Field 55 data relationships
First Claim
1. A method of processing a financial transaction, the method comprising:
- receiving financial transaction data via a network interface coupled to a data communications network, the financial transaction data including field 55 data, the field 55 data comprising;
amount authorized, unpredictable number, application transaction count (ATC), Issuer Application Data (IAD), application cryptogram, form factor identifier fields, and customer exclusive data, wherein the customer exclusive data comprises data associated with loyalty and coupons, or rewards, or alert preferences and contact information, or issuer discretionary data;
determining an issuer associated with the financial transaction data via a processor encoded with a data relationship manager;
querying a subscription database for subscription data associated with the issuer via the processor encoded with the data relationship manager, the subscription database being stored on a computer-readable medium, the subscription data indicating preferences of the issuer;
querying a core database for processing parameters associated with the issuer via the processor encoded with the data relationship manager;
applying the processing parameters to the financial transaction data and the subscription data via the processor encoded with the data relationship manager;
updating a customer exclusive data association database with the financial transaction data once the processing parameters are applied.
2 Assignments
0 Petitions
Accused Products
Abstract
A data mining device, method, and apparatus configured to associate customer exclusive data from a payment card or device after a financial transaction. A financial transaction processing system comprises a report distribution management system, a data relationship manager, and a customer exclusive data association database. The report distribution management system receives financial transaction data. The data relationship manager determines an issuer associated with the financial transaction data, queries a subscription database for subscription data associated with the issuer and a core database for the issuer processing parameters. The processing parameters are applied to the financial transaction data and the subscription data. A customer exclusive data association database is updated with the financial transaction data once the processing parameters are applied.
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Citations
20 Claims
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1. A method of processing a financial transaction, the method comprising:
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receiving financial transaction data via a network interface coupled to a data communications network, the financial transaction data including field 55 data, the field 55 data comprising;
amount authorized, unpredictable number, application transaction count (ATC), Issuer Application Data (IAD), application cryptogram, form factor identifier fields, and customer exclusive data, wherein the customer exclusive data comprises data associated with loyalty and coupons, or rewards, or alert preferences and contact information, or issuer discretionary data;determining an issuer associated with the financial transaction data via a processor encoded with a data relationship manager; querying a subscription database for subscription data associated with the issuer via the processor encoded with the data relationship manager, the subscription database being stored on a computer-readable medium, the subscription data indicating preferences of the issuer; querying a core database for processing parameters associated with the issuer via the processor encoded with the data relationship manager; applying the processing parameters to the financial transaction data and the subscription data via the processor encoded with the data relationship manager; updating a customer exclusive data association database with the financial transaction data once the processing parameters are applied. - View Dependent Claims (2, 3, 4, 5, 6, 18)
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7. A system of processing a financial transaction, the system comprising:
- a report distribution management system configured to receive financial transaction data, the financial transaction data including field 55 data, the field 55 data comprising;
amount authorized, unpredictable number, application transaction count (ATC), Issue Application Data (IAD), application cryptogram, form factor identifier fields, and customer exclusive data, wherein the customer exclusive data comprises data associated with loyalty and coupons, or rewards, or alert preferences and contact information, or issuer discretionary data;a data relationship manager configured to determine an issuer associated with the financial transaction data, to query a subscription database for subscription data associated with the issuer, the subscription database being stored on a computer-readable medium, the subscription data indicating preferences of the issuer, to query a core database for processing parameters associated with the issuer, and to apply the processing parameters to the financial transaction data and the subscription data; a customer exclusive data association database configured to update the financial transaction data once the processing parameters are applied. - View Dependent Claims (8, 9, 10, 11, 12)
- a report distribution management system configured to receive financial transaction data, the financial transaction data including field 55 data, the field 55 data comprising;
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13. A computer readable medium, encoded with data and instructions, that when executed by a computing-device causes the computing-device to:
- receive financial transaction data, the financial transaction data including field 55 data, the field 55 data comprising;
amount authorized, unpredictable number, application transaction count (ATC), Issuer Application Data (IAD), application cryptogram, form factor identifier fields, and customer exclusive data, wherein the customer exclusive data comprises data associated with loyalty and coupons, or rewards, or alert preferences and contact information, or issuer discretionary data;determine an issuer associated with the financial transaction data; query a subscription database for subscription data associated with the issuer, the subscription database being stored on a computer-readable medium, the subscription data indicating preferences of the issuer; query a core database for processing parameters associated with the issuer; apply the processing parameters to the financial transaction data and the subscription data; update the customer exclusive data association database with the financial transaction data once the processing parameters are applied. - View Dependent Claims (14, 15, 16, 17)
- receive financial transaction data, the financial transaction data including field 55 data, the field 55 data comprising;
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19. A method of processing a financial transaction, the method comprising:
- receiving financial transaction data at a processor including customer exclusive data associated with a cardholder, wherein the customer exclusive data comprises data associated with loyalty and coupons, or rewards, or alert preferences and contact information, or issuer discretionary data;
determining an issuer associated with the financial transaction data via the processor; accessing a subscription database including accessing subscription data associated with the issuer, wherein the subscription data indicates issuer preferences; accessing a core database for processing parameters associated with the issuer via the processor; applying the processing parameters to the financial transaction data and the subscription data via the processor; and updating a customer exclusive data association database with the financial transaction data. - View Dependent Claims (20)
- receiving financial transaction data at a processor including customer exclusive data associated with a cardholder, wherein the customer exclusive data comprises data associated with loyalty and coupons, or rewards, or alert preferences and contact information, or issuer discretionary data;
Specification