Registers – Systems controlled by data bearing records – Credit or identification card systems
Reexamination Certificate
2006-12-05
2006-12-05
Fureman, Jared J. (Department: 2876)
Registers
Systems controlled by data bearing records
Credit or identification card systems
C705S035000, C705S038000, C705S039000, C705S040000
Reexamination Certificate
active
07143936
ABSTRACT:
The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions. A program administrator may also utilize the present invention to provide any number of limit scenarios in order to persuade a card member to increase their client-imposed credit limit to an optimal level thereby reducing the card member's inconvenience caused by declined purchase transactions while recapturing lost revenues by the card issuer.
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Anderson Gordon Emory
Campanaro Catherine J.
Connelly David S.
Madaan Sanjay
Moore Kevin L.
American Express Travel Related Services Company Inc.
Fureman Jared J.
Hess Daniel A.
Snell & Wilmer L.L.P.
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