Patents by Inventor Donald Plumley

Donald Plumley 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).

  • Financial systems and methods for providing a credit facility to individuals to cover pre-authorized charges
    Patent number: 8484112
    Abstract: An apparatus for providing a credit facility to fund or cover preauthorized charges may include a processor and a non-transitory memory storing instructions. The instructions, responsive to execution, configure the processor to cause the apparatus at least to perform receiving information indicative of a user selection of at least one future payment commitment of the user, receiving an indication of user selected parameters corresponding to a coverage option entitling the user to receive a financial benefit to at least partially cover the at least one future payment commitment of the user in response to an occurrence of a qualifying event, determining a payment to be paid on behalf of the user to maintain the coverage option, and, in response to receiving an indication of the occurrence of the qualifying event, causing provision of the financial benefit to at least partially cover the at least one future payment commitment.
    Type: Grant
    Filed: December 10, 2010
    Date of Patent: July 9, 2013
    Assignees: American Bankers Insurance Company of Florida, American Bankers Insurance Company of Florida
    Inventors: Raj Bissoon, Donald Plumley
  • FINANCIAL SYSTEMS AND METHODS FOR PROVIDING A CREDIT FACILITY TO INDIVIDUALS TO COVER PRE-AUTHORIZED CHARGES
    Publication number: 20120150567
    Abstract: An apparatus for providing a credit facility to fund or cover preauthorized charges may include a processor and a non-transitory memory storing instructions. The instructions, responsive to execution, configure the processor to cause the apparatus at least to perform receiving information indicative of a user selection of at least one future payment commitment of the user, receiving an indication of user selected parameters corresponding to a coverage option entitling the user to receive a financial benefit to at least partially cover the at least one future payment commitment of the user in response to an occurrence of a qualifying event, determining a payment to be paid on behalf of the user to maintain the coverage option, and, in response to receiving an indication of the occurrence of the qualifying event, causing provision of the financial benefit to at least partially cover the at least one future payment commitment.
    Type: Application
    Filed: December 10, 2010
    Publication date: June 14, 2012
    Inventors: Raj Bissoon, Donald Plumley