Patents by Inventor Simon Da Silva

Simon Da Silva 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).

  • Method and system for monitoring transactions
    Patent number: 7505931
    Abstract: A method for monitoring financial accounts to determine the possibility of money laundering and other attempts at fraud includes monitoring the financial accounts owned by a person or entity. Data regarding withdrawals and deposits are extracted from a computer database and analyzed. The analysis includes determining the amount of time between a large deposit and the withdrawal (in one or more transactions) of a large portion of the deposit. A further analysis may include determining the amount of time between a large withdrawal and the time of the earliest deposit, wherein multiple deposits may be combined. Using the above-described data, accounts that are more likely to be used for money laundering and other fraudulent activities.
    Type: Grant
    Filed: March 3, 2003
    Date of Patent: March 17, 2009
    Assignee: Standard Chartered (CT) PLC
    Inventor: Simon Da Silva
  • Method and system for monitoring transactions
    Publication number: 20040177035
    Abstract: A method for monitoring financial accounts to determine the possibility of money laundering and other attempts at fraud includes monitoring the financial accounts owned by a person or entity. Data regarding withdrawals and deposits are extracted from a computer database and analyzed. The analysis includes determining the amount of time between a large deposit and the withdrawal (in one or more transactions) of a large portion of the deposit. A further analysis may include determining the amount of time between a large withdrawal and the time of the earliest deposit, wherein multiple deposits may be combined. Using the above-described data, accounts that are more likely to be used for money laundering and other fraudulent activities.
    Type: Application
    Filed: March 3, 2003
    Publication date: September 9, 2004
    Applicant: American Express Travel Related Services Company, Inc.
    Inventor: Simon Da Silva