Patents by Inventor Cheung Tat Chan
Cheung Tat Chan 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: 20120290357Abstract: A method and system are used to identify industry segments with highest potential for new customers or new spending for current customers. This includes receiving data, segregated into each of a plurality of industries, relating to a number of small businesses, cost of goods sold for each of the small businesses, and percentage of cost of goods sold that is spent on raw materials and inventory for each of the small businesses. Capturing data, segregated into each of the plurality of industries, relating to average amount charged per current card member, percentage of the current card members charging the raw materials and the inventory, percentage of card member penetration, and total estimated charging for the current card members. Determining which of the plurality of industries or segments are available for a highest potential for new card members.Type: ApplicationFiled: June 22, 2012Publication date: November 15, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Eliot R. Hamlisch, Dan Cheung Tat Chan
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Publication number: 20120203593Abstract: A method and system are used to optimize utilization of a transaction card by a card member. The system and method including generating a first data set based on data stored in a database representing industries of the card members. Generating a second data set representing an average amount charged to a transaction account by the card members in each respective one of the industries based on the first data set. Comparing the average amount charged from the first generating step to an actual amount charged by each individual one of the card members in a respective one of the industries. Communicating a result of the comparison to the card members. Receiving data from the card members based on their receiving of the comparison result. Storing the data in the database or a lead management device, such that the data is updated.Type: ApplicationFiled: April 17, 2012Publication date: August 9, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Allison M. Romano, Dan Cheung Tat Chan
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Patent number: 8229783Abstract: A method and system are used to identify industry segments with highest potential for new customers or new spending for current customers. This includes receiving data, segregated into each of a plurality of industries, relating to a number of small businesses, cost of goods sold for each of the small businesses, and percentage of cost of goods sold that is spent on raw materials and inventory for each of the small businesses. Capturing data, segregated into each of the plurality of industries, relating to average amount charged per current card member, percentage of the current card members charging the raw materials and the inventory, percentage of card member penetration, and total estimated charging for the current card members. Determining which of the plurality of industries or segments of the plurality of the industries are available for a highest potential for new card members or that are available for a greatest amount of incremental increased charging by the current card members.Type: GrantFiled: April 22, 2011Date of Patent: July 24, 2012Assignee: American Express Travel Related Services Company, Inc.Inventors: Eliot R. Hamlisch, Dan Cheung Tat Chan
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Patent number: 8177130Abstract: A method and system are used to optimize utilization of a transaction card by a card member. The system and method including generating a first data set based on data stored in a database representing industries of the card members. Generating a second data set representing an average amount charged to a transaction account by the card members in each respective one of the industries based on the first data set. Comparing the average amount charged from the first generating step to an actual amount charged by each individual one of the card members in a respective one of the industries. Communicating a result of the comparison to the card members. Receiving data from the card members based on their receiving of the comparison result. Storing the data in the database or a lead management device, such that the data is updated.Type: GrantFiled: March 2, 2011Date of Patent: May 15, 2012Assignee: American Express Travel Related Services Company, Inc.Inventors: Allison M. Romano, Dan Cheung Tat Chan
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Publication number: 20110202386Abstract: A method and system are used to identify industry segments with highest potential for new customers or new spending for current customers. This includes receiving data, segregated into each of a plurality of industries, relating to a number of small businesses, cost of goods sold for each of the small businesses, and percentage of cost of goods sold that is spent on raw materials and inventory for each of the small businesses. Capturing data, segregated into each of the plurality of industries, relating to average amount charged per current card member, percentage of the current card members charging the raw materials and the inventory, percentage of card member penetration, and total estimated charging for the current card members. Determining which of the plurality of industries or segments of the plurality of the industries are available for a highest potential for new card members or that are available for a greatest amount of incremental increased charging by the current card members.Type: ApplicationFiled: April 22, 2011Publication date: August 18, 2011Applicant: American Express Travel Related Services Company, Inc.Inventors: Eliot R. Hamlisch, Dan Cheung Tat Chan
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Publication number: 20110153340Abstract: A method and system are used to optimize utilization of a transaction card by a card member. The system and method including generating a first data set based on data stored in a database representing industries of the card members. Generating a second data set representing an average amount charged to a transaction account by the card members in each respective one of the industries based on the first data set. Comparing the average amount charged from the first generating step to an actual amount charged by each individual one of the card members in a respective one of the industries. Communicating a result of the comparison to the card members. Receiving data from the card members based on their receiving of the comparison result. Storing the data in the database or a lead management device, such that the data is updated.Type: ApplicationFiled: March 2, 2011Publication date: June 23, 2011Applicant: American Express Travel Related Services Company, Inc.Inventors: Allison M. Romano, Dan Cheung Tat Chan
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Patent number: 7953627Abstract: A method and system are used to identify industry segments with highest potential for new customers or new spending for current customers. This includes receiving data, segregated into each of a plurality of industries, relating to a number of small businesses, cost of goods sold for each of the small businesses, and percentage of cost of goods sold that is spent on raw materials and inventory for each of the small businesses. Capturing data, segregated into each of the plurality of industries, relating to average amount charged per current card member, percentage of the current card members charging the raw materials and the inventory, percentage of card member penetration, and total estimated charging for the current card members. Determining which of the plurality of industries or segments of the plurality of the industries are available for a highest potential for new card members or that are available for a greatest amount of incremental increased charging by the current card members.Type: GrantFiled: December 12, 2006Date of Patent: May 31, 2011Assignee: American Express Travel Related Services Company, Inc.Inventors: Eliot R. Hamlisch, Dan Cheung Tat Chan
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Patent number: 7949543Abstract: The disclosed methods, systems, and computer-program products allow a credit or charge card issuer to promote healthcare information technology (HIT) products to physician card members that are affiliated with a healthcare organization, such as a preferred-provider organization (PPO). In an embodiment, the PPO endorses at least one HIT product, such as an electronic medical record (EMR), and the PPO identifies the endorsed HIT product to a transactional card provider. The transactional card provider then identifies at least one supplier of the endorsed HIT product and negotiates a discount on the endorsed HIT product when purchased from identified HIT supplier using a financial transaction instrument issued by the transactional card provider. The financial transaction instrument may be provided to the physician card member, who may purchase the endorsed HIT product from the identified supplier at the negotiated discount.Type: GrantFiled: February 13, 2007Date of Patent: May 24, 2011Assignee: Oltine Acquisitions NY LLCInventors: Cheung Tat Chan, Andrew L. Gorrin, Nancy E. Hood
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Patent number: 7913901Abstract: A method and system are used to optimize utilization of a transaction card by a card member. The system and method including generating a first data set based on data stored in a database representing industries of the card members. Generating a second data set representing an average amount charged to a transaction account by the card members in each respective one of the industries based on the first data set. Comparing the average amount charged from the first generating step to an actual amount charged by each individual one of the card members in a respective one of the industries. Communicating a result of the comparison to the card members. Receiving data from the card members based on their receiving of the comparison result. Storing the data in the database or a lead management device, such that the data is updated.Type: GrantFiled: December 7, 2006Date of Patent: March 29, 2011Assignee: American Express Travel Related Services Company, Inc.Inventors: Allison M. Romano, Dan Cheung Tat Chan
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Patent number: 7908189Abstract: A system, method, and computer program product are used to automatically post substantially all transactions associated with a transaction account into a general ledger. Recent transaction data associated with the transaction account is received. The recent transaction data is compared (e.g., matched) to stored and categorized transaction data in the general ledger to determine a new transaction data portion of the recent transaction data. The new transaction data portion is categorized. The categorized new transaction data portion is stored in the general ledger.Type: GrantFiled: February 27, 2006Date of Patent: March 15, 2011Assignee: American Express Travel Related Services Company, Inc.Inventors: Cheung Tat Chan, Andrew L. Gorrin
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Publication number: 20080195415Abstract: The disclosed methods, systems, and computer-program products allow a credit or charge card issuer to promote healthcare information technology (HIT) products to physician card members that are affiliated with a healthcare organization, such as a preferred-provider organization (PPO). In an embodiment, the PPO endorses at least one HIT product, such as an electronic medical record (EMR), and the PPO identifies the endorsed HIT product to a transactional card provider. The transactional card provider then identifies at least one supplier of the endorsed HIT product and negotiates a discount on the endorsed HIT product when purchased from identified HIT supplier using a financial transaction instrument issued by the transactional card provider. The financial transaction instrument may be provided to the physician card member, who may purchase the endorsed HIT product from the identified supplier at the negotiated discount.Type: ApplicationFiled: February 13, 2007Publication date: August 14, 2008Applicant: American Express Travel Related Services Company, Inc.Inventors: Cheung Tat Chan, Andrew L. Gorrin, Nancy E. Hood
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Publication number: 20080140507Abstract: A method and system are used to identify industry segments with highest potential for new customers or new spending for current customers. This includes receiving data, segregated into each of a plurality of industries, relating to a number of small businesses, cost of goods sold for each of the small businesses, and percentage of cost of goods sold that is spent on raw materials and inventory for each of the small businesses. Capturing data, segregated into each of the plurality of industries, relating to average amount charged per current card member, percentage of the current card members charging the raw materials and the inventory, percentage of card member penetration, and total estimated charging for the current card members. Determining which of the plurality of industries or segments of the plurality of the industries are available for a highest potential for new card members or that are available for a greatest amount of incremental increased charging by the current card members.Type: ApplicationFiled: December 12, 2006Publication date: June 12, 2008Applicant: American Express Travel Related Services Company, Inc.Inventors: Eliot R. Hamlisch, Dan Cheung Tat Chan
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Publication number: 20080140505Abstract: A method and system are used to optimize utilization of a transaction card by a card member. The system and method including generating a first data set based on data stored in a database representing industries of the card members. Generating a second data set representing an average amount charged to a transaction account by the card members in each respective one of the industries based on the first data set. Comparing the average amount charged from the first generating step to an actual amount charged by each individual one of the card members in a respective one of the industries. Communicating a result of the comparison to the card members. Receiving data from the card members based on their receiving of the comparison result. Storing the data in the database or a lead management device, such that the data is updated.Type: ApplicationFiled: December 7, 2006Publication date: June 12, 2008Applicant: American Express Travel Related Services Company, Inc.Inventors: Allison M. Romano, Dan Cheung Tat Chan