CARD MANAGEMENT SYSTEM AND METHOD

• US 20080255980A1
• Filed: 06/02/2008
• Published: 10/16/2008
• Est. Priority Date: 03/21/2003
• Status: Active Grant

• Current Assignee: Consumerinfo.com Incorporated (Experian plc)
• Original Assignee: Mighty Net, Inc. (Experian plc)
• Inventors: Kasower, Sheldon
• Granted Patent: US 7,689,505 B2
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/3555 Personalisation of two or more cards
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/016 After-sales
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G07F 7/122 Online card verification

Abstract

A method of registering a credit card user'"'"'s credit card information by a credit card management organization. A card user accesses the card management computer system in a computer network. The method provides a user interface whereby the user grants authorization to the card management organization to obtain the card user'"'"'s credit report from a credit reporting bureau. The method further transmits a request for the user'"'"'s credit report to a credit reporting bureau and automatically downloads the user'"'"'s credit report when received. The method further parses the credit report to determine a card issuer for each card on the credit report using a database of card issuer aliases. The method then fully or partially automatically registers each card with the user'"'"'s account in the card management association and then presents the opportunity to the user to review and edit each card.

Claims

1-8. -8. (canceled)

9. A method of registering a card user'"'"'s card information with a card management organization, the method comprising the steps of:

a card management organization'"'"'s computer requesting a card user'"'"'s credit report from the credit reporting bureau;

a card management organization'"'"'s computer receiving the card user'"'"'s credit report having real-time card information of the user'"'"'s cards from the credit reporting bureau;

the card management organization'"'"'s computer extracting and fully or partially registering real-time card information for each card from the card user'"'"'s credit report;

the card management organization'"'"'s computer generating and presenting a user interface having each of the card user'"'"'s real-time card information of cards that were fully or partially registered within minutes of receiving the card user'"'"'s credit report;

the card management organization'"'"'s computer requesting the card user to verify the accuracy of the card user'"'"'s real-time card information; and

the card management organization'"'"'s computer storing the card user'"'"'s verified real-time card information in the card management organization'"'"'s computer system.

10. The method as set forth in claim 9 further comprising:

the card management organization'"'"'s computer establishing a credit card issuer for each card from the card user'"'"'s credit report by using a database within the card management organization'"'"'s computer, the database having known aliases of a plurality of credit card issuers.

11. The method as set forth in claim 9 comprising the additional steps of:

the card management organization'"'"'s computer providing a user interface presenting at least one of a plurality of card management services provided by the card management organization and selectable by the card user; and

storing data input by the card user associated with the selected card management service.