This inventor holds 4 USPTO granted patents and 1 published patent application. Top assignee: American Express Travel Related Services Company, Inc.. Active years: 2012-2013.
Company Filing History:
Years Active: 2012-2013
Title: Innovations of Prashant Kalia
Introduction
Prashant Kalia is an accomplished inventor based in Fair Lawn, NJ (US). He holds a total of 4 patents that reflect his expertise and innovative contributions to the field. His work primarily focuses on consumer finance and the modeling of consumer spending behaviors.
Latest Patents
One of Prashant's latest patents involves the concept of industry size of wallet. This innovation models consumer spending by analyzing the industry sizes of wallet for consumers who maintain a high share of wallet with a financial institution. The process includes calculating a size of wallet for each consumer within a diverse group. Additionally, it determines a share of wallet for each consumer and identifies a subset of consumers whose share of wallet exceeds a specified percentage of their size of wallet. For each consumer in this subset, an industry size of wallet is established. The patent further explores the correlation between the industry size of wallet of a given consumer and various characteristics of that consumer.
Career Highlights
Prashant Kalia is currently employed at American Express Travel Related Services Company, Inc. His role at this prestigious company allows him to apply his innovative ideas in a practical setting, contributing to advancements in consumer finance.
Collaborations
Prashant has collaborated with notable coworkers such as Karlyn Heiner Crotty and Iwao Fusillo. Their combined expertise fosters a creative environment that enhances the development of innovative solutions.
Conclusion
Prashant Kalia's contributions to the field of consumer finance through his patents demonstrate his commitment to innovation. His work not only advances understanding of consumer behavior but also provides valuable insights for financial institutions.