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.

PlanningG06Q 40/02G06Q 20/10G06Q 40/12

AI classification

Planning0.72
Knowledge representation0.04
Natural language0.00
Machine learning0.00
Vision0.00
AI hardware0.00
Speech0.00
Evolutionary computation0.00

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.

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