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US 2020/0090217 A1Published application
System and method for providing smart statements
AssigneeCapital One Services, LLC
InventorsThomas S. Poole, Janusz Michael Niczyporuk, Luke A. Hammock
Life of this patent
Estimating the term…
Abstract
Systems and methods for providing purchase driven financial statements include an account processor that receives account data associated with one or more financial accounts of the account holder and advertising data via a network; one or more databases that stores at least the received account data and the received advertising data; and a statement processor that creates a financial statement based at least in part on the account data and the advertising data, provides the financial statement to an account holder, and tracks the account holder's future account data based on the provided advertising data.
Claims20
A method for providing an account holder with a smart statement, comprising:
- receiving, by one or more processors associated with a first financial institution, account data comprising one or more past purchases for the account holder;
- receiving, by the one or more processors, advertising data associated with a first merchant and comprising information associated with advertised products and services including location information for the advertised products and services;
- receiving, by the one or more processors, location data for an account holder device;
- comparing, by the one or more processors, the advertising data to the account data to identify a first product or service included in both the advertising data and the account data;
- determining, by the one or more processors, that the location information for the first product or service is within a predefined distance of the location data for the account holder device;
- generating, by the one or more processors, the smart statement comprising the account data, the advertising data, and a targeted advertisement for the first product or service;
- and
- transmitting, by the one or more processors, the smart statement to the account holder device.
5 more elements
A method for providing an account holder with a smart statement, comprising:
- receiving, by one or more processors associated with a first financial institution, location data for an account holder device;
- retrieving, by the one or more processors, advertising data comprising information associated with one or more advertised products and services, the advertising data including location information of respective merchants for each of the one or more advertised products and services;
- comparing, by the one or more processors, the location data of the account holder device to the location information of the respective merchants to determine a first merchant within a predetermined distance of the account holder device;
- retrieving, by one or more processors, account data comprising one or more past purchases for the account holder;
- determining, by the one or more processors, that at least one of the one or more past purchases of the account holder occurred at the first merchant;
- creating, by the one or more processors, the smart statement comprising a first targeted advertisement for a first product or service offered by the first merchant;
- generating, by the one or more processors, a graphical user interface that displays the smart statement;
- and
- transmitting, by the one or more processors, the graphical user interface to the account holder device to cause the account holder device to display the graphical user interface.
6 more elements
A method for providing an account holder with a smart statement, comprising:
- receiving, by one or more processors associated with a first financial institution, location data for an account holder device;
- retrieving, by the one or more processors, advertising data comprising information associated with one or more advertised products and services and merchant information, the advertising data including location information of respective merchants for each of the one or more advertised products and services;
- comparing, by the one or more processors, the location data of the account holder device to the location information of the respective merchants to determine a one or more nearby merchants within a predetermined distance of the account holder device;
- retrieving, by the one or more processors, account data comprising one or more past purchases for the account holder, the one or more past purchases including a merchant type;
- comparing, by the one or more processors, the merchant type from the one or more past purchases to the merchant information for each of the one or more nearby merchants to determine a partial match;
- identifying, by the one or more processors, a first merchant from the one or more nearby merchants with at least a partial match;
- identifying, by the one or more processors, a first product or service offered by the first merchant from the advertising data;
- creating, by the one or more processors, the smart statement comprising a first targeted advertisement for the first product or service;
- generating, by the one or more processors, a graphical user interface that displays the smart statement;
- and
- transmitting, by the one or more processors, the graphical user interface to the account holder device to cause the account holder device to display the graphical user interface.
8 more elements
Dependencies are inferred from the claim text.