Patents by Inventor Feiwen Xu

Feiwen Xu 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 A BENEFICIARY PRE-APPROVAL
    Publication number: 20250053937
    Abstract: According to one example embodiment, a computer implemented method performed by a funds transfer computing system, includes registering a beneficiary to a rating system. Registering the beneficiary comprises receiving identifying information including at least one of a receiving account, a financial institution associated with the receiving account, a beneficiary location, a beneficiary name, or an authentication factor. An identity of the beneficiary is validated in response to the received identifying information. A trust score for the beneficiary is generated. The trust score is indicative of the beneficiary's likelihood of being approved to receive funds in an international funds transfer between the beneficiary and a payor.
    Type: Application
    Filed: August 8, 2023
    Publication date: February 13, 2025
    Applicant: Wells Fargo Bank, N.A.
    Inventors: Elise M. Chapman, Autumn Krischer, Sanjay Mishra, Dove Vallender, Sushil Kumar Vyas, Jeannette Woodbury, Feiwen Xu
  • Systems and methods for a beneficiary pre-approval
    Patent number: 11868975
    Abstract: According to one example embodiment, a computer implemented method performed by a funds transfer computing system, includes registering a beneficiary to a rating system. Registering the beneficiary comprises receiving identifying information including at least one of a receiving account, a financial institution associated with the receiving account, a beneficiary location, a beneficiary name, and an authentication factor. An identity of the beneficiary is validated in response to the received identifying information. A trust score for the beneficiary is generated. The trust score is indicative of the beneficiary's likelihood of being approved to receive funds in an international funds transfer between the beneficiary and a payor.
    Type: Grant
    Filed: April 28, 2017
    Date of Patent: January 9, 2024
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Elise M. Chapman, Autumn Krischer, Sanjay Mishra, Dove Vallender, Sushil Kumar Vyas, Jeannette Woodbury, Feiwen Xu