Patents Examined by Ayal I. Sharon
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Patent number: 11568375Abstract: Systems and methods which utilize one or more social networking systems when creating, funding, and/or notifying a party of a transaction are provided. In accordance with one aspect, a money transfer transaction may be staged by a user whereupon a link corresponding to the staged transaction may be posted to one or more social networking services in order to allow for multiple users to access and fund the staged transaction. Additionally, in some aspects a user of a social networking service may generate a comment or post which then automatically triggers the staging of a money transfer transaction. Moreover, social networking services may be utilized to provide various notifications regarding money transfer transactions.Type: GrantFiled: March 10, 2021Date of Patent: January 31, 2023Assignee: MoneyGram International, Inc.Inventors: Joel David Kosloski, Thadd Rae Tokerud, Khaled Adel Sioufi, Chelsea Adina Lish, Brinkley Brown Eiting, Eric M. Garza, Sarah Elizabeth Bradbury
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Patent number: 11568418Abstract: Various embodiments are related to apparatuses and methods for enabling a sender to perform monetary transactions for a requestor. A sender can use, for example, a payment application associated with a payment processing system to perform a monetary transaction for a requestor. The payment processing system can send information related to the monetary transaction to, for example, a sender-requestor association component. When the monetary transaction is a deposit, the sender can receive funds for the deposit from the requestor. The platform can debit the requestor's financial account for the deposit amount and credit the sender's financial account with the debit account as a physical cash transaction occurs between the sender and the requestor.Type: GrantFiled: September 30, 2016Date of Patent: January 31, 2023Assignee: Block, Inc.Inventor: Michael Dahn
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Patent number: 11568376Abstract: A method includes initiating, by a first computing device, an interaction with a second computing device. The first computing device includes a first digital asset unit and the second computing device includes a second digital asset unit. The first digital asset unit stores assignable tokens. The method further includes determining to assign conditional access rights to an amount of the assignable tokens to the second digital asset unit where the conditional access rights are in accordance with a set of conditions. The assignment of conditional access rights is a self-enforcing smart contract embedded in an assignable token distributed ledger technology. The method further includes locking the amount of the assignable tokens stored in the first digital asset unit and providing the conditional access rights to the amount of the assignable tokens to second digital asset unit. The second digital asset unit does not store the amount of the assignable tokens.Type: GrantFiled: March 17, 2021Date of Patent: January 31, 2023Assignee: Flexa Network Inc.Inventors: Trevor Filter, Zachary Kilgore, Robert Leshner, Tyler Robert Spalding
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Patent number: 11568434Abstract: One or more computing devices, systems, and/or methods for executing feedback actions based upon vehicle practices are provided. For example, sensor data is collected from sensors configured to collect sensor data associated with vehicles. The sensor data is synthesized to attribute sensor data to vehicle motion of the vehicle in relation to other objects. The vehicle motion is synthesized to determine driving actions of the vehicle, such as switching lanes, making a left hand turn, running a red light, etc. Vehicle practices of the vehicle are defined based upon the driving actions, such as a vehicle practice of a driver running red lights. A feedback action is executed to either reward the vehicle practices or incentivize a change in the vehicle practices.Type: GrantFiled: February 27, 2018Date of Patent: January 31, 2023Assignee: Verizon Patent and Licensing Inc.Inventors: Eric Theodore Bax, Kimberly Williams, Lisa Giaffo, John Donald, Teppo Veikko Salonen
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Patent number: 11551219Abstract: Embodiments of this application disclose a payment method, a client, an electronic device, a storage medium, and a server. The method includes: receiving a payment instruction of a user; generating, according to audio information in a voice input of the user, a voice feature vector of the audio information; performing matching between the voice feature vector and a user feature vector; and when the matching succeeds, sending personal information associated with the user feature vector to a server, so that the server performs a payment operation for a resource account associated with the personal information. The method can bring convenience to shopping by a consumer.Type: GrantFiled: June 14, 2018Date of Patent: January 10, 2023Assignee: ALIBABA GROUP HOLDING LIMITEDInventors: Gang Liu, Qingen Zhao, Guangxing Liu
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Patent number: 11526944Abstract: A system and computer-implemented method for use in generating an investment strategy for retirement income growth utilizing a crowdsourcing recommendation as an input is provided. Information about the user may be gathered. A goal or range of goals may be provided by the user or may be proposed by a computing device based on the user information. Crowdsourcing members who satisfy threshold criteria may be automatically selected to provide a recommendation on the user goal and/or the proposed investment strategy. A user may select a specific crowd member for a recommendation. An impact of the crowdsourcing recommendation on the user's retirement income growth may be estimated. Steps to implement the crowdsourcing recommendation may be provided to the user. As a result, the user may remain anonymous and may receive recommendations on one or more goals and/or investment strategies that they may not have received otherwise.Type: GrantFiled: June 8, 2016Date of Patent: December 13, 2022Assignee: Wells Fargo Bank, N.A.Inventors: Christopher Nicholas Mair, Alexandra Rapp, Scarlette A. Rose, Dinah Villar, Barbara Ellen Metkowski, Michael Smid
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Patent number: 11526938Abstract: An embodiment of a method of providing financial data to a financial instrument smart contract in a distributed ledger system includes: receiving, by an oracle smart contract in the distributed ledger system, a transaction from the financial instrument smart contract, the transaction including registration data having an identification of financial data to be delivered and an identification of a schedule on which to deliver the financial data; generating a transaction including the financial data; and transmitting the generated transaction to at least one distributed node of the distributed ledger system according to the requested schedule.Type: GrantFiled: March 29, 2017Date of Patent: December 13, 2022Assignee: REFINITIV US ORGANIZATION LLCInventor: Tim Nugent
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Patent number: 11526885Abstract: A method for authenticating an online transaction or a log-in process is provided. The method comprises: receiving image data of a visual graphical barcode from a user device, and the visual graphical barcode is configured to be displayed on an unauthenticated device for conducting the online transaction; analyzing the image data to obtain a transaction validation identifier (ID); comparing the transaction validation ID to a pre-stored validation ID; comparing a first set of collection data from the user device to a second set of collection data that is pre-stored; and determining whether to approve or reject the online transaction based on (1) a match between the transaction validation ID and the pre-stored validation ID, and (2) a match between the first set of collection data and the second set of collection data that is pre-stored.Type: GrantFiled: March 29, 2017Date of Patent: December 13, 2022Assignee: Trusona, Inc.Inventor: Ori Eisen
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Patent number: 11526883Abstract: An automated payment method performed by an automated payment system include: receiving a payment request for a home shopping order from a user of a home shopping server associated with a home shopping broadcast; performing, in an authentication processor, authentication processing on the user based on a user information included in the payment request; and performing, in a payment processor, payment processing corresponding to the payment request based on the user information in response to successful authentication of the user.Type: GrantFiled: June 26, 2017Date of Patent: December 13, 2022Assignee: NHN PAYCO CORPORATIONInventors: Bomyoung Oh, Sang Mi Kim
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Patent number: 11526892Abstract: Various embodiments are related to apparatuses and methods for enabling a sender to perform monetary transactions for a requestor. A sender can use, for example, a payment application associated with a payment processing system to perform a monetary transaction for a requestor. The payment processing system can send information related to the monetary transaction to, for example, a sender-requestor association component. When the monetary transaction is a deposit, the sender can receive funds for the deposit from the requestor. The platform can debit the requestor's financial account for the deposit amount and credit the sender's financial account with the debit account as a physical cash transaction occurs between the sender and the requestor.Type: GrantFiled: September 30, 2016Date of Patent: December 13, 2022Assignee: Block, Inc.Inventor: Michael Dahn
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Patent number: 11526821Abstract: A method of managing media replenishment for a media terminal is described. The method comprises: calculating an amount of media required for the media terminal; receiving from the media terminal an indication of media items deposited at that media terminal that have a condition fulfilling a condition criterion; and adjusting the calculated amount of media required based on the indication of media items that fulfill the condition criterion.Type: GrantFiled: August 29, 2013Date of Patent: December 13, 2022Assignee: NCR CorporationInventor: Michael James Neilan
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Patent number: 11367074Abstract: A system and method are disclosed, to distinguish fraudulent transactions from a legitimate transaction, predicated on the notion that the card is considered likely to be in state of fraud. The disclosed system and method can be activated as soon as an account has suspicious activity that causes a high score for potential fraud, but before a bank either can or needs to confirm fraud. The system or method is able to pinpoint the actual fraudulent transactions inside a window of potential fraudulent activity, using a specialized model referred to as the pinpoint model.Type: GrantFiled: October 28, 2016Date of Patent: June 21, 2022Assignee: FAIR ISAAC CORPORATIONInventors: Scott M. Zoldi, Hila Hashemi, Todd Alan Smith
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Patent number: 11361292Abstract: Various embodiments of a system, methods, server, client, and graphical user interface to displaying on map interface, place(s) associated with particular location of place wherein places including current, nearest, nearby, category specific, searched and any combination thereof for enabling user to select or identify specific place or place of business on map and view associated standardized and integrated payment user interface with/in said selected or identified place or place icon or place user interface which enable user to make entered or inputted or selected or displayed or pre-set or default or pushed particular amount of payment from user's account to said selected or identified place associated automatically identified merchant's account, without the user having to enter the account information related to merchant.Type: GrantFiled: August 26, 2020Date of Patent: June 14, 2022Inventor: Yogesh Rathod
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Patent number: 11354632Abstract: A system includes a customer database that stores user information concerning a plurality of customers, a network interface configured to communicate data over a network, and a processing circuit comprising a processor and memory. The memory is structured to store instructions that are executable by the processor and cause the processing circuit to receive an indication that a customer is within a predetermined distance from an automated teller machine (ATM), transmit, responsive to receiving the indication, an authorization signal to a customer computing device associated with the customer, the authorization signal configured to activate an ATM pre-stage function of an application implemented on the customer computing device, receive, by the network interface over the network, customer transaction preferences from the customer computing device, and authorize an ATM transaction at the ATM based on the received customer transaction preferences.Type: GrantFiled: December 30, 2016Date of Patent: June 7, 2022Assignee: Wells Fargo Bank, N.A.Inventors: Miranda C. Hill, Alicia Y. Moore, Steven E. Puffer, Jerome Rhodes, Susan Symons, Michael R. Thomas, Young M. Yang
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Patent number: 11315188Abstract: A system and a method, the method including assigning a payment parameter to each variable risk transfer segment of a top-down table and accumulating payment parameters to a total payment sum, capturing payment transfer parameters from a first payment-transfer device to a second payment-transfer device, and when the total payment sum at the second payment-transfer device has been triggered, transferring the risk exposure of a first insurance system associated with the variable risk transfer segments of the top-down table to a second insurance system.Type: GrantFiled: September 28, 2016Date of Patent: April 26, 2022Assignee: Swiss Reinsurance Company Ltd.Inventors: Rita Niering, Andreas Michael Schmid
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Patent number: 11315091Abstract: The invention relates to the field of making online payments by integrating social networks and payment networks to a seamless network. In particular, the invention leverages the information in the social network to conduct financial transactions. The best mode of the invention is considered to be a social payment network app that incorporates all or most of the functions of credit cards, internet banking and money order companies by using the data and functions already available in the social network. The invention provides better counterparty recognition, reduces the chance of fraud, or fraud, and provides a cheaper payment platform to consumers (110, 410) or small businesses while also reducing the administrative burden in making and paying purchases or reporting payments and/or expenses to third parties, such as the employer or tax administration.Type: GrantFiled: December 2, 2016Date of Patent: April 26, 2022Inventor: Mikko Vaananen
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Patent number: 11308498Abstract: Information for a payment account of a user of a transit system may be received. A risk analysis may be performed using the information for the payment account based on one or more parameters to determine a risk score for the user. The risk score for the user may be provided to a transit payment system. Whether the user is a high risk based on the risk score may be determined. If the user is a high risk, payment or payment authorization from the user via the transit payment system may be required before the user exits the transit system.Type: GrantFiled: July 15, 2019Date of Patent: April 19, 2022Assignee: VISA INTERNATIONAL SERVICE ASSOCIATIONInventors: Syam Sasidharan Nair, Francois Hribovsek
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Patent number: 11295309Abstract: Embodiments describe an approach for smart lens-based transactions using eye contact. Embodiments comprise identifying a focus angle of a user wearing a smart lens, determining a smart lens-based transaction is occurring based on the focus angle including a second user or a point of sale sensor for a predetermined amount of time, and verifying the focus angle overlaps with a transacting focus angle of the second user or the point of sale sensor. Additionally, embodiments comprise authenticating the user based on biometric security measures on the smart lens, displaying an augmented reality prompt to the user on the smart lens, wherein the augmented reality prompt on the smart lens prompts the user to select a stored payment method and confirm an amount or file associated with the smart lens-based computing event, and executing the smart lens-based transaction based on the verified overlapping focus angles and the user confirmation.Type: GrantFiled: September 13, 2019Date of Patent: April 5, 2022Assignee: International Business Machines CorporationInventor: Sarbajit K. Rakshit
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Patent number: 11282052Abstract: A computer-implemented method includes: determining a target user corresponding to a payment request and a plurality of payment channels corresponding to the payment request; obtaining payment features based on the target user and the plurality of payment channels, in which the payment features include features representing historical characteristics of one or more payments made by the target user using one or more of the plurality of payment channels; determining, based on the payment features, a recommendation score corresponding to each of the plurality of payment channels in accordance with a prediction model; and generating, based on the determined recommendation scores of the plurality of payment channels, a recommendation including at least one of: a selection of at least one of the plurality of payment channels, and a manner of presentation of at least one of the plurality of payment channels.Type: GrantFiled: February 27, 2020Date of Patent: March 22, 2022Assignee: Advanced New Technologies Co., Ltd.Inventors: Runyu Xu, Zhe Wang, Renqiang Xie, Jianan Su, Hui Liu
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Patent number: 11282049Abstract: An automatic billing and cardholder profile updater (ABCPU) computing device is provided. The ABCPU computing device receives an update request including an account identifier and associated with a candidate payment account over a first network, retrieves billing data associated with the candidate payment account from a billing database that stores billing data associated with a plurality of payment accounts, generates a card profile query including the account identifier, transmits the card profile query over a second network separate from the first network, receives card profile data associated with the candidate payment account from a card profile database that stores card profile data associated with a plurality of payment accounts, generates an update response including the retrieved billing data and the received card profile data, and transmits the update response over the first network to at least one of an acquirer and a merchant associated with the update request.Type: GrantFiled: September 29, 2016Date of Patent: March 22, 2022Assignee: MASTERCARD INTERNATIONAL INCORPORATEDInventor: Peter Groarke