Patents by Inventor Jal Daruwalla

Jal Daruwalla 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).

  • Publication number: 20250086619
    Abstract: A method including receiving a signcrypted cross-border payment message, the signcrypted cross-border payment message generated by signcrypting a cross-border payment message using a first financial institution public key, a first financial institution private key, and a second financial institution public key, retrieving the first financial institution public key, the second financial institution public key, and a second financial institution private key, wherein the second financial institution public key and the second financial institution private key are part of a public/private key pair, unsigncrypting the signcrypted cross-border payment message using the first financial institution public key, the second financial institution public key, and the second financial institution private key to retrieve the cross-border payment message, and verifying that the first financial institution public key is associated with a first financial institution.
    Type: Application
    Filed: November 22, 2024
    Publication date: March 13, 2025
    Applicant: Wells Fargo Bank, N.A.
    Inventors: Phillip H. Griffin, Ashia Kennon, Catherine Wangari Mwangi, Jal Daruwalla, Joanne Strobel-Cort, Lynnel J. Kresse, Michael Knorr
  • Publication number: 20240403846
    Abstract: A computer-implemented method includes generating, by a computing system, a message including a status and editable data regarding a transaction request. The status indicates a potential delay related to the editable data. The computer-implemented method further includes receiving, by the computing system, an indication regarding the editable data. The indication includes a change to the editable data that remedies the potential delay by correcting information required to complete the transaction request.
    Type: Application
    Filed: August 12, 2024
    Publication date: December 5, 2024
    Applicant: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Christopher Gliva, Ashia D. Kennon, Lynnel J. Kresse, Aravind Krishnasamy, Marcia Osiecki
  • Patent number: 12154106
    Abstract: A method including receiving a signcrypted cross-border payment message, the signcrypted cross-border payment message generated by signcrypting a cross-border payment message using a first financial institution public key, a first financial institution private key, and a second financial institution public key, retrieving the first financial institution public key, the second financial institution public key, and a second financial institution private key, wherein the second financial institution public key and the second financial institution private key are part of a public/private key pair, unsigncrypting the signcrypted cross-border payment message using the first financial institution public key, the second financial institution public key, and the second financial institution private key to retrieve the cross-border payment message, and verifying that the first financial institution public key is associated with a first financial institution.
    Type: Grant
    Filed: June 6, 2022
    Date of Patent: November 26, 2024
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Phillip H. Griffin, Ashia Kennon, Catherine Wangari Mwangi, Jal Daruwalla, Joanne Strobel-Cort, Lynnel J. Kresse, Michael Knorr
  • Patent number: 12062024
    Abstract: A computer-implemented method includes receiving, by a global transaction validation system from an originator, a transaction request comprising transaction data, processing, by the global transaction validation system, the transaction request by generating a notification message including a status and at least part of the transaction data where the at least part of the transaction data comprises editable data and the status is configured to indicate a potential delay related to the editable data, transmitting, by the global transaction validation system, the notification message to a recipient device associated with a transaction recipient, and receiving, by the global transaction validation system, a return notification from the recipient device where the return notification includes an indication from the transaction recipient regarding the at least part of the transaction data, and where the indication is a change to the editable data that remedies the potential delay by correcting required information.
    Type: Grant
    Filed: January 30, 2023
    Date of Patent: August 13, 2024
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Christopher Gliva, Ashia D. Kennon, Lynnel J. Kresse, Aravind Krishnasamy, Marcia Osiecki
  • Patent number: 11888995
    Abstract: A system, method, and apparatus for carrying out a value transfer is provided. A method includes receiving, by a computing system of a financial institution, a de-signcrypted value transfer message including terms of a value transfer from an account of a sending party to an account of a merchant, wherein a receiving party desires to make a purchase from the merchant and the value transfer is a payment from the sending party account to the merchant account; and one or more spending limitations on the desired purchase, wherein the payment is contingent on the desired purchase meeting the spending limitations. The method then includes verifying the authenticity of the de-signcrypted message using a public key of the sending party and a private key of the financial institution; and dispersing funds according to the terms of the value transfer.
    Type: Grant
    Filed: October 17, 2022
    Date of Patent: January 30, 2024
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Phillip H. Griffin, Ashia D. Kennon, Michael Knorr, Lynnel J. Kresse, Catherine Wangari Mwangi, Joanne Strobel-Cort
  • Patent number: 11568374
    Abstract: A method performed by a global transaction validation system includes receiving a transaction request from an originator, processing the transaction request by generating a data message containing the transaction data and by generating a notification message including at least part of the transaction data, transmitting the data message to the recipient financial institution, transmitting the notification message to a recipient device associated with the transaction recipient, receiving a return notification from the recipient device, and validating the transaction request based on the return notification indicating that the transaction is valid.
    Type: Grant
    Filed: June 22, 2020
    Date of Patent: January 31, 2023
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Christopher Gliva, Ashia D. Kennon, Lynnel J. Kresse, Aravind Krishnasamy, Marcia Osiecki
  • Patent number: 11477035
    Abstract: A system, method, and apparatus for carrying out a value transfer is provided. A method includes receiving, by a computing system of a financial institution, a de-signcrypted value transfer message including terms of a value transfer from an account of a sending party to an account of a merchant, wherein a receiving party desires to make a purchase from the merchant and the value transfer is a payment from the sending party account to the merchant account; and one or more spending limitations on the desired purchase, wherein the payment is contingent on the desired purchase meeting the spending limitations. The method then includes verifying the authenticity of the de-signcrypted message using a public key of the sending party and a private key of the financial institution; and dispersing funds according to the terms of the value transfer.
    Type: Grant
    Filed: June 29, 2020
    Date of Patent: October 18, 2022
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Phillip H. Griffin, Ashia D. Kennon, Michael Knorr, Lynnel J. Kresse, Catherine Wangari Mwangi, Joanne Strobel-Cort
  • Patent number: 11354660
    Abstract: Various embodiments relate to a method performed by a processor of a computing system. An example method includes receiving a digitally signed cross-border payment message, the digitally signed cross-border payment message generated by digitally signing a first hash of a cross-border payment message with a first financial institution private key. A first financial institution public key is retrieved, the first financial institution public key of a public/private key pair that includes the first financial institution private key. The first financial institution public key is verified that it is associated with a first financial institution. A second hash of the cross-border payment message is generated.
    Type: Grant
    Filed: April 26, 2018
    Date of Patent: June 7, 2022
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Phillip H. Griffin, Ashia Kennon, Catherine Wangari Mwangi, Jal Daruwalla, Joanne Strobel-Cort, Lynnel J. Kresse, Michael Knorr
  • Patent number: 10700875
    Abstract: A system, method, and apparatus for providing a value transfer is provided. A method includes creating, by a mobile device, a value transfer message, the message including terms of a value transfer from an account of a sending party to a receiving party or one or more merchants; signcrypting, by the mobile device, the value transfer message using each of the receiving party's public key and the sending party's public and private keys; and sending, by the mobile device, the signcrypted value transfer message to the receiving party, wherein the receiving party can de-signcrypt the signcrypted value transfer message using each of the receiving party's public and private keys and the sending party's public key, and present the value transfer message to a third party to receive the value transfer.
    Type: Grant
    Filed: June 26, 2017
    Date of Patent: June 30, 2020
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Phillip H. Griffin, Ashia D. Kennon, Michael Knorr, Lynnel J. Kresse, Catherine Wangari Mwangi, Joanne Strobel-Cort
  • Patent number: 10692057
    Abstract: A method performed by a global transaction validation system includes receiving a transaction request from an originator, processing the transaction request by generating a data message containing the transaction data and by generating a notification message including at least part of the transaction data, transmitting the data message to the recipient financial institution, transmitting the notification message to a recipient device associated with the transaction recipient, receiving a return notification from the recipient device, and validating the transaction request based on the return notification indicating that the transaction is valid.
    Type: Grant
    Filed: March 3, 2017
    Date of Patent: June 23, 2020
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Jal Daruwalla, Christopher Gliva, Ashia D. Kennon, Lynnel J. Kresse, Aravind Krishnasamy, Marcia Osiecki