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.

Machine learningKnowledge representationPlanningEvolutionary computationG06Q 30/0254G06Q 30/02G06Q 30/0202G06Q 30/0251G06Q 30/0255G06Q 30/0261G06Q 30/04G06Q 50/12

AI classification

Planning1.00
Machine learning1.00
Evolutionary computation0.98
Knowledge representation0.97
AI hardware0.28
Natural language0.03
Vision0.00
Speech0.00

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.

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