Patents Examined by Abhishek Vyas
  • Patent number: 12008583
    Abstract: An embodiment of the present invention is directed to developing Autonomous Fraud Risk Management to identify emerging fraud trends in near real-time and mitigate risk by executing strategies to address fraud in a timely manner.
    Type: Grant
    Filed: April 16, 2021
    Date of Patent: June 11, 2024
    Assignee: JPMORGAN CHASE BANK, N.A.
    Inventors: Amol Palekar, Melissa M. Dietz, Timothy W. Krugh, Shankar Ramachandran, Zhenyi Liu, Mithila V. Agnihotri, Shravan Kumar Parunandula, Yasaswi Divakaruni, Navdha Bhatia
  • Patent number: 11989722
    Abstract: Aspects of the disclosure relate to event processing. A computing platform may prefetch, prior to receipt of a purchase request, a plurality of pay to addresses (associated with an omnibus account, used to route funds from the omnibus account to a merchant account, and not associated with a particular merchant account when prefetched). The computing platform may receive, from a client, a request to make a purchase from a merchant, and may associate the client and the merchant with one of the prefetched pay to addresses/notify the client of the prefetched pay to address. The computing platform may monitor the prefetched pay to address for receipt of a predefined amount of cryptocurrency associated with the purchase. Upon detecting receipt of the predefined amount of cryptocurrency, the computing platform may transfer funds corresponding to the purchase from the omnibus account to an account for the merchant.
    Type: Grant
    Filed: October 15, 2021
    Date of Patent: May 21, 2024
    Assignee: Coinbase, Inc.
    Inventors: Dustin Kinsey, Jason Li, Jim Cai
  • Patent number: 11983780
    Abstract: Disclosed is system that determines tax liability of entity. The system comprises server arrangement and database arrangement coupled in communication with server arrangement.
    Type: Grant
    Filed: August 6, 2019
    Date of Patent: May 14, 2024
    Assignee: EY GMBH & CO. KG WIRTSCHAFTSP ÜFUNGSGESELL SCHAFT
    Inventors: Reinhard Dalz, Nikola Bubalo
  • Patent number: 11978056
    Abstract: Systems and methods are disclosed for managing a plurality of supplemental payment sources of a user. One method includes: receiving a primary payment source account of a user for a purchase transaction originating at the merchant, the primary payment source account having an identifier associated with one or more supplemental payment source accounts; receiving supplemental payment source accounts of a user for applying to a payment transaction originating at the merchant; receiving, from a user device, preference settings to apply one or more of the supplemental payment source accounts to a payment transaction; receiving a transaction authorization request from the merchant or merchant acquirer for a transaction amount; and determining a combination of payment source accounts to use in the payment transaction, from a group comprising one or more supplemental payment source accounts and the primary payment source account, and any of one or more preference settings.
    Type: Grant
    Filed: March 9, 2021
    Date of Patent: May 7, 2024
    Assignee: Worldpay, LLC
    Inventors: Erik Baar, Richard Hill
  • Patent number: 11966887
    Abstract: The disclosure describes embodiments of systems, methods, and non-transitory computer readable storage media that enable network transactions between user accounts belonging to different network transaction platforms and unify user account modifications across user accounts on different network transaction platforms. For instance, the disclosed systems can cause two or more network transaction platforms to transmit and/or receive transactional values from one or more intermediary holding accounts upon receiving network transaction requests between user accounts belonging to the two or more network transaction platforms. In addition, the disclosed system can unify user account data on different network transaction platforms by modifying or updating the user account data (e.g., user attributes) by propagating schematized data messages to the one or more other network transaction platforms with instructions to modify or update the user attributes on other user accounts related to the user account.
    Type: Grant
    Filed: October 27, 2022
    Date of Patent: April 23, 2024
    Assignee: Chime Financial, Inc.
    Inventors: Richard Vorp, Geetha Premraj, Michael Ducker, Priyanka Seth, Praveen Jain, Fletcher Fowler
  • Patent number: 11961084
    Abstract: Machine learning models for fraud detection. The method includes receiving a schedule of weights, the schedule comprising a plurality of entries, each entry comprising a transaction value weight, a transaction volume weight, and a range of intervention rates; testing the at least one machine learning model using a holdout data set, resulting in a ranked transactions data set; and evaluating the performance of the at least one machine learning model by computing the weighted harmonic mean of the ranked transactions data set using the schedule of weights.
    Type: Grant
    Filed: November 22, 2021
    Date of Patent: April 16, 2024
    Assignee: RSA Security LLC
    Inventors: Adam Lauz, Anna Belogolovski
  • Patent number: 11948011
    Abstract: Provided are systems and methods for auto-performing short-term investments on an intermittent basis via a crypto-network and returning the principal and any interest before the account holder needs the money back. For example, a method may include executing a machine learning model on ingested data records to identify a temporary value that is idle in an account and a period of time that the temporary value is idle, displaying the determined temporary value, the period of time, and one or more recommendations of one or more blockchain networks, receiving authorization and a selection of a blockchain network from a user interface, installing a pre-programmed blockchain wallet on a blockchain ledger of the selected blockchain network, and triggering a transfer of funds from the account of the user to the pre-programmed blockchain wallet via a crypto-exchange server which converts the funds to cryptocurrency prior to the transfer.
    Type: Grant
    Filed: January 25, 2023
    Date of Patent: April 2, 2024
    Assignee: POPLAR TECHNOLOGIES INC.
    Inventor: Lior Weinstein
  • Patent number: 11948012
    Abstract: Provided are systems and methods for auto-performing short-term investments on an intermittent basis via a crypto-network and returning the principal and interest before the cash is needed. As an example, the method may include installing a blockchain smart contract on a blockchain ledger with read access to content stored on the blockchain ledger, establishing a communication channel between a monitoring engine and the blockchain smart contract, configuring the monitoring engine to identify stop conditions from content stored on the blockchain ledger, monitoring the blockchain ledger for updates to content stored on the blockchain ledger via the communication channel and detecting a stop condition based on an update to the blockchain ledger via the monitoring engine, and in response the detected stop condition, transmitting a request to the crypto-exchange server to return the funds to the external data source.
    Type: Grant
    Filed: January 25, 2023
    Date of Patent: April 2, 2024
    Assignee: POPLAR TECHNOLOGIES INC.
    Inventor: Lior Weinstein
  • Patent number: 11948207
    Abstract: A method for automatically recommending to a user of a software application one or more categories of a plurality of different categories of tax deductible expenses includes providing input data to a trained machine learning model and receiving output from the trained machine learning model based on the input data. The output includes a recommendation for the user that includes (i) one or more categories of the plurality of different categories of tax deductible expenses; and (ii) a plurality of examples of tax deductible expenses for each of the one or more categories. The method includes receiving feedback from the user on the recommendation and generating updated training data for the trained machine learning model based on the feedback.
    Type: Grant
    Filed: July 31, 2023
    Date of Patent: April 2, 2024
    Assignee: Intuit, Inc.
    Inventors: Shankar Sankararaman, Lan Jin, Shivani Gowrishankr, Jaspreet Singh
  • Patent number: 11941576
    Abstract: The present invention relates to a system and method for providing restitution to a beneficiary when a package shipped by an originating shipper to a destination address, by way of a designated package transport carrier, is left unattended and damaged due to improper storage or exposure to inclement weather at the destination address prior to the package recipient taking receipt of the package. In an exemplary embodiment, a beneficiary is compensated, in accordance with a package repayment plan, when at least: a missing or damaged package report was created by the designated package transport carrier, the report indicates the package was delivered to the destination address during the plan enforcement period, and the originating shipper and the designated package transport carrier declined to provide a suitable remedy. Other embodiments include authorizing coverage for an address and package value, charging a transaction fee for authorizing coverage, and identifying fraud.
    Type: Grant
    Filed: February 2, 2021
    Date of Patent: March 26, 2024
    Inventor: Cary C Pappas
  • Patent number: 11935121
    Abstract: An unpriced order auction and related market center and process are disclosed which allow posting market centers (e.g., exchanges) to schedule an auction that includes unpriced (Market) orders only. Such unpriced order auction executes at the midpoint of the NBBO, ensuring that the cross reflects the best prices in the entire marketplace, while discouraging the manipulation of the auction price on the posting market center. The disclosed auction also executes concurrently, but separately from the regular continuous matching process.
    Type: Grant
    Filed: February 8, 2023
    Date of Patent: March 19, 2024
    Assignee: NYSE Group, Inc.
    Inventors: Paul D. Adcock, Michael A. Cormack, Thomas F. Haller, Robert A. Hill
  • Patent number: 11935038
    Abstract: Methods, systems, and apparatuses are described herein for the direct sharing and use of transaction data separately from transaction authorization processes. Transaction metadata associated with a transaction may be received and validated. Authorization information corresponding to the transaction may be received. The degree to which the transaction metadata is tested may be based on a predicted time of receipt of the authorization information. The transaction metadata and authorization information may be correlated. A computing device may determine whether to authorize the financial transaction based on the authorization information and the correlated transaction metadata. All or portions of the transaction metadata may be provided to one or more users after the transaction has been authorized or denied.
    Type: Grant
    Filed: November 8, 2021
    Date of Patent: March 19, 2024
    Assignee: Capital One Services, LLC
    Inventors: Wesley Perkins, Venkata Satya Sriram Kalyan Namuduri, David Ross, Andrew Coulson, Hunter Roberts
  • Patent number: 11922424
    Abstract: A computer-implemented method includes: receiving an inquiry request message identifying a first payment transaction having a plurality of transaction parameters and a risk score, where the risk score is generated by a machine-learning model based on the plurality of transaction parameters; for each transaction parameter of the plurality of transaction parameters, perturbing a value of the transaction parameter and re-analyzing the first payment transaction with the machine-learning model to generate a perturbed risk score based on the perturbed transaction parameter; determining at least one impact parameter from the plurality of transaction parameters by comparing the perturbed risk scores generated for each of the plurality of transaction parameters; and generating an inquiry response message based on the at least one impact parameter.
    Type: Grant
    Filed: July 19, 2022
    Date of Patent: March 5, 2024
    Assignee: Visa International Service Association
    Inventors: Shi Cao, Chiranjeet Chetia, Xi Kan, Dan Wang
  • Patent number: 11922515
    Abstract: Platform-agnostic digital assistant methods and apparatuses are provided. The apparatuses and methods include a processor configured by a memory to receive user data from a storage containing informational contents. The processor is configured to establish a communication channel with an entity and utilize the communication channel to receive first information related to a user. The processor is configured to extract at least one user datum from the first information and modify the informational contents of the storage based on at least one of the user datum and the first information. The processor is further configured to initiate an action related to the user based on at least one of the first information, the user datum, and the informational contents.
    Type: Grant
    Filed: April 28, 2023
    Date of Patent: March 5, 2024
    Assignee: Peppercorn AI Technology Limited
    Inventors: Nigel Lombard, Paul Cassidy, Atul Thakor, Robert Rushton, Ian Law, Christopher Hill, Jonathan Byford, Jonathan Wilshire, Andrew Snuggs
  • Patent number: 11915245
    Abstract: Systems and methods of reconfiguring machine learning models are disclosed. A method includes receiving, by a server computer, external data and determining, by the server computer, a machine learning model from a plurality of machine learning models, based on the external data. The plurality of machine learning models are in standby mode. The server computer configures an AI engine with the machine learning model. The method also includes receiving, by the server computer, a prediction request from a client computer, processing the prediction request with the AI engine to form a prediction response, and sending the prediction response to the client computer.
    Type: Grant
    Filed: August 31, 2021
    Date of Patent: February 27, 2024
    Assignee: Visa International Service Association
    Inventors: Fangfang Fu, Ajay Raman Rayapati, Yu Gu
  • Patent number: 11887195
    Abstract: A system comprising a plurality of mobile devices, an insurance policy database, and a server is disclosed. The server may be configured to receive barometric data from one or more sensors in each of the plurality of mobile devices, identify that the barometric data indicates an occurrence of at least one catastrophic event, identify a geographic region affected by the at least one catastrophic event, access the insurance policy database to determine a number of insurance policies in the geographic region, estimate a number of catastrophe resources needed to handle the number of insurance policies in the geographic region, and assign at least one of the catastrophe resources to each of the insurance policies in the geographic region.
    Type: Grant
    Filed: January 4, 2021
    Date of Patent: January 30, 2024
    Assignee: Allstate Insurance Company
    Inventors: Brandon F. Mendoza, David J. Krug, Bryan Keith Corder
  • Patent number: 11875354
    Abstract: A system includes collecting serial numbers over a period of time, and constructing a matrix indicating which digits have been used at which positions. For a second period of time, the system collects a second group of serial numbers and, for each of these serial numbers, identifies a feature of the serial number by comparing it against the matrix, and automatically updates the matrix with the digits and digit positions of the serial number. The features are received into an artificial intelligence model as training data. Further, the system collects a third group of serial numbers and, for each serial number of the third group, identifies a feature of the serial number by comparing it against the matrix. These features are then received into the artificial intelligence model, which determines a risk score. The matrix is then updated with the digits and digit positions of the serial number.
    Type: Grant
    Filed: December 14, 2021
    Date of Patent: January 16, 2024
    Assignee: ACTIMIZE LTD.
    Inventor: Uma Shankar Kulasekaran
  • Patent number: 11861703
    Abstract: The disclosed embodiments relate to systems and methods for matching orders for a financial product. A first order for a financial product is received. The first order includes a preference for a first order book. An order processer selects a first hardware match processor based on the preference. A first hardware match processor attempts to match the first order with a previously received order in the first order book. A second order for the financial product is received. The second order includes a preference for a second order book. The order processor selects a second hardware match processor based on the preference. A second hardware match processor attempts to match the second order with a previously received order in the second order book. The first and second hardware match processors use different matching algorithms.
    Type: Grant
    Filed: October 8, 2021
    Date of Patent: January 2, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: José Antonio Acuña-Rohter, Pearce Peck-Walden, Ari Studnitzer
  • Patent number: 11847638
    Abstract: A method includes establishing a first funds transfer account associated with a first device and a second funds transfer account with a second device, funding at least the first fund account, and selecting the second device as the recipient of a funds transfer from the first device. The method further includes sending a communications link request from the first device to the second device and receiving acceptance of the communications link request from the second device. The method then establishes a communications link between the first device and the second device, initiates a funds transfer from the first device to the second device, wherein the amount is designated at the first device, and verifies the funds transfer amount, the first funds transfer account, and the second funds transfer account. Then, the method transfers the amount to the second funds transfer account associated with second device.
    Type: Grant
    Filed: July 6, 2020
    Date of Patent: December 19, 2023
    Assignee: The Western Union Company
    Inventor: Kimberly Dunwoody
  • Patent number: 11847647
    Abstract: A system, method and computer-readable storage medium that add at least one transaction block to a chained sequence of one or more blocks, including receiving a request message having data of an electronic transaction, broadcasting, to nodes in a blockchain network, a consensus request message for generating at least one transaction block including creating a block header that contains a hash pointer to a previous block, and concurrently with updating transaction block data, comparing and performing an action based on the comparing, performing periodic valuation and transmission of an item having a value that is tied to the transaction data, including establishing transmission links with the external entities, determining a value of the item, and establishing movement of the item between the external entities based on the determined value of the item and predetermined thresholds.
    Type: Grant
    Filed: March 21, 2022
    Date of Patent: December 19, 2023
    Assignee: THE VANGUARD GROUP, INC.
    Inventors: Warren Pennington, John Evans, Ryan Lovell