SYSTEM AND METHOD FOR PREDICTING CARD MEMBER SPENDING USING COLLABORATIVE FILTERING
Patent №
US 7,792,697
Granted
2010-09-07
Filed 2006
Owner
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
Lab
—
AI components
4
ml · kr · planning · evo
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11500492
The disclosed method and system allows a credit or charge card issuer to provide its card members with a list of restaurants that might be of interest based on the financial transactions of similar card members. In one instance, this method filters financial transaction data from a plurality of card members that involves a plurality of restaurants to generate a set of candidate restaurant recommendations for a selected card member. This set of candidate restaurant recommendations is processed to yield a list of restaurant recommendations for the selected customer that is prioritized on the basis of the selected card member accepting the recommendation. The list of restaurant recommendations is then reported to the selected card member to enhance card use and marketing.
AI classification
Ownership
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
assignment · 192180088
Assignors
BHAGCHANDANI, PUNEET B., GARRETT, RACHEL B., MARSHALL, VERNON, BAQRI, ALI H., KARMALI, SIDDHESH
On an employer assignment, the assignors are typically the inventors.