Patents by Inventor Robert Thomas Grothe

Robert Thomas Grothe 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).

  • Payment card benefit value estimator system and method with transaction-based individual cardholder relevance of selectable benefits
    Patent number: 11961104
    Abstract: A payment card benefit assessment system and method includes a computing device accepting payment card benefit catalog information from a payment card issuer and payment card transaction data from a payment card processing network. The payment card transaction data is analyzed to group cardholders into one demographic clusters and to determine an estimated benefit value for each of the demographic clusters. Individualized payment card benefit options are presented to an individual cardholder based on the individual cardholder's payment card transactions and the determined estimated benefit value for a corresponding one of the plurality of demographic clusters.
    Type: Grant
    Filed: December 6, 2021
    Date of Patent: April 16, 2024
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Brian Woodrick, Travis Michael Carpenter, Robert Thomas Grothe
  • PAYMENT CARD BENEFIT VALUE ESTIMATOR SYSTEM AND METHOD WITH TRANSACTION-BASED INDIVIDUAL CARDHOLDER RELEVANCE OF SELECTABLE BENEFITS
    Publication number: 20220092627
    Abstract: A payment card benefit assessment system and method includes a computing device accepting payment card benefit catalog information from a payment card issuer and payment card transaction data from a payment card processing network. The payment card transaction data is analyzed to group cardholders into one demographic clusters and to determine an estimated benefit value for each of the demographic clusters. Individualized payment card benefit options are presented to an individual cardholder based on the individual cardholder's payment card transactions and the determined estimated benefit value for a corresponding one of the plurality of demographic clusters.
    Type: Application
    Filed: December 6, 2021
    Publication date: March 24, 2022
    Inventors: Brian Woodrick, Travis Michael Carpenter, Robert Thomas Grothe
  • Payment card benefit value estimator system and method with transaction-based individual cardholder relevance of selectable benefits
    Patent number: 11195198
    Abstract: A payment card benefit assessment system and method includes a computing device accepting payment card benefit catalog information from a payment card issuer and payment card transaction data from a payment card processing network. The payment card transaction data is analyzed to group cardholders into one demographic clusters and to determine an estimated benefit value for each of the demographic clusters. Individualized payment card benefit options are presented to an individual cardholder based on the individual cardholder's payment card transactions and the determined estimated benefit value for a corresponding one of the plurality of demographic clusters.
    Type: Grant
    Filed: November 12, 2019
    Date of Patent: December 7, 2021
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Brian Woodrick, Travis Michael Carpenter, Robert Thomas Grothe
  • PAYMENT CARD BENEFIT VALUE ESTIMATOR SYSTEM AND METHOD WITH TRANSACTION-BASED INDIVIDUAL CARDHOLDER RELEVANCE OF SELECTABLE BENEFITS
    Publication number: 20210142352
    Abstract: A payment card benefit assessment system and method includes a computing device accepting payment card benefit catalog information from a payment card issuer and payment card transaction data from a payment card processing network. The payment card transaction data is analyzed to group cardholders into one demographic clusters and to determine an estimated benefit value for each of the demographic clusters. Individualized payment card benefit options are presented to an individual cardholder based on the individual cardholder's payment card transactions and the determined estimated benefit value for a corresponding one of the plurality of demographic clusters.
    Type: Application
    Filed: November 12, 2019
    Publication date: May 13, 2021
    Inventors: Brian Woodrick, Travis Michael Carpenter, Robert Thomas Grothe