METHOD FOR LINKING ACCOUNTS CORRESPONDING TO DIFFERENT PRODUCTS TOGETHER TO CREATE A GROUP
Patent №
US 7,050,996
Granted
2006-05-23
Filed 1999
Owner
FIRST DATA RESOURCES INC.
+1 more
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09298505
Linking accounts corresponding to different products together to create a group so that group processing can be performed at the group level while independent processing of the accounts is performed at the account level. The method links the accounts into a group by linking a financial record for each account to group master data for the group. The group master data includes information about the group, including group parameters and a group identifier. A group typically includes a key account and one or more dependent accounts. The relationship between a dependent account and the group is specified by a dependent strategy. A dependent strategy specifies group level processing options for the account. The relationships between the accounts and the group are flexible to accommodate changes in the status of the group cardholders.
AI classification
Ownership
FIRST DATA RESOURCES INC.
assignment · 101040174
FIRST DATA CORPORATION
assignment · 133260844
Assignors
BLAGG, LYNN HOLM, KATHOL, EUGENE F.
On an employer assignment, the assignors are typically the inventors.