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Posted On: 04/29/2021 7:46:56 AM
Post# of 35727
$GTCH The system will be managed by GBT's Artificial Intelligence technology and use it's patented, database sharing method to enable high performance and security. The system will consider the best financial aspects of all credit card account, automatically selecting the user's best interest one. Among these aspects are lowest interest rates, membership fees, cash advanced, line of credit, benefits like mileage, gift certificates, and similar. The assigned application number is 63175564 and the filing date is April 16, 2021. The company intends to file a nonprovisional application during the next few months.
"We are excited to start another activity of implementing our technology in wide variety of domains. This one is in the financial arena. This patent aims to protect a prioritized, characterized credit card system to automatically enable making the best financial decision with user's credit cards. The technology covered by the patent application contemplates the automatic ranking of the user's credit card benefits like interest rate, reward programs and similar and use the one with the highest rank to execute charges. In this way users will be always using their best interest financial credit account. The system will combine all user's credit accounts and will enable consolidation of all credit lines into one account. Our Artificial Intelligence technology will be the brain to empower the entire system and we'll be implementing our patented database management technology for fast performance and high security. Our AI system will enable a personal "credit advisor" that helps with all credit lines financial decisions, always keeping in mind the user's best interest. This is the first time that we will be using our technology in the financial arena and we look forward for further future expansion in this domain," stated Danny Rittman, the Company's CTO.
"We are excited to start another activity of implementing our technology in wide variety of domains. This one is in the financial arena. This patent aims to protect a prioritized, characterized credit card system to automatically enable making the best financial decision with user's credit cards. The technology covered by the patent application contemplates the automatic ranking of the user's credit card benefits like interest rate, reward programs and similar and use the one with the highest rank to execute charges. In this way users will be always using their best interest financial credit account. The system will combine all user's credit accounts and will enable consolidation of all credit lines into one account. Our Artificial Intelligence technology will be the brain to empower the entire system and we'll be implementing our patented database management technology for fast performance and high security. Our AI system will enable a personal "credit advisor" that helps with all credit lines financial decisions, always keeping in mind the user's best interest. This is the first time that we will be using our technology in the financial arena and we look forward for further future expansion in this domain," stated Danny Rittman, the Company's CTO.
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