Patents by Inventor David Chauncey Shepard
David Chauncey Shepard has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Publication number: 20180308105Abstract: Collaborative constituents collaborate to develop a loyalty program within a transaction processing system. Transmissions addressed to the collaborative constituents are formed and received from the collaborative constituents containing suggested parameters for the loyalty program. At least one remaining parameter for the loyalty program that a set of remaining collaborative constituents have agreed upon is determined. Another transmission addressed to each of the collaborative constituents in the set of remaining collaborative constituents is formed, the another transmission including the remaining parameters for the loyalty program.Type: ApplicationFiled: July 2, 2018Publication date: October 25, 2018Inventors: Edward W. Fordyce, III, Karteek Hasmukh Patel, Sarah Pankratz McCarthy, David Chauncey Shepard
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Patent number: 10037535Abstract: Collaborative constituents collaborate to develop a loyalty program within a transaction processing system. Transmissions addressed to the collaborative constituents are formed and received from the collaborative constituents containing suggested parameters for the loyalty program. At least one remaining parameter for the loyalty program that a set of remaining collaborative constituents have agreed upon is determined. Another transmission addressed to each of the collaborative constituents in the set of remaining collaborative constituents is formed, the another transmission including the remaining parameters for the loyalty program.Type: GrantFiled: August 30, 2007Date of Patent: July 31, 2018Assignee: Visa U.S.A. Inc.Inventors: Edward W. Fordyce, III, Karteek Hasmukh Patel, Sarah Pankratz Suarez, David Chauncey Shepard
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Patent number: 9031859Abstract: A computer receives information that a request is made to authorize a transaction for a sale of a product by a merchant to an account holder in a transaction conducted on a consumer account issued to the account holder. When the computer confirms that the transaction is authorized and that the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, the computer communicates that the rebate is to be debited to an account of the sponsor and either: (i) given as a discount by the merchant at the point of sale to the account holder; or (ii) credited to an account issued to the account holder by the issuer.Type: GrantFiled: May 20, 2010Date of Patent: May 12, 2015Assignee: Visa U.S.A. Inc.Inventors: Diane C. Salmon, James Alan VonDerheide, Edward W. Fordyce, III, David Chauncey Shepard, Gregory Michael Adams, Laura DiGioacchino
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Publication number: 20150019314Abstract: A computer receives information that a request is made to authorize a transaction for a sale of a product by a merchant to an account holder in a transaction conducted on a consumer account issued to the account holder. When the computer confirms that the transaction is authorized and that the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, the computer communicates that the rebate is to be debited to an account of the sponsor and either: (i) given as a discount by the merchant at the point of sale to the account holder; or (ii) credited to an account issued to the account holder by the issuer.Type: ApplicationFiled: October 2, 2014Publication date: January 15, 2015Inventors: Diane C. Salmon, James Alan VonDerheide, Edward W. Fordyce, David Chauncey Shepard, Gregory Michael Adams, Laura DiGioacchino
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Patent number: 8620738Abstract: The eligibility of an transaction between a consumer and a merchant toward an incentive for a loyalty program is determined using a globally unique identifier (GUID) matching algorithm. Information characterizing the transaction may include a GUID for the merchant and a GUID for an account of the consumer on which the transaction is payable. The GUIDs are each matched against GUIDs of merchants and accounts stored in a database, some of which are distinguished as loyalty program participants. When both the GUID for the merchant and the GUID for the account match with respective GUIDs in the database that are distinguished as loyalty program participants, the transaction is eligible toward the incentive.Type: GrantFiled: August 30, 2007Date of Patent: December 31, 2013Assignee: Visa U.S.A. IncInventors: Edward W. Fordyce, III, Karteek Hasmukh Patel, David Chauncey Shepard
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Publication number: 20110066483Abstract: A computer receives information that a request is made to authorize a transaction for a sale of a product by a merchant to an account holder in a transaction conducted on a consumer account issued to the account holder. When the computer confirms that the transaction is authorized and that the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, the computer communicates that the rebate is to be debited to an account of the sponsor and either: (i) given as a discount by the merchant at the point of sale to the account holder; or (ii) credited to an account issued to the account holder by the issuer.Type: ApplicationFiled: May 20, 2010Publication date: March 17, 2011Inventors: Diane C. Salmon, James Alan VonDerheide, Edward W. Fordyce, III, David Chauncey Shepard, Gregory Michael Adams, Laura DiGioacchino
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Publication number: 20100169170Abstract: A value of an incentive in a loyalty program is debited from a funding balance and credited to an account used in a transaction that qualifies for the incentive. A computing device receives a plurality of transactions upon accounts issued to account holders by corresponding issuers. After the transactions that qualify for the incentive are cleared and settled, funds matching the value of the incentive is transferred from a funding balance of the sponsor of the incentive to the account used in the qualified transaction. The issuer's interchange fee remains intact after the credit is applied.Type: ApplicationFiled: October 22, 2009Publication date: July 1, 2010Inventors: Edward W. Fordyce, III, Karteek Hasmukh Patel, Sarah Pankratz Suarez, David Chauncey Shepard, Jeanette M. Yoder, Leigh Amaro
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Publication number: 20100145786Abstract: A loyalty program for a transaction processing system includes a loyalty program database with loyalty program business rules that are usable to determine when a transaction qualifies for the loyalty program. A loyalty program rule implementer receives transaction data whenever a transaction occurs and uses the received transaction data and the program business rules to determine when a transaction qualifies for the loyalty program. The loyalty program rule implementer is an entity other than an issuer, an acquirer or a merchant. The loyalty program business rules require that the transaction relate to at least one of a specific merchant, a specific issuer, a specific acquirer, a specific consumer, a specific product/service, a consumer having a specific characteristic, a merchant having a specific characteristic, an issuer having a specific characteristic, an acquirer having a specific characteristic and a product/service having a specific characteristic.Type: ApplicationFiled: December 3, 2009Publication date: June 10, 2010Inventors: Edward W. Fordyce III, Karteek Hasmukh Patel, David Chauncey Shepard
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Patent number: 7665660Abstract: The present invention provides systems and methods for facilitating transactions with real-time awards determinations for a cardholder. Each transaction includes transaction information, where the transaction information includes: cardholder information, merchant information, and a transaction amount. An engine determines if an award should be granted based on award criteria, such that the engine compares the transaction information with each award criterion in order to determine if the award should be granted in real-time with the transaction by the cardholder.Type: GrantFiled: March 8, 2007Date of Patent: February 23, 2010Assignee: Visa U.S.A. Inc.Inventors: Lori Degliantoni, Barbara Patterson, David Chauncey Shepard
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Publication number: 20080217397Abstract: The present invention provides systems and methods for facilitating transactions with real-time awards determinations for a cardholder. Each transaction includes transaction information, where the transaction information includes: cardholder information, merchant information, and a transaction amount. An engine determines if an award should be granted based on award criteria, such that the engine compares the transaction information with each award criterion in order to determine if the award should be granted in real-time with the transaction by the cardholder.Type: ApplicationFiled: March 8, 2007Publication date: September 11, 2008Inventors: Lori Degliantoni, Barbara Patterson, David Chauncey Shepard
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Publication number: 20080059306Abstract: The eligibility of an transaction between a consumer and a merchant toward an incentive for a loyalty program is determined using a globally unique identifier (GUID) matching algorithm. Information characterizing the transaction may include a GUID for the merchant and a GUID for an account of the consumer on which the transaction is payable. The GUIDs are each matched against GUIDs of merchants and accounts stored in a database, some of which are distinguished as loyalty program participants. When both the GUID for the merchant and the GUID for the account match with respective GUIDs in the database that are distinguished as loyalty program participants, the transaction is eligible toward the incentive.Type: ApplicationFiled: August 30, 2007Publication date: March 6, 2008Inventors: Edward W. Fordyce, Karteek Hasmukh Patel, David Chauncey Shepard
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Publication number: 20080059302Abstract: A loyalty program associated with a payment processing system is constructed, implemented, and refined through collaboration between collaborative constituents in the payment processing system. A first collaborative constituent may transmits a proposal having at least one parameter of the loyalty program to another collaborative constituents. The first collaborative constituent may receive a response to the proposal and transmit a reply based on the response. All remaining collaborative constituents in the negotiation process agree to a negotiated set of parameters. The negotiated set of parameters for the loyalty program is communicated to a loyalty program implementer that can be one of the collaborative constituents. The same process of proposal, response, and reply can be utilized to refine the negotiated set of parameters as long as the remaining collaborative constituents agree that refinement is in order.Type: ApplicationFiled: June 22, 2007Publication date: March 6, 2008Inventors: Edward W. Fordyce III, Karteek Hasmukh Patel, Sarah Pankratz Suarez, David Chauncey Shepard