Patents Examined by Olabode Akintola
  • Patent number: 10269054
    Abstract: A computer system and method for automating and facilitating the home sale, mortgage origination, and settlement process, and the home mortgage refinancing origination and settlement process, over a geographically distributed computing network are disclosed. The system and method also allows a home buyer to search for homes offered for sale by a plurality of sellers and, using the home data conforming to the buyer purchase criteria and buyer data, search for loan pricing information for loans from a plurality of lenders, loan pricing information for a plurality of loan types, or both. The system and method then uses this information to process the sale transaction.
    Type: Grant
    Filed: June 27, 2018
    Date of Patent: April 23, 2019
    Inventor: Neil Thomas
  • Patent number: 10269068
    Abstract: A method for responding to order flow is disclosed. The method comprises establishing for a market maker a rule for automatically generating a contra order in response to an order. The rule comprises at least one condition comprising at least one characteristic describing the order. The at least one condition allowing matching based on a security in the order is in a security list specified by the market maker. The method further comprises receiving from a trader the order; matching on the computer the order to the at least one condition of the rule; automatically generating the contra order in response to the order, if the rule is satisfied; and providing the contra order for acceptance.
    Type: Grant
    Filed: July 28, 2014
    Date of Patent: April 23, 2019
    Inventors: Roy S. Neff, Richard B. Himmelstein
  • Patent number: 10235661
    Abstract: Systems and methods for transferring money to a bank account are provided. Transactional information, which includes information on a bank account that is to receive the money, may be transmitted to a host computer system from a point of sale device. The transaction information may be stored at the host computer system. At least some of the transaction information may be sent to an intermediary computer system that is configured to interact with a plurality of banking networks in different countries. The intermediary computer system may also determine which one of the banking networks is associated with the bank account that is to receive the money. A request may be transmitted from the intermediary computer network to a local banking network and includes information on the bank account that is to receive the money and an amount of money to deposit. The bank account may then be credited.
    Type: Grant
    Filed: April 29, 2014
    Date of Patent: March 19, 2019
    Assignee: The Western Union Company
    Inventors: Michael J. Michelsen, Dan Canning, Roberto Ochoa, Rodolfo Zavaleta, Rodrigo Sada
  • Patent number: 10229411
    Abstract: Fraud analysis for a location aware transaction is disclosed. Location information can be associated with historical fraud events. A location of user equipment can be analyzed against historical fraud information associated with the location to facilitate determination of a fraud factor value. The fraud factor value can reflect a determination related to a likelihood of fraud occurring in an instant transaction based on the historic fraud events proximate to the location. The determination can be based on fraud rules. Further aspects provide for abstraction of the fraud factor to limit exposure of personal information associated with wireless carrier subscribers in fraud analysis for a location aware transaction.
    Type: Grant
    Filed: May 5, 2015
    Date of Patent: March 12, 2019
    Assignee: AT&T MOBILITY II LLC
    Inventors: Sheldon Meredith, Mark Austin, John Pastore
  • Patent number: 10223748
    Abstract: Embodiments of the present disclosure relate to a data analysis system that may automatically generate memory-efficient clustered data structures, automatically analyze those clustered data structures, automatically tag and group those clustered data structures, and provide results of the automated analysis and grouping in an optimized way to an analyst. The automated analysis of the clustered data structures (also referred to herein as data clusters) may include an automated application of various criteria, rules, indicators, or scenarios so as to generate scores, reports, alerts, or conclusions that the analyst may quickly and efficiently use to evaluate the groups of data clusters.
    Type: Grant
    Filed: August 17, 2016
    Date of Patent: March 5, 2019
    Assignee: Palantir Technologies Inc.
    Inventors: Sean Hunter, Aditya Kumar, Jacob Albertson
  • Patent number: 10223747
    Abstract: Systems and methods are provided to control gaming in electronic trading markets. These systems and methods alleviate the problem of a seller or buyer trying to act on a trader's original bid or offer only to trade at an unfavorable level after the trader changes the bid or offer. A pricing method suspends trading for a period of time if a price difference between two bids or offers by the same trader is too great. A timing method prevents a trader from canceling or replacing a bid or offer for a period of time. These methods provide a more fair and efficient way of executing electronic trades.
    Type: Grant
    Filed: May 23, 2014
    Date of Patent: March 5, 2019
    Assignee: BGC PARTNERS, INC.
    Inventors: Andrew C. Gilbert, Andrew Stergiopoulos, William P. Tselepis
  • Patent number: 10210519
    Abstract: In one embodiment, accessing information associated with a financial activity conducted by a user who belongs to a social network; determining one or more social connections of the user within the social network; and determining legitimacy of the user using the information in connection with the financial activity based on the one or more social connections of the user.
    Type: Grant
    Filed: August 6, 2012
    Date of Patent: February 19, 2019
    Assignee: Facebook, Inc.
    Inventors: Pierpaolo Abbatiello, Koi Kit Loh
  • Patent number: 10192265
    Abstract: A method for implementing a dynamic financial statement may include generating and dynamically updating a financial statement for a consumer based on the receipt of consumer-related information from the consumer or other entities. A database of updated dynamic financial statements may be queried by external systems such as the consumer's or another entity's computer for statements that satisfy one or more criteria. One or more computer systems may create and deliver offers to consumers corresponding to the statements satisfying the query. Those offers may invoke dynamic pricing, e.g., better pricing may be offered to those consumers as compared to consumers that don't satisfy the queried details. Those offers alternatively may invoke collaborative or group pricing, i.e., a certain price may be available if enough consumers accept the offer.
    Type: Grant
    Filed: March 11, 2013
    Date of Patent: January 29, 2019
    Assignee: H.O.M.E. Mortgage Card, LLC
    Inventor: Philip Carragher
  • Patent number: 10185936
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (Web Broker), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The Web Broker is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a Web Broker enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent Web Broker enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Grant
    Filed: June 21, 2001
    Date of Patent: January 22, 2019
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 10176489
    Abstract: A transaction is conducted at a merchant location using redeemed loyalty points maintained in a loyalty point account for a customer. The transactions are conducted using a mobile device at a POS terminal. In response to receiving a customer ID from the mobile device, a loyalty server provides the monetary value of loyalty points. The customer may use the mobile device to redeem those points and have the value transferred into a financial account. A payment processing system connected to the POS terminal completes the transaction using the financial account.
    Type: Grant
    Filed: August 21, 2014
    Date of Patent: January 8, 2019
    Assignee: First Data Corporation
    Inventors: Todd Nuzum, Brian Friedman, Virginia G. Sayor
  • Patent number: 10163081
    Abstract: A method for automatically collecting payment for a credit account includes determining if a credit account is delinquent and determining the number of days the credit account is delinquent. The method includes automatically collecting a first amount from a first account if the number of days the credit account is delinquent comprises at least a first number of days and crediting the credit account the first amount. The first account may comprise a checking account, and the first number of days may comprise twenty days.
    Type: Grant
    Filed: May 19, 2014
    Date of Patent: December 25, 2018
    Assignee: Capital One Financial Corporation
    Inventors: Charles A. Rosenblatt, Tyler C. Hobbs, Frank L. Rotman
  • Patent number: 10163101
    Abstract: The present invention is directed to a transaction network that facilitates and simplifies purchase transactions between any number of customers and any number of merchants. The transaction network is primarily utilized in the sale and purchase of digital content via a network such as the Internet. The transaction network registers and authenticates customer purchase activities and maintains customer account data including payment information. Once registered, a customer will generally not register again for further purchase activities at participating merchant sites. Additionally, the transaction network provides a single, central authentication mechanism for all participating merchant sites using a single customer identifier and password. Further, the transaction network accumulates purchase information across all of the merchant sites and the ultimate payment processing of those purchase transactions.
    Type: Grant
    Filed: December 3, 2014
    Date of Patent: December 25, 2018
    Inventors: Michael P. Cockrill, William K. Bryant, D. Chase Franklin, Mark H. McNeely, Timothy J. Ryan, Andrew P. Sweet, Steven J. Siadek, Ronald R. Faith, J. Mark Goris, Thor A. Malek
  • Patent number: 10134043
    Abstract: Systems and methods for wirelessly accessing a network are set forth in this disclosure. Specifically, this disclosure sets forth systems and methods for using advertising to regulate wireless access to a network.
    Type: Grant
    Filed: August 13, 2007
    Date of Patent: November 20, 2018
    Assignee: EXCALIBUR IP, LLC
    Inventor: Alwin Chan
  • Patent number: 10115162
    Abstract: A system of optimizing a target result receives, by a client input server, a target result from a user, where the target result comprises at least one of a goal, and a statistical probability that the target result is achievable, and where the target result is to be achieved during a time period. The system compiles, by an output server, an interactive strategy comprising a timeline to achieve the target result. The system optimizes at least a portion of the interactive strategy by modeling at least one future performance model associated with the target result, and determining an optimal strategy for the target result comprising a target result value. The system renders the optimized interactive strategy, the statistical probability, and the target result for the user on a real-time interactive display, where the statistical probability is predictive of achieving the target results.
    Type: Grant
    Filed: May 10, 2017
    Date of Patent: October 30, 2018
    Inventor: Bror Frederik Karlsson
  • Patent number: 10115108
    Abstract: Techniques of identifying fraud detection rule strength involve varying the rendering of a graph from transaction data. Along these lines, a rules server computer provides a general graph from a group of transaction entries defining a group of fraudulent and authentic transactions on an electronic display. A user defines selection criteria that the rules server computer applies to the group of transaction entries to generate a subgroup of transaction entries. From the subgroup of transaction entries, the rules server computer provides a focused graph on the electronic display from the subgroup of transaction entries defining a subgroup of the group of fraudulent and authentic transactions. A ratio of the number of fraudulent transactions to the number of authentic transactions represented in the focused graph identifies the strength of the selection criteria for use in a fraud detection rule.
    Type: Grant
    Filed: March 29, 2016
    Date of Patent: October 30, 2018
    Assignee: EMC IP Holding Company LLC
    Inventors: Anatoly Gendelev, Alex Zaslavsky, Kineret Raviv, Eyal Kolman, Alma Zohar
  • Patent number: 10089378
    Abstract: Assets or the locations where assets may appear are monitored. If a new asset appears within a monitored location or if an existing asset is copied, modified, or moved, a decision is made as to whether to assign a new unique identifier or to assign a new version number to an existing unique identifier. The unique identifiers and version numbers are carried as metadata within the assets and optionally also stored separately within a data store.
    Type: Grant
    Filed: January 30, 2006
    Date of Patent: October 2, 2018
    Assignee: Adobe Systems Incorporated
    Inventors: Roger R. Webster, Jeremy A. Hall
  • Patent number: 10083483
    Abstract: Systems, method, apparatuses, and software are described for automatically detecting defects in financial transactions, automatically determining resolutions to the defects based on historical defect patterns, an interacting with customers to provide information and/or receive instructions regarding defects and how they should be resolved.
    Type: Grant
    Filed: January 9, 2013
    Date of Patent: September 25, 2018
    Assignee: Bank of America Corporation
    Inventors: Shiva-Sanjay Bhakta, Jeffrey R. Goertz, Kerry Michelle Cantley, Eric Dryer, James W. Stark, III, Mike Stoll, Tim Gauvin, Geoffrey R. Williams, Krishna Kota
  • Patent number: 9975172
    Abstract: A method and apparatus for real time preventative maintenance of a molding system. The molding system could be a metal molding system or a plastics molding system. The method and apparatus are capable for scheduling service, business billing and invoicing, parts management, a remote control of a molding system for assessing the need for preventative maintenance. The indication for preventative maintenance is based upon a real time operational status of the molding system.
    Type: Grant
    Filed: June 15, 2007
    Date of Patent: May 22, 2018
    Inventors: John Robert Galt, Bryan Phillips
  • Patent number: 9940673
    Abstract: The systems and methods described herein can identify meaningful relationships between variables, such as particular investments or general asset classes. Unlike conventional correlation analysis, these systems and methods provide an improved technique of comovement analysis that implements a threshold to eliminate data “noise” and then discretizes the remaining observations to normalize any outliers. Such comovement analysis has numerous advantages over known techniques for characterizing relationships between variables. In some embodiments, this improved comovement analysis can be used to calculate a covariance matrix for purposes of mean-variance optimized portfolio construction.
    Type: Grant
    Filed: August 30, 2013
    Date of Patent: April 10, 2018
    Inventor: Sander Gerber
  • Patent number: 9928545
    Abstract: Providing an account-based product. A communications portal is provided and consumer data is received via the portal. At least one derived characteristic, e.g., qualification, is determined contemporaneously from the consumer data. A product set is presented, via the portal, including at least one product determined at least in part by the derived characteristic. A selection from the product set is received via the portal, and at least one product feature, e.g., balance transfer, of at least one selected product is activated contemporaneous with the product selection.
    Type: Grant
    Filed: May 12, 2014
    Date of Patent: March 27, 2018
    Assignee: Citicorp Credit Services, Inc. (USA)
    Inventors: Belen Monasterio, Shari Gooen Diamond, Julie Furr, Mark Temares