Granted Patent B2

US 7,747,462 · App. 12/146,990 · Granted Jun 29, 2010

Abstract

Claims (50)

1. A method for gathering and reporting data associated with a cardholder's use of a prepaid debit card, the method comprising:

receiving primary personal data associated with the cardholder in connection with the issuance to the cardholder of the prepaid debit card;

causing a financial institution to issue the prepaid debit card to the cardholder;

causing a card fulfillment process to be performed for the cardholder;

causing the prepaid debit card loaded with a predetermined monetary value to be distributed to the cardholder;

receiving secondary personal data associated with the cardholder;

processing one or more transactions initiated by the cardholder with the prepaid debit card;

correlating, in a computerized data processing system, the primary and secondary personal data with transactional data associated with the one or more transactions to generate correlated data; and

granting an authorized entity access to at least a portion of the correlated data on an aggregated and non-personally-identifiable basis; and

generating and presenting to the authorized entity a report showing, based on aggregated and non-personally-identifiable correlated data associated with a plurality of cardholders, how successful a promotional campaign of a promotional entity is compared with a different promotional campaign conducted by a different entity without revealing to the authorized entity the identity of the different entity;

wherein the prepaid debit card is offered to the cardholder by the promotional entity as an economic incentive.

2. The method of claim 1 , wherein the promotional entity is a manufacturer and the economic incentive is a rebate offered by the manufacturer in connection with the cardholder's purchase of a particular product produced by the manufacturer.

3. The method of claim 1 , wherein the promotional entity is a vendor and the economic incentive is a coupon offered to the cardholder by the vendor.

4. The method of claim 1 , wherein the authorized entity is the promotional entity.

5. The method of claim 1 , wherein the promotional entity is a promotional company that conducts an economic incentive campaign on behalf of a client of the promotional company.

6. The method of claim 1 , further comprising:

causing a predetermined amount to be funded on the prepaid debit card as a reward for the cardholder's purchasing, using the prepaid debit card, one of a product and a service from one of the promotional entity and a client of the promotional entity; and

including, among the correlated data to which the authorized entity is granted access on an aggregated and non-personally-identifiable basis, a purchase by the cardholder, using the prepaid debit card, of one of a product and a service from one of the promotional entity and a client of the promotional entity.

7. The method of claim 1 , wherein the primary personal data is derived from the cardholder's completion of a business reply card and the secondary personal data is derived from the cardholder's responses to a survey.

8. The method of claim 1 , wherein the primary personal data includes name and address and the secondary personal data includes at least one of gender, household income range, age range, and marital status.

9. The method of claim 1 , further comprising:

including with the prepaid debit card, when the prepaid debit card is distributed to the cardholder, an advertisement for a product or service; and

including, among the correlated data to which the authorized entity is granted access on an aggregated and non-personally-identifiable basis, a purchase by the cardholder, using the prepaid debit card, of the product or service.

10. The method of claim 1 , further comprising:

generating and presenting, to the authorized entity, a report including aggregated and non-personally-identifiable correlated data associated with a plurality of cardholders, the report being generated based on a plurality of filtering criteria interactively and dynamically selectable by the authorized entity.

11. The method of claim 10 , wherein the plurality of filtering criteria include at least one of geographic region, age, gender, marital status, time period, and product or service category.

12. The method of claim 10 , wherein the report compares first correlated data associated with a first time slice with second correlated data associated with a second time slice that is later in time than the first time slice.

13. The method of claim 10 , further comprising:

saving a set of parameters specifying the report;

rerunning the report based on the saved set of parameters and presenting it to the authorized entity at a later time in response to a request from the authorized entity, the report being updated automatically to reflect current aggregated and non-personally-identifiable correlated data associated with a plurality of cardholders.

14. The method of claim 1 , wherein the prepaid debit card is a general-purpose reloadable card.

15. The method of claim 14 , wherein the authorized entity is a program manager and the method further comprises:

generating and presenting, to the program manager, a report including aggregated and non-personally-identifiable correlated data associated with a plurality of cardholders, the report being generated based on a plurality of filtering criteria interactively and dynamically selectable by the program manager.

16. The method of claim 14 , wherein the general-purpose reloadable card can be reloaded with monetary value by the cardholder.

17. The method of claim 14 , wherein the general-purpose reloadable card is configured as a payroll card on which an employer of the cardholder can load at least one of standard compensation, bonuses, incentives, and rewards payments.

18. The method of claim 17 , wherein the authorized entity is the employer and the method further comprises:

generating and presenting to the employer a report including aggregated and non-personally-identifiable correlated data associated with a plurality of employees.

19. The method of claim 1 , wherein the authorized entity is a third party with which the cardholder has not yet established a commercial relationship using the prepaid debit card.

20. A system for gathering and reporting data associated with a cardholder's use of a prepaid debit card, the system comprising:

at least one processor; and

a memory containing a plurality of program instructions configured to cause the at least one processor to:

correlate, with transactional data associated with one or more processed transactions initiated by the cardholder using the prepaid debit card, primary and secondary personal data associated with the cardholder to generate correlated data, the primary personal data having been received in connection with issuance to the cardholder of the prepaid debit card by a financial institution, the cardholder having received the prepaid debit card following a card fulfillment process, the secondary personal information having been received following the cardholder's receipt of the prepaid debit card;

grant an authorized entity access to at least a portion of the correlated data on an aggregated and non-personally-identifiable basis; and

generate and present to the authorized entity a report showing, based on aggregated and non-personally-identifiable correlated data associated with a plurality of cardholders, how successful a promotional campaign of a promotional entity is compared with a different promotional campaign conducted by a different entity without revealing to the authorized entity the identity of the different entity;

wherein the prepaid debit card is offered to the cardholder by the promotional entity as an economic incentive.

21. A computer-readable storage medium containing a plurality of program instructions executable by a processor for gathering and reporting data associated with a cardholder's use of a prepaid debit card, the plurality of program instructions comprising:

a first instruction segment configured to correlate, with transactional data associated with one or more processed transactions initiated by the cardholder using the prepaid debit card, primary and secondary personal data associated with the cardholder to generate correlated data, the primary personal data having been received in connection with issuance to the cardholder of the prepaid debit card by a financial institution, the cardholder having received the prepaid debit card following a card fulfillment process, the secondary personal information having been received following the cardholder's receipt of the prepaid debit card;

a second instruction segment configured to grant an authorized entity access to at least a portion of the correlated data on an aggregated and non-personally-identifiable basis; and

a third instruction segment configured to generate and present to the authorized entity a report showing, based on aggregated and non-personally-identifiable correlated data associated with a plurality of cardholders, how successful a promotional campaign of a promotional entity is compared with a different promotional campaign conducted by a different entity without revealing to the authorized entity the identity of the different entity;

wherein the prepaid debit card is offered to the cardholder by the promotional entity as an economic incentive.

Assignments (22)