SYSTEMS AND METHODS FOR GENERATING DYNAMIC SPEND RANGES

摘要

Systems and methods of providing dynamically calculated spend ranged segmentations are disclosed. Payment account transaction data is selectively chosen based upon time of payment, whether the payment account associated with a portable consumer device is activated, account type, and geographic location where each account was issued. Outputs are thereby produced demonstrating spend ranges within certain categories evidencing affluence.

主权项

1. A system comprising:
a memory; at least one processor operatively coupled to the memory; and a persistent storage device operatively coupled to the memory and storing in a non-transitory manner instructions that when loaded into the memory cause the at least one processor to be operative to:
retrieve payment account data from a database, the payment account data including amount spent by each of at least two accounts;organize the payment account data into segments using common characteristics including account type and issuance location;calculate spend bands for each of the segments using the amount spent by each of the at least two accounts; andcreate auto-format groupings for the spend bands, the groupings adjusting subsequently received transaction data to comport with the spend bands.