Automated purchase card disable system and method

US11315107B2 · kind B2 · utility

Assignee

• JPMORGAN CHASE BANK, N.A. · US

Inventors

• Nicholas A. Fisher · Canton, US
• Dipak K. Mukhopadhyay · Bear, US
• Howard Abramowitz · Alexandria, US
• Gabriella M. Tolotta · Westtown, US
• Priyanka Malkoti · Wilmington, US
• Noor SHADID · Wilmington, US
• Edward Zlatsen · Wilmington, US
• James P. White, III · Middletown, US
• John L OLIVER, III · Smyrna, US
• Eric Han Kai Chang · Wilmington, US
• Sudheer K. Vankadara · Newark, US

Key dates

• Filing date: Mar 13, 2019
• Grant date: Apr 26, 2022
• Expiry date: Jun 27, 2039

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L67/535
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for automatically enabling and disabling a purchase card based on predetermined preferences set by a cardholder are provided. The systems and methods enable users to set preferences in advance, and then automatically determine whether to accept or decline a transaction based on the preset preferences. The systems and methods may also implement a learning algorithm to develop preferences based on historical cardholder behavior.