for the maximum digital direct deposit advance amount.
15 . The non-transitory computer-readable medium of claim 9 , further comprising instructions that, when executed by the at least one processor, cause the computer system to:
identify that the digital direct deposit likelihood indicates that a user account associated with the network transaction will receive a digital direct deposit paycheck in a future digital direct deposit timeframe;
determine, based on identifying that the digital direct deposit likelihood indicated that a user account associated with the network transaction will receive a digital direct deposit paycheck in a future digital direct deposit timeframe, an eligible digital direct deposit advance amount;
determine that the eligible digital direct deposit advance amount exceeds a maximum pay period advance amount; and
based on determining that the eligible digital direct deposit advance amount exceeds the maximum pay period advance amount, deny the network transaction.
16 . A system comprising:
at least one processor; and
at least one non-transitory computer-readable storage medium storing instructions that, when executed by the at least one processor, cause the system to:
receive a request to initiate a network transaction comprising a digital direct deposit advance request;
identify one or more features associated with the network transaction;
generate, utilizing a digital direct deposit predictor machine-learning model, a digital direct deposit likelihood based on the one or more features of the network transaction; and
based on the digital direct deposit likelihood, process the network transaction.
17 . The system of claim 16 , further comprising instructions that, when executed by the at least one processor, cause the system to identify the one or more features associated with the network transaction by identifying one or more of: a historical digital direct deposit feature, a user account feature, a check deposit feature, an application activity feature, a check deposit feature, an account balance feature, a physical card feature, a peer-to-peer transaction feature, a customer service ticket feature, or a time elapsed feature.
18 . The system of claim 16 , further comprising instructions that, when executed by the at least one processor, cause the system to:
identify user data associated with the network transaction;
determine, utilizing a risk analysis assembler and based on the digital direct deposit likelihood and the user data, a risk classification for the network transaction;
identify, based on the risk classification, that the network transaction corresponds to an allowed advance percent of an average digital direct deposit amount; and
process the network transaction by determining a digital direct deposit advance amount for the network transaction based on the allowed advance percent and the average digital direct deposit amount.
19 . The system of claim 16 , further comprising instructions that, when executed by the at least one processor, cause the system to:
determine, based on the digital direct deposit likelihood, an eligible digital direct deposit advance amount for the network transaction and that the eligible digital direct deposit advance amount does not exceed a maximum digital direct deposit advance amount;
based on determining that the eligible digital direct deposit advance amount does not exceed a maximum digital direct deposit advance amount, process the network transaction by approving the network transaction for the eligible digital direct deposit advance amount; and
based on approving the network transaction, credit the eligible digital direct deposit advance amount to a user account associated with the network transaction.
20 . The system of claim 16 , further comprising instructions that, when executed by the at least one processor, cause the system to:
determine a maximum pay period advance amount based on the digital direct deposit likelihood and one or more of an average digital direct deposit amount, digital direct deposit advance tenure amount, and a user account credit limit; and
determine, based on the maximum pay period advance amount, a digital direct deposit advance amount for the network transaction.