System for reducing transaction failure
US-12175472-B2 · Dec 24, 2024 · US
US2025035457A1 · US · A1
| Field | Value |
|---|---|
| Publication number | US-2025035457-A1 |
| Application number | US-202418885909-A |
| Country | US |
| Kind code | A1 |
| Filing date | Sep 16, 2024 |
| Priority date | Nov 15, 2022 |
| Publication date | Jan 30, 2025 |
| Grant date | — |
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Systems and methods for predicting collision probabilities are provided. The methods involve operating at least one processor to: retrieve vehicle data originating from a telematics device installed in a vehicle, the vehicle data including location data and a plurality of safety exception events performed by the vehicle, the plurality of safety exception events including a plurality of exception event types; identify a plurality of road network edges traveled by the vehicle based on the location data; determine an aggregated area collision rate based on the plurality of road network edges; determine a plurality of exception rates based on the vehicle data, each exception rate representing a normalized rate of occurrence of one of the exception event types; and determine a collision probability using at least one machine learning model on the plurality of exception rates and the aggregated area collision rate, the collision probability representing a risk of collision.
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1 . A system for predicting collision probabilities, the system comprising: at least one data store operable to store vehicle data originating from a telematics device installed in a vehicle, the vehicle data comprising location data and a plurality of safety exception events performed by the vehicle, the plurality of safety exception events comprising a plurality of exception event types; at least one processor in communication with the at least one data store, the at least one processor operable to: retrieve the vehicle data; identify a plurality of road network edges traveled by the vehicle based on the location data; determine an aggregated area collision rate based on the plurality of road network edges; determine a plurality of exception rates based on the vehicle data, each exception rate representing a normalized rate of occurrence of one of the exception event types; and determine a collision probability using at least one machine learning model on the plurality of exception rates and the aggregated area collision rate, the collision probability representing a risk of collision. 2 . The system of claim 1 , wherein the at least one machine learning model comprises a decision tree. 3 . The system of claim 1 , wherein the at least one processor is operable to: retrieve a plurality of predetermined area collision rates, a predetermined area collision rate retrieved for each road network edge; and determine the aggregated area collision rate based on the plurality of predetermined area collision rates. 4 . The system of claim 1 , wherein the at least one processor is operable to: determine a vehicle collision probability benchmark for the vehicle based on the collision probability and a plurality of collision probabilities for a plurality of comparable vehicles. 5 . The system of claim 4 , wherein the at least one processor is operable to: identify the plurality of comparable vehicles from a plurality of vehicles by: using a clustering algorithm to identify a plurality of first vehicle clusters based on an area of operation of each vehicle in the plurality of vehicles; and using a comparison algorithm to identify a plurality of second vehicle clusters based on the centroid of each first vehicle cluster; and identify the second vehicle cluster containing the vehicle as the plurality of comparable vehicles. 6 . The system of claim 1 , wherein the at least one processor is operable to: determine a fleet collision probability for a fleet comprising the vehicle based on the collision probability and a vehicle collision probability for each other vehicle in the fleet. 7 . The system of claim 6 , wherein the at least one processor is operable to: determine a fleet collision probability benchmark for the fleet based on the fleet collision probability for the fleet and a plurality of fleet collision probabilities for a plurality of comparable fleets. 8 . The system of claim 7 , wherein the at least one processor is operable to: identify the plurality of comparable fleets from a plurality of fleets by using a clustering algorithm to identify a plurality of fleet clusters based on a vehicle type of each vehicle in each fleet in the plurality of fleets; and identify the fleet cluster containing the fleet as the plurality of comparable fleets. 9 . The system of claim 1 , wherein: the plurality of exception event types comprises harsh events and speeding events; and the plurality of exception rates comprises harsh event rates and speeding event rates. 10 . A method for predicting collision probabilities, the method comprising operating at least one processor to: retrieve vehicle data originating from a telematics device installed in a vehicle, the vehicle data comprising location data and a plurality of safety exception events performed by the vehicle, the plurality of safety exception events comprising a plurality of exception event types; identify a plurality of road network edges traveled by the vehicle based on the location data; determine an aggregated area collision rate based on the plurality of road network edges; determine a plurality of exception rates based on the vehicle data, each exception rate representing a normalized rate of occurrence of one of the exception event types; and determine a collision probability using at least one machine learning model on the plurality of exception rates and the aggregated area collision rate, the collision probability representing a risk of collision. 11 . The method of claim 10 , wherein the at least one machine learning model comprises a decision tree. 12 . The method of claim 10 , further comprising operating the at least one processor to: retrieve a plurality of predetermined area collision rates, a predetermined area collision rate retrieved for each road network edge; and determine the aggregated area collision rate based on the plurality of predetermined area collision rates. 13 . The method of claim 10 , further comprising operating the at least one processor to: determine a vehicle collision probability benchmark for the vehicle based on the collision probability and a plurality of collision probabilities for a plurality of comparable vehicles. 14 . The method of claim 13 , further comprising operating the at least one processor to: identify the plurality of comparable vehicles from a plurality of vehicles by: using a clustering algorithm to identify a plurality of first vehicle clusters based on an area of operation of each vehicle in the plurality of vehicles; and using a comparison algorithm to identify a plurality of second vehicle clusters based on the centroid of each first vehicle cluster; and identify the second vehicle cluster containing the vehicle as the plurality of comparable vehicles. 15 . The method of claim 10 , further comprising operating the at least one processor to: determine a fleet collision probability for a fleet comprising the vehicle based on the collision probability and a vehicle collision probability for each other vehicle in the fleet. 16 . The method of claim 15 , further comprising operating the at least one processor to: determine a fleet collision probability benchmark for the fleet based on the fleet collision probability for the fleet and a plurality of fleet collision probabilities for a plurality of comparable fleets. 17 . The method of claim 16 , further comprising operating the at least one processor to: identify the plurality of comparable fleets from a plurality of fleets by using a clustering algorithm to identify a plurality of fleet clusters based on a vehicle type of each vehicle in each fleet in the plurality of fleets; and identify the fleet cluster containing the fleet as the plurality of comparable fleets. 18 . The method of claim 10 , wherein: the plurality of exception event types comprises harsh events and speeding events; and the plurality of exception rates comprises harsh event rates and speeding event rates. 19 . A non-transitory computer readable medium having instructions stored thereon executable by at least one processor to implement a method for predicting collision probabilities, the method comprising operating the at least one processor to: retrieve vehicle data originating from a telematics device installed in a vehicle, the vehicle data comprising location data and a plurality of safety exception events performed by the vehicle, the plurality of safety exception events comprising a plurality of exception event types; identify a plural
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