Shared expense management

US11580596B2 · 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: Jul 17, 2019
• Grant date: Feb 14, 2023
• Expiry date: Oct 23, 2039

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 ay monitor the status of reimbursement payments, and send reminders as necessary until the shared expense has been reimbursed.