Patents by Inventor Johnny Ray Watson

Johnny Ray Watson 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).

  • Patent number: 7509289
    Abstract: Controlling the authorization of financial transactions, such as credit card transactions. Financial institutions and businesses can establish accounts for employees that have an authorization process that augments the normal authorization process, where this augmented authorization process can result in approving transactions that otherwise exceed the transaction limitations established for the account. A single event authorization control (SEAC) process can be completed in response to determining that a financial services transaction undergoing a conventional authorization process qualifies for the SEAC process. To complete the process, a SEAC data record containing parameter values that most closely match the parameter values associated with the authorization request is selected and the applicable SEAC action contained in the data record, e.g., decline override, funds encumbrance, or budgetary exception, is performed. Then, a decision regarding authorization of the transaction is generated.
    Type: Grant
    Filed: October 23, 2002
    Date of Patent: March 24, 2009
    Assignee: Total System Services, Inc.
    Inventors: Mitch Barron, Hank Crye, Keith Helms, Johnny Ray Watson, Jr.
  • Publication number: 20040210531
    Abstract: Controlling the authorization of financial transactions, such as credit card transactions. Financial institutions and businesses can establish accounts for employees that have an authorization process that augments the normal authorization process, where this augmented authorization process can result in approving transactions that otherwise exceed the transaction limitations established for the account. A single event authorization control (SEAC) process can be completed in response to determining that a financial services transaction undergoing a conventional authorization process qualifies for the SEAC process. To complete the process, a SEAC data record containing parameter values that most closely match the parameter values associated with the authorization request is selected and the applicable SEAC action contained in the data record, e.g., decline override, funds encumbrance, or budgetary exception, is performed. Then, a decision regarding authorization of the transaction is generated.
    Type: Application
    Filed: October 23, 2002
    Publication date: October 21, 2004
    Applicant: Total System Services, Inc.
    Inventors: Mitch Barron, Hank Crye, Keith Helms, Johnny Ray Watson