IP Library Granted Patent US 11,978,086
Granted Patent B2
US 11,978,086 · App. 18/186,074 · Granted May 7, 2024

Dynamic modification of digital redemption transactions

Inventors: Gabriel Saunkeah (Berkeley, CA); Jenny Jeansonne (Stamford, CT); Julia McCaffrey (Stamford, CT); Soren Mills (Stamford, CT)
Assignee: LOOP COMMERCE, INC.
G06Q30/0233G06Q30/0224
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Quick Facts
Patent No.
US 11,978,086
App. No.
18/186,074
Granted
May 7, 2024
Kind
B2
Abstract

Systems and methods describe providing alternate redemption options. One aspect involves receiving an order, analyzing consumer information using a redemption options algorithm to obtain redemption options including an alternate redemption option, providing an initial gift notification to a recipient device based on the gift order, the initial gift notification including the alternate redemption option, receiving an alternate redemption request, transmitting an alternate redemption information request, receiving alternate redemption information, adding alternate redemption information to the historical consumer information to obtain updated historical consumer information, training the redemption options algorithm using the updated historical consumer information to obtain an updated redemption options algorithm, and performing an alternate redemption action set using the alternate redemption information. Alternate redemption options may include an option to regift a gift, to donate the value of a gift to a donation recipient, and/or to donate a positive balance remaining after the redemption of a gift.

Claims (77)

1. A computer-implemented method, comprising:

receiving a gift order;

analyzing consumer information using a redemption options algorithm to generate redemption options including an alternate redemption option, wherein the redemption options are generated as the consumer information is being received in real-time, wherein the redemption options algorithm is a clustering machine-learning algorithm, wherein analyzing the consumer information includes using the redemption options algorithm to identify the redemption options specified by a cluster of a set of clusters, and wherein the cluster includes characteristics that are associated with the consumer information;

providing an initial gift notification based on the gift order, wherein the initial gift notification includes the redemption options and the alternate redemption option, and wherein when the initial gift notification is received, a recipient device generates an alternate redemption request;

receiving the alternate redemption request;

transmitting an alternate redemption information request;

receiving alternate redemption information;

adding the alternate redemption information to the consumer information to obtain updated consumer information;

generating in real-time a training dataset based on the updated consumer information, wherein generating the training dataset includes associating the alternate redemption information of the updated consumer information with a corresponding outcome label, and wherein the corresponding outcome label is determined based on one or more operations performed by the recipient device;

training the redemption options algorithm using the training dataset to obtain an updated redemption options algorithm, wherein the redemption options algorithm is trained using an unsupervised training technique as the alternate redemption information is being added to the consumer information in real-time, and wherein the redemption options algorithm is trained to increase a likelihood of future alternate redemption options being selected by the recipient device; and

performing an alternate redemption action set using the alternate redemption information.

2. The computer-implemented method of claim 1 , wherein the alternate redemption information includes a regift recipient identifier, and wherein performing the alternate redemption action set includes transmitting an updated gift notification using the regift recipient identifier.

3. The computer-implemented method of claim 1 , wherein the alternate redemption information includes a regift recipient identifier, and wherein performing the alternate redemption action set includes delivering a gift to a regift recipient associated with the regift recipient identifier based on the alternate redemption information.

4. The computer-implemented method of claim 1 , wherein performing the alternate redemption action set includes transmitting a gift redemption information request including a plurality of gift customization options.

5. The computer-implemented method of claim 1 , wherein performing the alternate redemption action set includes transmitting a gift redemption information request including an alternate gift option.

6. The computer-implemented method of claim 1 , further comprising:

decrementing, in response to receiving the alternate redemption request, a regift counter,

wherein the regift counter is initially set to a maximum allowed regifts quantity, and

wherein, when the regift counter reaches zero, no additional regift offers are presented in association with a gift corresponding to the gift order.

7. The computer-implemented method of claim 1 , wherein the alternate redemption request includes a donation request.

8. The computer-implemented method of claim 1 , wherein the alternate redemption information request includes a plurality of donation recipient options, and the plurality of donation recipient options are determined by a gifting entity associated with the gift order.

9. The computer-implemented method of claim 1 , wherein performing the alternate redemption action set includes transmitting a donation information set associated with the gift order, wherein the donation information set comprises a donation recipient selection, and wherein, when the donation information set is received at a gifting entity device, a gifting entity associated with the gifting entity device initiates a donation using the donation recipient selection.

10. The computer-implemented method of claim 1 , wherein the alternate redemption information includes a donation recipient selection, and performing the alternate redemption action set includes initiating a donation based on the donation recipient selection, wherein the donation is based on a value of a gift associated with the gift order.

11. The computer-implemented method of claim 1 , wherein the alternate redemption information includes a donation recipient selection, and performing the alternate redemption action set includes transmitting donation information, wherein when the donation information is received at the recipient device, a recipient associated with the recipient device initiates a donation using the donation information.

12. The computer-implemented method of claim 1 , wherein the alternate redemption information includes a donation recipient selection, and performing the alternate redemption action set comprises:

determining a value of a gift associated with the gift order;

determining an alternate value representation based on the value and the donation recipient selection; and

transmitting the alternate value representation to the recipient device.

13. The computer-implemented method of claim 1 , wherein performing the alternate redemption action set comprises:

determining a difference between a value of a gift associated with the gift order and a redeemed gift associated with the alternate redemption information to obtain a value difference; and

transmitting a donation option to a gifting entity device associated with the gift order, wherein the donation option facilitates a donation of the value difference by a gifting entity associated with the gifting entity device.

14. The computer-implemented method of claim 1 , wherein performing the alternate redemption action set comprises:

determining a difference between a value of a gift associated with the gift order and a redeemed gift associated with the alternate redemption information to obtain a value difference; and

transmitting a donation option to the recipient device, wherein the donation option facilitates a donation of the value difference by a recipient associated with the recipient device.

15. The computer-implemented method of claim 1 , wherein the redemption options algorithm generates the alternate redemption option when the gift order was submitted within a particular time range.

16. The computer-implemented method of claim 1 , wherein the redemption options algorithm generates the alternate redemption option when a gift associated a gift order is associated with a particular gift type.

17. The computer-implemented method of claim 1 , wherein the alternate redemption action set is performed without notifying a gifting entity associated with the gift order.

18. The computer-implemented method of claim 1 , wherein the consumer information includes interactions between the recipient device and one or more gifting entities associated with the gift order.

19. A system, comprising:

one or more processors; and

memory storing thereon instructions that, as a result of being executed by the one or more processors, cause the system to:

receive a gift order;

analyze consumer information using a redemption options algorithm to generate redemption options including an alternate redemption option, wherein the redemption options are generated as the consumer information is being received in real-time, wherein the redemption options algorithm is a clustering machine-learning algorithm, wherein analyzing the consumer information includes using the redemption options algorithm to identify the redemption options specified by a cluster of a set of clusters, and wherein the cluster includes characteristics that are associated with the consumer information;

provide an initial gift notification based on the gift order, wherein the initial gift notification includes the redemption options and the alternate redemption option, and wherein when the initial gift notification is received, a recipient device generates an alternate redemption request;

receive the alternate redemption request;

transmit an alternate redemption information request;

receive alternate redemption information;

add the alternate redemption information to the consumer information to obtain updated consumer information;

generate in real-time a training dataset based on the updated consumer information, wherein generating the training dataset includes associating the alternate redemption information of the updated consumer information with a corresponding outcome label, and wherein the corresponding outcome label is determined based on one or more operations performed by the recipient device;

train the redemption options algorithm using the training dataset to obtain an updated redemption options algorithm, wherein the redemption options algorithm is trained using an unsupervised training technique as the alternate redemption information is being added to the consumer information in real-time, and wherein the redemption options algorithm is trained to increase a likelihood of future alternate redemption options being selected by the recipient device; and

perform an alternate redemption action set using the alternate redemption information.

20. The system of claim 19 , wherein the alternate redemption information includes a regift recipient identifier, and wherein performing the alternate redemption action set includes transmitting an updated gift notification using the regift recipient identifier.

21. The system of claim 19 , wherein the memory stores further instructions that, as a result of being executed by the one or more processors, cause the system to:

decrement, in response to receiving the alternate redemption request, a regift counter,

wherein the regift counter is initially set to a maximum allowed regifts quantity, and

wherein, when the regift counter reaches zero, no additional regift offers are presented in association with a gift corresponding to the gift order.

22. The system of claim 19 , wherein the alternate redemption request includes a donation request.

23. The system of claim 19 , wherein the alternate redemption information request includes a plurality of donation recipient options, and the plurality of donation recipient options are determined by a gifting entity associated with the gift order.

24. The system of claim 19 , wherein the redemption options algorithm generates the alternate redemption option when the gift order was submitted within a particular time range.

25. The system of claim 19 , wherein the redemption options algorithm generates the alternate redemption option when a gift associated a gift order is associated with a particular gift type.

26. The system of claim 19 , wherein the alternate redemption action set is performed without notifying a gifting entity associated with the gift order.

27. The system of claim 19 , wherein the consumer information includes interactions between the recipient device and one or more gifting entities associated with the gift order.

28. A non-transitory, computer-readable storage medium storing thereon executable instructions that, as a result of being executed by a computer system, cause the computer system to:

receive a gift order;

analyze consumer information using a redemption options algorithm to generate redemption options including an alternate redemption option, wherein the redemption options are generated as the consumer information is being received in real-time, wherein the redemption options algorithm is a clustering machine-learning algorithm, wherein analyzing the consumer information includes using the redemption options algorithm to identify the redemption options specified by a cluster of a set of clusters, and wherein the cluster includes characteristics that are associated with the consumer information;

provide an initial gift notification based on the gift order, wherein the initial gift notification includes the redemption options and the alternate redemption option, and wherein when the initial gift notification is received, a recipient device generates an alternate redemption request;

receive the alternate redemption request;

transmit an alternate redemption information request;

receive alternate redemption information;

add the alternate redemption information to the consumer information to obtain updated consumer information;

generate in real-time a training dataset based on the updated consumer information, wherein generating the training dataset includes associating the alternate redemption information of the updated consumer information with a corresponding outcome label, and wherein the corresponding outcome label is determined based on one or more operations performed by the recipient device;

train the redemption options algorithm using the training dataset to obtain an updated redemption options algorithm, wherein the redemption options algorithm is trained using an unsupervised training technique as the alternate redemption information is being added to the consumer information in real-time, and wherein the redemption options algorithm is trained to increase a likelihood of future alternate redemption options being selected by the recipient device; and

perform an alternate redemption action set using the alternate redemption information.

29. The non-transitory, computer-readable storage medium of claim 28 , wherein the redemption options algorithm generates the alternate redemption option when the gift order was submitted within a particular time range.

30. The non-transitory, computer-readable storage medium of claim 28 , wherein the redemption options algorithm generates the alternate redemption option when a gift associated a gift order is associated with a particular gift type.

31. The non-transitory, computer-readable storage medium of claim 28 , wherein the alternate redemption action set is performed without notifying a gifting entity associated with the gift order.

32. The non-transitory, computer-readable storage medium of claim 28 , wherein the consumer information includes interactions between the recipient device and one or more gifting entities associated with the gift order.

Assignments (4)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 11, 2025
From: SYNCHRONY FINANCIAL
To: SYNCHRONY BANK
Reel/Frame 071678/0373 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 2, 2025
From: LOOP COMMERCE, LLC
To: SYNCHRONY FINANCIAL
Reel/Frame 071594/0204 →
CHANGE OF NAME Recorded Apr 23, 2025
From: LOOP COMMERCE, INC.
To: LOOP COMMERCE, LLC
Reel/Frame 071012/0260 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 31, 2023
From: SAUNKEAH, GABRIEL; JEANSONNE, JENNY; MCCAFFREY, JULIA; MILLS, SOREN
To: LOOP COMMERCE, INC.
Reel/Frame 064431/0302 →
Continuity (2)
Provisional Application 63321578 · Mar 18, 2022
Related Publication 20230298065A1 · Sep 21, 2023