Patents by Inventor Kevin Huennekens

Kevin Huennekens 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 processing credit card transactions that exceed a credit limit
    Patent number: 7953658
    Abstract: A method, system, and computer are disclosed for managing a financial transaction associated with a financial account, wherein the transaction would cause an outstanding balance of the financial account to exceed a credit limit. The method comprises determining a merchant type for a merchant which is a party to the transaction. A merchant credit risk associated with the determined merchant type is determined. The merchant credit risk is compared to a threshold value defining an acceptable credit risk. The transaction is approved based on the comparison of the merchant credit risk with the threshold value.
    Type: Grant
    Filed: April 15, 2008
    Date of Patent: May 31, 2011
    Assignee: Capital One Financial Corporation
    Inventors: Kevin Huennekens, Haicheng Li, Martin Poteralski, Jeffrey Marshall, Marc Solomon
  • Systems and methods for processing credit card transactions that exceed a credit limit
    Publication number: 20080195530
    Abstract: A method, system, and computer are disclosed for managing a financial transaction associated with a financial account, wherein the transaction would cause an outstanding balance of the financial account to exceed a credit limit. The method comprises determining a merchant type for a merchant which is a party to the transaction. A merchant credit risk associated with the determined merchant type is determined. The merchant credit risk is compared to a threshold value defining an acceptable credit risk. The transaction is approved based on the comparison of the merchant credit risk with the threshold value.
    Type: Application
    Filed: April 15, 2008
    Publication date: August 14, 2008
    Inventors: Kevin Huennekens, Haicheng Li, Martin Poteralski, Jeffrey Marshall, Marc Solomon
  • Systems and methods for processing credit card transactions that exceed a credit limit
    Patent number: 7383224
    Abstract: A method, system, and computer are disclosed for managing a financial transaction associated with a financial account, wherein the transaction would cause an outstanding balance of the financial account to exceed a credit limit. The method comprises determining a merchant type for a merchant which is a party to the transaction. A merchant credit risk associated with the determined merchant type is determined. The merchant credit risk is compared to a threshold value defining an acceptable credit risk. The transaction is approved based on the comparison of the merchant credit risk with the threshold value.
    Type: Grant
    Filed: June 29, 2001
    Date of Patent: June 3, 2008
    Assignee: Capital One Financial Corporation
    Inventors: Kevin Huennekens, Haicheng Li, Martin Poteralski, Jeffrey Marshall, Marc Solomon
  • Systems and methods for processing credit card transactions that exceed a credit limit
    Publication number: 20030004866
    Abstract: A method, system, and computer are disclosed for managing a financial transaction associated with a financial account, wherein the transaction would cause an outstanding balance of the financial account to exceed a credit limit. The method comprises determining a merchant type for a merchant which is a party to the transaction. A merchant credit risk associated with the determined merchant type is determined. The merchant credit risk is compared to a threshold value defining an acceptable credit risk. The transaction is approved based on the comparison of the merchant credit risk with the threshold value.
    Type: Application
    Filed: June 29, 2001
    Publication date: January 2, 2003
    Inventors: Kevin Huennekens, Haicheng Li, Martin Poteralski, Jeffrey Marshall, Marc Solomon