Patents by Inventor Daniel Scott Poswolsky

Daniel Scott Poswolsky 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).

  • SYSTEMS AND METHODS FOR FACILITATING PAYMENTS
    Publication number: 20210224767
    Abstract: Systems and methods for facilitating payments are disclosed. In one embodiment, a method for facilitating a transaction may include (1) a customer selects a good or service to purchase from a merchant; (2) the customer being authenticated with a financial institution; and (3) the financial institution associating a unique identifier for the customer's merchant account with the customer's financial institution account. In another embodiment, a method for facilitating a transaction may include (1) a customer selecting a good or service to purchase from a merchant; (2) the customer being authenticated with a financial institution; (3) the financial institution provisioning a merchant-specific identifier for the merchant; and (4) the financial institution providing the merchant-specific token to the merchant.
    Type: Application
    Filed: April 6, 2021
    Publication date: July 22, 2021
    Inventors: Stan DeVan, Daniel Scott Poswolsky, Janice Mathews, Beverly Kennedy
  • Systems and methods for facilitating payments
    Patent number: 10990941
    Abstract: Systems and methods for facilitating payments are disclosed. In one embodiment, a method for facilitating a transaction may include (1) a customer selects a good or service to purchase from a merchant; (2) the customer being authenticated with a financial institution; and (3) the financial institution associating a unique identifier for the customer's merchant account with the customer's financial institution account. In another embodiment, a method for facilitating a transaction may include (1) a customer selecting a good or service to purchase from a merchant; (2) the customer being authenticated with a financial institution; (3) the financial institution provisioning a merchant-specific identifier for the merchant; and (4) the financial institution providing the merchant-specific token to the merchant.
    Type: Grant
    Filed: April 29, 2015
    Date of Patent: April 27, 2021
    Assignee: JPMORGAN CHASE BANK, N.A.
    Inventors: Stan DeVan, Daniel Scott Poswolsky, Janice Mathews, Beverly Kennedy
  • System and Method for Performing a Real Time Redemption Transaction by Leveraging a Payment Network
    Publication number: 20100057553
    Abstract: A method and system for performing a redemption transaction by leveraging a payment network provides a way to conduct redemption transaction without requiring changes to merchant or acquirer infrastructure. The cardholder initiates a transaction using a redemption card. An intermediary receives the transaction data, determines whether the loyalty points account associated with the redemption card has sufficient points to cover the transaction, and initiates a secondary payment transaction against a secondary payment account. Alternatively, these functions may be performed by the issuer.
    Type: Application
    Filed: September 4, 2009
    Publication date: March 4, 2010
    Inventors: Michael Ameiss, Scott A. Reynolds, Frederick F. Branca, JR., Chris Suppa, Daniel Scott Poswolsky, Patrick E. Regan