Patents Examined by Chika Ojiaku
  • Patent number: 7711618
    Abstract: A graphical user interface of a product configurator is accessible by user computers over a network. In one embodiment, the product configurator presents a plurality of product-based customization options from which a user may select. In response to such options, a user may provide product-based customization information to the product configurator. This information is usable to generate a product-based customized image that may be imprinted across the face of a financial instrument.
    Type: Grant
    Filed: February 3, 2006
    Date of Patent: May 4, 2010
    Assignee: Bayerische Motoren Werke Aktiengesellschaft
    Inventors: Kammie Petrime, William J. Donnelly
  • Patent number: 7698198
    Abstract: A method for purchasing a securities bundle indexed to entertainment revenue comprises selecting a securities bundle offered by a special-purpose entity. The securities bundle comprises a first security and a second security and the securities bundle is associated with a closing date. The first security is associated with a first entertainment event and the second security is associated with a second entertainment event. The method continues by identifying a return value associated with the securities bundle, and by identifying a purchase price associated with the securities bundle. The method concludes by purchasing the selected securities bundle at least partially based on the purchase price and the return value.
    Type: Grant
    Filed: August 9, 2004
    Date of Patent: April 13, 2010
    Assignee: BGC Partners, Inc.
    Inventors: Joseph M. Asher, Howard W. Lutnick
  • Patent number: 7698199
    Abstract: A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
    Type: Grant
    Filed: May 20, 2005
    Date of Patent: April 13, 2010
    Assignee: BGC Partners, Inc.
    Inventors: Joseph M. Asher, Stuart A. Hersch, James J. Lefkowitz, Gregory P. Manning, Howard W. Lutnick
  • Patent number: 7698184
    Abstract: A method for trading a securities bundle indexed to entertainment revenue includes identifying a securities bundle comprising a first and second security. The first security is associated with a first entertainment event and the second security is associated with a second entertainment event. The first security is offered in an after-market for a buying price and a market price is determined for the first security in the after-market.
    Type: Grant
    Filed: August 9, 2004
    Date of Patent: April 13, 2010
    Assignee: BGC Partners, Inc.
    Inventors: Joseph M. Asher, Howard W. Lutnick
  • Patent number: 7676418
    Abstract: A portfolio benchmarking system comprises a repository of trade data, a repository of consumer data, a build computer, and a benchmarking query application. The repository of trade data comprises a plurality of data items regarding trade lines. The repository of consumer data comprises a plurality of data items regarding consumers, wherein at least some information in the consumer data is not in the trade data and at least some information in the trade data is not in the consumer data. The build computer periodically generates at least one data file comprising a plurality of data items, each data item combining information from the trade data and the consumer data, such that searches can be performed on the combined data without joining trade data and consumer data at query run time. The benchmarking query application executes queries on the data file generated by the build computer.
    Type: Grant
    Filed: June 26, 2006
    Date of Patent: March 9, 2010
    Assignee: Experian Information Solutions, Inc.
    Inventors: Charles S. Chung, Linda A. Haran, Angela Granger, Patricia Cheryl Lassen
  • Patent number: 7653593
    Abstract: Various embodiments of the present invention provide systems and methods for automatically compensating an individual's credit risk score for macroeconomic data. In particular, various embodiments provide systems and methods to determine a macroeconomic risk score. In addition, various embodiments provide systems and methods to determine an adjusted credit risk score for an individual based on the individual's credit risk score and a macroeconomic risk score that serves as a scale adjuster to keep overall delinquency and/or loss rates in line as economic factors change.
    Type: Grant
    Filed: November 8, 2007
    Date of Patent: January 26, 2010
    Assignee: Equifax, Inc.
    Inventors: Lisa Zarikian, John Zippe, Natalia Micheloud
  • Patent number: 7644043
    Abstract: A check processing apparatus and method acquire and save data verifying the identity of a person using a check, and output this information in an effective manner to prevent improper use of the check. A check scanner 140 images all or part of the presented check C. A photo ID scanner 110 scans personal identification 71 presented as proof of identity by the person using the check, and a controller 160 converts the scanner output to generate personal identification image data. A merge file generating means 170 merges the image data from the check scanner with the personal identification image data to produce a merged file. The merged file is stored in merged file storage means 180 and output to a display 33.
    Type: Grant
    Filed: August 4, 2004
    Date of Patent: January 5, 2010
    Assignee: Seiko Epson Corporation
    Inventor: Masahiro Minowa
  • Patent number: 7606764
    Abstract: Systems and methods for making installment based credit purchase. A consumer may access a network interface to see how a contemplated purchase will affect their existing obligations on the account under a variety of repayment options. When approving a purchase request from a retailer, the system will determine if the purchase qualifies for installment repayment based on price and type of product/service. If the purchase qualifies and if the consumer's account will support the purchase, the user will be presented with a variety of repayment options. The purchase will be authorized at the selected repayment option.
    Type: Grant
    Filed: December 20, 2006
    Date of Patent: October 20, 2009
    Inventor: Phillip Dominick Mancini
  • Patent number: 7567931
    Abstract: A method for forming a securities bundle indexed to entertainment revenue includes determining a first funding amount for a first entertainment event. A second funding amount is determined for a second entertainment event. Next, a dividend schedule is determined for the first and second entertainment events. A securities bundle is formed at least partially based on the funding amounts and the dividend schedule, with the securities bundle comprising a first security and a second security. The first security is associated with the first entertainment event and the second security is associated with the second entertainment event.
    Type: Grant
    Filed: August 9, 2004
    Date of Patent: July 28, 2009
    Assignee: BGC Partners, Inc.
    Inventors: Joseph M. Asher, Howard W. Lutnick
  • Patent number: 7502756
    Abstract: Given a fixed amount of capital, how to invest it optimally by distributing it among a set of stocks and securities so as to maximize the return while minimizing the overall risk is addressed here. Given that one has full freedom in selecting the type of stocks, a new strategy is outlined here by maximizing the ratio of the gain to risk—rather than minimizing the risk alone—to determine the fraction of capital that must go to each stock. An optimum gain versus variance plot can be used to determine the type of stocks to be selected in addition to their relative quantity for maximum yield over the duration of interest. By modifying the definition of risk to include a function of the covariance matrix of secondary stocks that are sympathetic to the primary stocks of interest, an alternate investment strategy is also developed here. If short selling of stocks and securities is not allowed in a portfolio, then stock selection becomes important so as to maintain the desired fractions to be positive.
    Type: Grant
    Filed: June 15, 2006
    Date of Patent: March 10, 2009
    Inventor: Unnikrishna Sreedharan Pillai