Patents by Inventor Simran Kalra

Simran Kalra 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).

  • Calculating and displaying interest avoided by use of a particular interest calculation method
    Patent number: 7702547
    Abstract: Systems, methods, and computer program products for presenting, on a statement associated with a financial transaction instrument, an amount of interest avoided during a statement period. A first interest amount is computed for the statement period according to a first interest calculation method, the first interest amount being an interest amount actually billed to the transaction instrument account holder. A second interest amount is computed for the statement period according to a second interest calculation method. An amount of interest avoided for the statement period is computed by taking a difference of the first interest amount and the second interest amount. The amount of interest avoided for the statement period is displayed on the statement, whereby the holder of the transaction instrument is informed as to the amount of interest avoided by use of the first interest calculation method, rather than the second interest calculation method.
    Type: Grant
    Filed: October 21, 2005
    Date of Patent: April 20, 2010
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Simran Kalra, Brette Kameny, Anita Kozminsky, James Mahon, Pamela Reid-Morgan, Peter S. Smith
  • Calculating and displaying interest avoided by use of a particular interest calculation method
    Publication number: 20070094134
    Abstract: Systems, methods, and computer program products for presenting, on a statement associated with a financial transaction instrument, an amount of interest avoided during a statement period. A first interest amount is computed for the statement period according to a first interest calculation method, the first interest amount being an interest amount actually billed to the transaction instrument account holder. A second interest amount is computed for the statement period according to a second interest calculation method. An amount of interest avoided for the statement period is computed by taking a difference of the first interest amount and the second interest amount. The amount of interest avoided for the statement period is displayed on the statement, whereby the holder of the transaction instrument is informed as to the amount of interest avoided by use of the first interest calculation method, rather than the second interest calculation method.
    Type: Application
    Filed: October 21, 2005
    Publication date: April 26, 2007
    Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES CO., INC.
    Inventors: Simran Kalra, Brette Kameny, Anita Kozminsky, James Mahon, Pamela Reid-Morgan, Peter Smith