Citigroup Patents

Citigroup Inc. provides financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management, to consumers, corporations, governments and institutions.

Citigroup Patents by Type

  • Patent number: 8844810
    Abstract: A computer-implemented method and system for managing transaction card accounts involves enabling a transaction card account by a card issuer for use with pre-defined categories of providers of goods/services and goods/services sold and issuing a transaction card and establishing an associated pre-qualified category card account. Upon receiving data for a transaction with the transaction card at a transaction terminal by a processing platform of the card issuer via a card association processing network, the category of the provider and goods/services is interrogated to determine whether or not the transaction can be posted on the pre-qualified category card account of the cardholder, and the transaction is approved and posted to the pre-qualified category card account if the transaction falls within the pre-qualified category of the cardholder.
    Type: Grant
    Filed: December 22, 2011
    Date of Patent: September 30, 2014
    Assignee: Citicorp Credit Services, Inc.
    Inventor: William Johnson
  • Patent number: 8830291
    Abstract: Embodiments described can more effectively complete complicated service transactions in a more efficient manner by having a team of well-trained professionals who are instantly “streamed” into any location as necessary. A two-way communication system can provide instant or quick access to the right expert at the right point in time, thereby converting what might otherwise be a negative customer experience into a positive sales and service opportunity.
    Type: Grant
    Filed: April 8, 2011
    Date of Patent: September 9, 2014
    Assignee: Citibank, N.A.
    Inventors: Christopher E. Kay, Sam Lising, Tim Kobe
  • Publication number: 20140245419
    Abstract: Methods and systems for accessing customer account information involve, for example, binding a computing device with a customer's profile via one or more attributes of the computing device and an encrypted token stored on the computing device and thereafter receiving an authentication request consisting at least in part of the computing device attributes and the encrypted token stored on the computing device. A determination is made as to whether or not entry of a customer credential was received within a pre-determined preceding interval of time, and predefined customer account information is displayed on the computing device without requiring entry of the customer credential when a determination is made that entry of the customer credential was received within the pre-determined preceding interval of time.
    Type: Application
    Filed: February 28, 2013
    Publication date: August 28, 2014
    Applicant: CITIBANK, N.A.
    Inventor: CITIBANK, N.A.
  • Publication number: 20140229891
    Abstract: Methods and systems for managing a graphical user interface involve, for example, defining, using a processor coupled to memory, a threshold distance between windows on a display screen at which a mutual attraction between the windows is activated to draw the windows together as components of a picture of windows. Also using the processor, all windows of a same functional type that are components of the picture of windows are resized simultaneously without affecting the size of windows of other functional types that are also components of the picture of windows. Likewise using the processor, all windows on the display screen are maintained in an active state regardless of a focus of a user input device.
    Type: Application
    Filed: February 14, 2013
    Publication date: August 14, 2014
    Applicant: CITIBANK, N.A.
    Inventor: Citibank, N.A.
  • Publication number: 20140200909
    Abstract: Methods and systems for electronically managing healthcare expenses and payments involve, for example, receiving information from a health plan processor consisting at least in part of an adjudicated balance owed by a user to a healthcare provider, optionally receiving an adjustment of the adjudicated balance from the healthcare provider, and presenting the adjudicated balance and the optional adjustment, if any, to the user. Thereafter, a payment of the user for the adjudicated balance, as optionally adjusted, may be received, and the user's payment, or information therefor, for the adjudicated balance, as optionally adjusted, may be sent to the healthcare provider.
    Type: Application
    Filed: January 17, 2013
    Publication date: July 17, 2014
    Applicant: Citibank, N.A.
    Inventor: Citibank, N.A.
  • 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: 8782770
    Abstract: Methods and systems for managing security during a divestiture may involve, for example, differentiating divested assets and employees from non-divested assets and employees and identifying non-divested assets which divested employees are permitted to access. In addition, divested employee access to the non-divested assets which divested employees are not permitted to access is locked down, and a separation firewall is deployed between divested networks and non-divested networks.
    Type: Grant
    Filed: December 10, 2013
    Date of Patent: July 15, 2014
    Assignee: Citigroup Technology, Inc.
    Inventor: Bromin Menezes
  • Patent number: 8768809
    Abstract: Methods and systems for managing financial data to measure the liquidity risk for a client involve, for example, implementing, using a computer having a processor coupled to memory, client-defined templates for a cash flow forecasting module. Also using the computer, forecast data for the client may be received via the client-defined templates by the cash flow forecasting module. Likewise using the computer, a real-time predictive aggregated measure of available cash flow for the client by currency by value date is generated by the cash flow forecasting module. In addition, a real time measure of forecast variance is computed by the cash flow forecasting module through pseudo logic matching of the actual cash flows at transaction level against the likely much higher level at which the forecasting process is operating.
    Type: Grant
    Filed: September 5, 2013
    Date of Patent: July 1, 2014
    Assignee: Citibank, N.A.
    Inventors: Duncan Cole, Lucinda Gerhard
  • Patent number: 8768830
    Abstract: Methods and systems described herein can consolidate a plurality of a consumer's payment and non-payment source accounts into a consolidated platform with a customer identification or available proxy account numbers that can be assigned to source accounts. The source accounts can be, for example, credit card accounts, ATM accounts, debit card accounts, demand deposit accounts, stored-value accounts, merchant-loyalty card accounts, membership accounts, and identification card numbers. The consumer can access and modify any of the source accounts and manage funds across the source accounts by accessing the consolidated platform with a single access device or mode.
    Type: Grant
    Filed: September 8, 2011
    Date of Patent: July 1, 2014
    Assignee: Citibank, N.A.
    Inventors: Marty Jorgensen, Michael Moss, Eziah Syed
  • Patent number: 8762237
    Abstract: Providing an account-based product. A communications portal is provided and consumer data is received via the portal. At least one derived characteristic, e.g., qualification, is determined contemporaneously from the consumer data. A product set is presented, via the portal, including at least one product determined at least in part by the derived characteristic. A selection from the product set is received via the portal, and at least one product feature, e.g., balance transfer, of at least one selected product is activated contemporaneous with the product selection.
    Type: Grant
    Filed: June 19, 2003
    Date of Patent: June 24, 2014
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Belen Monasterio, Shari Gooen Diamond, Julie Furr, Mark Temares
  • Patent number: 8756418
    Abstract: A system and method of guaranteeing the presence of secure and tamper-proof remote files over a distributed communication medium, such as the Internet, is provided. The system and method automatically detects, and then self-repairs corrupt, modified or non-existent remote files. The method first performs an integrity check on a remote file and then determines whether the integrity check passed. If the integrity check passed, then the user goes through the authentication process as normal. If the integrity check fails, then the present invention redirects to an install module in order to prepare to reinstall the remote file. Via the install module, the present invention then reinstalls the remote file and the user is then taken through the authentication process as normal.
    Type: Grant
    Filed: December 27, 2012
    Date of Patent: June 17, 2014
    Assignee: Citibank, N.A.
    Inventors: Steve Vlcan, Bikram Singh Bakshi
  • Patent number: 8756676
    Abstract: A system and method whereby an unregistered, anonymous user at an organization's website makes a submission/inquiry and is able to access a secure response containing private information without pre-registering or establishing an account with the organization. A response to the user is made via an unsecured e-mail notification that provides the user with an HTTPS link to an authentication page. The user then enters his/her user identification, for example, the user email address and password which was associated with the original submission/inquiry. Once the email address and password is authenticated, the secure response message is displayed on the user's web browser in SSL. Each response is provided on a per-submission basis.
    Type: Grant
    Filed: October 1, 2010
    Date of Patent: June 17, 2014
    Assignee: Citicorp Development Center, Inc.
    Inventors: Sikun Lan, Yong K. Huang, Kent Frazier, Roy Sykes, Joseph Zusman
  • Patent number: 8746552
    Abstract: Methods, systems, and machines for monitoring card reader activity involve, for example, receiving data regarding a level of activity of a card reader of an access door of a self-service financial transaction terminal vestibule and also receiving data regarding a level of activity of a card reader of at least one self-service financial transaction terminal located within the vestibule. Periodically, the level of activity of the card reader of the access door may be compared with the level of activity of the card reader of the at least one self-service financial transaction terminal, and an alert may be generated when a ratio of the level of activity of the card reader of the access door to the level of activity of the card reader of the at least one self-service financial transaction terminal falls below a predetermined value.
    Type: Grant
    Filed: January 24, 2014
    Date of Patent: June 10, 2014
    Assignee: Citigroup Technology, Inc.
    Inventors: Randal Yokomoto, Ian Kidman
  • Patent number: 8744964
    Abstract: A method and system for managing transaction card accounts involves providing a customer a transaction card account by a financial institution against which the customer can charge predetermined types of transactions during predefined account statement periods and sending a statement of charges against the account to the customer at an end of each account statement period specifying a due date, after which a predefined late fee is assessed on the account if the statement is not paid. However, the late fee is automatically waived on the account within specified products if the customer makes a purchase or secures a cash advance during the account statement period for which the payment is due. Further, a voice response unit of the financial institution gives the customer a first menu option to opt out of a voice response unit scripted call and speak directly to a live representative about the account at any time during the call.
    Type: Grant
    Filed: September 12, 2013
    Date of Patent: June 3, 2014
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Glennon Franklin, Edmond Eger
  • Patent number: 8745394
    Abstract: Methods and systems for secure electronic communication involve, for example, using a processor coupled to memory to receive a request message from a user's communication device processor including a session key encrypted with a public key of a public/private key pair without sending a private key of the public/private key pair to, or storing the private key on, the user's communication device. Using the processor, the request message is decrypted with a private key of the public/private key pair and the session key is retrieved from the decrypted request message. Thereafter, also using the processor, a response message is generated and encrypted with the retrieved session key and sent to the user's communication device processor.
    Type: Grant
    Filed: August 22, 2013
    Date of Patent: June 3, 2014
    Assignee: Citibank, N.A.
    Inventors: Syed Rahat, Wayne Browning
  • Publication number: 20140143152
    Abstract: It is desirable to implement security features that can prevent the unauthorized use of a customer's sensitive account information from an RFID sticker. The methods and systems described herein attempt to resolve the deficiencies with the conventional RFID stickers. In a more secure implementation, a financial institution allows a customer to activate or deactivate the account for use with the RFID sticker by submitting a request to the financial institution using internet banking, mobile banking, SMS texting, or other communications method.
    Type: Application
    Filed: January 8, 2014
    Publication date: May 22, 2014
    Applicant: Citibank, N.A.
    Inventor: Satish Mukunda MENON
  • Patent number: 8725632
    Abstract: The present invention relates to a method for conducting transactions, such as standard banking transactions, using a wireless device, such as a cellular telephone, personal digital assistant, and other web-enabled wireless devices utilizing software downloaded to the wireless device. The software provides a user with interface screens on the display of the wireless device for facilitating information requests to a service provider having access to at least one account of the user.
    Type: Grant
    Filed: June 6, 2006
    Date of Patent: May 13, 2014
    Assignee: Citicorp Development Center, Inc.
    Inventors: Peter Tompkins, Jennifer Vos, Arun Ahuja
  • 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: 20140122568
    Abstract: Methods and systems for managing directory information, such as onboarding a LDAP server, employing a processor coupled to memory and other computer hardware and software components for receiving a request related to one or more applications from a requestor in pre-determined business logic, acknowledging the request by an approver function without requiring the requestor to negotiate, for example, with an LDAP administrator to justify the request, and provisioning the request into the enterprise LDAP server in the pre-determined business logic.
    Type: Application
    Filed: October 30, 2012
    Publication date: May 1, 2014
    Applicant: CITIGROUP TECHNOLOGY, INC.
    Inventor: CITIGROUP TECHNOLOGY, INC.
  • Patent number: 8706692
    Abstract: CIMS can provide users with essential resources; provide a mechanism for instantly creating, modifying, and delivering infrastructure data that used to take hours or days; improve the efficiency of systems interfacing with it while reducing costly infrastructure; ensure audit and regulatory requirements are satisfied by automatically creating and recording a history of all application transactions; eliminate the cost overhead and human error associated with manual, time-consuming work currently performed by many systems administrators on each disparate system; and be transparent to end users, thereby defraying the costs of time off the job normally incurred with retraining CIMS offers the functionality of the disparate applications and consistently interfaces with the underlying infrastructure. As a result, infrastructure providers do not have to communicate directly with a vast array of business applications.
    Type: Grant
    Filed: February 12, 2010
    Date of Patent: April 22, 2014
    Assignee: Citibank, N.A.
    Inventors: Ramit Luthra, Jason A. Lombardo, Tian You Wang, Michael Gresh, David Brusowankin
  • Patent number: 8707388
    Abstract: A system and method for allowing a user to access enterprise resources comprising authentication devices and an authentication server. The authentication devices allow a user to enter authentication data. The authentication server is in communication with the authentication devices. The authentication server comprises a policy database storing a policy. The policy comprises guidelines including a first guideline establishes a qualification necessary for the user to access enterprise resources and a second guideline establishes a qualification necessary for the user to activate a silent signal. The authentication server is adapted to request assistance for the user if the silent signal is activated.
    Type: Grant
    Filed: January 26, 2012
    Date of Patent: April 22, 2014
    Assignee: Citibank, N.A.
    Inventors: Peter Garrett Bianco, William Taylor Boon, Anthony C. Rochon, Marc A. Sherman, Robert Brewster Sterling, Karl Roger Ware
  • Publication number: 20140095251
    Abstract: Methods and systems for optimizing marketing strategy to financial institution customers or prospective customers employ a processor coupled to memory and other computer hardware and software components for receiving customer profile data with a plurality of transaction card issuers other than the financial institution, developing models based at least in part on the customer profile data and at least in part on financial institution customer account and credit data, and generating estimated spend and balance behaviors for at least one financial institution customer with the plurality of transaction card issuers other than the financial institution based at least in part on said models. Based at least in part on the estimated spend and balance behaviors, financial institution marketing initiatives are created.
    Type: Application
    Filed: October 3, 2012
    Publication date: April 3, 2014
    Applicant: Citicorp Credit Services, Inc.
    Inventor: Citicorp Credit Services, Inc.
  • Publication number: 20140089262
    Abstract: Methods and systems for modeling a replication topology involve, for example, representing a plurality of replication components of a replication topology in a first binary matrix using a processor coupled to memory and generating a result matrix based at least in part on the first binary matrix likewise using the processor. Thereafter, also using the processor, replication components of the replication topology may be identified that are either enabled or non-enabled to receive replications from other replication components of the replication topology based at least in part on the result matrix.
    Type: Application
    Filed: September 21, 2012
    Publication date: March 27, 2014
    Applicant: CITIGROUP TECHNOLOGY, INC.
    Inventors: Sandeep Nair, Jerry Speyer, Raj Punuru
  • Publication number: 20140067669
    Abstract: Methods and systems for managing communication streams from multiple sources while utilizing a single short code employ a processor coupled to memory and other computer hardware and software components for establishing at least one conversation session with an outbound message to a recipient and defining a lifespan of the outbound message of the at least one conversation session. At least one reply to a response from the recipient to the outbound message of the at least one conversation session is delivered during the lifespan of the outbound message of the at least one conversation session.
    Type: Application
    Filed: August 31, 2012
    Publication date: March 6, 2014
    Applicant: CITICORP DEVELOPMENT CENTER, INC.
    Inventors: Todd Meeks, Scott Metz, Giri Narayanan, Rajendra Thota, Christina Carter, Saurabh Gaba, Milan Shah, Griselda Palaniswamy, Jit Sen
  • Publication number: 20140046816
    Abstract: Methods and systems for managing cardholder spending on a transaction card account employ a processor coupled to memory and other computer hardware and software components to receive a monthly spending budget for a cardholder, track expenditures of the cardholder in a current month against the monthly spending budget, and adjust the monthly spending budget for a succeeding month when expenditures exceed a credit limit of the cardholder. The adjustment may be made according to an order of a predetermined prioritization of a plurality of budget categories or by a proportional amount in each of the plurality of budget categories in the absence of a predetermined prioritization.
    Type: Application
    Filed: August 8, 2012
    Publication date: February 13, 2014
    Applicant: CITIGROUP CREDIT SERVICES, INC.
    Inventors: Mishez Avari, Andrew Eric Ziesmer
  • Patent number: 8650122
    Abstract: A method and system for automated settlement and on-line debiting of a financial transaction, such as an emergency-cash transaction, is provided. A bank customer enters a foreign-branch bank and indicates a need for emergency cash. The customer is given a telephone by which the customer communicates with an interactive-voice response system in the customer's language. The system bridges the customer with the customer's home bank, which approves the requested emergency cash. A network in communication with the voice response system and with the issuer automatically initiates an on-line debiting of an account of the customer. The network also initiates and carries out settlement between the acquirer and the issuer by way of settlement accounts.
    Type: Grant
    Filed: April 16, 2008
    Date of Patent: February 11, 2014
    Assignee: Citicorp Development Center, Inc.
    Inventors: Ronald Padalino, Nigel Pinnell, Philip C. Shinn, Wigberto Yu
  • Patent number: 8650625
    Abstract: A method and system for securely logging onto a banking system authentication server so that a user credential never appears in the clear during interaction with the system in which a user's credential is DES encrypted, and the DES key is PKI encrypted with the public key of an application server by an encryption applet before being transmitted to the application server. Within the HSM of the application server, the HSM decrypts and re-encrypts the credential under a new DES key known to the authentication server, the re-encrypted credential is forwarded to the authentication server, decrypted with the new DES key known to the authentication server, and verified by the authentication server.
    Type: Grant
    Filed: September 21, 2012
    Date of Patent: February 11, 2014
    Assignee: Citibank Development Center, Inc.
    Inventors: Michael Grandcolas, Marc Guzman, Thomas Yee, Dilip Parekh, Yongqiang Chen
  • Patent number: 8645252
    Abstract: The present invention relates to a method and system for offering mandatorily convertible securities (e.g., DECS) with associated forward purchase contracts and call options. Each mandatorily convertible security combines a forward purchase contract, a mandatory portable remarketable security, and a call option to form a single investment unit. The call option provides additional capital to the issuer of the investment unit and profits to the remarketing agent handling the mandatory portable remarketable security.
    Type: Grant
    Filed: July 10, 2013
    Date of Patent: February 4, 2014
    Assignee: Citigroup Global Markets, Inc.
    Inventors: John Dickey, Adam Dohrenwend, Peter Jurdjevic, Daniel Khouri, Stanley Louie, Vincent Vignale
  • Patent number: 8630952
    Abstract: It is desirable to implement security features that can prevent the unauthorized use of a customer's sensitive account information from an RFID sticker. The methods and systems described herein attempt to resolve the deficiencies with the conventional RFID stickers. In a more secure implementation, a financial institution allows a customer to activate or deactivate the account for use with the RFID sticker by submitting a request to the financial institution using internet banking, mobile banking, SMS texting, or other communications method.
    Type: Grant
    Filed: January 9, 2012
    Date of Patent: January 14, 2014
    Assignee: Citibank, N.A.
    Inventor: Satish Mukunda Menon
  • Patent number: 8622297
    Abstract: An anti-skimming assembly for a card reader device includes, for example, a displacement bar mountable on a front plate of a card reader device proximate a card entry opening formed in the front plate, which displacement bar has first and second legs. The displacement bar is mountable on the front plate with the first leg aligned with an internal read head inside the card entry opening of the card reader device. An infrangible fastener is connectible to the first leg through a first fastener opening formed in the front plate, and a non-conductive frangible or breakable fastener is connectible to the second leg through a second fastener opening formed in the front plate. In addition, first and second electrically conductive leads are carried by the non-conductive frangible fastener electrically connected to one another via an electrically conductive spring and connectible to an alarm circuit.
    Type: Grant
    Filed: May 14, 2012
    Date of Patent: January 7, 2014
    Assignee: Citigroup Technology, Inc.
    Inventors: Randy Yokomoto, Ian Kidman, Nhut Trung Ha, Joseph Butryn
  • Patent number: 8622296
    Abstract: A magnetic stripe card reader assembly and method includes a panel having portions defining a card entry opening of a card entry path provided for receiving a magnetic stripe card with the magnetic stripe disposed perpendicular to the card entry path. A card swipe path in communication with the card entry path is provided for swiping the card with the magnetic stripe disposed parallel to the card swipe path, and a magnetic stripe read head is disposed proximate the card swipe path for reading only a pre-determined segment of the magnetic stripe. The panel is also provided with portions defining a card withdrawal opening of a card withdrawal path in communication with the card swipe path and partly overlapping the card entry opening for withdrawal of the card with the magnetic stripe disposed perpendicular to the card withdrawal path.
    Type: Grant
    Filed: May 14, 2012
    Date of Patent: January 7, 2014
    Assignee: Citigroup Technology, Inc.
    Inventors: Randy Yokomoto, Ian Kidman, Nhut Trung Ha, Joseph Butryn
  • Patent number: 8620805
    Abstract: Methods and systems of processing payments globally over one of a plurality of payment processing paths employ computer hardware and software for receiving a request to access a global payment utility, presenting a plurality of payment options by the global payment utility, and receiving information by the global payment utility consisting at least in part of a source of payment, a payment destination, and a user-designated payment vehicle. Upon receiving the information, one of a plurality of payment processing paths for the payment is selected according to a clearing rules aspect of a rules engine of the global payment utility, and the payment is routed for processing via the selected payment processing path.
    Type: Grant
    Filed: March 27, 2012
    Date of Patent: December 31, 2013
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Darren Davis, Tom Koch, John D. Miller, Eric Philips, Guy B. Sereff, Stacy Tobias, Vasu Vemuri, Rochelle Wesselink, Scott Tanguay, Robert Strub, Caleb Williams, Shamus Weiland
  • Patent number: 8607212
    Abstract: A library of jobs is created, with the jobs performing predetermined functions. The jobs include a termination indication, which is success or failure. Input file formats of known file types are determined and a job stream to process the input files is constructed of the jobs linked according to the termination success or failure of the preceding job.
    Type: Grant
    Filed: July 31, 2009
    Date of Patent: December 10, 2013
    Assignee: Citigroup Global Markets Inc.
    Inventors: Gary A. Hoberman, Lestan D'Souza
  • Publication number: 20130299585
    Abstract: A magnetic stripe card reader assembly and method includes a panel having portions defining a card entry opening of a card entry path provided for receiving a magnetic stripe card with the magnetic stripe disposed perpendicular to the card entry path. A card swipe path in communication with the card entry path is provided for swiping the card with the magnetic stripe disposed parallel to the card swipe path, and a magnetic stripe read head is disposed proximate the card swipe path for reading only a pre-determined segment of the magnetic stripe. The panel is also provided with portions defining a card withdrawal opening of a card withdrawal path in communication with the card swipe path and partly overlapping the card entry opening for withdrawal of the card with the magnetic stripe disposed perpendicular to the card withdrawal path.
    Type: Application
    Filed: May 14, 2012
    Publication date: November 14, 2013
    Applicant: CITIGROUP TECHNOLOGY, INC.
    Inventors: Randy Yokomoto, Ian Kidman, Nhut Trung Ha, Joseph Butryn
  • Publication number: 20130297490
    Abstract: Methods and systems for routing payment transactions electronically for multinational vendors in a transnational business environment in which an integrated payments platform processor is used in receiving payment transactions related to a plurality of different countries by a financial institution for online purchases. Each payment transaction is interrogated, using the integrated payments platform processor, to identify the payment transaction as an internal type of transaction or an external type of transaction and a country to which the payment transaction relates. Internal types of transactions are routed to an internal transaction processing path and external types of transactions to an external processing path, and the financial institution may arrange settlement of each payment transaction likewise using the processor.
    Type: Application
    Filed: May 3, 2012
    Publication date: November 7, 2013
    Applicant: Citigroup Technology, Inc.
    Inventors: Deborah D. McWhinney, Julia C. Pukas, Kevin Tissot, Guy B. Sereff, Cecilia Leung, Julie Monaco, David Strong, Craig Hansen
  • 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
  • Patent number: 8560445
    Abstract: A method and system for managing transaction card accounts involves providing a customer a transaction card account by a financial institution against which the customer can charge predetermined types of transactions during predefined account statement periods and sending a statement of charges against the account to the customer at an end of each account statement period specifying a due date, after which a predefined late fee is assessed on the account if the statement is not paid. However, the late fee is automatically waived on the account within specified products if the customer makes a purchase or secures a cash advance during the account statement period for which the payment is due. Further, a voice response unit of the financial institution gives the customer a first menu option to opt out of a voice response unit scripted call and speak directly to a live representative about the account at any time during the call.
    Type: Grant
    Filed: October 13, 2006
    Date of Patent: October 15, 2013
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Glennon Franklin, Edmond Eger
  • Publication number: 20130268420
    Abstract: Methods and systems for real-time, interactive solutioning and visualization of working capital for an enterprise employ a processor coupled to memory and other computer hardware and software components for storing fixed data consisting at least in part of information regarding financial institution products and information regarding governmental regulations; storing variable data consisting at least in part of information regarding operations of the enterprise; receiving variable data interactively consisting at least in part of information regarding enterprise preferences; and generating at least one recommendation for a proposed structure for the enterprise based at least in part on the fixed data and the variable data.
    Type: Application
    Filed: April 5, 2013
    Publication date: October 10, 2013
    Applicant: Citigroup Technology, Inc.
    Inventors: Shi Wei Ong, E May Neoh, Stephen Chan, Keng Mun Lee, Kwan Hoon Park, Andrew Kehoe, Alfonso Martin, Anthony Nappi, Geraldine Yip, Dianne Challenor, Sudeep Yadav, Gourang Shah, Philippe Jaccard, Jason Batman, Mike David, Danielle Johnson, Peter Williams, Elizabeth Towler, Gary Greenwald, Yogesh Ajinkya, Sabiha Kazi
  • Patent number: 8554672
    Abstract: A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.
    Type: Grant
    Filed: December 27, 2012
    Date of Patent: October 8, 2013
    Assignee: Citicorp Development Center, Inc.
    Inventors: Carol J. Rizzo, Phoebe Rin-Rin Hsu, Michael L. Sears
  • Publication number: 20130262292
    Abstract: Methods and systems of processing payments globally over one of a plurality of payment processing paths employ computer hardware and software for receiving a request to access a global payment utility, presenting a plurality of payment options by the global payment utility, and receiving information by the global payment utility consisting at least in part of a source of payment, a payment destination, and a user-designated payment vehicle. Upon receiving the information, one of a plurality of payment processing paths for the payment is selected according to a clearing rules aspect of a rules engine of the global payment utility, and the payment is routed for processing via the selected payment processing path.
    Type: Application
    Filed: March 27, 2012
    Publication date: October 3, 2013
    Applicant: Citigroup Credit Services, Inc.
    Inventors: Darren Davis, Tom Koch, John D. Miller, Eric Philips, Guy B. Sereff, Stacy Tobias, Vasu Vemuri, Rochelle Wesselink, Scott Tanguay, Robert Strub, Caleb Williams, Shamus Weiland
  • Patent number: 8548909
    Abstract: A method and system for building an Internet portal provides a portal toolkit platform consisting at least in part of a portal application server and a web server associated with the portal toolkit platform that is accessible by at least one end user. A business is allowed to access the portal application server and fill one or more content management templates from a selection of content management templates governing content elements to be presented to end users via the website server. When an end user accesses the website server, content governed by the template is presented for the end user by the portal application server via the web server. The business can populate a database with content and populate the web server, for example, with a set of images, HTML files, and other assets such as PDF files and build an Internet portal on top of the toolkit as an approach to integrating transaction systems.
    Type: Grant
    Filed: December 31, 2002
    Date of Patent: October 1, 2013
    Assignee: Citicorp Development Center, Inc.
    Inventors: Harvey Snow, Patrick Law
  • Patent number: 8548929
    Abstract: A method and system for managing employment candidate data utilizes a pre-screen application to enable pre-screening of employment candidates who log on to a website and are prompted to enter additional information and schedule pre-employment tests via the website. The method and system for managing employment candidate data also uses a tracking and testing application to handle screening of candidates' paper-based applications, administration of interviews, hiring pool management, job offer support, and scheduling of training, and is integrated with an applicant tracking system. A resume tracking application of the method and system for managing employment candidate data automatically identifies and merges duplicate resume information to create a single unique resume in the tracking system.
    Type: Grant
    Filed: June 10, 2003
    Date of Patent: October 1, 2013
    Assignee: Citicorp Credit Services, Inc.
    Inventors: Gregory Goodwin, Andrew L. Anderson, Stefan Zander, Narciso Tauler, William J. Brannen, Candice B. Morris
  • Publication number: 20130254000
    Abstract: Methods and systems for generating customer incentive awards involve receiving, using a processor coupled to memory, information regarding a balance of a deposit account, such as a savings account, of at least one customer for determination of an award amount related to a loan account of the customer. Using the processor, the award amount may be computed based on at least in part on the balance of the deposit account and at least in part on an interest rate of the loan account of the customer. Thereafter, likewise using the processor, the award amount may be applied to an account designated by the customer, such as a mortgage loan account of the customer.
    Type: Application
    Filed: May 14, 2013
    Publication date: September 26, 2013
    Applicant: Citibank, N.A.
    Inventors: Eric William Bloomquist, Brian Dennis Brown
  • Patent number: 8543506
    Abstract: A delivery system and method allow a financial institution to provide financial services to a plurality of remote devices. The system is comprised of a set of re-usable global components which are modular and are organized into services sets. The system and method operate in sessions and, for instance, employ a dialog component for gathering information from a customer, a rule broker component for providing answers to the various legal and regulatory rules in a particular country, a language man component for selecting appropriate language, a transaction executor component for performing transactions, and a presentation manager component for formatting outputs to the customer. The system and method provide state-of-the art interfaces that can be configured and delivered to the customer in a globally consistent format that is based on the customer's account profile, various languages, various currencies, different legal regulatory requirements, as well as, different sets of business products.
    Type: Grant
    Filed: November 17, 2011
    Date of Patent: September 24, 2013
    Assignee: Citibank Development Center, Inc.
    Inventors: Michael L. Grandcolas, Nancy Bryant, Howard A. Schechtman, Dilip J. Parekh
  • Patent number: 8543982
    Abstract: A financial institution can provide financial services to a plurality of remote devices, such as personal computers, personal data assistants, screen phones, automatic teller machines, external service providers, and internally to staff terminals and individual branches. By separating the components of the system into independent components, the system and method can be developed and tested on a component level rather than the entire system level, thereby reducing the development and maintenance cycle time. The system and method operate in sessions and can employ a dialog component for gathering information from a customer, a rule broker component for providing answers to the various legal and regulatory rules in a particular country, a language man component for selecting appropriate language, a transaction executor component for performing transactions, and a presentation manager component for formatting outputs to the customer.
    Type: Grant
    Filed: June 22, 2007
    Date of Patent: September 24, 2013
    Assignee: Citicorp Development Center, Inc.
    Inventors: James Zeanah, Charles Abbott, Nik Boyd, Albert Cohen, James Cook, Michael Grandcolas, Sikun Lan, Bonnie Lindsley, Grigor Markarian, Leslie Moss
  • Publication number: 20130238497
    Abstract: Methods and systems for performing a pre-staged financial transaction using a computing device involve, for example, receiving, using a self-service transaction terminal processor, pre-staged transaction data in a session at the self-service financial transaction terminal, which pre-staged transaction data was entered on a mobile computing device at a time preceding a time of the session. Thereafter, using the self-service transaction terminal processor, a transaction is executed, based at least in part on the pre-staged transaction data.
    Type: Application
    Filed: March 8, 2012
    Publication date: September 12, 2013
    Applicant: Citicorp Development Center, Inc.
    Inventors: Renjith Ramachandran, Erwin Catindig, Naeem Rana, Lakshmi Maddala Ragavendra Swamy, Jason Orn
  • 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
  • Publication number: 20130232032
    Abstract: Methods and systems for performing mobile collections utilize computer hardware and software for receiving delivery information including, for example, an agent identifier, a delivery identifier and details of a scheduled delivery, and a buyer identifier. Upon receiving the delivery identifier and a submit request from a communication device of the agent, an authorization request is sent to a communication device of the buyer. On receiving the buyer identifier and an authorization response from the communication device of buyer, a settlement request for the delivery is sent to a banking network. Thereafter, payment for the delivery is received in an account of the supplier.
    Type: Application
    Filed: March 1, 2012
    Publication date: September 5, 2013
    Applicant: Citibank Europe plc
    Inventors: Preeti Chaturvedi, David Fleming, Michael Knorr, Tomasz Smilowicz, Thomas Ko, Gerard Doyle
  • Publication number: 20130218698
    Abstract: The present invention relates particularly to a method and system for consolidating a plurality of a consumer's payment and non-payment source accounts into a consolidated platform with a customer identification or available proxy account numbers that can be assigned to source accounts. The source accounts can be, for example, credit card accounts, ATM accounts, debit card accounts, demand deposit accounts, stored-value accounts, merchant-loyalty card accounts, membership accounts, and identification card numbers. The consumer can access and modify any of the source accounts and manage funds across the source accounts by accessing the consolidated platform with a single access device or mode.
    Type: Application
    Filed: March 27, 2013
    Publication date: August 22, 2013
    Applicant: Citicorp Credit Services Incorporated
    Inventor: Citicorp Credit Services Incorporated
  • Patent number: 8504453
    Abstract: The present invention relates to a method and system for offering mandatorily convertible securities (e.g., DECS) with associated forward purchase contracts and call options. Each mandatorily convertible security combines a forward purchase contract, a mandatory portable remarketable security, and a call option to form a single investment unit. The call option provides additional capital to the issuer of the investment unit and profits to the remarketing agent handling the mandatory portable remarketable security.
    Type: Grant
    Filed: January 22, 2009
    Date of Patent: August 6, 2013
    Assignee: Citigroup Global Markets Inc.
    Inventors: John Dickey, Adam Dohrenwend, Peter Jurdjevic, Daniel Khouri, Stanley Louie, Vincent Vignale