Systems and Methods to Provide Market Analyses and Alerts

• US 20110264581A1
• Filed: 04/25/2011
• Published: 10/27/2011
• Est. Priority Date: 04/23/2010
• Status: Abandoned Application

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Clyne, Andrew
• Application Number:
  US13/093,489
• Publication Number:
  US 20110264581A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

In one aspect, a computing apparatus includes: a transaction handler configured to process payment transactions between issuer processors on behalf of account holders and acquirer processors on behalf of merchants; a data warehouse configured to store transaction data recording the payment transactions and environmental data identifying market activities and events occurring shortly before, concurrently with, or shortly after the respective payment transactions; an analytic tool coupled with the data warehouse and configured to correlate the transaction data and the environmental data to establish at least one predictive model and configured to predict a market activity based on the predictive model; and a gateway to provide information about a prediction of the market activity to a user via a report or a mobile alert.

Claims

1. A computer-implemented method, comprising:

generating transaction data for payment transactions processed by a transaction handler, each of the payment transactions being processed to make a payment from an issuer processor of an issuer to an acquirer processor via the transaction handler in response to an account identifier, as issued by the issuer to an account holder, being submitted from a merchant to the acquirer processor, the issuer processor to make payments on behalf of account holders, the acquirer processor to receive payments on behalf of merchants;

correlating the transaction data and the environmental data to establish at least one predictive model using a computing device;

predicting a financial activity based on the predictive model using the computing device; and

providing information about a prediction of the financial activity to a user.

2. The method of claim 1, further comprising:

collecting the environmental data by the computing device.

3. The method of claim 2, wherein the environmental data includes market data and event data.

4. The method of claim 3, wherein the financial activity is predicted based on the predictive model in response to an event.

5. The method of claim 3, wherein the financial activity is predicted in response to detecting an occurrence of a pattern in recent transaction data generated by the transaction handler.

6. The method of claim 5, wherein the pattern is identified in transaction data of a multiplicity of account holders.

7. The method of claim 3, wherein the user comprises one of a merchant, an account holder, and a consultant.

8. The method of claim 3, further comprising:

identifying a segment of account holders based on transactions processed by the transaction handler; and

providing the information to the segment of account holders.

9. The method of claim 8, further comprising:

registering account holders in a program to identify interest in the information;

wherein at least a portion of the segment of account holders are not registered in the program.

10. The method of claim 9, wherein the segment of account holders are identified based on similarity in spending profiles with account holders who have registered in the program and have identified an interest in the information.

11. The method of claim 10, wherein the spending profiles are based on a factor analysis and a cluster analysis of transaction data of a multiplicity of account holders.

12. The method of claim 3, further comprising:

identifying a peer group of merchants; and

providing the information to the peer group that includes the user.

13. The method of claim 3, wherein the prediction of the financial activity is not specific to an account.

14. The method of claim 3, wherein the prediction of the financial activity identifies a market direction as a result of an occurrence of an event.

15. The method of claim 1, wherein the prediction of the financial activity identifies a market condition as a result of an occurrence of a spending pattern detected in the transaction data.

16. The method of claim 1, wherein the prediction of the financial activity identifies one of:

a change in prices of a commodity; and

a change in a supply and demand situation.

17. A tangible computer-storage medium storing instructions which, when executed on a computing device, cause the computing device to perform a method comprising:

generating transaction data for payment transactions processed by a transaction handler, each of the payment transactions being processed to make a payment from an issuer processor of an issuer to an acquirer processor via the transaction handler in response to an account identifier, as issued by the issuer to an account holder, being submitted from a merchant to the acquirer processor, the issuer processor to make payments on behalf of account holders, the acquirer processor to receive payments on behalf of merchants;

correlating the transaction data and the environmental data to establish at least one predictive model using the computing device;

predicting a financial activity based on the predictive model using the computing device; and

providing information about a prediction of the financial activity to a user.

18. A computing apparatus, comprising:

a transaction handler configured to process payment transactions, each of the payment transactions being processed to make a payment from an issuer processor of an issuer to an acquirer processor via the transaction handler in response to an account identifier, as issued by the issuer to an account holder, being submitted from a merchant to the acquirer processor, the issuer processor to make payments on behalf of account holders, the acquirer processor to receive payments on behalf of merchants;

a data warehouse configured to store transaction data recording the payment transactions and environmental data identifying market activities and events occurring near the payment transactions;

an analytic tool coupled with the data warehouse and configured to correlate the transaction data and the environmental data to establish at least one predictive model and to predict a market activity based on the predictive model; and

a gateway to provide information about a prediction of the market activity to a user.

19. The computing apparatus of claim 18, wherein the information is provided to the user via a mobile phone in real time as the prediction of the market activity.

20. The computing apparatus of claim 19, wherein the prediction is in response to a detection of a spending pattern in transaction data of a multiplicity of account holders, or in response to receiving information about an occurrence of an event.