Patents by Inventor Eric James Eldridge
Eric James Eldridge 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).
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Publication number: 20180158064Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: August 21, 2017Publication date: June 7, 2018Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Patent number: 9741038Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: GrantFiled: December 7, 2015Date of Patent: August 22, 2017Assignee: III Holdings 1, LLCInventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, Jr.
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Publication number: 20160098724Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. if the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: December 7, 2015Publication date: April 7, 2016Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Patent number: 9208484Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: GrantFiled: January 18, 2012Date of Patent: December 8, 2015Assignee: III Holdings 1, LLCInventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, Jr.
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Patent number: 8925798Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: GrantFiled: December 16, 2011Date of Patent: January 6, 2015Assignee: III Holdings 1, LLCInventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, Jr.
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Patent number: 8919641Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: GrantFiled: January 18, 2012Date of Patent: December 30, 2014Assignee: III Holdings 1, LLCInventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, Jr.
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Patent number: 8434677Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: GrantFiled: January 18, 2012Date of Patent: May 7, 2013Assignee: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, Jr.
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Patent number: 8413160Abstract: In a packet-based transaction processing system, workload is balanced across multiple computer systems. A plurality of packets is received from a plurality of clients over a plurality of communications sessions. Each of the plurality of packets includes a portion of a transaction involving a financial transaction instrument that requires authorization. The plurality of packets are processed to assemble a plurality of transactions. Each of the plurality of transactions is then transmitted to an application server selected from a plurality of servers that provides authorization for the transactions. The server may be selected from the plurality of servers based on a round-robin distribution of the plurality of servers, and additionally, the round-robin distribution may be modified to account for a workload on each of the plurality of servers.Type: GrantFiled: June 22, 2007Date of Patent: April 2, 2013Assignee: American Express Travel Related Services Company, Inc.Inventors: David Armes, Ian Brown, Eric James Eldridge, Conrad Orlando Menezes, Claudio Valdes, John Ryan
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Patent number: 8276813Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: GrantFiled: January 18, 2012Date of Patent: October 2, 2012Assignee: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, Jr.
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Publication number: 20120123881Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: January 18, 2012Publication date: May 17, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Publication number: 20120116901Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: January 18, 2012Publication date: May 10, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Publication number: 20120116974Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: January 18, 2012Publication date: May 10, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Publication number: 20120116900Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: January 18, 2012Publication date: May 10, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Publication number: 20120101908Abstract: Systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) is disclosed. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. After receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. The central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: December 16, 2011Publication date: April 26, 2012Applicant: American Express Travel Related Services Company, Inc.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwarz, JR.
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Publication number: 20080275821Abstract: The invention includes systems and methods for facilitating risk assessment for point of sale transactions utilizing at least one risk triggering value (RTV) stored within a distributed (e.g., local and/or regional) processing site. An RTV is a condensed version of a set of complex risk data and strategies usually found in central processing sites. The distributed site, after receiving a request for payment authorization, a risk value is calculated for the request. The distributed processing site compares the risk value to the RTV to determine whether to authorize payment. If the risk value is less than or equal to the RTV, the payment is authorized while a risk value greater than the RTV will not be authorized. After one or more authorizations, the distributed processing site forwards the information from the transaction(s) to the central site, wherein the central site calculates a new RTV for the account and distributes the new RTV to the distributed processing site.Type: ApplicationFiled: June 28, 2008Publication date: November 6, 2008Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.Inventors: Fred Bishop, Eric James Eldridge, William S. Schwartz