The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 15, 2026
Filed:
Jun. 25, 2024
Synchrony Bank, Stamford, CT (US);
William Kievit, Stamford, CT (US);
Synchrony Bank, Stamford, CT (US);
Abstract
Systems and methods for automatically generating and providing pre-qualification determinations for different secured and unsecured payment instruments are provided. In response to receiving an application for a secured payment instrument, the system obtains spend data associated with a user. The spend data corresponds to expenditures according to different spend categories. A machine learning algorithm is trained to identify a set of allowances corresponding to the different spend categories. This set of allowances are used to secure the secured payment instrument, which is issued to the user. The machine learning algorithm is updated using transaction data corresponding to usage of the secured payment instrument and historical data.