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:
Apr. 06, 2010
Filed:
Jun. 13, 2006
Rajendra R. Rane, Woodbridge, NJ (US);
David Juang, Forest Hills, NY (US);
Eduardo J. Alvarez, West Windsor, NJ (US);
Iwao Fusillo, Merrick, NY (US);
Rajendra R. Rane, Woodbridge, NJ (US);
David Juang, Forest Hills, NY (US);
Eduardo J. Alvarez, West Windsor, NJ (US);
Iwao Fusillo, Merrick, NY (US);
American Express Travel Related Services Company, Inc., New York, NY (US);
Abstract
According to embodiments of the present invention there is provided a computer-based method and a computer program product for automatically sorting customers who make purchases from merchants using a credit card. The computer-based method includes the following steps. An adjusted index is calculated for a customer based on an amount of money the customer spent across merchants during a time period. The adjusted index is compared to a cut-off value. The customer is classified based on the comparison of the adjusted index to the cut-off value. In an embodiment, the method also includes re-classifying the customer based on at least one of (i) information about the merchants, or (ii) a number of transactions in a predetermined industry.