Patents by Inventor Faith Tucker
Faith Tucker 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: 20240020662Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: ApplicationFiled: September 27, 2023Publication date: January 18, 2024Inventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Hanson
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Patent number: 11810082Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: GrantFiled: November 8, 2022Date of Patent: November 7, 2023Assignee: Bank of America CorporationInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Hanson
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Publication number: 20230068406Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: ApplicationFiled: November 8, 2022Publication date: March 2, 2023Inventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Hanson
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Patent number: 11526856Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: GrantFiled: March 13, 2020Date of Patent: December 13, 2022Assignee: Bank of America CorporationInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Hanson
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Publication number: 20220253883Abstract: A computer implemented system and method are disclosed of processing a financial transaction that includes determining an automatic savings amount and rewards amount payments. The system may comprises a checking account, a savings account, an account of a merchant, and one or more computer systems including a communication interface, processor, and memory storing computer-executable instructions. The rewards amount may be calculated based on various techniques.Type: ApplicationFiled: April 25, 2022Publication date: August 11, 2022Inventors: Faith A. Tucker, Portia Sherman Mackinnon
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Patent number: 11348133Abstract: A computer implemented system and method are disclosed of processing a financial transaction that includes determining an automatic savings amount and rewards amount payments. The system may comprises a checking account, a savings account, an account of a merchant, and one or more computer systems including a communication interface, processor, and memory storing computer-executable instructions. The rewards amount may be calculated based on various techniques.Type: GrantFiled: September 16, 2019Date of Patent: May 31, 2022Assignee: Bank of America CorporationInventors: Faith A. Tucker, Portia Sherman Mackinnon
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Publication number: 20210150624Abstract: There are provided systems and methods for intelligent population of interface elements for converting transactions. A service provider, such as an online digital wallet provider and/or transaction processor, may provide analysis of a transaction history output through a data display in an application or a website. The service provider may determine whether any past transactions may be converted or flipped from a past outgoing payment to one or more installment loans for all or a portion of the payment. This may be determined using a recommendation engine trained using one or more factors and past data. If a transaction qualifies for an offer to flip the past payment to an installment loan, the service provider may populate one or more interface elements and/or data that allows the user to accept or decline the offer.Type: ApplicationFiled: November 18, 2019Publication date: May 20, 2021Inventors: Faith A. Tucker, Megan Carmellini
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Publication number: 20200210975Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: ApplicationFiled: March 13, 2020Publication date: July 2, 2020Inventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Hanson
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Patent number: 10628808Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: GrantFiled: December 17, 2013Date of Patent: April 21, 2020Assignee: Bank of America CorporationInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Hanson
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Publication number: 20200013082Abstract: A computer implemented system and method are disclosed of processing a financial transaction that includes determining an automatic savings amount and rewards amount payments. The system may comprises a checking account, a savings account, an account of a merchant, and one or more computer systems including a communication interface, processor, and memory storing computer-executable instructions. The rewards amount may be calculated based on various techniques.Type: ApplicationFiled: September 16, 2019Publication date: January 9, 2020Inventors: Faith A. Tucker, Portia Sherman Mackinnon
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Publication number: 20150081411Abstract: A computer implemented system and method are disclosed of processing a financial transaction that includes determining an automatic savings amount and rewards amount payments. The system may comprises a checking account, a savings account, an account of a merchant, and one or more computer systems including a communication interface, processor, and memory storing computer-executable instructions. The rewards amount may be calculated based on various techniques.Type: ApplicationFiled: November 24, 2014Publication date: March 19, 2015Inventors: Faith A. Tucker, Portia Sherman MacKinnon
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Publication number: 20140108237Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: ApplicationFiled: December 17, 2013Publication date: April 17, 2014Applicant: Bank of America CorporationInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Williams
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Patent number: 8650123Abstract: Entry level banking products that may be offered through traditional sales channels (e.g., retail banking locations, online, and the like) or alternative sales channels (co-placement or co-branded with a third-party), to new customers who traditionally do not rely on conventional or mainstream checking, savings, and/or credit account products are described herein. Aspects described herein provide predictable, low cost pricing, guardrails on spending, budget controls, and financial education, while offering a low cost solution to serve all markets of banking customers. Aspects may include a reloadable prepaid card, savings account or savings wallet, custom savings plan services, a contactless payment sticker, budget tools, online banking, online bill pay, convenience checks, and low monthly fees. A bundled package may be made available from banking centers (e.g., bank branches) based on a client needs assessment, as well as made available in prepackaged containers sold or distributed at merchants.Type: GrantFiled: August 5, 2011Date of Patent: February 11, 2014Assignee: Bank of America CorporationInventors: Kimberly Belle Summerrow, Faith A. Tucker, John Franklin Tuders
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Patent number: 8635137Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: GrantFiled: September 13, 2012Date of Patent: January 21, 2014Assignee: Bank of America CorporationInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Williams
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Patent number: 8527381Abstract: System and method for authorizing third-party transactions for an account at a financial institution on behalf of the account holder. A financial institution can collect process, transmit and confirm authorizations to third parties for electronic payments and direct deposits on behalf of its account-holder customer. In at least some embodiments, a method of processing account-holder requests to authorize third-party transactions for an account includes the establishment of a pre-existing list of prospective third-party participants such as employers and billers. The financial institution receives account-holder requests to authorize third-party transactions. Specific requests from among the account-holder requests are matched to third-party participants and forwarded and can be confirmed. The system of the invention can include various engines and data repositories that work together to provide the means for implementing embodiments of the invention.Type: GrantFiled: December 5, 2003Date of Patent: September 3, 2013Assignee: Bank of America CorporationInventors: Penny L. Gerstner, Carrie L. Heise, Marilyn C. Kane, Stephen M. Kaufmann, Christopher G. Keller, Kelly Kruse, Gerard H. Poll, Catherine S. Pullen, Faith A. Tucker, Richard G. Tucker, Jr., Vickie M. Van Meir, Deborah M. Winick
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Publication number: 20130030992Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: ApplicationFiled: September 13, 2012Publication date: January 31, 2013Applicant: BANK OF AMERICA COROPRATIONInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Williams
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Publication number: 20120284183Abstract: Entry level banking products that may be offered through traditional sales channels (e.g., retail banking locations, online, etc.) or alternative sales channels (co-placement or co-branded with a third-party), to new customers who traditionally do not rely on conventional or mainstream checking, savings, and/or credit account products are described herein. The methods and systems described herein provide predictable, low cost pricing, guardrails on spending, budget controls, and financial education, while designed to be a low cost solution to serve all markets of banking customers. Aspects may include a variety of financial products, including a reloadable prepaid card, savings account or savings wallet, custom savings plan services, a contactless payment sticker, budget tools, online banking, online bill pay, convenience checks, and low monthly fees. A bundled package including the payment card and tag, as well as other information, may be made available from banking centers (e.g.Type: ApplicationFiled: August 5, 2011Publication date: November 8, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Kimberly Belle Summerrow, Faith A. Tucker, John Franklin Tuders
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Patent number: 8301530Abstract: A computer implemented method of processing a financial transaction executed by first person includes determining an automatic savings amount from the financial transaction by rounding up the amount of the financial transaction to the nearest dollar. The method further includes debiting the calculated savings amount from an account of the first person and crediting the savings amount to an account of a second person.Type: GrantFiled: September 4, 2009Date of Patent: October 30, 2012Assignee: Bank of America CorporationInventors: Daniel A. Carretta, Thomas M. Hancock, Karen K. Lewy, Charles R. Liu, Jack Meyers, Sheryl W. Strott, Faith A. Tucker, Carrie A. Williams
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Patent number: 7996309Abstract: A bank customer of a first bank in a first country has a bank account. The bank provides a banking service whereby customer is able to send cash to a recipient in a second country via a commingled bank account belonging to a second bank. The cash is provided to the recipient in the currency of the second country by a third party payment agent. To effect a transfer, the bank customer in the first country instructs the first bank to debit his or her account and send cash to a designated recipient. In response, the first bank debits the customer's account, sends first payment instructions to the second bank, and transfers funds to a commingled account at the second bank. Funds from this commingled account are used to pay for the cash provided to the recipient. The banking service may be provided free of charge to a banking customer of the first bank.Type: GrantFiled: July 23, 2010Date of Patent: August 9, 2011Assignee: Bank of America CorporationInventors: Thomas D. Avazian, Miguel Cintron, Marcos Rosenberg, Claudia Tabacinic, Faith A. Tucker, Eduardo J. Vergara
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Publication number: 20100287100Abstract: A bank customer of a first bank in a first country has a bank account. The bank provides a banking service whereby customer is able to send cash to a recipient in a second country via a commingled bank account belonging to a second bank. The cash is provided to the recipient in the currency of the second country by a third party payment agent. To effect a transfer, the bank customer in the first country instructs the first bank to debit his or her account and send cash to a designated recipient. In response, the first bank debits the customer's account, sends first payment instructions to the second bank, and transfers funds to a commingled account at the second bank. Funds from this commingled account are used to pay for the cash provided to the recipient. The banking service may be provided free of charge to a banking customer of the first bank.Type: ApplicationFiled: July 23, 2010Publication date: November 11, 2010Applicant: Bank of America CorporationInventors: Thomas D. Avazian, Miguel Cintron, Marcos Rosenberg, Claudia Tabacinic, Faith A. Tucker, Eduardo J. Vergara