Patents by Inventor Faraz Babar
Faraz Babar 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: 20240152920Abstract: The systems and methods described herein generally relate to authorization requests using biometric information. The systems and methods may comprise operations performed by a computer based system comprising various components. The operations may include receiving biometric information from a user, identifying internal data for a user associated with the biometric information, identifying the internal data for the user associated with the biometric information and/or the user profile, analyzing the biometric information, authenticating the consumer in response to the analyzing the biometric information, and/or authorizing in response to the authenticating.Type: ApplicationFiled: November 8, 2022Publication date: May 9, 2024Inventors: Faraz Babar, Sathish B. Muthukrishnan
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Publication number: 20230252445Abstract: A system and a method for splitting a transaction across multiple systems is disclosed. In some examples, a system is configured to receive a notification of a transaction that has occurred with a merchant for a transaction account. The system is configured to initiate a split of the transaction based at least in part on a selection of a user interface element and display a user interface for identifying a selection of a peer-to-peer system for a selected contact of the transaction. A funds request is transmitted and includes an identifier for the selected contact at the peer-to-peer system.Type: ApplicationFiled: April 6, 2023Publication date: August 10, 2023Inventors: FARAZ BABAR, SYLVAIN BOUCARD, LAVANYA VENKATANARAYANAN, LISA YOKOYAMA
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Publication number: 20230245091Abstract: A system and a method for tracking repayment status of a transaction split across multiple systems is disclosed. In some examples, a system is configured to receive a notification of a transaction that has occurred with a merchant for a transaction account. The system is configured to initiate a split of the transaction based at least in part on a selection of a user interface element and display a user interface for identifying a selection of a peer-to-peer system for a selected contact of the transaction. A funds request is transmitted and includes an identifier for the selected contact at the peer-to-peer system. A user interface is displayed provides a repayment status for the fund request transmitted for the identifier.Type: ApplicationFiled: April 6, 2023Publication date: August 3, 2023Inventors: FARAZ BABAR, SYLVAIN BOUCARD, LAVANYA VENKATANARAYANAN, LISA YOKOYAMA
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Patent number: 11657380Abstract: A consumer may initiate a transaction using a transaction account. The transaction account issuer may transmit a notification to the consumer that the transaction has been authorized. The consumer may select requestees with whom to split the transaction. The transaction account issuer may transmit instructions via APIs to peer-to-peer payment systems to request payment from the requestees. The peer-to-peer payment systems may transfer the payment to the transaction account issuer, and the transaction account issuer may apply to payment to the consumer's transaction account.Type: GrantFiled: May 5, 2020Date of Patent: May 23, 2023Assignee: American Express Travel Related Services Company, Inc.Inventors: Faraz Babar, Sylvain Boucard, Lavanya Venkatanarayanan, Lisa Yokoyama
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Publication number: 20220270089Abstract: Systems and methods for the maintenance of merchant-stored transaction account data are disclosed. The system may include various merchant systems and issuer systems in communication via a blockchain network. The system provides a process for collaboration between various issuer systems and merchant systems to update and maintain merchant stored transaction account data in response to changes, cancellations, updates, or the like in various stored transaction account.Type: ApplicationFiled: February 9, 2022Publication date: August 25, 2022Inventors: FARAZ BABAR, AIMEE CARDWELL, ANDRAS L. FERENCZI, DALLAS GALE, NILESH YASHAVANT JADHAV, ASHISH KUMAR, HARISH R. NAIK, LAVANYA VENKATANARAYANAN
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Patent number: 11282076Abstract: Systems and methods for the maintenance of merchant-stored transaction account data are disclosed. The system may include various merchant systems and issuer systems in communication via a blockchain network. The system provides a process for collaboration between various issuer systems and merchant systems to update and maintain merchant-stored transaction account data in response to changes, cancellations, updates, or the like in various stored transaction account.Type: GrantFiled: December 14, 2018Date of Patent: March 22, 2022Assignee: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: Faraz Babar, Aimee Cardwell, Andras L. Ferenczi, Dallas Gale, Nilesh Yashavant Jadhav, Ashish Kumar, Harish R. Naik, Lavanya Venkatanarayanan
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Publication number: 20200273015Abstract: A consumer may initiate a transaction using a transaction account. The transaction account issuer may transmit a notification to the consumer that the transaction has been authorized. The consumer may select requestees with whom to split the transaction. The transaction account issuer may transmit instructions via APIs to peer-to-peer payment systems to request payment from the requestees. The peer-to-peer payment systems may transfer the payment to the transaction account issuer, and the transaction account issuer may apply to payment to the consumer's transaction account.Type: ApplicationFiled: May 5, 2020Publication date: August 27, 2020Inventors: Faraz Babar, Sylvain Boucard, Lavanya Venkatanarayanam, Lisa Yokoyama
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Publication number: 20200193429Abstract: Systems and methods for the maintenance of merchant-stored transaction account data are disclosed. The system may include various merchant systems and issuer systems in communication via a blockchain network. The system provides a process for collaboration between various issuer systems and merchant systems to update and maintain merchant-stored transaction account data in response to changes, cancellations, updates, or the like in various stored transaction account.Type: ApplicationFiled: December 14, 2018Publication date: June 18, 2020Applicant: American Express Travel Related Services Company, Inc.Inventors: FARAZ BABAR, AIMEE CARDWELL, ANDRAS L. FERENCZI, DALLAS GALE, NILESH YASHAVANT JADHAV, ASHISH KUMAR, HARISH R. NAIK, LAVANYA VENKATANARAYANAN
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Patent number: 10664883Abstract: The system may be configured to determine, via a verification and monitoring module, identity information for a user in a channel. The system may monitor activity information in the channel. The activity information may be analyzed to determine that the activity information corresponds to an activity associated with the user. The system may also analyze the activity information to determine that the activity information is associated with an item in the channel. The system may identify the item. The system may also initiate, via a transaction processing system, a transaction for the item in response to the analyzing the activity information.Type: GrantFiled: February 8, 2016Date of Patent: May 26, 2020Assignee: American Express Travel Related Services Company, Inc.Inventors: Faraz Babar, Sathish B. Muthukrishnan
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Publication number: 20180225649Abstract: A consumer may initiate a transaction using a transaction account. The transaction account issuer may transmit a notification to the consumer that the transaction has been authorized. The consumer may select requestees with whom to split the transaction. The transaction account issuer may transmit instructions via APIs to peer-to-peer payment systems to request payment from the requestees. The peer-to-peer payment systems may transfer the payment to the transaction account issuer, and the transaction account issuer may apply to payment to the consumer's transaction account.Type: ApplicationFiled: February 6, 2017Publication date: August 9, 2018Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: FARAZ BABAR, SYLVAIN BOUCARD, LAVANYA VENKATANARAYANAN, LISA YOKOYAMA
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Publication number: 20170228737Abstract: The systems and methods described herein generally relate to payment using biometric information. The systems and methods may comprise operations performed by a computer based system comprising various components. The operations may include receiving biometric information from a consumer as part of a transaction, identifying a consumer profile associated with the biometric information, identifying a consumer account associated with the biometric information and/or the consumer profile, analyzing the biometric information, authenticating the consumer in response to the analyzing the biometric information, and/or authorizing the transaction in response to the authenticating.Type: ApplicationFiled: February 9, 2016Publication date: August 10, 2017Applicant: American Express Travel Related Services Company, Inc.Inventors: Faraz Babar, Sathish B. Muthukrishnan
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Publication number: 20160155165Abstract: The system may be configured to determine, via a verification and monitoring module, identity information for a user in a channel. The system may monitor activity information in the channel. The activity information may be analyzed to determine that the activity information corresponds to an activity associated with the user. The system may also analyze the activity information to determine that the activity information is associated with an item in the channel. The system may identify the item. The system may also initiate, via a transaction processing system, a transaction for the item in response to the analyzing the activity information.Type: ApplicationFiled: February 8, 2016Publication date: June 2, 2016Applicant: American Express Travel Related Services Company, Inc.Inventors: Faraz Babar, Sathish B. Muthukrishnan