Patents by Inventor Denis O'Leary

Denis O'Leary 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).

  • Patent number: 10185936
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (Web Broker), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The Web Broker is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a Web Broker enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent Web Broker enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Grant
    Filed: June 21, 2001
    Date of Patent: January 22, 2019
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8738521
    Abstract: Embodiments of the invention include a method and system for conducting financial transactions over a payment network. The method may include associating a payment address of an account with an account holder name, the account residing at a financial institution and the associated payment address of the account configured to allow withdrawals by the account holder only and to allow a plurality of deposits to be made at different times. The method further includes freely publishing the payment address and making it available to users of an internet portal or search engine. The method further includes receiving data over a network identifying a deposit to be made to the account, assigning the deposit to the account using the payment address, and notifying the payer of the assignment. At least one directory is used for associating the account holder with the payment address.
    Type: Grant
    Filed: March 8, 2013
    Date of Patent: May 27, 2014
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8694425
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Grant
    Filed: March 26, 2012
    Date of Patent: April 8, 2014
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20130317984
    Abstract: Embodiments of the invention include a method and system for conducting financial transactions over a payment network. The method may include associating a payment address of an account with an account holder name, the account residing at a financial institution and the associated payment address of the account configured to allow withdrawals by the account holder only and to allow a plurality of deposits to be made at different times. The method further includes freely publishing the payment address and making it available to users of an internet portal or search engine. The method further includes receiving data over a network identifying a deposit to be made to the account, assigning the deposit to the account using the payment address, and notifying the payer of the assignment. At least one directory is used for associating the account holder with the payment address.
    Type: Application
    Filed: August 5, 2013
    Publication date: November 28, 2013
    Applicant: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8595083
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Grant
    Filed: September 14, 2012
    Date of Patent: November 26, 2013
    Assignee: JPMorgan Chase Bank, National Association
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8468092
    Abstract: A computer implemented system is provided for processing payments. A server including a computer memory storing a first database including a directory is provided. The directory includes authenticated registrant information comprising authenticated information for a payee, the directory identifying via a publicly available account identifier at least one linked account of said payee. The system also includes a payor computer having access to the directory and a first bank computer linked via a computer network to the server, the first bank computer configured to access payor account information from a payor account at the first bank. The first bank computer is also configured to receive payment information from the payor computer identifying the payee and to transmit a payment from the payor account at the first bank to the linked payee account located at a second bank without using an intermediary to transfer said payment.
    Type: Grant
    Filed: April 10, 2012
    Date of Patent: June 18, 2013
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8452703
    Abstract: Embodiments of the invention include a method and system for conducting financial transactions over a payment network. The method may include associating a payment address of an account with an account holder name, the account residing at a financial institution and the associated payment address of the account configured to allow withdrawals by the account holder only and to allow a plurality of deposits to be made at different times. The method further includes freely publishing the payment address and making it available to users of an internet portal or search engine. The method further includes receiving data over a network identifying a deposit to be made to the account, assigning the deposit to the account using the payment address, and notifying the payer of the assignment on a real time basis. At least one directory is used for associating the account holder with the payment address.
    Type: Grant
    Filed: April 10, 2012
    Date of Patent: May 28, 2013
    Assignee: JP Morgan Chase Bank, NA
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8433652
    Abstract: A computer implemented payment processing method and system are provided for facilitating electronic purchase transactions by a purchaser from a merchant. The method implements a payment processing system including at least one computer processor and at least one computer memory and includes multiple steps. The steps include receiving, at the at least one computer processor of the payment processing system, a payment request associated with the electronic purchase transaction, the request including information, but not including confidential financial account numbers. The method further includes performing authentication to authenticate the purchaser and verification procedures to verify funds available at the payment processing system based on the order information and non-confidential information and determining whether the cash payment can be completed based on the authentication and verification procedures.
    Type: Grant
    Filed: March 29, 2012
    Date of Patent: April 30, 2013
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20130030995
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Application
    Filed: September 14, 2012
    Publication date: January 31, 2013
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20120259770
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Application
    Filed: April 10, 2012
    Publication date: October 11, 2012
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20120239559
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Application
    Filed: April 10, 2012
    Publication date: September 20, 2012
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20120197761
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Application
    Filed: March 29, 2012
    Publication date: August 2, 2012
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20120185316
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Application
    Filed: March 26, 2012
    Publication date: July 19, 2012
    Inventors: Denis O' Leary, Vincent D' Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8190521
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Grant
    Filed: May 6, 2011
    Date of Patent: May 29, 2012
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8175968
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Grant
    Filed: June 8, 2011
    Date of Patent: May 8, 2012
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 8175967
    Abstract: Embodiments of the invention include a method and system for effectuating an electronic payment between a payor and a payee using an Electronic Funds Transfer (EFT) network. The method is implemented by a system having multiple processors. The payor may hold a payor account at a payor institution and the payee may have a payee account at a payee institution. The method includes generating a payment authorization identifying the payee institution, the payee account, and an amount of the payment and transmitting the payment authorization to the payor institution. The method further includes debiting the payor account by the amount of the payment; transmitting from the payor institution to the payee institution through the EFT network an EFT credit message representing a credit in the amount of the payment; and crediting the payee account in the amount of the payment in response to the receipt of the EFT credit message.
    Type: Grant
    Filed: May 6, 2011
    Date of Patent: May 8, 2012
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20110246362
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Application
    Filed: June 8, 2011
    Publication date: October 6, 2011
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20110238571
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Application
    Filed: May 6, 2011
    Publication date: September 29, 2011
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Publication number: 20110208652
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Application
    Filed: May 6, 2011
    Publication date: August 25, 2011
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman
  • Patent number: 7962409
    Abstract: A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account. Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages.
    Type: Grant
    Filed: October 9, 2009
    Date of Patent: June 14, 2011
    Assignee: JPMorgan Chase Bank, NA
    Inventors: Denis O'Leary, Vincent D'Agostino, S. Richard Re, Jessica Burney, Adam Hoffman