发明名称 |
SYSTEM AND METHOD FOR CALCULATING EXPECTED APPROVAL RATES |
摘要 |
The invention facilitates the computation of expected approval rates based on historic transaction data relating to transaction classes, approved transactions and declined transactions. The invention provides a system and method by which a program administrator for a company may model varying client-imposed limit scenarios in order to determine one or more optimal monthly and/or transactional spending limits. Further, the present invention provides a means for setting varying monthly and/or transaction spending limits for purchases from any number of industries. Providing card members with information regarding optimal spending limits reduces the occurrences of declined credit transactions. A program administrator may also utilize the present invention to provide any number of limit scenarios in order to persuade a card member to increase their client-imposed credit limit to an optimal level thereby reducing the card member's inconvenience caused by declined purchase transactions while recapturing lost revenues by the card issuer.
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申请公布号 |
US2006178984(A1) |
申请公布日期 |
2006.08.10 |
申请号 |
US20050906210 |
申请日期 |
2005.02.09 |
申请人 |
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY,INC. |
发明人 |
ANDERSON GORDON E.;CAMPANARO CATHERINE J.;CONNELLY DAVID S.;MADAAN SANJAY;MOORE KEVIN L.;NIGAM SANGARSH;WONG YULONA S. |
分类号 |
G06Q40/00;G07D11/00;G07F19/00 |
主分类号 |
G06Q40/00 |
代理机构 |
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代理人 |
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主权项 |
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地址 |
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