ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,240, issued on April 29, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Systems and methods for generating recommendations using a corpus of data" was invented by Christopher John Merz (Wildwood, Mo.), Walter F. Lo Faro (Chesterfield, Mo.) and Peng Yang (Sunnyvale, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and system for recommending a merchant are provided. The method includes receiving financial transaction data documenting financial transactions between a plurality of account holders and a plurality of merchants and generating a merchant correspondence matrix that includes the plurality of merchants and a plu...