American Express Travel Related Services Company, Inc.

Sanjay Madaan

Kevin W Moore

Gordon Emory Anderson

Sangarsh Nigam

Catherine J Campanaro

Yulona Sue Wong

David S Connelly

Yogaraj Jayaprakasam

Jane E Cook

Abhishek Kachhara

Michelle Geller

A system, method, and computer readable medium (collectively, the 'system') is disclosed for generating real-time insights from a big data storage platform. The system may process transaction data stored in a big data management system (BDMS) to generate characteristic data associated with a plurality of demographics. The system may also model an account associated with a corporate ID to identify a demographic from the plurality of demographics associated with the corporate ID. The system may further compare the user data associated with the corporate ID to the characteristic data of the demographic associated with the corporate ID to generate a view responsive to a request. The system may also transmit the view in response to the request, for example, to an interface for use by a program administrator.

Insights on a data platform

The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions. A program administrator may also utilize the present invention to provide any number of limit scenarios in order to persuade a card member to increase their client-imposed credit limit to an optimal level thereby reducing the card member's inconvenience caused by declined purchase transactions while recapturing lost revenues by the card issuer.

System and method for calculating expected approval rates

Growing community of inventors

Glendale, AZ, United States of America

Sanjay Madaan