Shared expensive management

US10402899B2 · kind B2 · utility

Assignee

• CAPITAL ONE SERVICES, LLC · US

Inventors

• Ashish Jain · Austin, US
• Vishal Puri · Ashburn, US
• David Dao · Silver Spring, US
• Gagan Kanjlia · Ashburn, US

Key dates

• Filing date: Nov 19, 2014
• Grant date: Sep 3, 2019
• Expiry date: Jul 5, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are provided for managing shared expenses. The systems and methods may include a financial service provider identifying shared expenses in a customer's transaction history with software application executed on a server or personal computing device. The financial service provider may identify other individuals with whom the customer shares the expense, and send requests for reimbursement on the customer's behalf. The financial service provider may monitor the status of reimbursement payments, and send reminders as necessary until the shared expense has been reimbursed.