Abstract: A method for identifying consumer purchase probability includes: storing transaction data entries, each entry including a transaction time, a consumer identifier, and a first product identifier or second product identifier; receiving transaction data for a specific consumer's transaction including a purchase time and the first product identifier; identifying a present time; calculating a ratio of consumers that have purchased the first and second products to consumers that have only purchased the first product; calculating, for consumer that have purchased both products, an average time interval based on a difference in the transaction time for purchase of the first product and transaction time for purchase of the second product; calculating a recency time based on time between the present time and the purchase time; and calculating a probability that the specific consumer will purchase the second product based on the calculated ratio of consumers, average time interval, and recency time.

Abstract: A system, method, and computer-readable storage medium configured to enable vendor recommendations using payment card transaction information.

Abstract: Systems and methods are directed toward providing lending products to consumers, whose credit records are limited or nonexistent (e.g., unbanked consumers, underbanked consumers, etc.), based on purchasing behaviors of the consumers (with or without separate credit evaluation). In connection with providing the lending products, purchase data is initially received from a merchant for products purchased from the merchant by the consumers. Profiles are then compiled for the consumers, based on the purchase data, and correlated to a metric profile to determine whether or not to qualify the consumers to one or more appropriate lending products.

Abstract: Systems and methods provide information regarding the activity level associated with a point of interest. Authorization records can be stored regarding electronic/cashless payment transactions at one or more points of interest. Activity level, such as the number of transactions that are processed during a particular period of time and/or the duration of time between subsequent transactions processed can reflect the amount of time a consumer may spend or wait to be served at the one or more points of interest. Additionally, activity levels can suggest the desirability of visiting a particular point of interest. Accordingly, based on the stored authorization records, the level of activity at the one or more points of interest can be determined and provided to the consumer to allow the consumer to choose which point of interest to visit based on the consumer's needs and/or desires.

Abstract: Systems and methods are directed toward providing a consumer network, and links between consumers in the network, based on transaction data for consumers. The system generally includes a memory having a data structure of consumers and transaction data associated with the consumers, and a processor coupled to the memory. The processor is configured to execute instructions, stored in the memory, to cause the processor to access transaction data from the data structure for a group of consumers, link consumers in the group based on the transaction data for the consumers, and associate the linked consumers within a consumer network. Each linked consumer in the consumer network is able to view one or more products purchased by at least another linked consumer in the consumer network.

Abstract: A method of generating a more objective consumer confidence and more particularly to tracking consumer confidence objectively based on data regarding past transactions.

Abstract: Systems and method for authenticating reviews are disclosed. One exemplary method includes receiving a request to authenticate a review. The review related to at least one of a commodity and a merchant. The exemplary method further includes identifying a payment account having a first transaction associated with the at least one of the commodity and the merchant. The payment account is associated with the consumer. The exemplary method includes requesting confirmation of a detail of a second transaction to the payment account, the second transaction being different than the first transaction, and issuing, by the server, an authentication for the review, when the detail of the second transaction is confirmed.

Abstract: Systems and methods for evaluating effectiveness of campaigns are disclosed. One exemplary method includes identifying a promotional campaign offered by a merchant during an offer period including an offer of a commodity at a predetermined price, and compiling a first set of payment accounts based on each payment account including a transaction to the merchant at the predetermined price within the offer period. The method also includes correlating the first set of payment accounts to a second set of payment accounts based on at least one identifying criteria associated with transactions to the payment accounts during a correlation period, which is different than the offer period. The method further includes generating and storing a comparison between the first set of payment accounts and the second set of payment accounts for transaction data during the offer period, to thereby indicate an effectiveness of the campaign.

Abstract: Exemplary systems and methods for generating competitive merchant sets for target merchants are disclosed. One exemplary method includes compiling a sample of merchants from a database of merchants, determining a ticket size score, determining a proximity score for each merchant in the sample of merchants, and determining a historic relation score for each merchant in the sample of merchants. The exemplary method further includes generating a competitive merchant set, based on a combination of the ticket size score, proximity score, and the historic relation score.

Abstract: A method and a system directed to location-based services within a wireless telecommunications or data communications network, and more particularly to other technical fields such as technologies used to authenticate secure payment card transactions, technologies to verify and validate payment card user identities, and for use with any application where the results of comparing two or more geographic locations has some utility or value. The method includes receiving information from a transaction device involving a payment card holder initiating a payment card transaction; identifying a location of the transaction device; identifying a location of a mobile device associated with the payment card holder; comparing the location of the transaction device with the location of the mobile device to determine a relative degree of proximity of the transaction device with the mobile device; and assessing the determined relative degree of proximity to determine whether the payment card transaction is valid or invalid.

Abstract: A method for discounting a payment transaction include: storing, in a memory, transaction data for a payment transaction, wherein the transaction data includes at least a transaction amount; receiving, by a receiving device, payment data associated with a payment account, wherein the payment data includes at least a payment account number; receiving, by the receiving device, offer data, wherein the offer data includes an offer identifier associated with the payment account and a transaction modifier; encrypting, using a predetermined encryption key, at least a portion of the payment account number to obtain an encrypted account number; and updating, in the memory, the transaction amount included in the transaction data based on the transaction modifier if the encrypted account number corresponds to the offer identifier.

Abstract: A method includes reading purchased-item information by a point-of-sale (POS) device from a purchased item presented to the POS device. The method further includes determining by the POS device that the purchased item is eligible for warranty registration, and reading a payment card by the POS device. The method also includes querying a customer by the POS device as to whether the customer wishes to trigger warranty registration for the purchased item, and receiving by the POS device an indication from the customer to trigger warranty registration for the purchased item. In addition, the method includes sending by the POS device a message to a customer profile server to trigger warranty registration of the purchased item.

Abstract: Disclosed are exemplary embodiments of systems and methods for processing data associated with a purchasing entity. In an exemplary embodiment, a method generally includes accessing transaction data including a plurality of payment card events, each of the plurality of payment card events occurring within a time interval and being associated with the purchasing entity. The method further includes accessing social network data based on a parameter of the purchasing entity, linking the transaction data and the social network data based on the purchasing entity, determining a predictor based on both the transaction data and the social network data, the predictor indicative of a possible future transaction by the purchasing entity and transmitting, to at least one of the purchasing entity and a merchant, the predictor and/or an offer associated with the predictor.

Abstract: A method for distributing feedback-based offers includes: storing offer data entries, each entry including an offer identifier, offer data, and distribution conditions; storing a consumer profile, the profile including data related to a consumer including a device identifier, consumer data, and offer feedback data; identifying at least one offer data entry based on the distribution conditions and the consumer data and offer feedback data of the consumer profile; transmitting the offer data included in each identified offer data entry to a computing device associated with the device identifier; receiving, from the computing device, an interest level selection corresponding to each identified offer data entry, the interest level selection representing one of a plurality of interest levels indicated by the consumer as a measure of interest towards the respective offer; and updating the offer feedback data to include the offer data and interest level selection for each identified offer data entry.

Abstract: A system, method, and computer-readable storage medium configured to enable vendor recommendations using payment card transaction information.

Abstract: A method for validating limited use offers includes: storing a plurality of offer data entries, each including an offer identifier, limitations on redemption, and a use flag; receiving an offer validation request including a specific offer identifier; identifying a specific offer data entry including the specific offer identifier; generating a notification regarding the validity of the offer when a use flag indicates that the offer has not been redeemed more than a specified number of times and the limitations on redemption of the specific offer data entry are satisfied, and indicates the offer as being invalid when the use flag indicates that the offer has been redeemed more than a specified number of times or one of the limitations on redemption of the specific offer data entry are not satisfied; and transmitting the generated notification.

Abstract: There is provided a system and a method for the generation and management of point-of-sale (POS) electronic payment transaction receipts. The system and method include a POS component that performs a transaction at a location at which a customer and the POS component are physically present together generates content relating to the transaction; and a payment card that identifies a contact address to which an electronic receipt is to be sent. The POS component generates the electronic receipt based on the content relating to the transaction and causes the electronic receipt to be sent to the contact address identified on the payment card. The electronic receipt management system and method are based on payment transaction receipt information across a plurality of merchants, providing customers with an efficient solution for managing their receipts, and allowing merchants to offer better and more targeted recommendations for customers.

Abstract: There is provided a system and a method for the storage of point-of-sale (POS) electronic transaction (e.g., payment transaction or loyalty-based transaction) receipts. The system and method include an electronic storage device having one or more databases of point-of-sale (POS) generated transaction receipt data stored therein, an access path for allowing access to the POS generated transaction receipt data; and a processor for assembling the POS generated transaction receipt data in the one or more databases and for providing the assembled POS generated transaction receipt data to one or more entities that have been granted access to the one or more databases. The receipt storage system and method are based on transaction (e.g., payment transaction or loyalty-based transaction) receipt data across a plurality of merchants, providing customers with an efficient solution for storing and managing their receipts, and allowing merchants to offer better and more targeted recommendations for customers.

Abstract: A method for discounting a payment transaction includes: storing, in a memory, transaction data for a payment transaction, wherein the transaction data includes at least a transaction amount; receiving, by a receiving device, payment data submitted for payment for the payment transaction, wherein the payment data includes at least a consumer identifier corresponding to a consumer and payment information; receiving, by the receiving device, offer data, wherein the offer data includes an offer identifier corresponding to the consumer and a transaction modifier; encrypting, using a predetermined encryption key, the consumer identifier to obtain an encrypted consumer identifier; and updating, in the memory, the transaction amount included in the transaction data based on the transaction modifier if the encrypted consumer identifier corresponds to the offer identifier.

Abstract: A computer-implemented method and system for forecasting a demand for a credit-based payment card implemented using a demand forecasting computer device coupled to a memory device. The method includes retrieving financial transaction data for a plurality of payment card cardholders acquired by the demand forecasting computer device and stored in the memory device, determining variables in the financial transaction data that predict the demand for a credit-based payment card using an independent variables generation engine, integrating the retrieved financial transaction data, economic data received from sources external to the demand forecasting computer device, and data relating to new payment card cardholders based on the determined variables, generating a prediction of the demand for credit in a selectable geographic area using a cross-sectional model of the integrated data and the determined variables, and outputting the prediction.