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.

Date of Patent:
Oct. 22, 2013

Filed:

Jul. 11, 2011
Applicants:

Ramakrishna Satyavolu, Freemont, CA (US);

Samir Kothari, Menlo Park, CA (US);

Shehzad Daredia, San Francisco, CA (US);

Inventors:

Ramakrishna Satyavolu, Freemont, CA (US);

Samir Kothari, Menlo Park, CA (US);

Shehzad Daredia, San Francisco, CA (US);

Assignee:

Truaxis, Inc., Redwood City, CA (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/02 (2012.01); G06Q 20/10 (2012.01); G06Q 20/14 (2012.01); G06Q 20/22 (2012.01); G06Q 20/40 (2012.01); G06Q 40/02 (2012.01); G06Q 40/04 (2012.01); G06Q 30/00 (2012.01); G06Q 40/00 (2012.01);
U.S. Cl.
CPC ...
G06Q 30/02 (2013.01); G06Q 30/0207 (2013.01); G06Q 30/0224 (2013.01); G06Q 30/0222 (2013.01); G06Q 20/10 (2013.01); G06Q 20/14 (2013.01); G06Q 20/22 (2013.01); G06Q 20/40 (2013.01); G06Q 40/02 (2013.01); G06Q 40/04 (2013.01); G06Q 30/00 (2013.01); G06Q 40/00 (2013.01);
Abstract

A system and method for providing socially enabled rewards through a user financial instrument includes gathering transaction data from a user's financial account and analyzing the transaction data for a savings opportunity indication. A savings opportunity from a database of savings opportunities is matched to the user based on the savings opportunity indication, wherein the savings opportunity can be shared with other users or a social network. The savings opportunity is displayed in association with a statement of a user's financial account and the user is allowed to share the savings opportunity, wherein sharing causes a shared savings opportunity to be generated. A second user, one who received the shared savings opportunity, can redeem the shared savings opportunity. The sharing and redemption of the shared savings opportunity is tracked, such as to improve targeting users who are influential based on the number of redemptions of the shared savings opportunity.


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