$GTCH The company plans to expand its research and
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Posted On: 02/11/2022 8:08:09 AM
$GTCH The company plans to expand its research and development in this domain during 2022.
“The credit card market world is wild today. There are numerous credit cards choices, each offers different interest rate, benefits and a wide variety of rewarding programs. It is a tricky task to decide which credit card to use and for which type of charges. We are in process of developing an AI controlled, credit card management system to automatically assist users with their credit cards transactions. The invention aims to automatically prioritize and characterize user’s credit cards according to their characteristics.
The goal of the technology is to rank a user’s credit cards profile according to their attributes among them are interest rate, reward programs and similar. In turn, it is designed to use the one with the highest rank to execute the desired charge(s), constantly ensuring the user’s best financial interest. We filed a non-provisional patent to protect the concept of a smart “Financial Manager” that helps users with credit lines monetary decisions, always ensuring their best interest. We find this topic an intriguing opportunity for our technology to be implemented within the financial domain and intend to further explore its horizons in the near future,” stated Danny Rittman, GBT’s CTO.
“The credit card market world is wild today. There are numerous credit cards choices, each offers different interest rate, benefits and a wide variety of rewarding programs. It is a tricky task to decide which credit card to use and for which type of charges. We are in process of developing an AI controlled, credit card management system to automatically assist users with their credit cards transactions. The invention aims to automatically prioritize and characterize user’s credit cards according to their characteristics.
The goal of the technology is to rank a user’s credit cards profile according to their attributes among them are interest rate, reward programs and similar. In turn, it is designed to use the one with the highest rank to execute the desired charge(s), constantly ensuring the user’s best financial interest. We filed a non-provisional patent to protect the concept of a smart “Financial Manager” that helps users with credit lines monetary decisions, always ensuring their best interest. We find this topic an intriguing opportunity for our technology to be implemented within the financial domain and intend to further explore its horizons in the near future,” stated Danny Rittman, GBT’s CTO.
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