Patents by Inventor Michael Rethorn

Michael Rethorn 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).

  • Publication number: 20160292753
    Abstract: Exemplary systems and methods for generating donations to charities based on transactions to payment accounts are disclosed. One exemplary method includes identifying at least one transaction associated with a payment account; generating, by a computing device, a donation value to the payment account based on the at least one transaction; aggregating, by the computing device, the donation value for the at least one transaction; and submitting a donation transaction, to an acquirer associated with the charity, for payment to the charity of an amount based on at least the aggregated donation values.
    Type: Application
    Filed: March 30, 2015
    Publication date: October 6, 2016
    Inventors: Mary Fuller, Michael Rethorn, Amy King, Jerry Davis, James Hostetler, Gregory Scott Kriebaum
  • Publication number: 20160048913
    Abstract: Systems and methods for use in assigning bank identification numbers (BINs) are disclosed. One exemplary method includes identifying a payment account demand for an issuer. The payment account demand is associated with an anticipated number of primary account numbers (PANs) for the issuer, each PAN having a PAN length. The method further includes selecting a BIN length for the issuer based on the payment account demand where the BIN length being less than the PAN length, assigning a BIN to the issuer where the BIN has the BIN length, and appending the BIN to a BIN directory. The BIN is associated with the issuer. The BIN is different than each other BIN in the BIN directory.
    Type: Application
    Filed: August 15, 2014
    Publication date: February 18, 2016
    Inventors: Suman Rausaria, Michael Rethorn, Saurabh Mehta