SYSTEM AND METHOD FOR PROVIDING BEHAVIORAL-BASED PERSONALIZED NUDGES FOR CREATING SAVINGS GOALS

Nirmala Ranganathan; Yair Horesh; Yehezkel Shraga Resheff; Kymm K Kause; Daniel Ben David

SYSTEM AND METHOD FOR PROVIDING BEHAVIORAL-BASED PERSONALIZED NUDGES FOR CREATING SAVINGS GOALS

Nirmala Ranganathan (Inventor)
, Yair Horesh (Inventor)
, Yehezkel Shraga Resheff (Inventor)
, Kymm K Kause (Inventor)
, Daniel Ben David (Inventor)

BA Business Department

Research output: Patent

Abstract

Systems and methods that may be used to provide personalized financial nudges to users of a financial service that may be used to further the users' savings intentions (e.g., a savings goal, an emergency fund, etc.). The disclosed systems and methods may increase user interactivity with the financial service and the services it offers by providing personalized nudges that are based on, among other things, an evaluation of various behavioral economics principles. A machine learning recommendation system may be used to fit and output different nudges to users in a personalized way to maximize their savings' intentions.

Original language	English
Patent number	US2021390875
IPC	G09B 19/ 00 A I
Priority date	10/06/20
State	Published - 16 Dec 2021

Cite this

@misc{a497ed1931a74310a1ecd57c81429c54,

title = "SYSTEM AND METHOD FOR PROVIDING BEHAVIORAL-BASED PERSONALIZED NUDGES FOR CREATING SAVINGS GOALS",

abstract = "Systems and methods that may be used to provide personalized financial nudges to users of a financial service that may be used to further the users' savings intentions (e.g., a savings goal, an emergency fund, etc.). The disclosed systems and methods may increase user interactivity with the financial service and the services it offers by providing personalized nudges that are based on, among other things, an evaluation of various behavioral economics principles. A machine learning recommendation system may be used to fit and output different nudges to users in a personalized way to maximize their savings' intentions.",

author = "Nirmala Ranganathan and Yair Horesh and Resheff, \{Yehezkel Shraga\} and Kause, \{Kymm K\} and David, \{Daniel Ben\}",

year = "2021",

month = dec,

day = "16",

language = "אנגלית",

type = "Patent",

note = "US2021390875; G09B 19/ 00 A I",

}

TY - PAT

T1 - SYSTEM AND METHOD FOR PROVIDING BEHAVIORAL-BASED PERSONALIZED NUDGES FOR CREATING SAVINGS GOALS

AU - Ranganathan, Nirmala

AU - Horesh, Yair

AU - Resheff, Yehezkel Shraga

AU - Kause, Kymm K

AU - David, Daniel Ben

PY - 2021/12/16

Y1 - 2021/12/16

N2 - Systems and methods that may be used to provide personalized financial nudges to users of a financial service that may be used to further the users' savings intentions (e.g., a savings goal, an emergency fund, etc.). The disclosed systems and methods may increase user interactivity with the financial service and the services it offers by providing personalized nudges that are based on, among other things, an evaluation of various behavioral economics principles. A machine learning recommendation system may be used to fit and output different nudges to users in a personalized way to maximize their savings' intentions.

AB - Systems and methods that may be used to provide personalized financial nudges to users of a financial service that may be used to further the users' savings intentions (e.g., a savings goal, an emergency fund, etc.). The disclosed systems and methods may increase user interactivity with the financial service and the services it offers by providing personalized nudges that are based on, among other things, an evaluation of various behavioral economics principles. A machine learning recommendation system may be used to fit and output different nudges to users in a personalized way to maximize their savings' intentions.

M3 - ???researchoutput.researchoutputtypes.patent.patent???

M1 - US2021390875

ER -

SYSTEM AND METHOD FOR PROVIDING BEHAVIORAL-BASED PERSONALIZED NUDGES FOR CREATING SAVINGS GOALS

Abstract

Fingerprint

Cite this