Patents Assigned to American Express Travel Related Services Company
  • Method and apparatus for a no pre-set spending limit transaction card
    Patent number: 8073776
    Abstract: A method and apparatus are provided for a no pre-set spending limit transaction card with features and attributes of both a credit card and a charge card, including an overlimit spend feature and an associated communicated line of credit. The transaction card may carry a balance like a credit card and may require that a card user pay down the balance carried forward to the line of credit subsequent to the end of each billing cycle. When the user has reached or exceeded the communicated line of credit, each subsequent transaction request for a new transaction by the user is evaluated on a case-by-case basis by a process that includes execution an overlimit spend authorization logic or process.
    Type: Grant
    Filed: June 20, 2011
    Date of Patent: December 6, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Karen L Wong, Fred Jubitz, Luigi E Merli, Caroline M Azimi-Pour, Jean-Paul D Ndong, Leena H Parikh, Joya A Mukherjee, Keye G Jin, Priyo B Chatterjee, Subhash C Khatri, Luckner B Polycarpe
  • Credit score and scorecard development
    Patent number: 8073768
    Abstract: Share of Wallet (“SOW”) is a modeling approach that utilizes various data sources to provide outputs that describe a consumers spending capability, tradeline history including balance transfers, and balance information. These outputs can be appended to data profiles of customers and prospects and can be utilized to support decisions involving prospecting, new applicant evaluation, and customer management across the lifecycle. The outputs can be used as attributes to consider in developing a credit bureau scorecard.
    Type: Grant
    Filed: October 14, 2010
    Date of Patent: December 6, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Kathleen Haggerty, Chao M. Yuan, Benedict O. Okoh, Peter L. Williamson
  • Using commercial share of wallet to rate business prospects
    Patent number: 8073752
    Abstract: Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Research analysts can use CSoW/CSoSW to provide a comprehensive and robust indication of the business prospects of a rated company.
    Type: Grant
    Filed: April 15, 2008
    Date of Patent: December 6, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Kathleen Haggerty, Charles Christopher Lyon, Benedict O. Okoh, Robert E. Phelan, Jon Kevin Ruterman, Geraldine A. Turner, Chao M. Yuan, Arnab Biswas
  • Using Commercial Share of Wallet in Private Equity Investments
    Publication number: 20110295768
    Abstract: Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Private equity firms and other investors of small businesses can use the CSoW/CSoSW modeling approach to more accurately evaluate small and privately held companies, both during investment and for evaluating prospective investments. Over-the-counter securities trading systems can also use this modeling approach to provide more accurate information and/or rankings of listed companies to their customers.
    Type: Application
    Filed: August 12, 2011
    Publication date: December 1, 2011
    Applicant: American Express Travel Related Services Company Inc.
    Inventors: Kathleen Haggerty, Charles Christopher Lyon, Benedict O. Okoh, Robert E. Phelan, Jon Kevin Ruterman, Geraldine A. Turner, Chao M. Yuan, Arnab Biswas
  • Virtual reality shopping experience
    Patent number: 8069095
    Abstract: A solution is provided for a method for a user to shop online in a three dimensional (3D) virtual reality (VR) setting by receiving a request at a shopping server to view a shopping location, having at least one store, and displaying the shopping location to the user's computer in a 3D interactive simulation view via a web browser to emulate a real-life shopping experience for the user. The server then obtains a request to enter into one of the stores and displays the store website to the user in the same web browser. The store website has one or more enhanced VR features. The server then receives a request to view at least one product and the product is presented in a 3D interactive simulation view to emulate a real-life viewing of the product.
    Type: Grant
    Filed: January 25, 2010
    Date of Patent: November 29, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Elliott Glazer, Carol Lee Hobson, Elizabeth Sandra Deming, Coby Royer, Jeffrey Scott Fehlhaber
  • Transaction card
    Patent number: 8066190
    Abstract: The present invention relates to a process for producing a transparent or translucent transaction card having multiple features. An optically recognizable compound may be associated with a portion of the card for blocking infrared radiation and may comprise an infrared ink having nanocrystalline indium tin oxide particles. Moreover, a portion of the transaction card may include a second optically recognizable compound disposed thereon. The second optically recognizable compound may comprise an infrared phthalocyanine dye, an infrared phosphor, and a quantum dot energy transfer compound. The infrared ink may be detected by a sensor found in an ATM or card assembly line.
    Type: Grant
    Filed: May 21, 2008
    Date of Patent: November 29, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventor: William J. Faenza, Jr.
  • Electronic purchasing method and apparatus
    Patent number: 8069120
    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: August 4, 2009
    Date of Patent: November 29, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Hans D. Buehler, Jonathan B. Wells
  • SYSTEM AND METHOD FOR ENABLING GROUP CHANNELS IN AN IP MARKETPLACE
    Publication number: 20110288957
    Abstract: A comprehensive platform for merchandising intellectual property (IP) and conducting IP transactions is disclosed. A standardized data collection method enables IP assets to be characterized, rated and valuated in a consistent manner. Project management, workflow and data security functionality enable consistent, efficient and secure interactions between the IP Marketplace participants throughout the IP transaction process. Business rules, workflows, valuation models and rating methods may be user defined or based upon marketplace, industry or technology standards.
    Type: Application
    Filed: July 29, 2011
    Publication date: November 24, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: Tracey R. Thomas
  • METHOD AND SYSTEM FOR IMPLEMENTING AND MANAGING AN ENTERPRISE IDENTITY MANAGEMENT FOR DISTRIBUTED SECURITY
    Publication number: 20110289569
    Abstract: An Enterprise Identity Management system includes a registration component, an ownership component, and an audit component. The registration component is configured to associate a user ID with specific accounts that are accessible via a computer system. The ownership component is configured to verify the ownership of the accounts. The audit component is configured to perform periodic checks to ensure the validity of the association between the user ID and the ownership of the accounts.
    Type: Application
    Filed: August 3, 2011
    Publication date: November 24, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Michael Richard Barrett, David Armes, Fred Bishop, James Shelby, Elliott Glazer, Philip W. Steitz, Stephen P. Gibbons
  • SYSTEMS AND METHODS FOR MANAGING MULTIPLE ACCOUNTS ON A RF TRANSACTION DEVICE USING SECONDARY IDENTIFICATION INDICIA
    Publication number: 20110289001
    Abstract: Systems and methods are configured to manage data sets associated with a transaction device. For example, a method is provided for facilitating the management of distinct data sets on a transaction device that are provided by distinct data set owners, wherein the distinct data sets may include differing formats. The method includes the steps of: adding, by a read/write, a first data set to the financial transaction device, wherein the first data set is owned by a first owner; adding, by the read/write device, a second data set to the financial transaction device, wherein the second data set is owned by a second owner; and storing the first data set and the second data set on the financial transaction device in accordance with an owner defined format. The first and second data sets are associated with first and second owners, respectively, and are configured to be stored independent of each other.
    Type: Application
    Filed: July 13, 2011
    Publication date: November 24, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Fred Bishop, Peter D. Saunders
  • SYSTEM AND METHOD FOR ENABLING CHANNEL RELEVANCY AND RATING IN AN IP MARKETPLACE
    Publication number: 20110288985
    Abstract: A comprehensive platform for merchandising intellectual property (IP) and conducting IP transactions is disclosed. A standardized data collection method enables IP assets to be characterized, rated and valuated in a consistent manner. Project management, workflow and data security functionality enable consistent, efficient and secure interactions between the IP Marketplace participants throughout the IP transaction process. Business rules, workflows, valuation models and rating methods may be user defined or based upon marketplace, industry or technology standards.
    Type: Application
    Filed: July 29, 2011
    Publication date: November 24, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: Tracey R. Thomas
  • SMARTCARD TRANSACTION SYSTEM AND METHOD
    Publication number: 20110288993
    Abstract: A method for facilitating biometric security in a smartcard-reader transaction system is provided. The method includes determining if a transaction violates an established rule, such as a preset spending limit. The method also includes notifying a user to proffer a biometric sample in order to verify the identity of said user, and detecting a proffered biometric at a sensor to obtain a proffered biometric sample. The method additionally comprises verifying the proffered biometric sample and authorizing a transaction to continue upon verification of the proffered biometric sample.
    Type: Application
    Filed: July 26, 2011
    Publication date: November 24, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: David S. Bonalle, Glen Salow
  • SYSTEM AND METHOD FOR ENABLING CUSTOM PORTFOLIO DEFINITION IN AN IP MARKETPLACE
    Publication number: 20110288984
    Abstract: A comprehensive platform for merchandising intellectual property (IP) and conducting IP transactions is disclosed. A standardized data collection method enables IP assets to be characterized, rated and valuated in a consistent manner. Project management, workflow and data security functionality enable consistent, efficient and secure interactions between the IP Marketplace participants throughout the IP transaction process. Business rules, workflows, valuation models and rating methods may be user defined or based upon marketplace, industry or technology standards.
    Type: Application
    Filed: July 29, 2011
    Publication date: November 24, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: Tracey R. Thomas
  • System and method for networked loyalty program
    Patent number: 8065182
    Abstract: The present invention provides a system for implementing a loyalty program on a network-wide level. The system associates UPC and SKU data on a network level to reward consumers and/or to analyze the data for a variety of business purposes, such as market segmentation analyses and/or analyses relating to consumer spending behaviors or patterns for example. In accordance with one aspect of the invention, the association of UPC and SKU data by the system facilitates implementation of an incentive or loyalty program by providing a universal rewards currency. This universal rewards currency may be “spent” by participants who have earned rewards and accepted by the other participants in the multi-tiered network created by the system. The network may comprise any number of participants, including consumers, retailers (and any of their employees), manufacturers, third-party providers, and the like.
    Type: Grant
    Filed: January 15, 2009
    Date of Patent: November 22, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Theodore S. Voltmer, Fauziah B. Ariff
  • Content management application for an interactive environment
    Patent number: 8065407
    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: May 2, 2011
    Date of Patent: November 22, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Andrea Bimson, Jin Chyung, Meena Gopakumar, Lorraine Miranda, Biswajit Sarkar, Shashikant Rao, Kaustubh Kunte
  • System and method for immediate issuance of transaction cards
    Patent number: 8061596
    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: November 3, 2009
    Date of Patent: November 22, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Jason J. Hogg, Patrick Graf
  • SYSTEM AND METHOD FOR ENABLING MARKETING CHANNELS IN AN IP MARKETPLACE
    Publication number: 20110282761
    Abstract: A comprehensive platform for merchandising intellectual property (IP) and conducting IP transactions is disclosed. A standardized data collection method enables IP assets to be characterized, rated and valuated in a consistent manner. Project management, workflow and data security functionality enable consistent, efficient and secure interactions between the IP Marketplace participants throughout the IP transaction process. Business rules, workflows, valuation models and rating methods may be user defined or based upon marketplace, industry or technology standards.
    Type: Application
    Filed: July 29, 2011
    Publication date: November 17, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: Tracey R. Thomas
  • CUSTOMIZED FINANCIAL TRANSACTION PRICING
    Publication number: 20110282791
    Abstract: Enabling innovative merchant transaction pricing capability, while improving pricing process efficiency, is disclosed. When a merchant submits financial transaction account records to a payment processor for payment, the payment processor utilizes granular transaction data to calculate complex merchant transaction pricing rules. The system accesses individual transaction data, aggregate transaction data, transaction history, customer data, merchant data and product data to enable flexible, innovative and dynamic pricing capabilities that increase revenue and increase customer satisfaction.
    Type: Application
    Filed: July 26, 2011
    Publication date: November 17, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: James Anderson
  • SYSTEM AND METHOD FOR ENABLING INTEGRATED CHANNELS IN AN IP MARKETPLACE
    Publication number: 20110282766
    Abstract: A comprehensive platform for merchandising intellectual property (IP) and conducting IP transactions is disclosed. A standardized data collection method enables IP assets to be characterized, rated and valuated in a consistent manner. Project management, workflow and data security functionality enable consistent, efficient and secure interactions between the IP Marketplace participants throughout the IP transaction process. Business rules, workflows, valuation models and rating methods may be user defined or based upon marketplace, industry or technology standards.
    Type: Application
    Filed: July 29, 2011
    Publication date: November 17, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: Tracey R. Thomas
  • SYSTEM FOR REDUCING INFORMATION REQUIRED TO OPEN A NEW ACCOUNT
    Publication number: 20110282772
    Abstract: An existing customer of a financial institution may open a new account with their financial institution using an optimized online interface. Initially, the interface presents a standard application for a new account in which an extensive number of fields for personal and financial information must be completed. A link is provided on this long application for use by existing account holders only. Upon selection of the link, an existing account holder is instead presented with a short application in which only the account holder's name, a portion of their social security number, their existing account number, and their account confirmation identifier are required to be entered.
    Type: Application
    Filed: July 15, 2011
    Publication date: November 17, 2011
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Yelena Khandros, Lorraine Miranda, Suzanne K Berlin, Randy Okerlund, Rhonda Lee Bertucci, Gregory Alan Glenn