Patents by Inventor Al Hecht
Al Hecht has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Patent number: 11501271Abstract: A computer-implemented method includes receiving, from a mobile device, a deposit request including a first check image for funds to be deposited into a user account, determining a risk level associated with the deposit request, requesting a second check image having a restricted endorsement based on the risk level, receiving the second check image having the restricted endorsement, determining a confidence level based on the restricted endorsement, and transferring the funds to the user account based on the confidence level.Type: GrantFiled: November 23, 2020Date of Patent: November 15, 2022Assignee: Wells Fargo Bank, N.A.Inventor: Al Hecht
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Patent number: 11429975Abstract: A computer system includes a token repository configured to store payment tokens, and a server system. The server system includes a processor and instructions stored in non-transitory machine-readable media, the instructions configured to cause the server system to receive a request to provision a payment token based on a financial product, wherein the request includes information related to the financial product, provision a payment token based on the token request, including authenticating the financial product based on the financial product information and generating the payment token upon authenticating the financial product, wherein the payment token is useable to make a payment via the financial product, and store the payment token in the token repository.Type: GrantFiled: March 25, 2016Date of Patent: August 30, 2022Assignee: Wells Fargo Bank, N.A.Inventors: Azita Asefi, Jorge Michirefe, Al Hecht, Steve Puffer, Peter Ho
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Patent number: 11328350Abstract: A provider computing system associated with a provider institution includes a network interface configured to communicate data over a network, and a processing circuit. The processing circuit is configured to receive, by the network interface, image data from a user computing device associated with a user, the image data pertaining to a bill of a user issued by a payee, extract a first structure of computer-readable data from the image data, associate a first payee identification parameter with the first structure, determine that the first structure is stored in association with a verified payee at a payee database based on the first payee identification parameter, and in response to determining that the first structure is stored in association with the verified payee, update an account of the user to enable the user to utilize the user computing device to authorize a payment to the payee.Type: GrantFiled: January 8, 2018Date of Patent: May 10, 2022Assignee: Wells Fargo Bank, N. A.Inventor: Al Hecht
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Patent number: 11232449Abstract: Systems and methods for authenticating parties and transactions are described herein. The systems and methods may be part of an information wallet system. The information wallet system or a separate authentication system in communication with the information wallet system may facilitate verification and/or authentication of the parties. In one embodiment, the authentication system includes an authentication server configured to receive an authentication request from a first party to authenticate a second party. The authentication server is further configured to transmit an information request the second party. The authentication server is configured to receive second party information and to configured to compare the second party information with a verified second party information. The authentication server is configured to transmit an authentication result to the first party device.Type: GrantFiled: May 22, 2018Date of Patent: January 25, 2022Assignee: Wells Fargo Bank, N.A.Inventor: Al Hecht
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Patent number: 11151570Abstract: A computer-implemented system and method receive information regarding a funds transfer from a payor to a payee. The information is received by a depository computer system. The depository computer system forwards the information regarding the funds transfer to an account verification service computer system. The depository receives an indication of a real time account status of an account of the payor. The account status information is received from a paying bank computer system that maintains the account of the payor via the account verification service computer system. Release of the funds to the payee is authorized based on the account status information received via the account verification service computer system. The authorization occurs in real time relative to when the funds transfer information is initially received.Type: GrantFiled: December 13, 2019Date of Patent: October 19, 2021Assignee: Wells Fargo Bank, N.A.Inventors: Al Hecht, Ann Kirk, Michael Miller, Karen Moore, Melanie Gipe
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Patent number: 11132690Abstract: A computer-implemented method performed by a processor of a financial institution computing system relates to providing a notification relating to a transaction event between an account holder and a merchant. Transaction data relating to the transaction event between the account holder and the merchant is received from the merchant. The transaction event is associated with a financial account of the account holder. A notification is defined based on the transaction data. The notification includes a trigger event and notification content, and relates to a follow-up event to be performed by the account holder with the merchant. Upon occurrence of the trigger event, the notification is transmitted to the account holder.Type: GrantFiled: June 19, 2015Date of Patent: September 28, 2021Assignee: Wells Fargo Bank, N.A.Inventors: Liesl Brown, Al Hecht, John Penacerrada
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Patent number: 11100571Abstract: A banking system for associating an authorized payee with a customer account is described. The system includes a network interface, a memory, and a processor. The processor is configured to receive image data relating to a bill issued by a payee from a customer device via the network interface. The processor is further configured to perform optical character recognition of the image data. The processor is configured to extract a plurality of blocks of text from the image data. The processor is further configured to compare a first block of text of the image data to a database of known payees, wherein the first block of text relates to a name of the payee. The processor is configured to identify the payee from the database of known payees. The processor is further configured to associate the payee with the customer account.Type: GrantFiled: June 9, 2015Date of Patent: August 24, 2021Assignee: Wells Fargo Bank, N.A.Inventor: Al Hecht
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Patent number: 10949816Abstract: A computer-implemented system and method receive information regarding a funds transfer from a payor to a payee. The information is received by a depository computer system. The depository computer system forwards the information regarding the funds transfer to an account verification service computer system. The depository receives an indication of a real time account status of an account of the payor. The account status information is received from a paying bank computer system that maintains the account of the payor via the account verification service computer system. Release of the funds to the payee is authorized based on the account status information received via the account verification service computer system. The authorization occurs in real time relative to when the funds transfer information is initially received.Type: GrantFiled: December 9, 2016Date of Patent: March 16, 2021Assignee: Wells Fargo Bank, N.A.Inventors: Al Hecht, Ann Kirk, Michael Miller, Karen Moore, Melanie Gipe
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Patent number: 10915937Abstract: Systems and methods for using an information wallet system to deliver a gift and receive, redeem, or re-gift the gift are disclosed. The information wallet system's storage is securely maintained by a financial institution computing system (i.e. a bank) and receives and holds purchase transaction information. Purchase information transaction may be received from a user computing device or an entity computing system, such as a merchant computing system. In one embodiment, a user may purchase a gift through an online website or at a brick and mortar location and direct the gift to be deposited into the information wallet storage of a recipient. A recipient may then continue to hold the gift, redeem the gift, or re-gift the gift to another party.Type: GrantFiled: August 12, 2019Date of Patent: February 9, 2021Assignee: Wells Fargo Bank, N.A.Inventor: Al Hecht
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Patent number: 10853777Abstract: A computer-implemented method includes receiving, from a mobile device, a deposit request including a first check image for funds to be deposited into a user account, determining a risk level associated with the deposit request, requesting a second check image having a restricted endorsement based on the risk level, receiving the second check image having the restricted endorsement, determining a confidence level based on the restricted endorsement, and transferring the funds to the user account based on the confidence level.Type: GrantFiled: December 27, 2016Date of Patent: December 1, 2020Assignee: Wells Fargo Bank, N.A.Inventor: Al Hecht
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Patent number: 10846667Abstract: A computer-implemented method includes receiving, from a mobile device, a deposit request including a first check image for funds to be deposited into a user account, determining a risk level associated with the deposit request, requesting a second check image having a restricted endorsement based on the risk level, receiving the second check image having the restricted endorsement, determining a confidence level based on the restricted endorsement, and transferring the funds to the user account based on the confidence level.Type: GrantFiled: September 25, 2014Date of Patent: November 24, 2020Assignee: Wells Fargo Bank, N.A.Inventor: Al Hecht
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Patent number: 10530646Abstract: An information wallet system includes an information wallet account associated with a user of the system, and a server having a memory and a processor. The processor is configured to receive user information from a user computing device, wherein the user information is related to a user of the information wallet account, determine, based on the user information, one or more user settings preferences related to a second computing device, receive an information request, wherein the information request includes a request to send the one or more user settings preferences to the second computing device, and to send the one or more user settings preferences to the second computing device, wherein the one or more user settings preferences are useable by the second computing device to adjust one or more settings of the second computing device.Type: GrantFiled: March 3, 2014Date of Patent: January 7, 2020Assignee: WELLS FARGO BANK, N.A.Inventor: Al Hecht
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Patent number: 10515368Abstract: A computer-implemented system and method receive information regarding a funds transfer from a payor to a payee. The information is received by a depository computer system. The depository computer system forwards the information regarding the funds transfer to an account verification service computer system. The depository receives an indication of a real time account status of an account of the payor. The account status information is received from a paying bank computer system that maintains the account of the payor via the account verification service computer system. Release of the funds to the payee is authorized based on the account status information received via the account verification service computer system. The authorization occurs in real time relative to when the funds transfer information is initially received.Type: GrantFiled: September 25, 2014Date of Patent: December 24, 2019Assignee: WELLS FARGO BANK, N.A.Inventors: Al Hecht, Ann Kirk, Michael Miller, Karen Moore, Melanie Gipe
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Patent number: 10387928Abstract: Systems and methods for using an information wallet system to deliver a gift and receive, redeem, or re-gift the gift are disclosed. The information wallet system's storage is securely maintained by a financial institution computing system (i.e. a bank) and receives and holds purchase transaction information. Purchase information transaction may be received from a user computing device or an entity computing system, such as a merchant computing system. In one embodiment, a user may purchase a gift through an online website or at a brick and mortar location and direct the gift to be deposited into the information wallet storage of a recipient. A recipient may then continue to hold the gift, redeem the gift, or re-gift the gift to another party.Type: GrantFiled: March 3, 2014Date of Patent: August 20, 2019Assignee: WELLS FARGO BANK, N.A.Inventor: Al Hecht
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Patent number: 10217108Abstract: A system includes an information wallet account associated with a user of the system, and a server having a memory and a processor. The processor is configured to receive a request for information, wherein the requested information is associated with the user, and retrieve a stored portion of the requested information from the information wallet account. If a portion of the requested information is not found within the information wallet account, the processor is configured to send a request for a remaining portion of the requested information to a user computing device of the user. The processor is also configured to send the requested information to an entity computing system associated with the entity as part of a transaction between the user and the entity, receive feedback from the entity computing system based on the transaction, and send an alert to the user computing system based on the feedback.Type: GrantFiled: March 3, 2014Date of Patent: February 26, 2019Assignee: WELLS FARGO BANK, N.A.Inventor: Al Hecht
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Patent number: 10055732Abstract: Systems and methods for authenticating parties and transactions are described herein. The systems and methods may be part of an information wallet system. The information wallet system or a separate authentication system in communication with the information wallet system may facilitate verification and/or authentication of the parties. In one embodiment, the authentication system includes an authentication server configured to receive an authentication request from a first party to authenticate a second party. The authentication server is further configured to transmit an information request the second party. The authentication server is configured to receive second party information and to configured to compare the second party information with a verified second party information. The authentication server is configured to transmit an authentication result to the first party device.Type: GrantFiled: March 3, 2014Date of Patent: August 21, 2018Assignee: WELLS FARGO BANK, N.A.Inventor: Al Hecht
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Patent number: 10037561Abstract: A system includes a processor and an information wallet application stored on machine readable storage media coupled to the processor and including program logic that causes the processor to receive a shopping list from a first information wallet adapter stored on a user computing device, send the shopping list to a second information wallet adapter stored on a merchant computing device, receive merchant data from the second information wallet adapter, wherein the merchant data includes one of price data and quantity data for at least one item included in the shopping list, and send the merchant data to the first information wallet adapter. The system also includes a cloud storage computing system accessible by the information wallet storage application and configured to communicate with the first and second information wallet adapters in order to store and retrieve shopping list data associated with the shopping list.Type: GrantFiled: March 3, 2014Date of Patent: July 31, 2018Assignee: WELLS FARGO BANK, N.A.Inventor: Al Hecht
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Publication number: 20160371689Abstract: A computer-implemented method performed by a processor of a financial institution computing system relates to providing a notification relating to a transaction event between an account holder and a merchant. Transaction data relating to the transaction event between the account holder and the merchant is received from the merchant. The transaction event is associated with a financial account of the account holder. A notification is defined based on the transaction data. The notification includes a trigger event and notification content, and relates to a follow-up event to be performed by the account holder with the merchant. Upon occurrence of the trigger event, the notification is transmitted to the account holder.Type: ApplicationFiled: June 19, 2015Publication date: December 22, 2016Applicant: WELLS FARGO BANK, N.A.Inventors: Liesl Brown, Al Hecht, John Penacerrada