Patents by Inventor Sangarsh Nigam
Sangarsh Nigam 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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Patent number: 10902427Abstract: Systems and methods of improving the operation of a transaction network and transaction network devices is disclosed. A transaction network host may comprise various modules and engines as discussed herein wherein the probability that a transaction is a business or personal transaction may be evaluated for establishing proper usage of differentiated transaction instruments according to their proper purposes. For instance, a probable personal transaction may be identified as being associated with a business-oriented transaction card, whereby the transaction network may tailor the handling of the transaction, such as by denying it, whereby the transaction network may actively deter misuse of transaction products whereby the transaction network more properly functions according to approved parameters.Type: GrantFiled: November 30, 2015Date of Patent: January 26, 2021Assignee: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: Vernon Marshall, Sangarsh Nigam, Ashish Sharma, Bhupinder Singh, Mira Srinivasan
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Publication number: 20190034943Abstract: Systems and methods of improving the operation of a transaction network and transaction network devices is disclosed. A spend engagement and relevance diagnostics host may comprise various modules and engines wherein a merchant and/or customer transaction record may be evaluated for establishing proper usage of differentiated transaction instruments according to their proper purposes, proper acceptance by merchants of differentiated transaction instruments, and delivery of value-added data such as electronically indicated offers.Type: ApplicationFiled: October 4, 2018Publication date: January 31, 2019Applicant: American Express Travel Related Services Company, Inc.Inventors: Ashish Kapatia Sharma, Sangarsh Nigam, Arnab Bose, Mira Srinivasan, Faisal Ahmad
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Publication number: 20170213223Abstract: Systems and methods of improving the operation of a transaction network and transaction network devices is disclosed. A VIC assignment system may comprise various modules and engines as discussed herein wherein a VIC code may be determined and assigned to a merchant for establishing proper usage of differentiated transaction instruments according to their proper purposes, marketing and cross-marketing of differentiated transaction instruments, and provision of value-added services, such as credit risk evaluation, fraud detection, bonusing, and dispute arbitration. For instance, a VIC code may be identified, whereby the VIC assignment system may tailor the handling of the transactions, such as by denying them, whereby the transaction network may actively deter misuse of transaction products, or tailor the handling of electronically delivered advertisements, such as by targeting them, whereby the transaction network more properly functions according to approved parameters.Type: ApplicationFiled: January 21, 2016Publication date: July 27, 2017Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: Ravi Batra, Dheeraj Chandrashekar, Vic S. Chawla, Ashish Dabas, Vernon Marshall, Sangarsh Nigam, Ashish Kapatia Sharma
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Publication number: 20170154336Abstract: Systems and methods of improving the operation of a transaction network and transaction network devices is disclosed. A transaction network host may comprise various modules and engines as discussed herein wherein the probability that a transaction is a business or personal transaction may be evaluated for establishing proper usage of differentiated transaction instruments according to their proper purposes. For instance, a probable personal transaction may be identified as being associated with a business-oriented transaction card, whereby the transaction network may tailor the handling of the transaction, such as by denying it, whereby the transaction network may actively deter misuse of transaction products whereby the transaction network more properly functions according to approved parameters.Type: ApplicationFiled: November 30, 2015Publication date: June 1, 2017Applicant: American Express Travel Related Services Company, Inc.Inventors: Vernon Marshall, Sangarsh Nigam, Ashish Sharma, Bhupinder Singh, Mira Srinivasan
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Publication number: 20170148034Abstract: Systems and methods of improving the operation of a transaction network and transaction network devices is disclosed. A spend engagement and relevance diagnostics host may comprise various modules and engines wherein a merchant and/or customer transaction record may be evaluated for establishing proper usage of differentiated transaction instruments according to their proper purposes, proper acceptance by merchants of differentiated transaction instruments, and delivery of value-added data such as electronically indicated offers.Type: ApplicationFiled: November 23, 2015Publication date: May 25, 2017Applicant: American Express Travel Related Services Company, Inc.Inventors: Ashish Kapatia Sharma, Sangarsh Nigam, Arnab Bose, Mira Srinivasan, Faisal Ahmad
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Publication number: 20150039399Abstract: The present disclosure relates to a tool for identifying the probability of liquidation of a company. The system may be configured to collect indicators of liquidation data from a plurality of companies. The system may analyze the indicators of liquidation data to determine placement of a company of the plurality companies along a bankruptcy timeline. The system may mitigate a downside risk to a financial institution based on the placement. The computer based system may be configured to determine if a company has entered a bankruptcy proceeding. Term data may be scraped from a website, such as PACER, comprising legal proceeding data associated with the company for targeted terms. The computer based system may be configured to collect financial indicators pertinent to the bankruptcy proceeding from financial reports, analyze based on the identified targeted terms, the financial indicators.Type: ApplicationFiled: August 1, 2013Publication date: February 5, 2015Applicant: American Express Travel Related Services Company, Inc.Inventors: Brendan McCormick, Sangarsh Nigam
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Publication number: 20150039385Abstract: The present disclosure relates to a tool for identifying the probability of liquidation of a company. The system may be configured to collect indicators of liquidation data from a plurality of companies. The system may analyze the indicators of liquidation data to determine placement of a company of the plurality companies along a bankruptcy timeline. The system may mitigate a downside risk to a financial institution based on the placement. The computer based system may be configured to determine if a company has entered a bankruptcy proceeding. Term data may be scraped from a website, such as PACER, comprising legal proceeding data associated with the company for targeted terms. The computer based system may be configured to collect financial indicators pertinent to the bankruptcy proceeding from financial reports, analyze based on the identified targeted terms, the financial indicators.Type: ApplicationFiled: August 1, 2013Publication date: February 5, 2015Applicant: American Express Travel Related Services Company, Inc.Inventors: Brendan McCormick, Sangarsh Nigam
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Patent number: 7314166Abstract: The invention facilitates the compilation of client-imposed charge or credit limit reports based on declined purchase and/or payment transactions. The invention provides a system and method by which an account manager for a financial institution and/or a client program administrator company may perform analysis of spending patterns for cardmembers in order to determine an optimal client-imposed credit limit in order to reduce the occurrences of declined charge or credit transactions. An account manager for a financial institution and/or a client program administrator may use the limits report to persuade a cardmember to increase the client-imposed credit limit to a recommended level, thereby reducing the cardmember's inconvenience cased by declined purchase transactions while recapturing lost revenues by the card issuer also resulting from declined purchase transactions.Type: GrantFiled: April 1, 2005Date of Patent: January 1, 2008Assignee: American Express Travel Related Services Company, Inc.Inventors: Gordon Emory Anderson, Catherine J. Campanaro, William Gaines Coomer, Michael Gregory James, Aniruddha V. Khandekar, Sangarsh Nigam, Gary West
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Patent number: 7309008Abstract: The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions.Type: GrantFiled: October 23, 2006Date of Patent: December 18, 2007Assignee: American Express Travel Related Services Company, Inc.Inventors: Gordon Emory Anderson, Catherine J Campanaro, David S Connelly, Sanjay Madaan, Kevin L Moore, Sangarsh Nigam, Yulona Sue Wong
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Publication number: 20070040020Abstract: The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions.Type: ApplicationFiled: October 23, 2006Publication date: February 22, 2007Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INCInventors: Gordon Anderson, Catherine Campanaro, David Connelly, Sanjay Madaan, Kevin Moore, Sangarsh Nigam, Yulona Wong
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Patent number: 7143936Abstract: The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions.Type: GrantFiled: February 9, 2005Date of Patent: December 5, 2006Assignee: American Express Travel Related Services Company, Inc.Inventors: Gordon Emory Anderson, Catherine J. Campanaro, David S. Connelly, Sanjay Madaan, Kevin L. Moore, Sangarsh Nigam, Yulona Sue Wong
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Publication number: 20060178984Abstract: The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions.Type: ApplicationFiled: February 9, 2005Publication date: August 10, 2006Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: Gordon Anderson, Catherine Campanaro, David Connelly, Sanjay Madaan, Kevin Moore, Sangarsh Nigam, Yulona Wong
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Publication number: 20050279824Abstract: The invention facilitates the compilation of client-imposed charge or credit limit reports based on declined purchase and/or payment transactions. The invention provides a system and method by which an account manager for a financial institution and/or a client program administrator company may perform analysis of spending patterns for cardmembers in order to determine an optimal client-imposed credit limit in order to reduce the occurrences of declined charge or credit transactions. An account manager for a financial institution and/or a client program administrator may use the limits report to persuade a cardmember to increase the client-imposed credit limit to a recommended level, thereby reducing the cardmember's inconvenience cased by declined purchase transactions while recapturing lost revenues by the card issuer also resulting from declined purchase transactions.Type: ApplicationFiled: April 1, 2005Publication date: December 22, 2005Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: Gordon Anderson, Catherine Campanaro, William Coomer, Michael James, Aniruddha Khandekar, Sangarsh Nigam, Gary West