ALERT GENERATION BASED ON A GEOGRAPHIC TRANSGRESSION OF A VEHICLE ASSOCIATED WITH A COLLATERAL

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United States of America Patent

SERIAL NO

13649120

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method of associating a geospatial boundary area with a vehicle, determining that the vehicle has transgressed the geospatial boundary area, and generating an alert communication to a party having a security interest in at least one of the vehicle and an ancillary collateral based on the transgression is disclosed. Also disclosed is the comparison of geospatial 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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Patent Owner(s)

Patent OwnerAddress
SPIREON INC1500 SOLANA BLVD BLDG 6 SUITE 6300 WESTLAKE TX 76262

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Beerle, Tom Burlingame, US 6 136
Boling, Brian Knoxville, US 16 343
Schantz, Curtis Scottsdale, US 5 111

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