Systems and methods for providing recommendations to residential relocators

• US 9,373,131 B1
• Filed: 02/12/2015
• Issued: 06/21/2016
• Est. Priority Date: 02/12/2015
• Status: Active Grant

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Hosny, Ahmed
• Primary Examiner(s): Franklin, Jamara
• Application Number:
  US14/620,613
• Time in Patent Office: 495 Days
• Field of Search: 235/375
• US Class Current: 1/1
• CPC Class Codes: G06F 16/24575 using context
• CPC Class Codes: G06F 16/29 Geographical information databases
• CPC Class Codes: G06F 16/9535 Search customisation based on user profiles and personalisation
• CPC Class Codes: G06F 16/9537 Spatial or temporal dependent retrieval, e.g. spatiotemporal queries
• CPC Class Codes: G06Q 30/0255 based on user history
• CPC Class Codes: G06Q 30/0261 based on user location

Abstract

A method for determining a relocation recommendation for a relocating cardholder relocating from a first location to a target location is provided. The method is implemented using a relocation recommendation (RR) computing device in communication with a memory. The method includes receiving, from a cardholder device, a cardholder identifier for the relocating cardholder, and at least one of a general target area and the target location. The method also includes determining an area of interest for the relocating cardholder based at least in part on payment card transaction data at the first location, identifying at least one other cardholder having initiated payment card transactions within the target location and having the same area of interest as the relocating cardholder, determining at least one target merchant located within the target location that is associated with the area of interest, and transmitting, to the cardholder device, a relocation recommendation.

Claims

1. A method for determining a relocation recommendation for a relocating cardholder relocating from a first location to a target location, the method implemented using a relocation recommendation (RR) computing device in communication with a memory, said method comprising:

receiving, from a cardholder device, a cardholder identifier for the relocating cardholder, and at least one of a general target area and the target location;

determining, by the RR computing device, an area of interest for the relocating cardholder based at least in part on payment card transaction data at the first location;

identifying at least one other cardholder having initiated payment card transactions within the target location and having the same area of interest as the relocating cardholder;

determining at least one target merchant located within the target location that is associated with the area of interest based, at least in part, on payment card transaction data of the at least one other cardholder; and

transmitting, to the cardholder device, a relocation recommendation including at least one of (i) a target location and (ii) a name and a location of the at least one target merchant to the relocating cardholder.

2. A method in accordance with claim 1, wherein the first location represents one or more of residential locations where the relocating cardholder has resided and where the relocating cardholder currently resides, and wherein the target location represents one or more of residential locations where the relocating cardholder intends to physically relocate to and where the relocating cardholder has physically relocated to.

3. A method in accordance with claim 1, wherein the general target area encompasses the recommended target location.

4. A method in accordance with claim 1, wherein determining the area of interest of the relocating cardholder further comprises:

retrieving transaction data for the relocating cardholder at the first location; and

assigning the area of interest to the relocating cardholder based at least in part on a frequency of transactions conducted by the relocating cardholder at merchants associated with the area of interest.

5. A method in accordance with claim 4, wherein retrieving transaction data for the relocating cardholder comprises retrieving information about at least one merchant with whom the relocating cardholder has transacted in a period of time the relocating cardholder resided at the first location, and wherein retrieving information about the at least one merchant further comprises retrieving at least one area of interest assigned to the at least one merchant.

6. A method in accordance with claim 4, wherein retrieving transaction data for the relocating cardholder comprises retrieving transaction data from at least one of a transaction history database and one or more third party databases.

7. A method in accordance with claim 6, wherein the one or more third party databases comprise at least one of a bank accounts database, a retail database, a travel agency database, and a cable subscriptions database.

8. A method in accordance with claim 1, wherein identifying the at least one other cardholder at the target location having the area of interest comprises comparing the at least one area of interest associated with the relocating cardholder to at least one area of interest associated with the at least one other cardholder.

9. A system for providing recommendations to a relocating cardholder relocating from a first location to a target location, the system comprising:

a transaction database configured to store transaction data received through a payment processing network; and

a relocation recommendation (RR) computing device configured to be coupled to the transaction database, the RR computing device further configured to;

receive, from a cardholder device, a cardholder identifier for the relocating cardholder, and at least one of a general target area and the target location;

determine an area of interest for the relocating cardholder based at least in part on payment card transaction data at the first location;

identify at least one other cardholder having initiated payment card transactions within the target location and having the same area of interest as the relocating cardholder;

determine at least one target merchant located within the target location that is associated with the area of interest based, at least in part, on payment card transaction data of the at least one other cardholder; and

transmit, to the cardholder device, a relocation recommendation including at least one of (i) a target location and (ii) a name and a location of the at least one target merchant to the relocating cardholder.

10. A system in accordance with claim 9, wherein the first location represents one or more of residential locations where the relocating cardholder has resided and where the relocating cardholder currently resides, and wherein the target location represents one or more of residential locations where the relocating cardholder intends to physically relocate to and where the relocating cardholder has physically relocated to.

11. A system in accordance with claim 9, wherein the general target area encompasses the recommended target location.

12. A system in accordance with claim 9, wherein the RR computing device is further configured to:

retrieve transaction data for the relocating cardholder at the first location; and

assign the area of interest to the relocating cardholder based at least in part on a frequency of transactions conducted by the relocating cardholder at merchants associated with the area of interest.

13. A system in accordance with claim 12, wherein the RR computing device is further configured to:

retrieve information about at least one merchant with whom the relocating cardholder transacted with in the period of time the relocating cardholder resided at the first location; and

retrieve at least one area of interest previously assigned to the at least one merchant.

14. A system in accordance with claim 12, wherein the RR computing device is further configured to retrieve transaction data from at least one of a transaction history database, and one or more third party databases.

15. A system in accordance with claim 14, wherein the one or more third party databases comprise at least one of a bank accounts database, a retail database, a travel agency database, and a cable subscriptions database.

16. A system in accordance with claim 9, wherein the RR computing device is further configured to:

identify the at least one other cardholder at the target location having the area of interest by comparing the at least one area of interest associated with the relocating cardholder to at least one area of interest associated with the at least one other cardholder.

17. A non-transitory computer readable medium that includes computer executable instructions for providing recommendations to a relocating cardholder relocating from a first location to a target location, wherein when executed by a relocation recommendation (RR) computing device, the computer executable instructions cause the RR computing device to:

receive, from a cardholder device, a cardholder identifier for the relocating cardholder, and at least one of a general target area and the target location;

determine an area of interest for the relocating cardholder based at least in part on payment card transaction data at the first location;

identify at least one other cardholder having initiated payment card transactions within the target location and having the same area of interest as the relocating cardholder;

determine at least one target merchant located within the target location that is associated with the area of interest based, at least in part, on payment card transaction data of the at least one other cardholder; and

transmit, to the cardholder device, a relocation recommendation including at least one of (i) a target location, and (ii) a name and a location of the at least one target merchant to the relocating cardholder.

18. A non-transitory computer readable medium in accordance with claim 17, wherein the first location represents one or more of residential locations where the relocating cardholder has resided and where the relocating cardholder currently resides, and wherein the target location represents one or more of residential locations where the relocating cardholder intends to physically relocate to and where the relocating cardholder has physically relocated to.

19. A non-transitory computer readable medium in accordance with claim 17, wherein the computer executable instructions cause the RR computing device to receive a general target area that encompasses the recommended target location.

20. A non-transitory computer readable medium in accordance with claim 17, wherein the computer executable instructions cause the RR computing device to:

retrieve transaction data for the relocating cardholder at the first location; and

assign the area of interest to the relocating cardholder based at least in part on a frequency of transactions conducted by the relocating cardholder at merchants associated with the area of interest.

21. A non-transitory computer readable medium in accordance with claim 20, wherein the computer executable instructions cause the RR computing device to retrieve transaction data for the relocating cardholder from at least one of a transaction history database and one or more third party databases.

22. A non-transitory computer readable medium in accordance with claim 21, wherein the one or more third party databases comprise at least one of a bank accounts database, a retail database, a travel agency database, and a cable subscriptions database.

23. A non-transitory computer readable medium in accordance with claim 17, wherein when executed by a relocation recommendation (RR) computing device, the computer executable instructions cause the RR computing device to retrieve information about at least one merchant with whom the relocating cardholder has transacted with in the period of time the relocating cardholder resided at the first location, and retrieve at least one area of interest previously assigned to the at least one merchant.

24. A non-transitory computer readable medium in accordance with claim 17, wherein when executed by a relocation recommendation (RR) computing device, the computer executable instructions cause the RR computing device to identify the at least one other cardholder at the target location having the area of interest by comparing the at least one area of interest associated with the relocating cardholder to at least one area of interest associated with the at least one other cardholder.