SYSTEM AND METHOD FOR ASSIGNING A LINE OF CREDIT TO A CREDIT CARD ACCOUNT

Patent №

US 8,600,869

Granted

2013-12-03

Filed 1999

Owner

CAPITAL ONE FINANCIAL CORPORATION

+1 more

Lab

AI components

2

kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09386160

A system assigns a credit limit to an account for a credit card of a card holder based on whether the card holder poses an acceptable risk. The system activates an account for the credit card, assigns an initial credit limit well below a tolerance level to the account, develops credit history data based on account activity during predetermined short intervals of time, evaluates the credit history data after each of the predetermined short time intervals, and determines whether to increase the credit limit of the account based on the evaluated credit history.

AI classification

Planning1.00
Knowledge representation0.67
AI hardware0.16
Evolutionary computation0.03
Machine learning0.01
Natural language0.00
Vision0.00
Speech0.00

Ownership

CAPITAL ONE FINANCIAL CORPORATION

assignment · 103940733

CAPITAL ONE SERVICES, LLC

assignment · 447230979

Assignors

ROTMAN, FRANK

On an employer assignment, the assignors are typically the inventors.

From the same owner

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