Patents by Inventor Leigh Radtke

Leigh Radtke 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: 20240046228
    Abstract: An automation computer can receive a set of instructions pertaining to a transaction. The automation computer can generate a request to generate and activate a virtual account, where the virtual account is associated with a transaction value and a transaction amount. The virtual account can be managed by an authorization computer that can load a transaction value onto the virtual account in an amount equal to the transaction amount. The authorization computer managing both issuer and acquirer functionality in a transaction settlement can settle the transaction rapidly using the loaded virtual account by depositing the transaction value associated with the virtual account directly into an account of a resource provider.
    Type: Application
    Filed: October 10, 2023
    Publication date: February 8, 2024
    Applicant: Visa International Service Association
    Inventors: Chris Truelson, Leigh Radtke
  • Patent number: 11816643
    Abstract: An automation computer can receive a set of instructions pertaining to a transaction. The automation computer can generate a request to generate and activate a virtual account, where the virtual account is associated with a transaction value and a transaction amount. The virtual account can be managed by an authorization computer that can load a transaction value onto the virtual account in an amount equal to the transaction amount. The authorization computer managing both issuer and acquirer functionality in a transaction settlement can settle the transaction rapidly using the loaded virtual account by depositing the transaction value associated with the virtual account directly into an account of a resource provider.
    Type: Grant
    Filed: January 5, 2022
    Date of Patent: November 14, 2023
    Assignee: Visa International Service Association
    Inventors: Chris Truelson, Leigh Radtke
  • Publication number: 20220129868
    Abstract: An automation computer can receive a set of instructions pertaining to a transaction. The automation computer can generate a request to generate and activate a virtual account, where the virtual account is associated with a transaction value and a transaction amount. The virtual account can be managed by an authorization computer that can load a transaction value onto the virtual account in an amount equal to the transaction amount. The authorization computer managing both issuer and acquirer functionality in a transaction settlement can settle the transaction rapidly using the loaded virtual account by depositing the transaction value associated with the virtual account directly into an account of a resource provider.
    Type: Application
    Filed: January 5, 2022
    Publication date: April 28, 2022
    Inventors: Chris Truelson, Leigh Radtke
  • Patent number: 11250393
    Abstract: An automation computer can receive a set of instructions pertaining to a transaction. The automation computer can generate a request to generate and activate a virtual account, where the virtual account is associated with a transaction value and a transaction amount. The virtual account can be managed by an authorization computer that can load a transaction value onto the virtual account in an amount equal to the transaction amount. The authorization computer managing both issuer and acquirer functionality in a transaction settlement can settle the transaction rapidly using the loaded virtual account by depositing the transaction value associated with the virtual account directly into an account of a resource provider.
    Type: Grant
    Filed: November 9, 2018
    Date of Patent: February 15, 2022
    Assignee: Visa International Service Association
    Inventors: Chris Truelson, Leigh Radtke
  • Publication number: 20200151681
    Abstract: An automation computer can receive a set of instructions pertaining to a transaction. The automation computer can generate a request to generate and activate a virtual account, where the virtual account is associated with a transaction value and a transaction amount. The virtual account can be managed by an authorization computer that can load a transaction value onto the virtual account in an amount equal to the transaction amount. The authorization computer managing both issuer and acquirer functionality in a transaction settlement can settle the transaction rapidly using the loaded virtual account by depositing the transaction value associated with the virtual account directly into an account of a resource provider.
    Type: Application
    Filed: November 9, 2018
    Publication date: May 14, 2020
    Inventors: Chris Truelson, Leigh Radtke