Patents by Inventor Sean T. Lynch

Sean T. Lynch 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).

  • Patent number: 8924294
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Grant
    Filed: March 18, 2014
    Date of Patent: December 30, 2014
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Sean T. Lynch, Dickson Chu
  • Publication number: 20140337210
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Application
    Filed: July 23, 2014
    Publication date: November 13, 2014
    Inventors: Sean T. Lynch, Dickson Chu
  • Publication number: 20140201071
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Application
    Filed: March 18, 2014
    Publication date: July 17, 2014
    Applicant: CITICORP CREDIT SERVICES, INC.
    Inventors: Sean T. Lynch, Dickson Chu
  • Patent number: 8719163
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Grant
    Filed: September 12, 2013
    Date of Patent: May 6, 2014
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Sean T. Lynch, Dickson Chu
  • Publication number: 20140019343
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Application
    Filed: September 12, 2013
    Publication date: January 16, 2014
    Inventors: Sean T. Lynch, Dickson Chu
  • Patent number: 8560452
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Grant
    Filed: April 19, 2013
    Date of Patent: October 15, 2013
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Sean T. Lynch, Dickson Chu
  • Publication number: 20130238493
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Application
    Filed: April 19, 2013
    Publication date: September 12, 2013
    Applicant: Citicorp Credit Services, Inc.
    Inventors: Sean T. Lynch, Dickson Chu
  • Patent number: 8447693
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Grant
    Filed: April 13, 2011
    Date of Patent: May 21, 2013
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Sean T. Lynch, Dickson Chu
  • Publication number: 20120265680
    Abstract: Methods and systems for routing payment transactions electronically involve interrogating by computer logic each payment transaction received by a payments interface processor to identify a payment destination and a payment source and to determine, according to pre-defined parameters, whether the payment transaction is eligible for processing via an internal payment transaction processor of the financial institution that minimizes processing costs. Eligible payment transactions may be routed, for example, to an internal debit or credit card processor or ACH processor, and ineligible payment transactions may be routed to external card processing networks.
    Type: Application
    Filed: April 13, 2011
    Publication date: October 18, 2012
    Applicant: CITIGROUP CREDIT SERVICES, INC.
    Inventors: Sean T. Lynch, Dickson CHU