Patents by Inventor Gregory PAKS

Gregory PAKS 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).

  • System and method for managing chargeback risk
    Patent number: 11687936
    Abstract: A system and method of managing chargeback risk may include: receiving one or more projected transaction data elements, each comprising information pertaining to projection of future transactions among nodes of a computer network; receiving a plurality of actual transaction data elements, each comprising information pertaining to a respective plurality of actual transactions among nodes of the computer network; receiving one or more merchant profile data elements, each pertaining to a profile of one or more merchants, associated with nodes of the computer network; computing a distribution of chargeback risk for each actual transaction, based on the one or more actual transaction data elements and respective one or more merchant profile data elements; computing a clearance-period (CP) chargeback overage based on distribution of chargeback risk of actual transactions and the projected transaction data elements; and producing a suggestion for managing chargeback risk based on the CP chargeback overage.
    Type: Grant
    Filed: April 27, 2020
    Date of Patent: June 27, 2023
    Assignee: Source Ltd.
    Inventors: Shmuel Ur, Ilya Dubinsky, Gregory Paks
  • SYSTEM AND METHOD FOR MANAGING CHARGEBACK RISK
    Publication number: 20210334812
    Abstract: A system and method of managing chargeback risk may include: receiving one or more projected transaction data elements, each comprising information pertaining to projection of future transactions among nodes of a computer network; receiving a plurality of actual transaction data elements, each comprising information pertaining to a respective plurality of actual transactions among nodes of the computer network; receiving one or more merchant profile data elements, each pertaining to a profile of one or more merchants, associated with nodes of the computer network; computing a distribution of chargeback risk for each actual transaction, based on the one or more actual transaction data elements and respective one or more merchant profile data elements; computing a clearance-period (CP) chargeback overage based on distribution of chargeback risk of actual transactions and the projected transaction data elements; and producing a suggestion for managing chargeback risk based on the CP chargeback overage.
    Type: Application
    Filed: April 27, 2020
    Publication date: October 28, 2021
    Applicant: Source Ltd.
    Inventors: Shmuel UR, Ilya DUBINSKY, Gregory PAKS