Patents by Inventor Kurt D. Newman

Kurt D. Newman 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: 20160142397
    Abstract: Aspects of this disclosure relate to an identity level generating computer which may include a processor and memory storing computer executable instructions that, when executed, cause the computer to generate identity levels for users of a business. Generating identity levels for users of a business may include electronically receiving user data regarding at least one of: an identity of the user, a behavior of the user, a propensity of a user and a risk associated with the user's identity and determining one or more individual characteristic levels based on the electronically received information. Determining the one or more individual characteristic levels may include comparing the customer data regarding the at least one of the identity of the user, the behavior of the user, the propensity of the user and the risk associated with the user's identity with a list predetermined criteria and calculating an identity level based on the comparison of the user data with the list predetermined criteria.
    Type: Application
    Filed: January 25, 2016
    Publication date: May 19, 2016
    Inventors: Craig Froelich, Suresh G. Nair, Kurt D. Newman
  • Publication number: 20160048867
    Abstract: Systems and methods for a transmitting data to and receiving data from a repository are provided. For instance, presenting a transmission to a customer during a transaction at a system which may include an optimization computer, a repository database which may store one or more transmissions and information regarding a particular audience to which the respective transmissions should be presented and a computer system configured to allow transmissions to be uploaded to the repository database are provided. The transmission may be presented at a point of transaction wherein the transaction is being conducted and the transaction data from the transaction being conducted at the point of transaction may be determined at the point of transaction and may be transmitted to the optimization computer.
    Type: Application
    Filed: October 28, 2015
    Publication date: February 18, 2016
    Inventors: David Joa, Debashis Ghosh, Kurt D. Newman, Mark Krein, Timothy John Bendel
  • Publication number: 20160048562
    Abstract: Systems and methods for a transmitting data to and receiving data from a repository database are provided. For instance, an optimization computer which may include a processor and memory storing computer executable instructions that, when executed, cause the optimization computer to perform a method for selecting a transmission to be presented to a customer during a transaction by electronically receiving data relating to the identity of the customer conducting the transaction, electronically receiving data relating to one or more transmissions and determining the particular transmission to present to the customer during the transaction based on the data by comparing the data relating to the identity of the customer conducting the transaction with the data relating to one or more transmissions and selecting a transmission to be presented during the transaction based on the comparison are presented.
    Type: Application
    Filed: October 28, 2015
    Publication date: February 18, 2016
    Inventors: David Joa, Debashis Ghosh, Kurt D. Newman, Mark Krein, Timothy John Bendel
  • Patent number: 9214051
    Abstract: Systems and methods according to the present invention provide a more secure Automated Teller Machine (ATM) transaction by preventing observation of banking customers' Personal Identification Number (PIN). Such systems and methods make it difficult to obtain a customer's PIN by tracking the hand movement of a customer using an ATM. Inputs presented for a customer selection are preferably dynamically displayed in different locations preferably each time the customer is asked to enter a PIN. Dynamically changing the sequence of the display and/or location of the presented inputs reduces the possibility of mapping the hand movement of the customer to the positions of the inputs displayed for a customer selection. Inputs may also be presented at a very narrow viewing angle, thereby making observation of a PIN difficult. Hence, banking customers are preferably provided with a more robust and secured ATM transaction system.
    Type: Grant
    Filed: January 4, 2011
    Date of Patent: December 15, 2015
    Assignee: Bank of America Coporation
    Inventors: Kurt D. Newman, Timothy J. Bendel, Rustam N. Wadia, Debashis Ghosh
  • Patent number: 9196111
    Abstract: Systems and methods according to the present invention provide a more secure Automated Teller Machine (ATM) transaction by preventing observation of banking customers' Personal Identification Number (PIN). Such systems and methods make it difficult to obtain a customer's PIN by tracking the hand movement of a customer using an ATM. Inputs presented for a customer selection are preferably dynamically displayed in different locations preferably each time the customer is asked to enter a PIN. Dynamically changing the sequence of the display and/or location of the presented inputs reduces the possibility of mapping the hand movement of the customer to the positions of the inputs displayed for a customer selection. Inputs may also be presented at a very narrow viewing angle, thereby making observation of a PIN difficult. Hence, banking customers are preferably provided with a more robust and secured ATM transaction system.
    Type: Grant
    Filed: January 4, 2011
    Date of Patent: November 24, 2015
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, Timothy J. Bendel, Rustam N. Wadia, Debashis Ghosh, David Joa
  • Patent number: 9135419
    Abstract: Systems and methods for environmental adjustments using biometrics are described. A scanned biometric parameter of an individual may be received and a determination may be made as to whether the scanned biometric parameter of the individual matches a stored biometric parameter of a plurality of stored biometric parameters. Biometric parameters include retinal images, DNA, and voice samples. If a match exists, the individual may be identified based upon the stored biometric parameter. At least one adjustment to change on at least one device based upon the identified individual may be determined. The at least one device may be configured for modifying an environmental condition of the identified individual. At least one instruction to implement the determined at least one adjustment may be transmitted. The adjustment may be a physical adjustment to the device, such as the height level of a chair.
    Type: Grant
    Filed: February 1, 2010
    Date of Patent: September 15, 2015
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, David Joa, Debashis Ghosh, Timothy J. Bendel, Mark V. Krein
  • Publication number: 20150134511
    Abstract: Systems, methods, and computer program products are provided for customer-defined financial institution account management rules associated with linked financial institution accounts. The methods, systems and computer program products herein described allow the customer to define rules that maximize the customer's rate of return and/or minimizing the likelihood of insufficient funding of an account leading to a withdrawal in excess of account balance. Thus, poor utilization of cash in terms of excessive balances in non-interest bearing accounts or low-interest bearing accounts is minimized by automatically transferring, based on a customer-defined rules, the funds to a higher rate of return account. Additionally, managing a primary payment account, such as a checking or bill account, is addressed so as to ensure that funds are sufficient to cover the customer's expenditures.
    Type: Application
    Filed: November 6, 2014
    Publication date: May 14, 2015
    Inventors: Debashis Ghosh, Kurt D. Newman, David Joa, Sundeshna Banerjee, Thayer Allison, Yanghong Shao, Mark V. Krein
  • Patent number: 8931071
    Abstract: Systems and methods for integrating biometric authentication with video conference sessions are described. An individual seeking to participate in a video conference may first be identified with a biometric parameter such as an iris scan based on a comparison of the scanned iris with a database of stored parameters. If authorized, the system may connect the individual to the video session. In addition, the system may generate dynamic tags that allow the participants to identify and locate individuals in the video conference. For example, if one of the participants is speaking and moving within the room, her tag may change color and move with her on the video screen.
    Type: Grant
    Filed: July 15, 2013
    Date of Patent: January 6, 2015
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, Debashis Ghosh, Michael James O'Hagan, David Joa, Timothy J. Bendel
  • Publication number: 20140321719
    Abstract: Systems and methods for biometrically identifying an individual for purchasing a product and/or service without a need for the individual to input authentication data into a system/device are described. Data representative of a scanned iris of a customer desiring to make a purchase may be made. The customer may be identified based upon the scanned iris. A determination may be made as to whether the identified customer has a plurality of accounts at a financial entity. Information of a selected account to make the purchase may be received. Sufficient funds in the selected account to make the purchase may be determined. If insufficient, a different account may be identified to make the purchase. Sufficient funds in the different account may be determined and funds in the different account may be decreased by the associated payment amount.
    Type: Application
    Filed: April 7, 2014
    Publication date: October 30, 2014
    Applicant: Bank of America Corporation
    Inventors: Kurt D. Newman, Debashis Ghosh, David Joa, Timothy J. Bendel, Michael James O'Hagan, Mayur Dhanji Chheda
  • Patent number: 8862512
    Abstract: Embodiments of the invention include a method of developing a financial transaction data profile. Financial instruments are received as images, where the financial instruments include transactional data. The transactional data is extracted from the financial instruments and uploaded to a computer. The transactional data is organized so that the transactional data is grouped into categories. The categories are stored for presentation to the user in a financial transaction profile.
    Type: Grant
    Filed: February 25, 2010
    Date of Patent: October 14, 2014
    Assignee: Bank of America
    Inventors: David Joa, Kerry Cantley, Kurt D. Newman, Debashis Ghosh
  • Patent number: 8805937
    Abstract: A system and method for electronic mail analysis and processing is disclosed. In one embodiment, the method includes receiving a plurality of electronic mail messages. The method also includes for each of the plurality of electronic mail messages, determining one or more characteristics associated with the respective electronic mail message. Further, the method includes assigning a numerical value to each of the plurality of electronic mail messages based on the determined characteristics and based on the assigned numerical values, selecting one or more of the plurality of electronic mail messages to transmit to a user. The method further includes generating a message based on the selected one or more of the plurality of electronic mail messages and transmitting the generated message to the user.
    Type: Grant
    Filed: June 28, 2010
    Date of Patent: August 12, 2014
    Assignee: Bank of America Corporation
    Inventors: Timothy J. Bendel, Debashis Ghosh, David Joa, Kurt D. Newman
  • Patent number: 8749347
    Abstract: Embodiments of the present invention relate to systems and methods for authenticating the identity of an authorized custodian of a physical item and activating a tracking device concealed in the physical item in the event the item is removed from a controlled area or accessed by an unauthorized individual. In particular, according to some embodiments, the identity of an authorized custodian of a physical item stored in a controlled area is authenticated by: recording an image of an iris of the authorized custodian in a database; capturing an image of an iris of an individual attempting to remove the physical item from the controlled area; and verifying, prior to allowing removal of the physical item, that the captured image of the iris of the individual attempting to the physical item matches the recorded image of the iris of the authorized custodian.
    Type: Grant
    Filed: January 29, 2009
    Date of Patent: June 10, 2014
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, Michael J. O'Hagan, Debashis Ghosh, David Joa, Timothy J. Bendel
  • Patent number: 8693737
    Abstract: Systems and methods for biometrically identifying an individual for purchasing a product and/or service without a need for the individual to input authentication data into a system/device are described. Data representative of a scanned iris of a customer desiring to make a purchase may be made. The customer may be identified based upon the scanned iris. A determination may be made as to whether the identified customer has a plurality of accounts at a financial entity. Information of a selected account to make the purchase may be received. Sufficient funds in the selected account to make the purchase may be determined. If insufficient, a different account may be identified to make the purchase. Sufficient funds in the different accounts may be determined and funds in the different accounts may be decreased by the associated payment amount.
    Type: Grant
    Filed: September 30, 2008
    Date of Patent: April 8, 2014
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, Debashish Ghosh, David Joa, Timothy J. Bendel, Michael James O'Hagan, Mayur Chheda
  • Patent number: 8688578
    Abstract: The business community hub application provides a business customer the ability to add an event or offer to the community hub that can be accessed by individual customers or business customers. The business community hub application also notifies business customers of offers provided by other businesses or about local community events in which the business customer may be interested. The business customers have the ability to find contacts and network with other local businesses. The business community hub application also uses transaction information available to the bank to display market data and trends that may be of interest to the business customer. In this way, the business community hub works with the online banking application as a tool for local businesses, it allows business customers to interact with individual customers, the community in general, as well as other businesses, in a forum for exchanging products, services, and information.
    Type: Grant
    Filed: February 26, 2010
    Date of Patent: April 1, 2014
    Assignee: Bank of America Corporation
    Inventors: Srinath Nagarajan, Timothy James Mark, David Joa, Kurt D. Newman
  • Patent number: 8682785
    Abstract: Systems, methods, and computer program products are provided for providing a consumer with information about the balance of the consumer's credit or debit account after a transaction, such as a purchase transaction, is made using the credit or debit account. In one embodiment, the issuing bank attaches a number representing the balance of the consumer's credit or debit account and/or other information about the balance to the authorization code when authorizing a purchase transaction so that, when a vendor provides the consumer with a purchase receipt that has the authorization code on the receipt, the balance information is automatically included on the receipt with the authorization code. In this way, the consumer can keep track of spending by knowing the total balance of the consumer's credit and/or debit account and/or other balance information after each credit or debit card purchase.
    Type: Grant
    Filed: October 30, 2008
    Date of Patent: March 25, 2014
    Assignee: Bank of America Corporation
    Inventors: Debashis Ghosh, David Joa, Kurt D. Newman, Thayer Allison, Sudeshna Banerjee, Mark V. Krein
  • Publication number: 20130305337
    Abstract: Systems and methods for integrating biometric authentication with video conference sessions are described. An individual seeking to participate in a video conference may first be identified with a biometric parameter such as an iris scan based on a comparison of the scanned iris with a database of stored parameters. If authorized, the system may connect the individual to the video session. In addition, the system may generate dynamic tags that allow the participants to identify and locate individuals in the video conference. For example, if one of the participants is speaking and moving within the room, her tag may change color and move with her on the video screen.
    Type: Application
    Filed: July 15, 2013
    Publication date: November 14, 2013
    Inventors: Kurt D. Newman, Debashis Ghosh, Michael James O'Hagan, David Joa, Timothy J. Bendel
  • Patent number: 8566217
    Abstract: Apparatus and methods for providing a trading recommendation. The apparatus and methods may involve using information about events and reactions to the events. The events and the reactions may be used to identify an expected impact of the event on a market. The expected impact may be used to recommend investment vehicle trades. The methods may include receiving an information item that relates to an event; receiving a sentiment indicator corresponding to the item; assigning to the item a market impact weighting index that is at least partially based on the sentiment indicator; and, based at least partially on the market impact weighting index, selecting the trading recommendation from a database of trading recommendations.
    Type: Grant
    Filed: September 24, 2008
    Date of Patent: October 22, 2013
    Assignee: Bank of America Corporation
    Inventors: Debashis Ghosh, David Joa, Kurt D. Newman, Thayer Allison, Sudeshna Banerjee, Mark Krein
  • Patent number: 8558663
    Abstract: Real time facial images of individuals transacting accounts held in a bank facility are taken following the grant of authorization to the individual to access the account under the bank's required identification protocol, the real time facial images being matched to recorded facial images of account holders maintained by the bank to further authenticate the transacting individual as having authorized account access.
    Type: Grant
    Filed: November 30, 2007
    Date of Patent: October 15, 2013
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, Sudeshna Banerjee, Timothy J. Bendel, Debashis Ghosh, David Joa, Thayer S. Allison, Jr.
  • Patent number: 8550339
    Abstract: Systems and methods for implementing a sequence of fingerprints for biometric authentication are provided. A sequence of fingerprints is more difficult to fraudulently circumvent than a single finger or thumb print. A sequence of fingerprints takes advantage of inexpensive fingerprint scanners and easily available fingerprints. A sequence of fingerprints may be used in conjunction with additional biometric authentications and/or confidential access sequences. The sequence of fingerprints may include prints of the digits of the foot. The sequence of fingerprints for biometric authentication may be system or user defined.
    Type: Grant
    Filed: January 4, 2011
    Date of Patent: October 8, 2013
    Assignee: Bank of America Corporation
    Inventors: Kurt D. Newman, Timothy J. Bendel, Rustam N. Wadia, Debashis Ghosh, David Joa
  • Patent number: 8527403
    Abstract: In general, embodiments of the invention relate to systems, methods, and computer program products for predicting population migration and analyzing migration-affecting programs. For example, an apparatus is provided having a memory device with population information and a plurality of migration factors stored therein. The population information includes information about population distribution across a plurality of classifications. Each of the plurality of migration factors corresponds to a particular classification of the plurality of classifications and indicates how population members of the particular classification migrate to other classifications over a particular time period. The apparatus also includes a processor communicably coupled to the memory device and configured to use the migration factors and the population information to forecast changes in the population distribution across each of the plurality of classifications over multiple time periods.
    Type: Grant
    Filed: January 22, 2010
    Date of Patent: September 3, 2013
    Assignee: Bank of America Corporation
    Inventors: Yanghong Shao, Debashis Ghosh, Thayer S. Allison, Jr., Mark V. Krein, David Joa, Kurt D. Newman, Timothy J. Bendel, Sudeshna Banerjee