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376 results about "Point system" patented technology

A penalty point or demerit point system is one in which a driver's licensing authority, police force, or other organization issues cumulative demerits, or points to drivers on conviction for road traffic offenses. Points may either be added or subtracted, depending on the particular system in use. A major offense may lead to more than the maximum allowed points being issued.

Method and system for issuing, aggregating and redeeming points based on merchant transactions

A loyalty or reward point system that utilizes the pre-existing infrastructure of a typical credit card network. In one embodiment, a user makes a purchase at a merchant of a product using a credit card. The merchant contacts the acquiring bank (which may be any type of financial institution but is referred to generically herein as a bank) with which it has contracted for credit card network services, and as known in the art, will get an approval or decline message after the acquiring bank contacts the issuing bank of the credit card used by the purchaser. Assuming that the purchase transaction is approved, the user is awarded loyalty points from the merchant based on the amount of the purchase (e.g. 100 points for a $100 purchase). A central server resides on the credit card network and tracks the transaction between the merchant, the acquiring bank, and the issuing bank. A reward account is maintained on the central server on behalf of the merchant and the user, and the number of reward points in the user's account for that merchant is increased accordingly. In an alternative embodiment, the user's reward points are logged in an account maintained by the acquiring bank on behalf of the merchant (with which it has a contractual relationship) and the user. The user may redeem the reward points earned from the transaction with the merchant at a later time, or may redeem the points with another merchant on the credit card network, or may aggregate those reward points with those of other merchants into a central exchange account, and then redeem the aggregated points for goods or services from any approved merchant on the network, depending on the configuration of the system.
Owner:SIGNATURE SYST

Method and apparatus for data compression of heart signals

An improved turning point system and method for performing data compression is disclosed. The system improves the conventional turning point compression method by selecting a predetermined number of the "best" turning points in the sample window including data samples X0 and XN. From this sample-window, ones of the data samples X1 through X(N-1) will be identified as turning points using a selected one of a disclosed set of turning point detection methods. In one embodiment, a turning point is identified by determining that the slopes in the lines interconnecting adjacent data points have different polarities. In an alternative embodiment, a data sample XM is considered a turning point if the slope of the line between the data samples XM and X(M+1) has a different polarity as compared to the slope of the last waveform segment that was encountered that did not have a slope of zero. According to one mechanism, amplitude thresholding is used to detect whether an identified turning point is likely the result of noise such that the turning point status of the data sample should be disregarded. After data samples are identified as turning points, ones of the identified turning points are identified as the "best" turning points to be selected for retention. The best turning points may be identified by determining which waveform segment included within a sample window has the largest change of amplitude. An alternative embodiment detects which of the turning points has the greatest signal amplitude compared to a reference value. Yet another embodiment selects as the best turning point that point having an amplitude that differs the most from the amplitude of the first data sample in the sample window. Still other embodiments retain the turning point having an amplitude which is more positive, or alternatively, more negative, than the other data samples. According to one aspect of the invention, the compression ratio varies based on the frequency of the input waveform. In another embodiment, position data is retained to indicate the relative position of retained data samples as compared to the position of other retained data samples. This position data may be calculated at a frequency that is less than the frequency of the sampled data.
Owner:MEDTRONIC INC

Method and system for issuing, aggregating and redeeming rewards based on merchant transactions

A loyalty or reward point system that utilizes the pre-existing infrastructure of a typical credit card network. In one embodiment, a user makes a purchase at a merchant of a product using a credit card. The merchant contacts the acquiring bank (which may be any type of financial institution but is referred to generically herein as a bank) with which it has contracted for credit card network services, and as known in the art, will get an approval or decline message after the acquiring bank contacts the issuing bank of the credit card used by the purchaser. Assuming that the purchase transaction is approved, the user is awarded loyalty points from the merchant based on the amount of the purchase (e.g. 100 points for a $100 purchase). A central server resides on the credit card network and tracks the transaction between the merchant, the acquiring bank, and the issuing bank. A reward account is maintained on the central server on behalf of the merchant and the user, and the number of reward points in the user's account for that merchant is increased accordingly. In an alternative embodiment, the user's reward points are logged in an account maintained by the acquiring bank on behalf of the merchant (with which it has a contractual relationship) and the user. The user may redeem the reward points earned from the transaction with the merchant at a later time, or may redeem the points with another merchant on the credit card network, or may aggregate those reward points with those of other merchants into a central exchange account, and then redeem the aggregated points for goods or services from any approved merchant on the network, depending on the configuration of the system.
Owner:SIGNATURE SYST
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