Patents by Inventor Karlyn Heiner Crotty
Karlyn Heiner Crotty has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Publication number: 20140081705Abstract: Consumer spend by industry is modeled based on the industry sizes of wallet of consumers having a high share of wallet with a financial institution. A size of wallet is calculated for each consumer in a plurality of consumers. A share of wallet for each consumer is also calculated. A subset of the plurality of consumers whose share of wallet is above a given percentage of their size of wallet is then determined. For each consumer in the subset, an industry size of wallet is determined. A correlation between the industry size of wallet of a given consumer and one or more characteristics of the given consumer is then derived using the industry size of wallet for the consumers in the subset.Type: ApplicationFiled: November 20, 2013Publication date: March 20, 2014Applicant: American Express Travel Related Services Company, Inc.Inventors: Prashant Kalia, Karlyn Heiner Crotty, Iwao Fusillo
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Patent number: 8615458Abstract: Consumer spend by industry is modeled based on the industry sizes of wallet of consumers having a high share of wallet with a financial institution. A size of wallet is calculated for each consumer in a plurality of consumers. A share of wallet for each consumer is also calculated. A subset of the plurality of consumers whose share of wallet is above a given percentage of their size of wallet is then determined. For each consumer in the subset, an industry size of wallet is determined. A correlation between the industry size of wallet of a given consumer and one or more characteristics of the given consumer is then derived using the industry size of wallet for the consumers in the subset.Type: GrantFiled: February 25, 2013Date of Patent: December 24, 2013Assignee: American Express Travel Related Services Company, Inc.Inventors: Prashant Kalia, Karlyn Heiner Crotty, Iwao Fusillo
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Patent number: 8401947Abstract: Consumer spend by industry is modeled based on the industry sizes of wallet of consumers having a high share of wallet with a financial institution. A size of wallet is calculated for each consumer in a plurality of consumers. A share of wallet for each consumer is also calculated. A subset of the plurality of consumers whose share of wallet is above a given percentage of their size of wallet is then determined. For each consumer in the subset, an industry size of wallet is determined. A correlation between the industry size of wallet of a given consumer and one or more characteristics of the given consumer is then derived using the industry size of wallet for the consumers in the subset.Type: GrantFiled: June 29, 2012Date of Patent: March 19, 2013Assignee: American Express Travel Related Service Company, Inc.Inventors: Prashant Kalia, Karlyn Heiner Crotty, Iwao Fusillo
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Patent number: 8380559Abstract: Transaction-level data and size of wallet data may be used to identify luxury merchants. In an embodiment, luxury merchants are identified based on their average record of charge (ROC) size in combination with the percentage of high-wallet consumers who transact with the merchants. Customers having a high share of wallet spent at luxury merchants may be identified as luxury consumers.Type: GrantFiled: June 23, 2008Date of Patent: February 19, 2013Assignee: American Express Travel Related Services Company, Inc.Inventors: Karlyn Heiner Crotty, Prashant Kalia, Suby P. Philip, Danny M. Yelle
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Publication number: 20120271744Abstract: Consumer spend by industry is modeled based on the industry sizes of wallet of consumers having a high share of wallet with a financial institution. A size of wallet is calculated for each consumer in a plurality of consumers. A share of wallet for each consumer is also calculated. A subset of the plurality of consumers whose share of wallet is above a given percentage of their size of wallet is then determined. For each consumer in the subset, an industry size of wallet is determined. A correlation between the industry size of wallet of a given consumer and one or more characteristics of the given consumer is then derived using the industry size of wallet for the consumers in the subset.Type: ApplicationFiled: June 29, 2012Publication date: October 25, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Prashant Kalia, Karlyn Heiner Crotty, Iwao Fusillo
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Patent number: 8239250Abstract: Consumer spend by industry is modeled based on the industry sizes of wallet of consumers having a high share of wallet with a financial institution. A size of wallet is calculated for each consumer in a plurality of consumers. A share of wallet for each consumer is also calculated. A subset of the plurality of consumers whose share of wallet is above a given percentage of their size of wallet is then determined. For each consumer in the subset, an industry size of wallet is determined. A correlation between the industry size of wallet of a given consumer and one or more characteristics of the given consumer is then derived using the industry size of wallet for the consumers in the subset.Type: GrantFiled: December 7, 2006Date of Patent: August 7, 2012Assignee: American Express Travel Related Services Company, Inc.Inventors: Prashant Kalia, Karlyn Heiner Crotty, Iwao Fusillo
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Publication number: 20090171765Abstract: Transaction-level data and size of wallet data may be used to identify luxury merchants. In an embodiment, luxury merchants are identified based on their average record of charge (ROC) size in combination with the percentage of high-wallet consumers who transact with the merchants. Customers having a high share of wallet spent at luxury merchants may be identified as luxury consumers.Type: ApplicationFiled: June 23, 2008Publication date: July 2, 2009Inventors: Karlyn Heiner CROTTY, Prashant Kalia, Suby P. Philip, Danny M. Yelle
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Publication number: 20090171687Abstract: Transaction-level data and size of wallet data may be used to identify industry passionate consumers. In an embodiment, industry passionate consumers are identified based on a ratio of spend within an industry to total spend of the consumer. In another embodiment, industry passionate consumers are identified based on a modeling of the consumer's wallet and determining the ratio of spend within an industry to total spend of the consumer. The consumers may be ranked according to their ratios, with the consumers having the highest ratios being identified as industry passionate consumers.Type: ApplicationFiled: June 23, 2008Publication date: July 2, 2009Applicant: American Express Travel Related Services Company, Inc.Inventors: Karlyn Heiner CROTTY, Prashant Kalia, Suby P. Philip, Danny M. Yelle
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Publication number: 20080133322Abstract: Consumer spend by industry is modeled based on the industry sizes of wallet of consumers having a high share of wallet with a financial institution. A size of wallet is calculated for each consumer in a plurality of consumers. A share of wallet for each consumer is also calculated. A subset of the plurality of consumers whose share of wallet is above a given percentage of their size of wallet is then determined. For each consumer in the subset, an industry size of wallet is determined. A correlation between the industry size of wallet of a given consumer and one or more characteristics of the given consumer is then derived using the industry size of wallet for the consumers in the subset.Type: ApplicationFiled: December 7, 2006Publication date: June 5, 2008Applicant: American Express Travel Related Services Company, Inc.Inventors: Prashant Kalia, Karlyn Heiner Crotty, Iwao Fusillo