Matthew Reid Stern

US Patent:

20180082319, Mar 22, 2018

Filed:

Nov 29, 2017

Appl. No.:

15/826374

Inventors:

- Mclean VA, US
Matthew STERN - Arlington VA, US

Assignee:

Capital One Financial Corporation - Mclean VA

International Classification:

G06Q 30/02
G06Q 40/02

Abstract:

A system and method is provided for redeeming coupons to credit a customer's financial service account without sharing the customer's restricted information with merchants. The system and method may include a financial service provider receiving merchant transaction information from a merchant that reflects sale transactions associated with the merchant over a period of time. The financial service provider may compare the merchant transaction information with financial service accounts transaction information associated with financial service accounts provided by the financial service provider. Additionally, the financial service provider may identify a common transaction between the merchant transactions and the financial service accounts transactions based on one or more unique identifiers, determine the common transaction meets a predetermined credit requirement, and identify a customer's financial service account corresponding to the common transaction. Furthermore, the financial service provider may provide credit to the customer's financial service account based on the predetermined requirement.