Patents by Inventor Arvydas Balionis

Arvydas Balionis 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).

  • Method and system for administering money laundering prevention program
    Patent number: 8095441
    Abstract: A money laundering prevention program administered by a financial institution. A plurality of risk factors associated with a potential for conducting illicit activities in connection with an account held at the financial institution are identified. The risk factors include jurisdiction-based risk factors, entity type-based risk factors, and/or business type-based risk factors. The risk factors are ranked and, based on the rank, each of the risk factors is assigned to a tier. Each of the tiers represents a level of risk that illicit activities will be conducted in connection with the account.
    Type: Grant
    Filed: November 1, 2005
    Date of Patent: January 10, 2012
    Assignee: Barclays Capital Inc.
    Inventors: Bruce Wu, Wai-Ki Hui, Arvydas Balionis, Erika Wessel, David W. Cheng, Harvey Kaminsky, Kenneth Kollar, Patrick Kidney
  • Method and system for administering money laundering prevention program
    Publication number: 20070100744
    Abstract: A money laundering prevention program administered by a financial institution. A plurality of risk factors associated with a potential for conducting illicit activities in connection with an account held at the financial institution are identified. The risk factors include jurisdiction-based risk factors, entity type-based risk factors, and/or business type-based risk factors. The risk factors are ranked and, based on the rank, each of the risk factors is assigned to a tier. Each of the tiers represents a level of risk that illicit activities will be conducted in connection with the account.
    Type: Application
    Filed: November 1, 2005
    Publication date: May 3, 2007
    Applicant: Lehman Brothers Inc.
    Inventors: Bruce Wu, Wai Hui, Arvydas Balionis, Erika Wessel, David Cheng, Harvey Kaminsky, Kenneth Kollar, Patrick Kidney