Patents by Inventor Steinn JONSSON

Steinn JONSSON 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).

  • Short-term authorized pass
    Patent number: 11928676
    Abstract: A short-term authorized pass is disclosed. The method receives a request for a short-term authorized pass to be generated from a credit account of a first party and provided to a second party, the request includes an amount allocated to the short-term authorized pass. A sub-account is generated from the credit account by allocating a part of the credit account to form the sub-account. The credit limit on the sub-account is set to the amount identified by the first party, a virtual account number (VAN) is assigned to the sub-account, and the VAN of the sub-account is linked to the credit account. The short-term authorized pass is generated, using the VAN of the sub-account, and is provided to the second party. However, no funds are taken from the credit account of the first party until the short-term authorized pass is used.
    Type: Grant
    Filed: December 17, 2019
    Date of Patent: March 12, 2024
    Assignee: BREAD FINANCIAL PAYMENTS, INC.
    Inventors: Suman Rao Jangama, Steinn Jonsson, Jess Lawrence, Gabriel Rostorfer, Bipin Sadhwani, Vinayak Swaminathan, Manoj Ram Tammina
  • SHORT-TERM CERTIFICATE
    Publication number: 20200193413
    Abstract: A short-term certificate is disclosed. The method receives a request for a short-term certificate to be generated from a credit account of a first party and provided to a second party, the request includes an amount allocated to the short-term certificate and an identifier for the second party. A part of the credit account is allocated to cover the value of the short-term certificate. The short-term certificate is generated and provided to the second party. However, no funds are taken from the credit account of the first party until the short-term certificate is redeemed.
    Type: Application
    Filed: December 17, 2019
    Publication date: June 18, 2020
    Applicant: Comenity LLC
    Inventors: Suman Rao JANGAMA, Steinn JONSSON, Jess LAWRENCE, Gabriel ROSTORFER, Bipin SADHWANI, Vinayak SWAMINATHAN, Manoj Ram TAMMINA
  • SHORT-TERM AUTHORIZED PASS
    Publication number: 20200193423
    Abstract: A short-term authorized pass is disclosed. The method receives a request for a short-term authorized pass to be generated from a credit account of a first party and provided to a second party, the request includes an amount allocated to the short-term authorized pass. A sub-account is generated from the credit account by allocating a part of the credit account to form the sub-account. The credit limit on the sub-account is set to the amount identified by the first party, a virtual account number (VAN) is assigned to the sub-account, and the VAN of the sub-account is linked to the credit account. The short-term authorized pass is generated, using the VAN of the sub-account, and is provided to the second party. However, no funds are taken from the credit account of the first party until the short-term authorized pass is used.
    Type: Application
    Filed: December 17, 2019
    Publication date: June 18, 2020
    Applicant: Comenity LLC
    Inventors: Suman Rao JANGAMA, Steinn JONSSON, Jess LAWRENCE, Gabriel ROSTORFER, Bipin SADHWANI, Vinayak SWAMINATHAN, Manoj Ram TAMMINA