Patents Examined by Siegfried E. Chencinski
  • Patent number: 8924277
    Abstract: A securities transaction, such as a buy or sell order is transmitted to a securities exchange with an indicator requesting automatic execution. In one embodiment, the securities transaction has a limit price and if the limit price is equal to or better than the current quote for the security on the exchange, the transaction is automatically executed without exposing the transaction to the auction market crowd on the exchange floor for possible price improvement. In another embodiment, the securities transaction is a market order, and if otherwise eligible, the transaction is automatically executed without exposing the transaction to auction market crowd on the exchange floor for possible price improvement.
    Type: Grant
    Filed: August 15, 2001
    Date of Patent: December 30, 2014
    Assignee: NYSE Group, Inc.
    Inventors: Anne E. Allen, Paul N. Desroches
  • Patent number: 8924246
    Abstract: Systems and methods are provided for mobile payments. A financial institution may offer an electronic prepaid card of a merchant for sale to holders of Demand Deposit Accounts (DDA) and/or Line of Credit Account and/or Loan Account. The card may be provided in electronic form that may be scanned off the account holder's mobile device or by the device. When the account holder purchases the prepaid card, the financial institution may perform a real-time check whether the account holder has sufficient funds. If funds are sufficient, a transfer may be performed from the account holder's account to a holding account of another party at the same financial institution via ON-US transfer. The time duration between prepaid card purchase and its redemption can be so short that the purchaser does not feel the prepay process behind the scene.
    Type: Grant
    Filed: December 18, 2012
    Date of Patent: December 30, 2014
    Assignee: MShift Inc.
    Inventors: Jeffrey Chen, Xiaomeng Zhou, Alan Finke, John Eric Buchbinder, Scott Moeller, Robert Officer
  • Patent number: 8799114
    Abstract: This invention provides for a method of (or apparatus for) facilitating the display of items of multiple transaction types in a commingled listing. The display of items of multiple transaction types in a commingled listing may include items which are being offered by a specific Seller at a network based commerce facility.
    Type: Grant
    Filed: September 15, 2012
    Date of Patent: August 5, 2014
    Assignee: eBay Inc.
    Inventors: Steve Grove, Steve Yan, Rashid Aidun, Premendra Singh, S. N. Rajesh, Preeti Somani, Kevin Cooney
  • Patent number: 8793185
    Abstract: A method facilitating secure financial transactions using email is presented comprising the steps of receiving bill data at a server implementing the method, and generating an email message to a recipient with information including at least a portion of the received bill data. The amount of bill data included in the email message is based, at least in part, on the email address of the recipient.
    Type: Grant
    Filed: August 16, 2001
    Date of Patent: July 29, 2014
    Assignee: Microsoft Corporation
    Inventors: Ian V. Hollier, Michael L. Waterston
  • Patent number: 8781931
    Abstract: A computer system, computer-implemented method, and program product for managing a plurality of client transaction accounts associated with a plurality of respective clients for a plurality of transactions, the system comprising: one or more configured to perform the steps: administering clients' deposits/transfers to and withdrawals/transfers from client transaction accounts; performing the following steps for each client transaction account, i, of a plurality of client transaction accounts: determining a client available deposit amount, Di, comprising funds to be distributed over Ni respective banks in the program; determining, for Di, a value of Ni banks for the respective client transaction account, wherein Ni is a whole number and (X) times (Ni) is equal to or less than 100, where X is a distribution percent value to be distributed to each of the Ni banks; allocating, the percentage, X, multiplied by the respective client available deposit amount, Di, calculating, for each bank of a plurality of the bank
    Type: Grant
    Filed: December 15, 2009
    Date of Patent: July 15, 2014
    Assignee: Island Intellectual Property LLC
    Inventors: Bruce Bent, Bruce Bent, II, Rebecca Gareis Bent, David Edgar Gareis
  • Patent number: 8762246
    Abstract: A computer-implemented system and method for managing collateral allocations associated with Tri-Party repurchasing agreements and a collateral allocation system includes one or more processors and memory/database configured to store user-definable rulesets and collateral characteristics relating to the Tri-Party repurchasing agreements. A collateral allocation module recalls collateral from the Tri-Party repurchasing agreements to a common Dealer Box, and reallocates the collateral to the Tri-Party repurchasing agreements utilizing a self organizing map, so as to minimize margins to reduce over-collateralization and/or undercollateralization. Other considerations, such as basket identifiers and cost of carry considerations may be weighed in the reallocation as well.
    Type: Grant
    Filed: January 31, 2012
    Date of Patent: June 24, 2014
    Assignee: The Bank of New York Mellon
    Inventors: Brian Blank, Bryan Chan
  • Patent number: 8732090
    Abstract: Managing spend compliance may include receiving a set of spend transaction records containing one or more spend attributes, one or more compliance business rules and one or more investment scenarios that increase spend compliance. The compliance business rules may be applied to the transaction records and segments of transactions with predetermined high savings opportunities may be determined. A prioritized investment plan over one or more time periods that yield optimized return on investment may be generated based on applying the segments of transactions and the investment scenarios.
    Type: Grant
    Filed: December 29, 2011
    Date of Patent: May 20, 2014
    Assignee: International Business Machines Corporation
    Inventors: Pawan R. Chowdhary, Amit Dhurandhar, Markus R. Ettl, Soumyadip Ghosh, Bruce C. Graves, William S. Schaefer, Karthik Sourirajan, Yu Tang
  • Patent number: 8706597
    Abstract: A system for inputting a forecast and/or a risk priority and displaying an associated strategy for a trading system comprises a processor and a memory. The processor is configured to receive an indication of a forecast for an underlying investment and/or an indication of a risk priority. The processor is configured to display and/or cause the display of the probability band and/or a list of risk priorities. The processor is further configured to determine a probability band based at least in part on the forecast and display or cause a display of one or more strategies compatible with the forecast or to determine an ordered list of risk priorities and display or cause a display of one or more strategies compatible with the ordered list. The memory is coupled to the processor and configured to provide the processor with instructions.
    Type: Grant
    Filed: December 21, 2009
    Date of Patent: April 22, 2014
    Assignee: tradeMONSTER Group, Inc.
    Inventor: Aric Forsythe
  • Patent number: 8688559
    Abstract: Methods, systems, computer programs are described that provide for presenting investment-related information in conjunction with display of a live video stream that includes the related publicly traded or privately held business entity or an object associated with the business entity. Business entities or the objects associated with the business entities that are proximate to a mobile communication device may be identified via object recognition techniques, product codes, wireless communication, location determination or the like. Once the business entities or objects have been identified, the related investment information is retrieved and indicators are displayed in the live video stream proximate to the display of the business entity or an object associated with the business entity.
    Type: Grant
    Filed: January 1, 2012
    Date of Patent: April 1, 2014
    Assignee: Bank of America Corporation
    Inventors: Matthew A. Calman, Erik Stephen Ross, Alfred Hamilton
  • Patent number: 8671070
    Abstract: In one example, when a user reads content on a web browser, the content may contain information about companies, and may suggest, to the user, various financial transactions to be performed with respect to those companies. For example, the user may want to react to financial news about a company by buying or selling stock in the company. A software component (e.g., a browser plug-in) may be used to evaluate content that the user is reading, and to display a user interface that allows the user to perform financial transactions based on the content. For example, if the user reads a news article about a company, the software component may display an interface that shows the ticker symbol of the company's stock and allows the user to initiate a transaction to buy or sell that stock.
    Type: Grant
    Filed: March 4, 2009
    Date of Patent: March 11, 2014
    Assignee: United Services Automobile Association (USAA)
    Inventor: Teddy Joseph Edmund Voutour
  • Patent number: 8671046
    Abstract: A system for buying and selling click-through traffic from a seller's web site employs an intermediary web site for conducting a multi-buyer pre-bidding trial of click through traffic so that a plurality of interested buyers can see for themselves what level and quality of traffic is generated to their webs sites. The trial is conducted with each buyer in turn during a trial period prior to opening bidding by the interested buyers for click through traffic from the seller's web site. The trial is conducted by placing a trial link on the seller's web site to the intermediary web site which links to each buyer's web site in turn during the trial period. The intermediary web site measures the click-through traffic during the trial process, so that the participating buyers are informed in real time of the actual performance of click-through traffic.
    Type: Grant
    Filed: March 7, 2002
    Date of Patent: March 11, 2014
    Inventors: Miodrag Kostic, Guy Vandevelde
  • Patent number: 8666870
    Abstract: Methods and systems for supply chain management in accordance with a state model. A supply chain management system includes a transaction state module within an inter-enterprise server assessable by trading partners. The transaction state module can define a state model which allows a trading partner to view a transaction and perform an action in accordance with a state of the transaction. The state model describes, in association with each state, which of the trading partners have visibility to the transaction and ability to perform an action. The trading partners can include consumers, retailers, distributors, etc. The transactions can include a forecast order, a purchase order, a billing, a product shipment, a payment, an invoice, a credit memo, a request for quote (RFQ), and a return material authorization (RMA). States of the transaction can include, for example, create, open, public view, private view, publish, commit, cancel, supersede, and the like.
    Type: Grant
    Filed: March 8, 2006
    Date of Patent: March 4, 2014
    Assignee: JDA Software Group, Inc.
    Inventor: Dimitar Gueorguiev Kostov
  • Patent number: 8660949
    Abstract: In accordance with aspects of the disclosure, a system and methods are provided for managing working capital by scheduling payments to be paid for accounts payable based on payments received for accounts receivable relative to one or more time intervals while maintaining a predetermined working capital reserve threshold. The systems and methods may include calculating accounts receivable patterns for each customer to determine a confidence level in receiving payments from each customer within the one or more time intervals, generating one or more potential payment schemes for each vendor, and generating a payment schedule for accounts payable for each vendor within the one or more time intervals based on the determined confidence level for each customer and the one or more potential payment schemes for each vendor while maintaining the predetermined working capital reserve threshold.
    Type: Grant
    Filed: January 18, 2012
    Date of Patent: February 25, 2014
    Assignee: SAP AG
    Inventors: Wen-Syan Li, Yu Cheng
  • Patent number: 8655718
    Abstract: A system for monetization of content includes a storage device for storage and retrieval of data, and a library of content and advertisements stored within the storage device. The library comprises an organizational structure for facilitating the storage and retrieval. The system also includes a monetization engine for identifying within the library a first content item having a first monetizable feature. The system is configured for selecting a second content item from several content items within the library, and associating the second content item to the first content item by using the first monetizable feature for presentation of the second content item in conjunction with the first content item. Further embodiments include various additional systems, methods, and computer readable media for implementation of the foregoing.
    Type: Grant
    Filed: December 18, 2007
    Date of Patent: February 18, 2014
    Assignee: Yahoo! Inc.
    Inventors: Athellina Athsani, Chris Higgins, Joseph O'Sullivan, Marc Davis, Ron Martinez
  • Patent number: 8650108
    Abstract: Systems and methods for prioritizing multiple funding requests within an enterprise are provided. Aspects of the invention may be used in enterprises where separate departments or groups within the enterprise have differing goals. It often is beneficial to ensure that funded projects within the various departments do not deviate from the enterprise's core goals, such that the enterprise suffers from profit erosion and/or an undue risk. In one aspect, novel methods provide a segment score to prioritize different projects in the context of the enterprise's risk, strategy, and finance goals. In another aspect, a computer-readable medium may be used to execute computer-readable instructions for prioritizing multiple projects in view of the enterprise's goals.
    Type: Grant
    Filed: July 29, 2008
    Date of Patent: February 11, 2014
    Assignee: Bank of America Corporation
    Inventors: Dorene S. Schram, Rena Lauren Murphy, Kathy L. Angell, Catharine Phillips Train, Robert James McDonald
  • Patent number: 8645002
    Abstract: The present invention provides a system and method for facilitating and monitoring provisioning of wireless communication devices. Wireless devices are provided to an end user in an unconfigured state, capable of being configured for operation using one or more communication protocols. Upon receipt and validation of a provisioning request by the wireless device, for example by a server, the wireless device is securely provisioned for operation with a wireless service provider. Provisioning activities are monitored and information is generated in response to provisioning events, for example via a database. Portions of the information are made available to one or more wireless service providers or parties providing enabling technology of the wireless device. Such reports may be used to facilitate revenue agreements between various parties involved in providing and servicing the wireless device.
    Type: Grant
    Filed: July 6, 2009
    Date of Patent: February 4, 2014
    Assignee: NETGEAR, Inc.
    Inventors: Ross Gray, Andrew Mitchell, Iulian Mocanu, Riley Hoyt
  • Patent number: 8645197
    Abstract: The invention provides a method of facilitating contact between a consumer and a requesting entity, with the method comprising the following steps. During an interaction with the consumer, the method of the invention obtains contact information and index information from the consumer. The method then evaluates whether the consumer meets a selection criterion specified by the requesting entity using the indexing information. A data store entry associated with the consumer can be updated with the contact information. The contact information is then referred to the requesting entity thereby providing the requesting entity with up-to-date contact information.
    Type: Grant
    Filed: September 12, 2012
    Date of Patent: February 4, 2014
    Assignee: West Corporation
    Inventors: Michael A. Micek, Thomas B. Barker
  • Patent number: 8639617
    Abstract: Forecasting frequencies associated with future loss and loss distributions for individual risks associated with operating units, each which have a measurable liability exposure, is accomplished via independently operated liability risk drivers. The frequencies associated with future loss and loss distributions are also forecasted for an automated operation of a loss resolving unit via a control unit controller. When a loss occurs at a loss unit, measure parameters are measured and transmitted to the control unit controller. The control unit controller dynamically assigns the measure parameters to the liability risk drivers and tunes the operation of the loss resolving unit by resolving the loss via the loss resolving unit.
    Type: Grant
    Filed: December 2, 2011
    Date of Patent: January 28, 2014
    Assignee: Swiss Reinsurance Company, Ltd.
    Inventors: Filippo Salghetti, Salomon Billeter, Christophe Aebischer
  • Patent number: 8635101
    Abstract: A method for providing financial management and planning in an electronic device according to various exemplary embodiments can include using a faith-based rules database to determine a financial and life purposed plan for a user; draft a vision statement for the user based on the financial and life purposed plan; establish personal goals and priorities based on the vision statement for the user; compile financial statement and reports for the user based on financial data of the user; generate a stewardship evaluation report that provides an analysis of management of finances by the user based on faith-based financial management rules and the purposed plan; develop financial plans for the user based on results of the stewardship evaluation report; prepare a spending and savings plan for the user to facilitate the financial plans; and iteratively monitoring and revising the steps of determining, drafting, establishing, compiling, generating, developing and preparing financial plans.
    Type: Grant
    Filed: July 21, 2008
    Date of Patent: January 21, 2014
    Inventor: Daphne A. Wright
  • Patent number: 8626645
    Abstract: Some embodiments disclosed herein are directed to systems and methods for assessing mortgage lender and broker compliance. The systems and methods may receive loan pricing data, underwriting data, and/or borrower data from mortgage brokers and/or lenders, reconstruct the underwriting processes performed by lenders and brokers, and monitor many aspects of these processes. The reconstructed results may then be compared to the actual results to detect potential non-compliance of laws and/or regulations, including the practice of upstreaming and/or downstreaming. Because some embodiments of the invention greatly enhance the monitoring capability of mortgage regulators, they would motivate mortgage lenders and brokers to better conform their underwriting practice to existing laws and regulations.
    Type: Grant
    Filed: January 14, 2010
    Date of Patent: January 7, 2014
    Assignee: Mortagage Grader, Inc.
    Inventor: Jeffrey M. Lazerson