ALERT GENERATION BASED ON A GEOGRAPHIC TRANSGRESSION OF A VEHICLE
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United States of America Patent
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Issued Date -
Jun 6, 2013
app pub date -
Dec 2, 2011
filing date -
Dec 2, 2011
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Abandoned
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Abstract
A method of associating a geospatial boundary area with a vehicle currently having a security interest, determining that the vehicle currently having the security interest has transgressed the geospatial boundary area, and generating an alert communication to a party having the security interest in the vehicle based on the transgression is disclosed. Also disclosed is the comparison of geo spatial data received from a transmitter installed within the vehicle with a predetermined event specified by a lender or provider and dynamically generated using the geospatial data, to make a determination of a predictive indicator of default, delinquency, or loss of value of an asset.
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