Patent ID: 8626705
Filing Date: 2014-01-07
Classification: G06Q

Abstract:
1. A method for deriving aggregated transaction data comprising: sending, by an aggregator server, a transaction data inquiry file from the aggregator server to a transaction database of a financial transaction processing network; receiving, by the aggregator server, a transaction data response file from the transaction database, the transaction data response file comprising financial information; parsing, by the aggregator server, the transaction data response file according to the transaction data inquiry file; determining, by the aggregator server, a first transaction aggregate from the parsed transaction data response file, wherein the first transaction aggregate indicates a ratio of online to in-store purchases within a geographic region; determining, by the aggregator server, a second transaction aggregate from the parsed transaction data response file, wherein the second transaction aggregate indicates a total number of consumers with a revolving balance on a credit card account within the geographic region; determining, by the aggregator server, a third transaction aggregate from the parsed transaction data response file, wherein the third transaction aggregate indicates a total spent in a merchant category within a predetermined amount of time within the geographic region; and determining, by the aggregator server, a fourth transaction aggregate from the parsed transaction data response file, wherein the fourth transaction aggregate indicates an average amount spent at a merchant within the predetermined amount of time within the geographic region.