Patents by Inventor Scott B. Brooks

Scott B. Brooks 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).

  • System and method for transferring a financial transaction account according to predetermined criteria
    Patent number: 7552866
    Abstract: Migration of a first type of financial transaction instrument to a second type of financial transaction instrument is beneficial when the first instrument no longer is suitable for an account holder due to a change in the account holder's situation. A list of consumers for which an event has occurred during a pre-defined time period is compared with a list of account holders of the first instrument to determine an account holder for which the event has occurred during the pre-defined time period. If it is determined that the account holder has provided prior instructions authorizing automatic migration, then the first instrument is migrated to the second instrument by issuing the second instrument, notifying the account holder that migration has taken place or will take place, and updating account information to indicate migration to the second instrument.
    Type: Grant
    Filed: December 5, 2005
    Date of Patent: June 30, 2009
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Noga Ruttenberg, Jennifer Bernstein, Carl T. Horton, Jr., Scott B. Brooks