Patents Examined by Elda Milef
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Patent number: 9881295Abstract: A method for making a payment using a mobile device. The method includes capturing a facial image of a payee using a camera of the mobile device, wherein the payment is due from the user of the mobile device to the payee, retrieving an identifier of the payee based on the facial image, retrieving payment recipient identification information of the payee from a registered payee list based on the identifier, displaying, on the mobile device, a composite image comprising the facial image of the payee and the payment recipient identification information of the payee, receiving an input from the user authorizing the payment from a financial account of the user to the payee, and initiating the payment from the financial account to the payee based on the payment recipient identification information.Type: GrantFiled: January 30, 2012Date of Patent: January 30, 2018Assignee: Intuit Inc.Inventor: Satish Buddhavarapu
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Patent number: 9842324Abstract: A banknote processing device includes a first pay-out port and a second pay-out port in which banknotes for pay-out are stacked, a conveyance section that conveys banknotes to the first pay-out port or to the second pay-out port, a first opening-closing member capable of opening and closing the first pay-out port by moving, a second opening-closing member capable of opening and closing the second pay-out port by moving, and a controller that controls conveyance of the banknotes by the conveyance section, and that controls opening and closing operations of the first and second opening-closing members. When the number of banknotes stacked in the first pay-out port has reached a maximum stacking number in pay-out processing, the controller performs a switching operation to switch a conveyance destination of the banknotes from the first pay-out port to the second pay-out port, and performs an opening operation to open the first opening-closing member.Type: GrantFiled: July 17, 2013Date of Patent: December 12, 2017Assignee: Oki Electric Industry Co., Ltd.Inventor: Akihiro Chugo
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Patent number: 9613378Abstract: Apparatus and methods for managing messages in a computer system are described. A plurality of order/quote messages is received via an input mechanism, and the order/quote messages are ranked based on the at least one ranking value parameter at a first ranking unit. At least one top ranked order/quote message is sent from the first ranking unit to a matching unit, and the top ranked order/quote messages are matched at the matching unit.Type: GrantFiled: June 14, 2013Date of Patent: April 4, 2017Assignee: Nasdaq Technology ABInventor: Göran Altius
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Patent number: 9378664Abstract: One embodiment of the present invention provides a system that provides data associated with a financial instrument through real-time virtual animation anchored to the financial instrument in a video stream. During operation, the system receives at a computer system a video stream, wherein the video stream includes an image of a financial instrument, and wherein a financial instrument is a physical object that is associated with at least one of a financial account and financial data. Next, the system identifies the financial instrument in the video stream. The system then retrieves data associated with the financial instrument from a data source. Next, the system creates an animation which displays the data. Once the animation is created, the system anchors the animation to the financial instrument in the video stream. Finally, the system displays the video stream which includes the animation to a user.Type: GrantFiled: October 5, 2009Date of Patent: June 28, 2016Assignee: INTUIT INC.Inventor: Ryan Michael Steckler
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Patent number: 9342963Abstract: The present disclosure provides systems and methods for implementing a self-service terminal (“SST”) monitoring, notification and maintenance system. Embodiments of the proposed invention may simplify a task of locating an operational SST having a specific operational status and/or capability within a geographic area. Embodiments may automatically determine and monitor an operational status and/or capabilities of a SST. The operational status may include an operational status indicative of a SST that need servicing or repair. A location of a device used to submit a request for SST information may be automatically determined. Location, operational status and directions on how to locate a specific SST within a distance of the determined location may be transmitted in response to a request for SST information. The operational status of multiple SSTs within a geographic area may be monitored.Type: GrantFiled: April 14, 2011Date of Patent: May 17, 2016Assignee: Bank of America CorporationInventors: William H. McGraw, IV, Richard L. Fitzgerald, Matthew K. Bryant
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Patent number: 9165291Abstract: Disclosed is a technology for seamless initiation of a financial service, such as a payment transaction, by sending a communication message. The disclosed technology can be used, for example, to send payment from a person (e.g., a consumer) to another over e-mail without requiring any sign-up or login procedure. In at least one embodiment, the technology includes receiving a service request email generated by a native email application on a consumer's device, verifying the email using information included in the email, and initiating the service as requested based on the information. Various embodiments of the disclosed technology enable a simplified payment transaction system for ordinary consumers without the hassle of having to sign up, to remember a user account and a password, and to login for sending or receiving every payment transaction, while not sacrificing the essential security feature of authenticating the user for every payment transaction.Type: GrantFiled: April 4, 2014Date of Patent: October 20, 2015Assignee: Square, Inc.Inventors: Robert Andersen, Jochen Bekmann, Brian Grassadonia, Daniele Perito, Peter Thomas Westen
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Patent number: 8799033Abstract: The present invention provides methods and systems for providing longevity insurance by obtaining information useful for issuing a longevity insurance contract for an individual, and determining a premium or an income payment for the individual that are computed based at least in part on an individual's age at a predetermined date that income payments are deferred to. The longevity insurance contract generally provides deferred income payments for a period of time, such as for the life of the individual, beginning at a predetermined date that is after an individual's anticipated retirement, or at a predetermined date that is after the individual's life expectancy, or on or after a specified birthday of the individual.Type: GrantFiled: June 28, 2012Date of Patent: August 5, 2014Assignee: New York Life Insurance CompanyInventors: Jodi L. Kravitz, John R. Meyer, Michael J. Gordon
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Patent number: 8768809Abstract: 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: GrantFiled: September 5, 2013Date of Patent: July 1, 2014Assignee: Citibank, N.A.Inventors: Duncan Cole, Lucinda Gerhard
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Patent number: 8732027Abstract: A method and system facilitate a transaction via a network-based transaction facility. For example, a pre-order relating to an item is recorded in a database; a plurality of offers to sell the item is received; and a matching operation to detect a correspondence between the pre-order and the plurality of offers is automatically performed using processor-implemented logic. The pre-order is set to a reserve state in the database based on at least one offer of the plurality of offers matching the preorder, in which the reserve state reserves the at least one offer pending establishment of a transaction for the at least one offer.Type: GrantFiled: February 11, 2011Date of Patent: May 20, 2014Assignee: eBay Inc.Inventors: Michael Schwankl, Srinivas Balijepalli, Vadim Geshel, Pete Borowsky, Joshua Kopelman
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Patent number: 8725557Abstract: Systems, computer-readable medium having computer program, and related computer implemented methods are provided to determine the relative market value of a sale group and to generate a genetic merit scorecard. Such systems, computer-readable medium having computer program, and related computer implemented methods utilize the genetic merit estimates of relatives of a sale group, along with associated economic weighting factors to determine the relative market value of the sale group. The genetic merit scorecard reflects the relative market value and ranking of the genetic merits of the sale group, as compared to the industry.Type: GrantFiled: January 10, 2014Date of Patent: May 13, 2014Assignee: Leachman Cattle of Colorado, LLCInventors: Leland Leachman, Tim J. Watts
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Patent number: 8676690Abstract: A computer-implemented method comprising: retrieving information indicative of sets of upper level portfolios; retrieving information indicative of a plurality of objectives for the sets of upper level portfolios; retrieving a plurality of constraints, with at least one of the constraints restricting aggregate trade amounts for the same lower level portfolio across the sets of upper level portfolios, and with a constraint comprising a parameter that is at least partly based on an objective and attributes of the sets of upper level portfolios; and executing by one or more computer systems a collection of optimization rules to apply across the sets of upper level portfolios to current trade amounts of the sets of upper level portfolios and to the objectives according to parameters specified by the constraints to determine rebalanced trade amounts for the sets of upper level portfolios.Type: GrantFiled: December 6, 2012Date of Patent: March 18, 2014Assignee: FMR LLCInventors: Douglas Sprague, Mark Steven McEachern, Stewart John Carpenter, Walter Tsui, Kevin MacDermott, Eugene Wong
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Patent number: 8666860Abstract: In one embodiment, one use of the disclosed method/system is for any multinational entity or individual performing currency exchanges is for business or personal use. This embodiment will greatly enhance the Transparency of the Cash Conversion Process at the ACTUAL POINT OF CONVERSION (POC), revealing dealt and offset pricings and TIME thereof thus providing the customer with a complete report of conversion as with any commodity conversion. With the POC method, the client will have a substantially complete accounting of the value of the funds conversion from one region's currency to another.Type: GrantFiled: July 5, 2011Date of Patent: March 4, 2014Assignee: International Monetary SpecialistsInventors: John Golding, Joshua Trent
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Patent number: 8660941Abstract: An integrated multi-channel virtual collections center and methods for using the same are disclosed. The collections center may include a program management module, a communications module and a data analytics module. The program management module may be configured to generate a plurality of scenarios for a debt collection campaign. The communications module may be configured to automatically present a scenario to a debtor and to receive response data from the debtor. The communications module may include a plurality of communication channels. The data analytics module may be configured to automatically analyze response data received from the communications module and to select a communications channel and a scenario for the communications module based on the response data.Type: GrantFiled: September 25, 2007Date of Patent: February 25, 2014Assignee: Collections Marketing Center, Inc.Inventors: Dawn Marie Willey, Joseph Francis Centrone, Joseph Matthew Scarborough, Ye Zhang
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Patent number: 8660888Abstract: Systems, computer-readable medium having computer program, and related computer implemented methods are provided to determine the relative market value of a sale group and to generate a genetic merit scorecard. Such systems, computer-readable medium having computer program, and related computer implemented methods utilize the genetic merit estimates of relatives of a sale group, along with associated economic weighting factors to determine the relative market value of the sale group. The genetic merit scorecard reflects the relative market value and ranking of the genetic merits of the sale group, as compared to the industry.Type: GrantFiled: August 27, 2013Date of Patent: February 25, 2014Assignee: Leachman Cattle of Colorado, LLCInventors: Leland Leachman, Tim J. Watts
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Patent number: 8645243Abstract: A system for providing retirement location advice may comprise at least one subsystem that receives location characteristic preference input from a customer, at least one subsystem that finds possible locations that a customer could afford during their retirement based on a retirement plan of the customer and the location characteristic preference input of the customer, and at least one subsystem that displays the possible locations found.Type: GrantFiled: October 15, 2008Date of Patent: February 4, 2014Assignee: United Services Automobile Association (USAA)Inventor: Bradly Jay Billman
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Patent number: 8630878Abstract: An insurance claim analysis system may generate information indicative of a possible outcome of an active insurance claim. A historic insurance claim information database may hold historic information about historic insurance claims. A database query module may query the historic insurance claim information database for historic insurance claims that match search criteria indicative of one or more aspects of the active insurance claim. A data aggregation module may calculate an aggregate of an aspect of the historic information about the historic insurance claims that match the search criteria or a subset thereof. A report generation module may generate a report that includes the calculated aggregate of the aspect of the historic information.Type: GrantFiled: June 17, 2011Date of Patent: January 14, 2014Assignee: Zenith Insurance CompanyInventors: Alexandre Kravets, Davidson M Pattiz, Vernon L. Steiner
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Patent number: 8626599Abstract: When a buyer's debt to a seller cannot be paid using an account issued to the buyer by an issuer within a payment processing system, then either or both the seller and the buyer are solicited to conduct future transactions payable on the account. If the debt can be paid using the account, then a sub-account is created unique to the seller and buyer. Transactions between the buyer and seller can be processed using the sub-account including the option of aggregating the debts prior to the processing. The credit limit of the sub-account can be set to match the amount of the aggregated debts.Type: GrantFiled: September 9, 2011Date of Patent: January 7, 2014Assignee: Visa U.S.A. Inc.Inventors: Richard Mitchell Eastley, Nancy Weber, Tamara Romanek, Sharon North
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Patent number: 8612340Abstract: A method of identifying a point of compromise includes accessing data stored in a data storage system, the data being associated with a plurality of identified at-risk accounts, identifying a plurality of common points of transaction, each of the plurality of common points of transaction being associated with a minimum number of the plurality of identified at-risk accounts, and identifying a point of compromise from the plurality of common points of transaction based on (i) the number of the identified at-risk accounts involved in transactions executed via each common point of transaction during a time period, and (ii) a total number of accounts involved in transactions executed via the common point of transaction during the time period.Type: GrantFiled: September 14, 2012Date of Patent: December 17, 2013Assignee: Wells Fargo Bank, N.A.Inventor: Shuo Yan
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Patent number: 8606694Abstract: Systems and methods for registering consumers for credit repair counseling may include use of electronic signatures and/or authorizations, electronic delivery of documents (e.g., consent and cancellation forms), automated scheduling in accordance with federal and/or state waiting periods, and/or consumer-selectable credit repair topics, among other features.Type: GrantFiled: July 1, 2011Date of Patent: December 10, 2013Assignee: Experian Credit Advisors, Inc.Inventors: Jay Campbell, Michael Balducci, Jeff Mandel, Marlin K. Brandt, Jr., Gregory T. Olson
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Patent number: 8600872Abstract: A method of identifying a point of compromise includes accessing data stored in a data storage system, the data being associated with a plurality of identified at-risk accounts, identifying a plurality of common points of transaction, each of the plurality of common points of transaction being associated with a minimum number of the plurality of identified at-risk accounts, and identifying a point of compromise from the plurality of common points of transaction based on (i) the number of the identified at-risk accounts involved in transactions executed via each common point of transaction during a time period, and (ii) a total number of accounts involved in transactions executed via the common point of transaction during the time period.Type: GrantFiled: July 25, 2008Date of Patent: December 3, 2013Assignee: Wells Fargo Bank, N.A.Inventor: Shuo Yan