American Express Travel Related Services Company, Inc.

Richard Hand

Michael Alexander Gonzales

John Berkley

Linda Birbara

Edward J Boyle

Tom Levine

Pat Corbett

Dale Contratto

Thomas Jake Lunsford

Wendy Levitt

David Pereira

Anna Austin

Gregory Coles

Duane Jacobsen

Vinny Khosla

Renee Richards

Leigh Tomaski

A system and method is disclosed which allows the aggregation of the demands of various buyers, providing an incentive for suppliers to bid to supply those demands in an auction. The system and method operates by scanning a database which contains a listing of goods or services sought by various people or entities. Thereafter, similar goods or services are grouped together and presented to various vendors. The vendors are given the opportunity to bid on the group of similar goods or services. Such a bid may vary from the originally purchased goods or services as long as the bid is within a predetermined range. The vendor which presents the optimum bid within a predetermined period of time is selected as the provider of the goods or services and proceeds to supply the goods or services at the bid upon amount.

Interactive demand management

An automated method and system for refunding the unused portion of an electronic ticket are provided. In accordance with the method, an aging period is set and is added to the scheduled departure date of the issued ticket. If the schedules departure date plus the aging date is earlier than the current date, a determination is made as to whether the ticket has been used. If the ticket has not been used, the residual value of the ticket is calculated and a refund is issued.

Ticket tracking and refunding system and method

Growing community of inventors

Katy, TX, United States of America

Richard Hand