Patents Assigned to American Express Travel Related Services Company, Inc.
  • System and method for predicting card member spending using collaborative filtering
    Patent number: 8204784
    Abstract: The disclosed method and system allows a credit or charge card issuer to provide its card members with a list of restaurants that might be of interest based on the financial transactions of similar card members. In one instance, this method filters financial transaction data from a plurality of card members that involves a plurality of restaurants to generate a set of candidate restaurant recommendations for a selected card member. This set of candidate restaurant recommendations is processed to yield a list of restaurant recommendations for the selected customer that is prioritized on the basis of the selected card member accepting the recommendation. The list of restaurant recommendations is then reported to the selected card member to enhance card use and marketing.
    Type: Grant
    Filed: June 22, 2010
    Date of Patent: June 19, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Puneet B. Bhagchandani, Rachel B. Garrett, Vernon Marshall, Ali H. Baqri, Siddhesh Karmali
  • Estimating the spend capacity of consumer households
    Patent number: 8204774
    Abstract: The spend capacity of a consumer typically increases as the number of consumers in the household increases, since the consumer can draw on the spending power of other consumers in the household. The size of wallet of the household is thus a better indicator of the consumer's spend capacity than an individual size of wallet. All consumers in a given household can be aggregated based on, for example, their address of record. Duplicate tradelines within each household are removed from consideration in a size of wallet estimate. A spend capacity is then estimated for each tradeline using calculations derived from a consumer behavior model. The spend capacities for all tradelines in the household are combined to determine a household size of wallet. Each consumer in the household is then tagged with the household size of wallet, rather than their individual size of wallet.
    Type: Grant
    Filed: December 15, 2006
    Date of Patent: June 19, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Jeffrey A. Chwast, Kathleen Haggerty, Jing J. Wang, Di W. Xu, Chao M. Yuan
  • TOTAL STRUCTURAL RISK MODEL
    Publication number: 20120150722
    Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.
    Type: Application
    Filed: February 16, 2012
    Publication date: June 14, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Tirthankar Choudhuri, Anjali Dewan, Amber Gupta, Kathleen Haggerty, Di Xu, Chao Yuan
  • TOTAL STRUCTURAL RISK MODEL
    Publication number: 20120150724
    Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.
    Type: Application
    Filed: February 16, 2012
    Publication date: June 14, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Tirthankar Choudhuri, Anjali Dewan, Amber Gupta, Kathleen Haggerty, Di Xu, Chao Yuan
  • TOTAL STRUCTURAL RISK MODEL
    Publication number: 20120150723
    Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.
    Type: Application
    Filed: February 16, 2012
    Publication date: June 14, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Tirthankar Choudhuri, Anjali Dewan, Amber Gupta, Kathleen Haggerty, Di Xu, Chao Yuan
  • TOTAL STRUCTURAL RISK MODEL
    Publication number: 20120150721
    Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.
    Type: Application
    Filed: February 16, 2012
    Publication date: June 14, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Tirthankar Choudhuri, Anjali Dewan, Amber Gupta, Kathleen Haggerty, Di Xu, Chao Yuan
  • System and method for immediate issuance of transaction cards
    Patent number: 8191778
    Abstract: A system and method for substantially immediate issuance of transaction cards includes at least one unassigned transaction card including a storage medium having a card number encoded thereupon. The system also includes a computing system configured to receive application information from an applicant that has been provided said unassigned transaction card, and to activate the unassigned transaction card so that access to monetary funds is extended to the applicant through said unassigned transaction card, upon an evaluation of said application information indicating that the applicant has been approved for access to the monetary funds. The unassigned transaction card bears no visible marking presenting information concerning the applicant and encodes no information concerning said applicant upon the storage medium of said unassigned transaction card.
    Type: Grant
    Filed: February 2, 2012
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Jason J. Hogg, Patrick Graf
  • Rapid caching and data delivery system and method
    Patent number: 8195603
    Abstract: The initial systems analysis of a new data source fully defines each data element and also designs, tests and encodes complete data integration instructions for each data element. A metadata cache stores the data element definition and data element integration instructions. The metadata cache enables a comprehensive view of data elements in an enterprise data architecture. When data is requested that includes data elements defined in a metadata cache, the metadata cache and associated software modules automatically generate database elements to fully integrate the requested data elements into existing databases.
    Type: Grant
    Filed: September 1, 2011
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Eddie J. Alvarez, Stephen K. Dantu, Sastry VSM Durvasula, Marat S. Khalfin, Deep Thomas
  • System and method for setting up a pre-authorization record
    Patent number: 8195574
    Abstract: A computer-assisted method includes hardware, software and telecommunications components that cooperatively achieve the technical effect of an improved electronic purchasing transaction system. In various embodiments of the invention, at least one master account is established for a client. A pool of limited use account identifiers or secondary account identifiers, that are separate and distinct from the master account, is associated with the master account by a purchasing system or account management system. Each of the limited use account identifiers may be used by the client to purchase items from merchants.
    Type: Grant
    Filed: November 25, 2009
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Hans D. Buehler, Jonathan B. Wells
  • Determining commercial share of wallet
    Patent number: 8195550
    Abstract: Commercial size of spending wallet (“SoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“SoW”) is the portion of the spending wallet that is captured by a particular financial company. Commercial SoW is a modeling approach that utilizes various data sources to provide outputs that describe a company's spend capacity. These outputs can be appended to data profiles of customers and prospects and can be utilized to support decisions involving prospecting, new account evaluation, and customer management across the lifecycle. Company financial statements are utilized to identify and calculate total business spend of a company that could be transacted using a commercial credit card. A spend-like regression model may then be developed to estimate annual commercial SoSW value for customers and prospects within a credit network.
    Type: Grant
    Filed: November 22, 2011
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Kathleen Haggerty, Charles Christopher Lyon, Robert E. Phelan, Jon Kevin Ruterman, Geraldine A. Turner, Chao M. Yuan, Arnab Biswas
  • System and method for facilitating a financial transaction with a dynamically generated identifier
    Patent number: 8195517
    Abstract: Instead of a PIN which is associated with an account and provides access to an account, a dynamically generated card identifier (dynamic CID) is used to verify that the consumer currently possesses the transaction card at the time of purchase and/or is the true card owner. At the time of purchase, a token generates a dynamic CID, which changes with each transaction. A consumer enters the dynamic CID into a pre-existing CID field in an electronic order form. The merchant then sends the dynamic CID to a card authorization system within an authorization request. The card authorization system issues a response to a merchant system via a pre-existing authorization message indicating that the transaction card and dynamic CID have been validated, thereby adjusting the fraud risk associated with the transaction.
    Type: Grant
    Filed: November 18, 2011
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventor: Glade Raymond Erikson
  • Content management application for an interactive environment
    Patent number: 8195787
    Abstract: The content management application is an intranet application which provides a process for implementing changes to an internet website of a company by providing the company the ability to define and enforce a common style of page layout. The application can be accessed via a desktop browser and multiple users may access the application for multiple reasons at the same time. The application also dynamically generates new page designs and new component design with various people assigned to groups or teams enabling the continuous creation and processing of content. Once the content is created and reviewed, it is then launched onto the company's internet site for viewing by the internet users accessing the company's web page.
    Type: Grant
    Filed: October 13, 2011
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Andrea Bimson, Jin Chyang, Meena Gopakumar, Lorraine Miranda, Biswajit Sarkar, Shashikant Rao, Kaustubh Kunte
  • System and method for dynamic security provisioning of computing resources
    Patent number: 8195820
    Abstract: The present invention facilitates the dynamic provisioning of computing and data assets in a commodity computing environment. The invention provides a system and method for dynamically provisioning and de-provisioning computing resources based on multi-dimensional decision criteria. By employing specialized computing components configured to assess an asset and requestor of an asset, a provisioning engine is able to transform the input from the computing components into a specific configuration of computing resource provisioning and security controls. According to the rules and policies applying to a security domain, the provisioning engine may dynamically allocate computing resources in a manner that is both safe and efficient for the asset.
    Type: Grant
    Filed: January 3, 2012
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Mark Merkow, James F. Petrone
  • Transaction card
    Patent number: 8191788
    Abstract: The present invention relates to a process for producing an opaque, transparent or translucent transaction card having multiple features, such as a holographic foil, integrated circuit chip, silver magnetic stripe with text on the magnetic stripe, opacity gradient, an invisible optically recognizable compound, a translucent signature field such that the signature on back of the card is visible from the front of the card and an active thru date on the front of the card. The invisible optically recognizable compound is preferably an infrared ink comprising an infrared phthalocyanine dye, an infrared phosphor, and a quantum dot energy transfer compound. The infrared ink can be detected by a sensor found in an ATM or card assembly line.
    Type: Grant
    Filed: October 19, 2010
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Lisa Ann Morrill-Webb, William J. Faenza, Jr.
  • System and method for presenting a competitive comparison of a recommended or custom card
    Patent number: 8195551
    Abstract: A system, computer product and method for presenting a competitive comparison of a recommended financial transaction instrument. A set of questions is presented to a consumer in order to determine psychographic characteristics of the consumer. At least one subset of questions is presented based on answers to the set of questions, the at least one subset of questions relating more specifically to available benefits. A tailored financial transaction instrument is recommended having benefits which are based on answers to the at least one subset of questions. At least one similar competitive financial transaction instrument is presented to the consumer.
    Type: Grant
    Filed: November 23, 2011
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Rachel Moore, Scott Brooks, Natalie Azam
  • Fee allocator system and method
    Patent number: 8195538
    Abstract: A system is provided for automatically billing a designated account for fees associated with the costs of tickets and other similar services. Passenger Record Number data and similar data is provided through a Computerized Reservation System and an accounting system to a Fee Allocator program which automatically interprets the data, determines appropriate fees based on the data and a user profile, and bills the fees to an appropriate account based on the user profile. Billing data provided to the account also facilitates the process of reconciling the fees to the travel ticket costs. Enhanced descriptive billing statements can be created simplifying the process of reconciling fees to the travel ticket costs.
    Type: Grant
    Filed: June 25, 2007
    Date of Patent: June 5, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Lisa Steury, John Berkley, Frank Scarpaci, Corinna Cooke, Bill Rozenwaser, Corbett Bloom
  • SPEAKER RECOGNITION IN A MULTI-SPEAKER ENVIRONMENT AND COMPARISON OF SEVERAL VOICE PRINTS TO MANY
    Publication number: 20120134478
    Abstract: One-to-many comparisons of callers' voice prints with known voice prints to identify any matches between them. When a customer communicates with a particular entity, such as a customer service center, the system makes a recording of the real-time call including both the customers and agent's voices. The system segments the recording to extract at least a portion of the customer's voice to create a customer voice print, and it formats the segmented voice print for network transmission to a server. The server compares the customer's voice print with multiple known voice prints to determine any matches, meaning that the customer's voice print and one of the known voice prints are likely from the same person. The identification of any matches can be used for a variety of purposes, such as determining whether to authorize a transaction requested by the customer.
    Type: Application
    Filed: February 6, 2012
    Publication date: May 31, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Vicki Broman, Vernon Marshall, Seshasayee Bellamkonda, Marcel Leyva, Cynthia Hanson
  • Metal-containing transaction card and method of making the same
    Patent number: 8186582
    Abstract: A method of creating a single transaction card is disclosed and comprises embossing the single transaction card within a pocket to form embossed characters on a first surface of the single transaction card, filling the pocket with a fill panel to provide a substantially flush surface on a second surface of the single transaction card, wherein a third surface of the fill panel is in uniform, direct contact with an interior of the pocket. Another method is disclosed for machining a face pocket within a single transaction card and disposing a microchip therein. In various embodiments, a single transaction card is comprised of a continuous metal layer, such as, for example, titanium.
    Type: Grant
    Filed: September 9, 2011
    Date of Patent: May 29, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Stevan Varga, Lisa Ann Morrill Webb
  • Systems, methods and computer program products for offering consumer loans having customized terms for each customer
    Patent number: 8190511
    Abstract: Systems, methods and computer program products take into account the amount, term, and type of consumer loan, as well as data relating to a customer's credit score, debt burden, and collateral, if any. The invention then calculates an expected probability of default for a loan to that customer, and calculate loan terms that will deliver a minimum return on equity (e.g., 18%) given the lender's capital structure and funding rates. These loan terms are then offered to the customer. The customized loan terms include annual percentage rate of the loan, or a yearly fee or loan amount.
    Type: Grant
    Filed: October 5, 2001
    Date of Patent: May 29, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventor: Brian Ericksen
  • System and method for evaluation decision sciences of simulation models
    Patent number: 8190410
    Abstract: A system and method for viewing models and model variables within a sophisticated modeling environment is disclosed. The system provides varying levels of insight into a modeling infrastructure to help the user understand model and model variable dependencies, usage, distribution, and/or the like. (original) The method includes storing model and model variable data within a relational database system, receiving a request from a user interfacing with the system via a web interface, extracting search criteria and presentation preferences from the request, formulating and executing one or more queries on the database to retrieve the required data, formatting the data in accordance with the request, and retuning the data to the requesting user in the form of a web page.
    Type: Grant
    Filed: January 4, 2007
    Date of Patent: May 29, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Manisha Jain, Michael Shamai Oralevich, Sandeep K. Sacheti, Deep Thomas, Donald Robert McGimpsey