Automated aggregation and comparison of individual spending relative to population of similar users
OwnerJeffrey Zimmermaninventor
Life of this patent
Estimating the term…
Abstract
A system and method compares a user's aggregated spending transactions with those of the population. The system and method aggregates the user's spending transactions, and compares with the corresponding population aggregated spending transactions.
Claims19
A computer-implemented method of comparing a user's spending transactions to population spending transactions, each spending transaction having a payee, a date, and an amount, the method comprising:
- aggregating the user's spending transactions with respect to at least one attribute of the user's spending transactions to obtain an aggregated spending amount of the user;
- determining a population aggregated spending amount corresponding to the user's aggregated spending amount, the population aggregated spending amount derived from spending transactions of members of the population and having attributes that correspond to the at least one attribute of the user's spending transactions;
- and
- generating a comparison of the user's aggregated spending amount and the population aggregated spending amount.
A computer-implemented method of comparing a user's aggregated spending amount to corresponding population aggregated spending amount, the method comprising:
- determining the corresponding population aggregated spending amount based on the user's aggregated spending amount and population spending transactions, each spending transaction having a payee, a date, and an amount;
- and
- generating a comparison of the user's aggregated spending amount and the corresponding population aggregated spending amount.
A system for comparing a user's spending transactions to population spending transactions, each spending transaction having a payee, a date, and an amount, comprising:
- a processor for executing programs;
- and
- a central server executable by the processor, the server including:
- instructions for aggregating the user's spending transactions with respect to at least one attribute of the user's spending transactions to obtain an aggregated spending amount of the user;
- instructions for determining a population aggregated spending amount corresponding to the user's aggregated spending amount, the population aggregated spending amount derived from spending transactions of members of the population and having attributes that correspond to the at least one attribute of the user's spending transactions;
- and
- instructions for generating a comparison of the user's aggregated spending amount and the population aggregated spending amount.
A computer program product for use in conjunction with a computer system, the computer program product comprising a computer readable storage medium and a computer program mechanism embedded therein, the computer program mechanism including:
- instructions for aggregating a user's spending transactions with respect to at least one attribute of the user's spending transactions to obtain an aggregated spending amount of the user;
- instructions for determining a population aggregated spending amount corresponding to the user's aggregated spending amount, the population aggregated spending amount derived from spending transactions of members of the population and having attributes that correspond to the at least one attribute of the user's spending transactions;
- and
- instructions for generating a comparison of the user's aggregated spending amount and the population aggregated spending amount.
Dependencies are inferred from the claim text.