Patents Assigned to Signature Systems, LLC
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Publication number: 20140067510Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of independent reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from the reward servers and credits the accumulated rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.Type: ApplicationFiled: October 28, 2013Publication date: March 6, 2014Applicant: Signature Systems LLCInventor: Richard Postrel
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Publication number: 20140052525Abstract: An online reward exchange system and method of operation, which includes an exchange computer that interoperates via a computer network with user computers, reward point issuer computers, and merchant computers. The merchants' products may be purchased by a user by requesting an issuer(s) to redeem reward points in exchange for payment to the merchant for the product. The exchange computer is the gateway to the system and manages various transactions such as providing online product catalogs to users that list the merchants products, as well as displaying to the user the reward points he has available in his reward programs with the issuers. Once a user selects a desired product the exchange computer can mediate or manage the purchase transaction in which reward points are redeemed by the selected issuer and consideration is conveyed to the merchant in exchange for the merchant providing the product to the user.Type: ApplicationFiled: July 19, 2013Publication date: February 20, 2014Applicant: SIGNATURE SYSTEMS LLCInventor: Richard Postrel
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Publication number: 20140052628Abstract: A portable hand-held multi-function device, such as a smart card or other peripheral device, and method of using same for purchase transactions. The device has processing circuitry, program storage, data memory, and a user input device. A plurality of transaction applications are stored in the data memory. The processing circuitry is programmed via instructions in the program storage to use, as a result of a user selection received via the user input device, one of the plurality of transaction applications for making payment for a purchase from a merchant in a purchase transaction.Type: ApplicationFiled: October 18, 2013Publication date: February 20, 2014Applicant: SIGNATURE SYSTEMS LLCInventor: Richard Postrel
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Patent number: 8655779Abstract: A user selects a product to be liquidated from a product provider and then designates to the transacting entity that reward points are to be used towards the purchase of the liquidated product. The transacting entity acts to decrease the number of reward points in the user's reward account by the required number of points. The reward account holder conveys consideration to the transacting entity equivalent to the par value of the reward points consumer obtains the product in exchange for reward points having a retail value equivalent to what he would have otherwise paid for the product, while the reward account holder is required to convey only the par value of the points. The product provider is able to liquidate the product and obtain payment equivalent to what it would otherwise have obtained in a prior art liquidation process, auction or trading environment.Type: GrantFiled: January 22, 2013Date of Patent: February 18, 2014Assignee: Signature Systems, LLC.Inventor: Richard Postrel
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Publication number: 20140046738Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card.Type: ApplicationFiled: May 20, 2013Publication date: February 13, 2014Applicant: SIGNATURE SYSTEMS LLCInventor: Richard Postrel
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Publication number: 20130346179Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of independent reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from the reward servers and credits the accumulated points rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.Type: ApplicationFiled: March 4, 2013Publication date: December 26, 2013Applicant: SIGNATURE SYSTEMS LLCInventor: SIGNATURE SYSTEMS LLC
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Patent number: 8615428Abstract: An online reward exchange system and method of operation, which includes an exchange computer that interoperates via a computer network with user computers, reward point issuer computers, and merchant computers. The merchants' products may be purchased by a user by requesting via a user computer, merchant's point of sale device, or mobile device an issuer(s) to redeem reward points in exchange for payment to the merchant for the product. The exchange computer is the gateway to the system and manages various transactions such as providing online product catalogs to users that list the merchants products, as well as displaying to the user the reward points he has available in his reward programs with the issuers. Once a user selects a desired product the exchange computer can mediate or manage the purchase transaction in which reward points are redeemed by the selected issuer and consideration is conveyed to the merchant in exchange for the merchant providing the product to the user.Type: GrantFiled: February 10, 2010Date of Patent: December 24, 2013Assignee: Signature Systems, LLC.Inventor: Richard Postrel
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Patent number: 8612290Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of independent reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from the reward servers and credits the accumulated points rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.Type: GrantFiled: May 23, 2013Date of Patent: December 17, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Patent number: 8600807Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of independent reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from the reward servers and credits the accumulated points rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.Type: GrantFiled: March 4, 2013Date of Patent: December 3, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Patent number: 8583506Abstract: A system and method for implementation of product searches via a search engine over a networked computer system such as the Internet. In particular, a user may execute a search for product offers that are accompanied with reward components (e.g. reward points, rebates, coupons, etc.) and/or those that allow payment in whole or in part with payment components (e.g. reward points, rebates, coupons, etc.).Type: GrantFiled: October 20, 2011Date of Patent: November 12, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Publication number: 20130282474Abstract: A method of providing rewards to a user by storing, in a portable computing device, user profile data which may be accessed by a merchant terminal. A merchant terminal interacts with the portable computing device by accessing the user profile data from the portable computing device, and providing the user with a reward in accordance with the user profile data accessed by the merchant terminal, wherein the merchant terminal provides a relatively greater reward to the user when relatively more user profile data is accessed by the merchant terminal and a relatively lesser reward to the user when relatively less data is accessed by the merchant terminal.Type: ApplicationFiled: February 14, 2013Publication date: October 24, 2013Applicant: SIGNATURE SYSTEMS LLCInventor: SIGNATURE SYSTEMS LLC
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Publication number: 20130246154Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of independent reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from the reward servers and credits the accumulated points rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.Type: ApplicationFiled: April 2, 2013Publication date: September 19, 2013Applicant: Signature Systems LLCInventor: Richard Postrel
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Patent number: 8533037Abstract: An item may be purchased using a combination of rewards and monetary consideration, wherein a maximum allowable reward payment portion (or correspondingly a minimum monetary consideration amount) is established by the merchant, the reward issuer, or an online reward exchange operator. The user may select, using for example a user interface slider control, the desired number of rewards to redeem (up to the maximum allowable amount) and the corresponding monetary consideration portion is displayed. The transaction may then be executed wherein the selected rewards are redeemed and the balance is paid for with the corresponding monetary consideration.Type: GrantFiled: November 9, 2010Date of Patent: September 10, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Publication number: 20130231995Abstract: A user selects a product to be liquidated from a product provider and then designates to the transacting entity that reward points are to be used towards the purchase of the liquidated product. The transacting entity acts to decrease the number of reward points in the user's reward account by the required number of points. The reward account holder conveys consideration to the transacting entity equivalent to the par value of the reward points consumer obtains the product in exchange for reward points having a retail value equivalent to what he would have otherwise paid for the product, while the reward account holder is required to convey only the par value of the points. The product provider is able to liquidate the product and obtain payment equivalent to what it would otherwise have obtained in a prior art liquidation process, auction or trading environment.Type: ApplicationFiled: January 22, 2013Publication date: September 5, 2013Applicant: SIGNATURE SYSTEMS LLCInventor: Richard Postrel
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Patent number: 8515808Abstract: An online reward exchange system and method of operation, which includes an exchange computer that interoperates via a computer network with user computers, reward point issuer computers, and merchant computers. The merchants' products may be purchased by a user by requesting an issuer(s) to redeem reward points in exchange for payment to the merchant for the product. The exchange computer is the gateway to the system and manages various transactions such as providing online product catalogs to users that list the merchants products, as well as displaying to the user the reward points he has available in his reward programs with the issuers. Once a user selects a desired product the exchange computer can mediate or manage the purchase transaction in which reward points are redeemed by the selected issuer and consideration is conveyed to the merchant in exchange for the merchant providing the product to the user.Type: GrantFiled: June 6, 2012Date of Patent: August 20, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Patent number: 8510158Abstract: An online reward exchange system and method of operation, which includes an exchange computer that interoperates via a computer network with user computers, reward point issuer computers, and merchant computers. The merchants' products may be purchased by a user by requesting an issuer(s) to redeem reward points in exchange for payment to the merchant for the product. The exchange computer is the gateway to the system and manages various transactions such as providing online product catalogs to users that list the merchants products, as well as displaying to the user the reward points he has available in his reward programs with the issuers. Once a user selects a desired product the exchange computer can mediate or manage the purchase transaction in which reward points are redeemed by the selected issuer and consideration is conveyed to the merchant in exchange for the merchant providing the product to the user.Type: GrantFiled: June 8, 2012Date of Patent: August 13, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Patent number: 8510159Abstract: An online reward exchange system and method of operation, which includes an exchange computer that interoperates via a computer network with user computers, reward point issuer computers, and merchant computers. The merchants' products may be purchased by a user by requesting an issuer(s) to redeem reward points in exchange for payment to the merchant for the product. The exchange computer is the gateway to the system and manages various transactions such as providing online product catalogs to users that list the merchants products, as well as displaying to the user the reward points he has available in his reward programs with the issuers. Once a user selects a desired product the exchange computer can mediate or manage the purchase transaction in which reward points are redeemed by the selected issuer and consideration is conveyed to the merchant in exchange for the merchant providing the product to the user.Type: GrantFiled: June 13, 2012Date of Patent: August 13, 2013Assignee: Signature Systems LLCInventor: Richard Postrel
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Patent number: 8498897Abstract: A broadcast signal having reward and broadcast (programming and/or advertising) content is broadcast, and viewers provide reward responses in response to queries in the broadcast content. Viewers also provide consumer data associated with the reward response provided. Rewards may then be awarded based on the accuracy of the reward response as well as the utilization of the associated consumer data provided.Type: GrantFiled: January 27, 2012Date of Patent: July 30, 2013Assignee: Signature Systems LLCInventor: Postrel Richard
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Publication number: 20130191202Abstract: An online reward exchange system, including an exchange computer that interoperates with user computers, reward point issuer computers, and merchant computers. The merchants' products may be purchased by a user by requesting via a user computer, merchant's point of sale device, or mobile device an issuer(s) to redeem reward points in exchange for payment to the merchant for the product. The exchange computer manages various transactions such as providing online product catalogs to users that list the merchants products, as well as displaying to the user the reward points he has available in his reward programs with the issuers. Once a user selects a desired product the exchange computer can mediate or manage the purchase transaction in which reward points are redeemed by the selected issuer and consideration is conveyed to the merchant in exchange for the product.Type: ApplicationFiled: January 31, 2013Publication date: July 25, 2013Applicant: SIGNATURE SYSTEMS LLCInventor: SIGNATURE SYSTEMS LLC
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Patent number: 8478638Abstract: A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card.Type: GrantFiled: July 6, 2012Date of Patent: July 2, 2013Assignee: Signature Systems, LLC.Inventor: Richard Postrel