Abstract: The invention relates to transaction tokens (“fobs”) having wireless functionality and methods of using the same. More specifically, fobs having radio frequency functionality such that information, such as payment information, identification information, or other like information, may be wirelessly transmitted from a memory within the fob to a receiver are disclosed. The fobs of this invention may comprise a microchip or other memory component, and/or antenna disposed on or within an insert and encased within an enclosure in an interior compartment. The fobs may have a quick-release mechanism for easily attaching to and detaching from a securing device, such as a keychain or the like. Moreover, the interior compartments of the fobs may be easily accessible for replacing the enclosed insert.
Type:
Grant
Filed:
September 19, 2005
Date of Patent:
September 21, 2010
Assignee:
American Express Travel Realted Services Company, Inc.
Inventors:
Peter Kirwan Bates, David S. Bonalle, Gail A. Francolini, Samantha S. Ing, Danielle L. Kunian, Leigh R. Malnati, Danielle R. Nulle, Lisa E. Skilling-Belmond, Lisa A. Webb, Kevin Young
Abstract: The invention facilitates monitoring, identifying, allocating and distributing the costs related to the consumption of raw technology resources by an organization. The invention provides a controller for automatically billing a designated account, project, division or third party for fees associated with the computing time, use or other similar services. The system may utilize a rules engine or any other factors for dividing the billings. The system may provide loyalty points for computer usage or accept loyalty points to pay for computer usage. The system may also monitor use in substantially real-time or provide notifications and warnings related to low or excessive use. Enhanced descriptive billing statements can be created simplifying the process of reconciling fees to the computing costs. The system may also compile usage statistics and send out requests for bids to obtain improved financial arrangements or to share usage with other entities.
Type:
Application
Filed:
March 11, 2004
Publication date:
October 28, 2004
Applicant:
AMERICAN EXPRESS TRAVEL REALTED SERVICES COMPANY, INC.
Inventors:
Manish K. Deliwala, Ashish Goulatia, Noreen Williams