Stripe had nine patents in artificial intelligence during Q4 2023. Stripe Inc filed patents related to granting geographic-based access authorization, modeling and analyzing commerce platform system infrastructure, identifying entities in query images, leveraging distributed services system for surfacing insights, and dynamically setting thresholds for classifiers using machine learning models. These patents focus on improving access control, cost analysis, entity recognition, anomaly detection, and prediction accuracy through innovative methods and systems. GlobalData’s report on Stripe gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

Stripe grant share with artificial intelligence as a theme is 33% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Location-based access approval (Patent ID: US20230412612A1)

The patent filed by Stripe Inc. describes a method for granting geographic-based access authorization by storing access credentials, receiving travel data for a user's travel plans, transmitting this data to the issuer of the access credential, updating access rules based on the travel plans, and authorizing access during travel according to the updated rules. The system involves multiple hardware processors working together to facilitate access requests and ensure authorization based on the user's travel information.

Additionally, the patent includes claims related to converting travel information from emails, accessing user email accounts, receiving travel data through graphical user interfaces, handling access requests for networks or credit card transactions, checking authorization token expiration, blocking access based on the user's location during travel, updating access rules with canceled travel plans, and utilizing a computing apparatus with processors and memory to store credentials, receive travel data, transmit information to issuers, update access rules, and authorize access during specified time periods. The patent outlines a comprehensive system for managing access authorization based on a user's travel plans and ensuring security and compliance with defined rules.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.