Patents by Inventor Karen L. Shahoian

Karen L. Shahoian 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: 20080015985
    Abstract: A system and associated process for expedited payment between a first computer (e.g. a customer computer or a bank computer) and a biller computer, e.g. within the US, is implemented over an online banking or payment network. A payment request for an expedited, e.g. same day, payment is received at the central system from the first computer, wherein the request includes identification of an intended payee, e.g. biller, and identification of a funding account associated with the customer. The system verifies if the funding account has sufficient funds available for the requested transaction, which preferably includes an associated fee. The system then sends a message to a vendor service, e.g. external, if the funding account has sufficient funds available for the requested transaction. The vendor service sends payment information to the biller computer, and sends a payment message back to the payment system, which debits the funding account for the transaction, if successful.
    Type: Application
    Filed: July 11, 2007
    Publication date: January 17, 2008
    Inventors: Armand Abhari, Brian M. Pearce, Karen L. Shahoian, Catherine Crowell