Patents Examined by Hani M. Kazimi
  • Patent number: 12117846
    Abstract: A method for coordinating machines to perform a task includes establishing a plurality of communication channels between a plurality of agricultural machines located in a geographic area. Data pertaining to capabilities of each of the plurality of machines, and location in some cases, is received and a collaborative plan to complete a task using the plurality of machines is determined. At least a portion of the collaborative plan is transmitted to each of the plurality of machines. The collaborative plan can be based on the location and capabilities of each of the plurality of machines. The collaborative plan can include a plurality of operations for each of the plurality of machines to perform.
    Type: Grant
    Filed: September 9, 2020
    Date of Patent: October 15, 2024
    Assignee: Topcon Positioning Systems, Inc.
    Inventors: Dimitre Markov, John Boal, Jonathan Targett, Lyndon Whaite, Stefan Stefanov
  • Patent number: 12112375
    Abstract: Systems are provided for compressing portfolios of open option positions. Market participants may provide constraints, such as net delta and gamma values within a specific tolerance. A compression engine uses a linear, integer and/or linear-quadratic programming solver to analyze portfolios of multiple market participants and identify multilateral option spread trades that result in portfolios that are compressed subject to the constraints.
    Type: Grant
    Filed: June 29, 2023
    Date of Patent: October 8, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Richard Co, Dhiraj Subhash Bawadhankar, Florian Huchedé, John Balaam Alexander Kerpel, Andrey Lopatin, Romil Pradip Parekh, Robert William Taylor
  • Patent number: 12086796
    Abstract: Systems and methods for facilitating a transaction between a first entity and a second entity using a digital currency are described. In some aspects, a computing node participates in a private distributed ledger for a financial institution and stores one or more transaction blocks representing transactions in a digital currency. The digital currency is issued by the financial institution and is fixed with respect to a fiat currency. The computing node is configured to receive a transaction for transferring an amount of digital currency from a first entity to a second entity, generate a new transaction block representing the transaction, transmit the new transaction block to other computing nodes participating in the private distributed ledger, receive an indication of validity of the new transaction block, and insert the new transaction block into the private distributed ledger.
    Type: Grant
    Filed: September 27, 2023
    Date of Patent: September 10, 2024
    Assignee: Ridgeview Digital LLC
    Inventors: Jonathan Mayblum, Zachary Mayblum
  • Patent number: 12079786
    Abstract: According to the invention, a method for transferring funds from a sender to a pre-paid account to be assigned to a recipient is disclosed. The method may include receiving a request to perform a funds transfer, including an amount and a recipient, and determining whether to approve the request. Upon approval, the method may include selecting a first and second money transfer control number (MTCN). The method may include recording an association of the amount and the recipient with the first MTCN, and an association of the two MTCN's. The method may include sending the second MTCN out and later receiving a request to redeem which includes the second MTCN. The method may include determining the first MTCN based on the second MTCN, and whether to approve the request. Upon approval, an indication may be sent that the amount is available for funding of the pre-paid account of the recipient.
    Type: Grant
    Filed: December 10, 2019
    Date of Patent: September 3, 2024
    Assignee: The Western Union Company
    Inventors: Chris Cochran, Gary Jeffords, Rodrigo Sada
  • Patent number: 12073462
    Abstract: System, method, and program products offer flexibility to the rather rigid way of trading in an electronic trading system. Orders for a tradeable object may typically get matched according to set terms and/or conditions at an electronic exchange. A trader may log onto the electronic exchange to trade the tradeable object, and may choose to display and trade the tradeable object according to a different set of terms and/or conditions. As such, the market data sent to the trader from the exchange is converted to a format according to the trader's selection, so that it may be presented to the trader in this format. Transaction messages sent to the exchange from the trader are converted to the format readable by the matching process, so that it can process the messages. Other features and advantages are described herein.
    Type: Grant
    Filed: December 3, 2020
    Date of Patent: August 27, 2024
    Assignee: Trading Technologies International, Inc.
    Inventors: Farley Owens, Bharat Mittal, Robert J. Kline, Nidhi Singh, Diane Saucier
  • Patent number: 12062095
    Abstract: Auctioning mechanisms adapted to improve the integrity of dark order block trading are provided.
    Type: Grant
    Filed: November 17, 2023
    Date of Patent: August 13, 2024
    Assignee: NYSE Holdings LLC
    Inventors: Alicia Suminski, Anais Fabienne Christiane Dony
  • Patent number: 12056769
    Abstract: Systems and methods for controlling use of a credit pool in connection with electronic trading in a plurality of product groups via a set of match engines are described. Credit data indicative of a current magnitude of the credit pool is obtained. A plurality of allocations of the credit pool are determined, based on the credit pool, across the plurality of product groups. For each allocation of the plurality of allocations, allocation data indicative of the allocation is provided to a respective credit controller of a set of credit controllers. The respective credit controller is disposed at a respective match engine to which a respective product group of the plurality of product groups is assigned. The use of the credit pool for an incoming order in a respective product group is thus limited in accordance with the allocation data provided to the credit controller at the respective match engine.
    Type: Grant
    Filed: August 15, 2022
    Date of Patent: August 6, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Zachary Bonig, Matthew Morano, Francis Bernard Bakalar, Baris Mestanogullari, James Allen Bailey, Frank Kmiec, Ari L. Studnitzer, Pearce Ian Peck-Walden
  • Patent number: 12056675
    Abstract: Systems and methods for facilitating e-commerce transactions between web-based merchants and consumers with EMV cards for payments processing. The systems and methods include a web browser installed in a computer associated with the consumer. The web browser includes a browser plugin for managing EMV card data. The computer is associated with an EMV card reader for collecting EMV card data. The browser plug-in is directed to sending EMV card data for remote processing and/or directed to processing the EMV card natively at the web browser.
    Type: Grant
    Filed: October 25, 2016
    Date of Patent: August 6, 2024
    Assignee: Worldpay, LLC
    Inventor: Chance Ulrich
  • Patent number: 12051108
    Abstract: In certain embodiments, concurrency related to rehypothecated allocations may be facilitated via pre-release locking of associated positions. In some embodiments, a request to release a collateral allocation may be obtained, where the collateral allocation is associated with (i) a rehypothecated position and (ii) a cloned position on a leg downstream of the rehypothecated position, and the cloned position is derived from the rehypothecated position. Based on the release request, one or more legs related to the collateral allocation may be traversed to locate and lock one or more positions on such related legs (e.g., including the cloned position of the downstream leg). Prior to release of the rehypothecated position, the cloned position of the downstream leg may be locked based on the release request. The release of the rehypothecated position may be performed to fulfill the release request in response to the cloned position of the downstream leg being locked.
    Type: Grant
    Filed: June 12, 2019
    Date of Patent: July 30, 2024
    Assignee: The Bank of New York Mellon
    Inventors: Brian Blank, Tejas Jhaveri, Mahendran Gunaseelan, Mariappan Gopal, Kim Lee
  • Patent number: 12051050
    Abstract: A method using one or more mobile devices for transporting information from an automated teller machine (“ATM”) to a central server when the ATM does not support a network connection and, upon return of the one or more mobile devices to the ATM, updating the ATM may be provided. The method may include transporting electronic transaction data processed locally at the ATM, via a mobile device, to a location where a network connection between the mobile device and the central server may be established. When in a location including network connection, the method may include transmitting the electronic transaction data to the central server. When the mobile device is detected to have returned to be within the pre-determined range of the ATM, the method may include transmitting a data packet to the ATM, the data packet received from the central server, thereby updating the ATM of the transmittal.
    Type: Grant
    Filed: October 3, 2022
    Date of Patent: July 30, 2024
    Assignee: Bank of America Corporation
    Inventors: Manu Kurian, Siten Sanghvi, Heather Dolan, George Albero, Maharaj Mukherjee, Kevin A. Delson
  • Patent number: 12051109
    Abstract: Various embodiments comprise systems, methods, and computer-readable media for configuring and trading binary options. A first index may be configured, e.g., based on a portfolio configured by a user. One or more second indices may be determined. A binary option may pay out if the first index outperforms the one or more second indices, e.g., over a period of time. The binary option may be traded in the primary and secondary markets.
    Type: Grant
    Filed: July 13, 2020
    Date of Patent: July 30, 2024
    Assignee: CFPH, LLC
    Inventors: Rich Jaycobs, Thomas D. Bradshaw, Jason Poulos
  • Patent number: 12026775
    Abstract: A system and method graphically displays and receives order status and allows order status to be replayed in time.
    Type: Grant
    Filed: January 4, 2022
    Date of Patent: July 2, 2024
    Assignee: Charles Schwab & Co., Inc.
    Inventors: Konstantinos P. Konstantinides, Martin P. Wright, Eliel R. Johnson
  • Patent number: 12026684
    Abstract: An apparatus for transferring virtual resources comprises a processor associated with a server. The processor is configured to conduct an interaction between a first user and an entity to transfer a physical object and a non-fungible token (NFT) to the first user, wherein the NFT is associated with the physical object. The processor is further configured to receive the NFT for storage in a first digital folder and to receive a request to establish an interaction session between a first avatar in a virtual environment and a second avatar associated with a second user. The processor is further configured to authorize the interaction session in response to authenticating the NFT and to conduct the interaction. The interaction includes initiating a transfer of the physical object from the first user to the second user and transmitting the NFT to a second digital folder associated with the second user.
    Type: Grant
    Filed: May 6, 2022
    Date of Patent: July 2, 2024
    Assignee: Bank of America Corporation
    Inventors: Vinesh Premji Patel, Michael R. Young, Manu J. Kurian
  • Patent number: 11995718
    Abstract: A routing system rapidly determines whether messages received by a data transaction processing system related to data objects in a computing system should be routed through or bypass integrity modules designed to detect and mitigate undesirable object conditions. The routing system may, in one embodiment, rely upon previous decisions made by the integrity modules. The routing system may also access data structures storing information about a current environment state to determine whether a message should be routed through the time consuming integrity modules. The routing system may additionally determine and specify which values associated with a message should be checked against integrity module logic.
    Type: Grant
    Filed: May 15, 2020
    Date of Patent: May 28, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventor: Dileep Chakravarthi Konduru
  • Patent number: 11966903
    Abstract: A system and method may retrieve transaction data for a plurality of electronic payment system transactions. The transaction data may describe a plurality of electronic payment transactions between a payment network system and a plurality of merchants. The transaction data may include a transaction location and a merchant store number. The system and method may parse the transaction data to identify the transaction location and the merchant store number and analyze the retrieved and parsed transaction data to identify one or more centroids for at least a portion of the retrieved and parsed transaction data. The one or more centroids may correspond to a merchant location for each transaction of the retrieved and parsed transaction data. The system and method may then clean the retrieved and parsed transaction data having a transaction location outside a threshold distance from the one or more centroids to include accurate merchant store number data.
    Type: Grant
    Filed: September 27, 2019
    Date of Patent: April 23, 2024
    Assignee: Visa International Service Association
    Inventors: Nelson Dsouza, Sukalyan Chakraborty, Mahesh Joshi, Nitin Singhal, Prithwiraj Mitra, Abhijith Ramesh Kashyap, Urjit Anand Khadilkar
  • Patent number: 11948188
    Abstract: An automated Automatic Teller Machine (ATM) exception processing method, system, and recording medium for facilitating completion of an ATM deposit transaction upon an occurrence of an exception. The method includes remotely monitoring an ATM for the exception by an automated ATM monitoring system over a first communication network, and automatically reporting a detected exception resulting in a failed ATM deposit transaction, by a processor in the automated ATM monitoring system, to both a customer processing system and to a reconstruction transaction system over a second communication network. The process also includes processing a customer claim by the customer processing system based on the failed ATM deposit transaction, and reconstructing the failed ATM deposit transaction by the reconstruction transaction system. The method further incudes reconciling the customer claim with the reconstructed ATM deposit transaction.
    Type: Grant
    Filed: May 6, 2019
    Date of Patent: April 2, 2024
    Assignee: JPMORGAN CHASE BANK, N.A.
    Inventors: David Anthony Quesenberry, Warren Gavin Lewis
  • Patent number: 11941632
    Abstract: A real-time system and method for invoking a fraud alert notification to a bank prompted by an abandoned deposit following a denied accelerated funding request for a financial item.
    Type: Grant
    Filed: October 9, 2019
    Date of Patent: March 26, 2024
    Inventors: Dyron Clower, John Templer, La Shonna Sharp, Aaron Calipari, Michael Ring, Michael Serrette, Nickolas Ledford, Lawrence Dugger, Rodney Drake, Diana Hayes
  • Patent number: 11922496
    Abstract: The system and method of the present invention expand/enhance modeling for credit risks scores. The expanded modeling system and methods discussed herein identify new credit risk related attributes using limited and/or unconventional credit data. In an aspect, the system and method enhance performance definitions to capture incremental insight, expanding the applicable consumer segments previously inaccessible.
    Type: Grant
    Filed: March 4, 2022
    Date of Patent: March 5, 2024
    Assignee: VANTAGESCORE SOLUTIONS, LLC
    Inventors: Nicholas Andrew Rose, Andrada Ioana Pacheco
  • Patent number: 11922407
    Abstract: Provided are a system, method, and computer program product for secure payment device data storage and access. The method includes storing payment device data associated with a payment device of a user and generating a unique uniform resource locator (URL) associated with the payment device. The method also includes transmitting the unique URL to an application provider system through a first communication channel and receiving a data access request from the client device via the unique URL through a second communication channel separate from the first communication channel. The method further includes, in response to receiving the data access request, verifying an identity of the user by executing a step-up authentication protocol. The method further includes, in response to verifying the identity of the user, transmitting a data access response including the payment device data to the client device through the second communication channel.
    Type: Grant
    Filed: September 16, 2021
    Date of Patent: March 5, 2024
    Assignee: Visa International Service Association
    Inventors: Shankara Narayanan Ramesh, Lin Htet Aung, Ibrahim Kusumah Kusnanto, Michael Angelo Sarmiento Olimpo, Leo Laksmana, Anup Tripathi, Imo Michael Akpan
  • Patent number: 11915239
    Abstract: Disclosed herein are systems, methods, and non-transitory computer-readable storage media for updating and managing hosted catalogs in a procurement system. A procurement system is provided comprising at least one live hosted catalog and at least one staged hosted catalog. Catalog update files are received into the system, and a data integration component validates and imports the catalog updates to the staged catalog, and an authorized buyer user is presented a summary of the update information and, upon an acceptance of the updates by the buyer user, the catalog update information is promoted to the live hosted catalog. In one embodiment a central catalog service maintains status information of the updates and coordinates workflow. In another embodiment, the system evaluates the update information and determines whether an approval is required.
    Type: Grant
    Filed: October 24, 2020
    Date of Patent: February 27, 2024
    Assignee: BuyerQuest, Inc.
    Inventors: Nicholas J Cron, Jr., Salman Siddiqui