METHOD AND SYSTEM FOR DETERMINING CREDIT RISK FROM DRIVING BEHAVIOR

• US 20140136397A1
• Filed: 11/15/2012
• Published: 05/15/2014
• Est. Priority Date: 11/15/2012
• Status: Abandoned Application

• Current Assignee: Gordon Howard Associates Incorporated
• Original Assignee: Gordon Howard Associates Incorporated
• Inventors: MORGAN, Gerald A., SCHWARZ, Stanley G., MACHECA, Christopher M.
• Application Number:
  US13/678,219
• Publication Number:
  US 20140136397A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

Determining credit risk from driving behavior. At least some of the illustrative embodiments are methods including: determining an indication of credit risk related to a driving behavior of a driver in a vehicle, the determining by: detecting movement of the vehicle; collecting data related to the driving behavior of the driver; and creating the indication of credit risk for the driver.

Claims

1-2. -2. (canceled)

3. A method comprising:

determining an indication of credit risk related to a driving behavior of a driver in a vehicle, the determining by;

identifying the driver by an onboard device, the identifying by way of at least one selected from the group comprising;

a radio-frequency signal from an electronic key fob assigned to the driver; and

a wireless signal from a mobile device;

detecting, by the onboard device, movement of the vehicle;

collecting data related to the driving behavior the driver; and

creating the indication of credit risk for the driver.

4. The method of claim 3 further comprising sending the indication of credit risk to a third party.

5. The method of claim 4 wherein sending the indication of credit risk further comprises sending to a credit institution.

6. The method of claim 3 wherein collecting data further comprises collecting at least one selected from the group comprising:

location of the vehicle;

speed of the vehicle;

acceleration of the vehicle;

deceleration of the vehicle;

turn signal usage of the vehicle; and

seat belt usage of the vehicle.

7. The method of claim 3 wherein detecting the movement of the vehicle further comprises detecting the movement based on Global Positioning System monitoring of the vehicle.

8. The method of claim 3 wherein detecting the movement of the vehicle further comprises detecting by a three-axis accelerometer associated with the vehicle.

9-10. -10. (canceled)

11. A system comprising:

an onboard device comprising;

a processor;

a global positioning system receiver coupled to the processor;

a wireless interface coupled to the processor;

a radio frequency receiver coupled to the processor;

a memory coupled to the processor, the memory storing a program that, when executed by the processor, causes the processor to;

identify a driver in a vehicle, by way of at least one selected from the group consisting of;

a radio-frequency signal received from an electronic key fob assigned to the driver; and

a wireless signal received from a mobile device located within the vehicle;

detect a movement of the vehicle related to a driving behavior of the driver;

collect data related to the driving behavior of the driver; and

send the data to a remote operations center.

15. The system of claim 11 wherein when the processor collects, the program further causes the processor to collect data related to at least one selected from the group comprising:

location of the vehicle;

speed of the vehicle;

acceleration of the vehicle;

deceleration of the vehicle;

turn signal usage of the vehicle; and

seat belt usage of the vehicle.

12-14. -14. (canceled)

16-17. -17. (canceled)

18. A system comprising:

a processor;

a wireless interface coupled to the processor;

a memory coupled to the processor, the memory storing a program that, when executed by the processor, causes the processor to;

receive an identity of a driver in a vehicle by way of a wireless transmission, wherein the identity of the driver is determined by way of at least one selected from the group comprising;

a radio-frequency signal from an electronic key fob assigned to the driver; and

a wireless signal received from a mobile device located within the vehicle;

receive data related to a driving behavior of the driver by way of a wireless transmission; and

create an indication of credit risk for the driver.

19. The system of claim 18 wherein the program further causes the processor to send the indication of credit risk to a third party.

20. The system of claim 18 wherein when the processor sends the indication of credit risk, the program further causes the processor to send to a credit institution.

21. A method comprising:

determining an indication of credit risk related to a driving behavior of a driver in a vehicle, the determining by;

identifying the driver in the vehicle by an onboard device;

detecting movement of the vehicle;

collecting data related to the driving behavior the driver; and

creating, by the onboard device, the indication of credit risk for the driver.

22. A system comprising:

an onboard device comprising;

a processor;

a global positioning system receiver coupled to the processor;

a wireless interface coupled to the processor;

an accelerometer coupled to the processor;

a memory coupled to the processor, the memory storing a program that, when executed by the processor, causes the processor to;

identify a driver in a vehicle;

detect a movement of the vehicle related to a driving behavior of the driver based on movement detected by the accelerometer;

collect data related to the driving behavior of the driver; and

send the data to a remote operations center.

23. The system of claim 22 further comprising wherein when the processor detects, the program further causes the processor to detect based on Global Positioning System monitoring of the vehicle.

24. The system of claim 22 wherein the accelerometer is a three-axis accelerometer.

25. A system comprising:

an onboard device comprising;

a processor;

a wireless interface coupled to the processor;

a memory coupled to the processor, the memory storing a program that, when executed by the processor, causes the processor to;

identify a driver in a vehicle;

detect a movement of the vehicle related to a driving behavior of the driver;

collect data related to the driving behavior of the driver;

calculate a value of credit risk for the driver; and

send the value to a third party.

26. The system of claim 25 further comprising:

a global positing system receiver coupled to the processor;

wherein when the processor calculates the value, the program further causes the processor to communicate with the global positioning system receiver to determine the driver is driving in a way that indicates a credit risk.