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US 2010/0250469 A1Published application
Computer-Based Modeling of Spending Behaviors of Entities
OwnerMyles G. Megdal, Adam T. Kornegay +1inventors
InventorsMyles G. Megdal, Adam T. Kornegay, Angela Ganger
Life of this patent
Estimating the term…
Abstract
Time series consumer spending data, point-in-time balance information and consumer panel information provide input to a model for consumer spend behavior on plastic instruments or other financial accounts, from which approximations of spending ability and share of wallet may be reliably identified and utilized to promote additional consumer spending.
Claims13
A method for modeling consumer behavior to estimate consumer spend, comprising:
- receiving individual and aggregated consumer data including consumer panel data, tradeline data and internal customer data;
- analyzing the individual and aggregated consumer data to determine spending behavior for at least one category of consumers;
- deriving a model of consumer spending patterns for the at least one category based on said analyzing;
- and
- validating the model using consumer panel data.
2 more elements
Dependencies are inferred from the claim text.