Patents Examined by Kevin Poe
  • Patent number: 10043181
    Abstract: A computer-implemented method for applying payment services to a payment transaction over a first payment network using a payment services computer system hosted on a second payment network is provided. The method includes receiving a service request at the payment services computer system from a requestor. The service request has a first format that is readable by the second payment network. The method includes determining, at the payment services computer system, the payment services the service request is registered to receive. The method includes processing the service request by applying the registered payment services to the service request. The method includes generating, at the payment services computer system, a services response. The services response is generated based on the registered payment services and the payment transaction data. The method additionally includes transmitting the services response to at least one of the cardholder and the requestor.
    Type: Grant
    Filed: January 15, 2013
    Date of Patent: August 7, 2018
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Frederick Michael Pacher, Mikhail Blinov, Edwin V. Diekemper, Peter J. Groarke
  • Patent number: 10007951
    Abstract: Systems, methods, and computer-readable media in accordance with various embodiments of the present invention facilitate storing and displaying, in a trending analysis graphical user interface, of data for each execution of the underlying metric data alongside the date for which the metric was run. As the metrics are run, calculations may also take into account user setup (role access) for the assets for which they have control to view. Additional run control parameters could be set, for example for managing reconciliation discrepancies, to control whether or not to include exceptions that have been ignored by the user.
    Type: Grant
    Filed: July 28, 2010
    Date of Patent: June 26, 2018
    Assignee: ORACLE INTERNATIONAL CORPORATION
    Inventors: Jason A. Alonzo, John L. Yee, Umesh M. Apte
  • Patent number: 10002348
    Abstract: A payment routing and processing platform is configured to collect various attributes for use in identifying an optimal payment processor for a particular payment transaction message. For example, the payment routing and processing platform might identify business attributes, endpoint attributes, customer and transaction attributes, payment method attributes, system attributes, and/or other types of attributes. The payment routing and processing platform might then utilize some or all of the identified attributes to select an endpoint for processing a payment transaction message. The payment routing and processing platform might also utilize some or all of the identified attributes to identify and perform other types of processing of financial transactions. Machine learning techniques might also be utilized to improve the performance of the payment routing and processing platform.
    Type: Grant
    Filed: July 24, 2013
    Date of Patent: June 19, 2018
    Assignee: Amazon Technologies, Inc.
    Inventors: Dennis Scott Doctor, Chelsea Celest Krueger, Tushaar Sethi
  • Patent number: 9886691
    Abstract: Deploying an issuer-specific widget to a wallet container on a client device is accomplished by configuring a widget to provide access to an issuer-specific service group of services that are accessible in a service tier of a multi-tier platform for providing secure transactions, determining service-provider specific resource access requirements for operating the widget, configuring a widget descriptor with the access requirements, and communicating with wallet container to ensure successful deployment of the configured widget that meets the access requirements in the widget descriptor.
    Type: Grant
    Filed: December 11, 2013
    Date of Patent: February 6, 2018
    Assignee: MasterCard Mobile Transactions Solutions, Inc.
    Inventors: Mehul Desai, Satyan G. Pitroda, Nehal Maniar
  • Patent number: 9842373
    Abstract: A system and method is provided for acquiring, collecting, comparing and evaluating the condition of rental property at several time periods during a lease or rental agreement. A deposit amount that is returned to a rentee or owed by the rentee is determined by a computer or individual based on a comparison of the documentation provided by the rentee and/or renter at the start of the rental period to the documentation that is provided the end of the rental period. The documentation provided by the rentee and renter is time-stamped and imprinted with geo-location information if it is available.
    Type: Grant
    Filed: October 19, 2010
    Date of Patent: December 12, 2017
    Assignee: Mousiki Inc.
    Inventor: Erik Ahroon
  • Patent number: 9830654
    Abstract: As market conditions descend or ascend an axis of prices, the display of market information is repositioned, at a pre-determined rate if desired, around an item of interest. An item of interest may include the best bid price, the best ask price, the inside market, a moving average, a last traded price, a theoretical value, the result of an equation, or some other item of interest to the trader. According to the present embodiments, market information may be displayed in a region relative to an axis of prices, and when an event occurs, a repositioning signal is initialized causing the axis to be repositioned such that the item of interest is positioned at a pre-determined location in the region. The price axis can be repositioned at a fixed rate or at a dynamically variable rate.
    Type: Grant
    Filed: August 7, 2014
    Date of Patent: November 28, 2017
    Assignee: Trading Technologies International, Inc.
    Inventor: Brian J. Buck
  • Patent number: 9799029
    Abstract: The present invention is generally directed to securely receiving data input at a computing device without storing the data locally. The invention allows an application, such as a mobile app, to receive payment information (e.g. credit card information) directly from a user without requiring the application to comply with the PA DSS or another standard. The application can employ any type of user interface for receiving user input as well as one or more overlaid input fields that receive sensitive payment information. The overlaid input fields can be part of a web page or other interface that can securely submit data to a remote computer system (e.g. a server) where it can be stored, processed, or transmitted in accordance with the PCI DSS. In this way, the sensitive payment information (or another type of information) is not stored, processed, or transmitted by the application on the local device.
    Type: Grant
    Filed: December 31, 2012
    Date of Patent: October 24, 2017
    Assignee: Zukunftware, LLC
    Inventor: Volker Neuwirth
  • Patent number: 9799072
    Abstract: An enhanced system and method for executing options trades are disclosed. The order book and quote book are maintained separately to make quote and order processing more efficient, but the order book and quote book are integrated, as needed, to determine the marketability of incoming quotes and, where necessary, so that incoming quotes can execute against resting quotes or orders.
    Type: Grant
    Filed: July 24, 2007
    Date of Patent: October 24, 2017
    Assignee: NYSE Group, Inc.
    Inventors: Thomas Haller, Mario Jimenez
  • Patent number: 9508073
    Abstract: Configuring a shareable widget interface to mobile wallet functions includes disposing a wallet module in a memory of a client device, and disposing a wallet companion applet in a secure element accessible by the client device, wherein the wallet companion applet facilitates access by at least one other applet and at least one wallet module to content that is stored in the secure element via a mobile wallet function sharable interface.
    Type: Grant
    Filed: January 14, 2014
    Date of Patent: November 29, 2016
    Assignee: MasterCard Mobile Transactions Solutions, Inc.
    Inventors: Mehul Desai, Satyan G. Pitroda, Nehal Maniar
  • Patent number: 9454758
    Abstract: Configuring a plurality of security isolated wallet containers on a single mobile device includes configuring at least one mobile transaction platform-specific application programming interface for facilitating access to secure mobile transaction platform resources by a wallet container executing on a mobile device; disposing a plurality of distinct wallet containers in a memory of the mobile device, wherein each wallet container interfaces with secure mobile transaction platform resources via the at least one application programming interface; disposing at least one service provider-specific wallet in each of the plurality of distinct wallet containers; and enforcing service-provider specific wallet security by a distinct wallet container accessing a portion of the secure mobile transaction platform resources via the at least one application programming interface.
    Type: Grant
    Filed: January 14, 2014
    Date of Patent: September 27, 2016
    Assignee: MasterCard Mobile Transactions Solutions, Inc.
    Inventors: Mehul Desai, Satyan G. Pitroda, Nehal Maniar
  • Patent number: 8831988
    Abstract: As market conditions descend or ascend an axis of prices, the display of market information is repositioned, at a pre-determined rate if desired, around an item of interest. An item of interest may include the best bid price, the best ask price, the inside market, a moving average, a last traded price, a theoretical value, the result of an equation, or some other item of interest to the trader. According to the present embodiments, market information may be displayed in a region relative to an axis of prices, and when an event occurs, a repositioning signal is initialized causing the axis to be repositioned such that the item of interest is positioned at a pre-determined location in the region. The price axis can be repositioned at a fixed rate or at a dynamically variable rate.
    Type: Grant
    Filed: August 13, 2012
    Date of Patent: September 9, 2014
    Assignee: Trading Technologies International, Inc.
    Inventor: Brian J. Buck
  • Patent number: 8818890
    Abstract: According to one embodiment, a method of managing trading is provided. A first offer for a particular instrument in a particular market is received from a first market maker at a first offer price. A first bid for the same particular instrument in the same particular market is received from a second market maker at a first bid price, the first bid price being higher than or equal to the first offer price. As a result of the first bid price being higher than or equal to the first offer price, the first offer price is automatically increased to a price higher than the first bid price such that a trade is not executed between the first offer and the first bid. In some embodiments, such method may be used to protect market makers from unwanted trades caused by inherent latency in the market makers' pricing engines and/or networks.
    Type: Grant
    Filed: June 11, 2012
    Date of Patent: August 26, 2014
    Assignee: BGC Partners, Inc.
    Inventors: Nigel J Renton, Michael Sweeting
  • Patent number: 8812330
    Abstract: A system and method for calculating and applying insurance costs. For vehicle insurance under one embodiment of the present invention, insurance costs are calculated on a per-mile basis in a nonlinear fashion, assigning different levels of risk based upon the distance driven by a customer. In one embodiment of the present invention, the first miles or kilometers driven by a customer are assigned a greater level of risk than later-driven miles or kilometers. The present invention provides an actuarial method that more closely conforms the cost of insurance for a particular vehicle to its annual mileage by creating a Rate Per Mile Factor (RMF), where the RMF is expressed as a function of annual mileage.
    Type: Grant
    Filed: September 11, 2012
    Date of Patent: August 19, 2014
    Assignee: Allstate Insurance Company
    Inventors: Frederick F. Cripe, Stephen Fiete
  • Patent number: 8788397
    Abstract: In electronic trading venues, there may be orders for which the full information is not publicly displayed. For example, the full quantity of an order available for trading or the most aggressive price at which an order can be traded may not be made public. A system and method are disclosed that facilitates trading based on this non-public information. A first order associated with a financial instrument is placed at a venue to probe for non-public information related to the financial instrument. The results of the probe may then be used to place a second order at the venue that takes advantage of any discovered non-public information.
    Type: Grant
    Filed: December 22, 2011
    Date of Patent: July 22, 2014
    Assignee: Bloomberg Finance L.P.
    Inventors: Eric Berger, Christopher James Hodder, David Klein
  • Patent number: 8719141
    Abstract: The present invention includes a method and system for trading goods and services through recurring auctions. Recurring auctions are increasingly popular form of markets for perishable and time-sensitive resources. Traditional auctions strive to motivate bidders to bid their true valuation of the resources traded. Yet, when successful, they also quickly divide the recurring auction bidders into permanent winners and permanent losers. The latter have no incentive to stay in the market, so they leave, decreasing the competitive pressure and depressing pricing. The present invention introduces a novel winner selection method to maintain customers' interest in auction participation that employs participant retention mechanism in assigning traded resources to bidders. The winners are selected from a wider range of bidder ranks than in traditional auction mechanisms.
    Type: Grant
    Filed: October 25, 2005
    Date of Patent: May 6, 2014
    Assignee: Optimaret, Inc.
    Inventors: Juong-Sik Lee, Boleslaw Karol Szymanski
  • Patent number: 8694405
    Abstract: System and method of visual representation of stock exchange transactions which provide additional information for traders when it comes to taking buy/sell decisions for stocks, being oriented towards electronic stock exchange transactions. Specifically, the present invention is aimed at tools for trading of products that can be traded in terms of quantities and/or prices. The method is based on labeling each transaction with a label selected from between initiated buy transaction, when the execution price is equal to or greater than the sell limit price registered in the first sell level of the order book, and initiated sell transaction, when the execution price is equal to or lower than the buy limit price registered in the first buy level of the order book.
    Type: Grant
    Filed: January 21, 2010
    Date of Patent: April 8, 2014
    Assignee: Visual Trader Systems, S.L.
    Inventor: José Antonio Parga Landa
  • Patent number: 8694427
    Abstract: A number of memory spaces are defined for a memory structure. Transaction data is received, and financial transactions are scored based on the transaction data to generate a batch of scores for the financial transactions. A score range is divided into k bins, each of the k bins representing one memory space of the memory spaces of the memory structure. The batch of scores are aggregated by storing a count of each score in a memory space, and a percentile is computed for each score in the batch of scores based on a set of values associated with each score. Each new financial transaction is scored to generate a new score, and a new percentile is assigned to the new score according to the set of values. The new percentile is then translated to a calibration score with fixed percentile characteristics according to a fixed reference curve.
    Type: Grant
    Filed: October 23, 2012
    Date of Patent: April 8, 2014
    Assignee: Fair Isaac Corporation
    Inventors: Sridhar Maddipati, Scott Michael Zoldi
  • Patent number: 8635103
    Abstract: Methods, systems, and apparatus, including computer program products, in which one or more webpages are identified based on one or more signals associated with an advertisement, a content of each of the webpages, and a property associated with the advertisement, and a performance measure is determined for the advertisement for each of the webpages. An auction score is calculated for the advertisement for each of the webpages based on the performance measure and a bid associated with the advertisement.
    Type: Grant
    Filed: March 11, 2008
    Date of Patent: January 21, 2014
    Assignee: Google Inc.
    Inventors: Gregory S. West, Leon Chih Wen Wong, Matthew C. Cary
  • Patent number: 8612267
    Abstract: A computerized method of allowing insurance customers to purchase travel medical insurance or other foreign medical insurance, based on user age, sex, and various user designed risk scenarios, and receive information on the payout amounts that various insurance plans will deliver based upon these factors. In one embodiment, a method for allowing customers who are unfamiliar with the medical cost structure of a foreign country to be informed both as to the costs of medical treatment in that country, and the benefits that a variety of foreign coverage medical insurance plans will provide under these user risk scenarios. These plans may then be evaluated according to different user selected parameters. The method can be implemented using computerized servers and client devices communicating using standard internet protocols over the internet.
    Type: Grant
    Filed: September 26, 2012
    Date of Patent: December 17, 2013
    Assignee: Maxn Systems, Inc.
    Inventor: Rajeev Shrivastava
  • Patent number: 8515850
    Abstract: The system and method described herein may be used to forecast realized volatility via wavelets and non-linear dynamics. In particular, a volatility time series that includes daily volatility values associated with a security may be decomposed into wavelets via multi-resolution analysis and dynamical properties associated with the individual wavelets may be analyzed to identify deterministic and non-deterministic wavelets and produce a volatility forecast derived from a fit computed on the deterministic wavelets. For example, the wavelets may be analyzed to discover time delay, Theiler, and embedding dimension values associated therewith, which may be used to project volatility values associated with each wavelet. The projected volatility values associated with each wavelet may then be summed to produce a volatility forecast associated with the security.
    Type: Grant
    Filed: August 29, 2011
    Date of Patent: August 20, 2013
    Assignee: Thomson Reuters Global Resources (TRGR)
    Inventors: Andrew Clark, Jeff Kenyon