Patents by Inventor Dale Wilkis

Dale Wilkis 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 identifying and processing currency conversion in a financial transaction
    Patent number: 9747599
    Abstract: A method and a system for processing cross-border transactions in a multiple party payment card processing network is disclosed. A party evaluates an inbound transaction message received from a downstream party to determine if the corresponding payment transaction is a cross-border transaction and if it requires currency conversion processing. Based on the evaluations, a cross-border and currency conversion status indicator that is attached to outbound transaction messages sent to upstream entities in the payment network. Currency conversion service fees and/or rebates may be assessed to other entities in the payment card network according to the results of the evaluations.
    Type: Grant
    Filed: April 2, 2007
    Date of Patent: August 29, 2017
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Doug Raymond, Derek Madison, Joyce O'Connell, Michelle Grist, Dale Wilkis
  • Method And System For Identifying And Processing Currency Conversion In A Financial Transaction
    Publication number: 20080059350
    Abstract: A method and a system for processing cross-border transactions in a multiple party payment card processing network is disclosed. A party evaluates an inbound transaction message received from a downstream party to determine if the corresponding payment transaction is a cross-border transaction and if it requires currency conversion processing. Based on the evaluations, a cross-border and currency conversion status indicator that is attached to outbound transaction messages sent to upstream entities in the payment network. Currency conversion service fees and/or rebates may be assessed to other entities in the payment card network according to the results of the evaluations.
    Type: Application
    Filed: April 2, 2007
    Publication date: March 6, 2008
    Inventors: Doug Raymond, Derek Madison, Joyce O'Connell, Michelle Grist, Dale Wilkis