SYSTEM AND METHOD FOR PLATFORM-DRIVEN SAVINGS OPPORTUNITY MATCHING

• US 20120004975A1
• Filed: 07/11/2011
• Published: 01/05/2012
• Est. Priority Date: 01/21/2009
• Status: Abandoned Application

• Current Assignee: Truaxis, Inc. (MasterCard Incorporated)
• Original Assignee: Truaxis, Inc. (MasterCard Incorporated)
• Inventors: Satyavolu, Ramakrishna, Kothari, Samir, Daredia, Shehzad, Nakshatrala, Bala Krishna, Perumal, Saravana
• Application Number:
  US13/180,511
• Publication Number:
  US 20120004975A1
• Time in Patent Office: Days
• US Class Current: 705/14.27
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/0226 Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems
• CPC Class Codes: G06Q 30/0254 based on statistics
• CPC Class Codes: G06Q 30/0255 based on user history
• CPC Class Codes: G06Q 30/0269 based on user profile or attribute
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: H04M 15/00 Arrangements for metering, time-control or time indication ; Metering, charging or billing arrangements for voice wireline or wireless communications, e.g. VoIP
• CPC Class Codes: H04M 15/44 Augmented, consolidated or itemized billing statement or bill presentation
• CPC Class Codes: H04M 15/58 based on statistics of usage or network monitoring
• CPC Class Codes: H04M 15/745 Customizing according to wishes of subscriber, e.g. friends or family
• CPC Class Codes: H04M 15/80 Rating or billing plans; Tariff determination aspects
• CPC Class Codes: H04M 15/8011 using class of subscriber
• CPC Class Codes: H04M 15/8044 Least cost routing
• CPC Class Codes: H04M 15/805 Bidding
• CPC Class Codes: H04M 15/8083 involving reduced rates or discounts, e.g. time-of-day reductions or volume discounts
• CPC Class Codes: H04M 15/83 Notification aspects
• CPC Class Codes: H04M 15/84 Types of notifications
• CPC Class Codes: H04M 15/85 characterised by the type of condition triggering a notification
• CPC Class Codes: H04M 15/851 Determined tariff
• CPC Class Codes: H04M 2215/0104 : Augmented, consolidated or itemised billing statement, e.g. additional billing information, bill presentation, layout, format, e-mail, fax, printout, itemised bill per service or per account, cumulative billing, consolidated billing
• CPC Class Codes: H04M 2215/0108 : Customization according to wishes of subscriber, e.g. customer preferences, friends and family, selecting services or billing options, Personal Communication Systems [PCS]
• CPC Class Codes: H04M 2215/018 : On-line real-time billing, able to see billing information while in communication, e.g. via the internet
• CPC Class Codes: H04M 2215/0184 : involving reduced rates or discounts, e.g. time-of-day reductions, volume discounts, cell discounts, group billing, frequent calling destination(s) or user history list
• CPC Class Codes: H04M 2215/0188 : Network monitoring; statistics on usage on called/calling number
• CPC Class Codes: H04M 2215/74 : Rating aspects, e.g. rating parameters or tariff determination apects
• CPC Class Codes: H04M 2215/7407 : class of subscriber
• CPC Class Codes: H04M 2215/745 : Least cost routing, e.g. Automatic or manual, call by call or by preselection
• CPC Class Codes: H04M 2215/7457 : Biding
• CPC Class Codes: H04M 2215/81 : Notifying aspects, e.g. notifications or displays to the user
• CPC Class Codes: H04M 2215/8129 : Type of notification
• CPC Class Codes: H04M 2215/815 : Notification when a specific condition, service or event is met

Abstract

A system and method for platform-driven savings opportunity matching includes gathering transaction data from a user'"'"'s financial account, wherein the user'"'"'s financial account is a financial institution account that is maintained on behalf of the user and analyzing the transaction data for a psychographic inference. A savings opportunity from a database of savings opportunities is matched to the user based on the psychographic inference. The savings opportunity is displayed in association with a statement of the user'"'"'s financial account.

Claims

1. A method, comprising:

gathering transaction data from a user'"'"'s financial account, wherein the user'"'"'s financial account is a financial institution account that is maintained on behalf of the user;

analyzing the transaction data for a psychographic inference;

matching a savings opportunity from a database of savings opportunities to the user based on the psychographic inference; and

displaying the savings opportunity in association with a statement of the user'"'"'s financial account.

2. The method of claim 1, further comprising gathering a past response to a savings opportunity indication and analyzing it, wherein the savings opportunity is based on both the analyzed transaction data and past response data.

3. The method of claim 1, wherein the statement is at least one of an online statement, an online graphical user interface associated with the user'"'"'s financial account, an online bill pay area, a dialog box associated with the user'"'"'s financial account, an ATM receipt, a teller receipt, a mobile statement, and a paper statement.

4. The method of claim 1, wherein the step of analyzing comprises extracting at least one of a merchant name, a merchant category, a merchant location, a store number, a transaction amount, a transaction frequency, a zip code, a store category, a transaction description, and a total spending amount.

5. The method of claim 1, wherein the psychographic inference relates to at least one of a credit rating, a gender, an age group, a life event, an income level, and a demographic.

6. The method of claim 1, wherein the savings opportunity comprises an offer to perform a bill analysis.

7. The method of claim 6, further comprising generating and displaying a link, in a graphical user interface to the user'"'"'s financial account, to a transaction assessment user interface to compare the transaction to a plurality of alternative offers.

8. The method of claim 1, wherein the savings opportunity is a coupon.

9. The method of claim 8, wherein the coupon is a barcode presented on a mobile device.

10. The method of claim 8, wherein the coupon is a printed coupon presented in a statement.

11. The method of claim 8, wherein the coupon is an online redemption coupon code.

12. The method of claim 1, wherein the savings opportunity is an automatic discount on a subsequent transaction.

13. The method of claim 1, wherein the savings opportunity is a credit on a subsequent transaction.

14. The method of claim 13, wherein when the user makes the subsequent transaction, the user receives the credit.

15. The method of claim 1, wherein the savings opportunity is a pre-paid offer.

16. The method of claim 15, wherein the pre-paid offer is charged immediately to the user'"'"'s financial account.

17. The method of claim 15, wherein the pre-paid offer is redeemed via at least one of an online coupon code, an in-store coupon, and a mobile phone coupon.

18. The method of claim 1, wherein the savings opportunity is a merchant loyalty program.

19. The method of claim 1, wherein the step of matching is limited to savings opportunities near a user'"'"'s identified location.

20. The method of claim 19, wherein the user'"'"'s location is at least one of identified manually by the user and identified automatically from a mobile device implementing the method.