Patents by Inventor Kevin P. Carroll

Kevin P. Carroll 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).

  • METHOD FOR PERFORMING ACQUIRER ROUTING AND PRIORITY ROUTING OF TRANSACTIONS
    Publication number: 20120254034
    Abstract: A financial processing system for determining a financial network for routing an electronic transaction includes a network BIN database including a plurality of terminal routing profiles. Each routing profile includes at least a corresponding bank identification number (BIN) and a prioritized list of preferred financial networks of an associated terminal created by a transaction acquirer. The financial processing system provides a BIN file including a plurality of BINs and indicating financial networks having claimed priority over any of said BINS from the plurality. From the routing profile of a terminal, the financial processing system determines a financial network preferred by the transaction acquirer for routing said electronic transaction, and from the BIN file, determines if at least one network flag is marked indicating a network's claim of priority over the BIN.
    Type: Application
    Filed: April 1, 2011
    Publication date: October 4, 2012
    Applicant: MasterCard International Incorporated
    Inventors: Scott R. STATLAND, Kevin P. Carroll, Michael R. Adamski, Alex I. Inovenkov
  • Methods and systems for assigning interchange rates to financial transactions using an interchange network
    Patent number: 8266057
    Abstract: A method for assigning an interchange rate to a financial transaction is provided. The method uses at least one input device in communication with an interchange database. The financial transaction is initiated by a cardholder using a card over a card interchange, the card having been issued by an issuer bank. The method includes the steps of storing issuer data within the interchange database, the issuer data including whether the issuer bank has entered into a special relationship with the interchange.
    Type: Grant
    Filed: December 12, 2011
    Date of Patent: September 11, 2012
    Assignee: MasterCard International Incorporated
    Inventors: Kevin P. Carroll, Colin L. McGrath, Leland S. Englebardt
  • Methods and systems for assigning interchange rates to financial transactions using an interchange network
    Patent number: 8095438
    Abstract: A method for assigning an interchange rate to a financial transaction is provided. The method uses at least one input device in communication with an interchange database. The financial transaction is initiated by a cardholder using a card over a card interchange, the card having been issued by an issuer bank. The method includes the steps of storing issuer data within the interchange database, the issuer data including whether the issuer bank has entered into a special relationship with the interchange.
    Type: Grant
    Filed: December 28, 2007
    Date of Patent: January 10, 2012
    Assignee: MasterCard International Incorporated
    Inventors: Kevin P. Carroll, Colin L. McGrath, Leland S. Englebardt
  • METHODS AND SYSTEMS FOR ASSIGNING INTERCHANGE RATES TO FINANCIAL TRANSACTIONS USING AN INTERCHANGE NETWORK
    Publication number: 20090171796
    Abstract: A method for assigning an interchange rate to a financial transaction is provided. The method uses at least one input device in communication with an interchange database. The financial transaction is initiated by a cardholder using a card over a card interchange, the card having been issued by an issuer bank. The method includes the steps of storing issuer data within the interchange database, the issuer data including whether the issuer bank has entered into a special relationship with the interchange.
    Type: Application
    Filed: December 28, 2007
    Publication date: July 2, 2009
    Inventors: Kevin P. Carroll, Colin L. McGrath, Leland S. Englebardt