Transaction Aggregator

• US 20100125547A1
• Filed: 11/10/2009
• Published: 05/20/2010
• Est. Priority Date: 11/19/2008
• Status: Active Grant

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: HILGERS, NANCY, BARRETT, MELYSSA, SCOTT, JOE
• Granted Patent: US 9,818,118 B2
• Time in Patent Office: Days
• US Class Current: 707/607
• CPC Class Codes: G06F 16/24556 Aggregation; Duplicate elimination
• CPC Class Codes: G06Q 10/067 Enterprise or organisation modelling
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

Abstract

Systems and methods for determining and reporting aggregated transaction level data regarding a particular user are disclosed. Based on the requests of one or more information requesters, an aggregator server can request transaction level data for all accounts associated with a particular user or a group of users from a transaction database. The transaction database returns raw transaction level data for accounts associated with the particular user to the aggregator server. The aggregator server can then parse the raw transaction level data based on a number of transaction level data elements and information requester input. The parsed raw transaction level data can then be used to determine the number of predefined or information requester defined transaction level data aggregates. The resulting transaction level data aggregates can then be sent in a report to the one or more information requesters.

Claims

1. A method for deriving aggregated transaction data comprising:

sending a transaction data inquiry from an aggregator server to a transaction database;

receiving a transaction data response file from the transaction database at the aggregator server;

parsing the transaction data response file according to requests for aggregated data using the aggregator system; and

determining aggregated transaction data from the parsed transaction data using the aggregator server.

2. The method of claim 1 furthering comprising generating a report file including the aggregated transaction data using the aggregator server and sending the report file from the aggregator server to one or more information requesters.

3. The method of 2 wherein the transaction data response file comprises raw transaction level data.

4. The method of claim 3 wherein the raw transaction level data comprises raw transaction data records for all accounts associated with a particular user.

5. The method of claim 4 wherein the raw transaction level data further comprises a plurality of transaction level data elements.

6. The method of claim 4 wherein the aggregated transaction data comprises credit risk management indicators.

7. The method of claim 6 wherein parsing the transaction data response file comprises grouping transaction level data records according to one or more transaction data level elements.

8. The method of claim 6 wherein parsing the transaction data response file comprises extracting transaction data elements based on transaction level data element identifiers.

9. A system for deriving aggregated transaction data comprising:

a memory; and

a processor;

wherein the processor is configured to receive a transaction data response file from a transaction database, parse the transaction data file according to a plurality of model transaction aggregates stored in the memory, and determine aggregated transaction data from the parsed transaction data.

10. The system of claim 9 wherein the processor is further configured to generate a report file including the aggregated transaction data and to send the report file to one or more information requesters.

11. The system of claim 10 wherein the plurality of model transaction aggregates comprises account acquisition or account management indicators.

12. The system of claim 11 wherein the transaction data response file comprises raw transaction level data.

13. The system of claim 12 wherein the raw transaction level data comprises raw transaction data records for all accounts associated with a particular user.

14. The system of claim 13 wherein the raw transaction level data further comprises a plurality of transaction level data elements.

15. The system of claim 13 wherein the aggregated transaction data comprises account acquisition and account management indicators.

16. The system of claim 12 wherein the processor is further configured parse the transaction data response file by grouping transaction level data records according to one or more transaction data level elements.

17. The system of claim 12 wherein the processor is further configured parse the transaction data response file by extracting transaction data elements based on transaction level data element identifiers.