Patents by Inventor Mark David Felse
Mark David Felse 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).
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Patent number: 11295278Abstract: Embodiments of the present invention provide apparatuses and methods that help validate and process payment instruments for different products, such as but not limited to credit card payments, mortgage payments, or any other type of payment. The payment amount from a payment instrument may be determined from a multiple locations on the payment instrument. In addition, a payment amount may be determined from a remittance document that accompanies the payment instrument, such as a remittance coupon that is mailed along with a check. The amount in the remittance courtesy box, the minimum amount due, the last payment made, and the full balance remaining may all be captured and used to validate the amount on the payment instrument. Moreover, one or more confidence scores for the amounts on the payment instrument and remittance document may be used to validate the payment amount.Type: GrantFiled: October 25, 2018Date of Patent: April 5, 2022Assignee: BANK OF AMERICA CORPORATIONInventors: James Kevin Benton, Mark David Felse, Sarah Catherine Christine, John Barrett Hall, Michael J. Pepe, Jr., Kerry Kurt Simpkins
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Publication number: 20190172022Abstract: Embodiments of the present invention provide apparatuses and methods that help validate and process payment instruments for different products, such as but not limited to credit card payments, mortgage payments, or any other type of payment. The payment amount from a payment instrument may be determined from a multiple locations on the payment instrument. In addition, a payment amount may be determined from a remittance document that accompanies the payment instrument, such as a remittance coupon that is mailed along with a check. The amount in the remittance courtesy box, the minimum amount due, the last payment made, and the full balance remaining may all be captured and used to validate the amount on the payment instrument. Moreover, one or more confidence scores for the amounts on the payment instrument and remittance document may be used to validate the payment amount.Type: ApplicationFiled: October 25, 2018Publication date: June 6, 2019Applicant: BANK OF AMERICA CORPORATIONInventors: James Kevin Benton, Mark David Felse, Sarah Catherine Christine, John Barrett Hall, Michael J. Pepe, JR., Kerry Kurt Simpkins
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Patent number: 10140597Abstract: Embodiments of the present invention provide apparatuses and methods that help validate and process payment instruments for different products, such as but not limited to credit card payments, mortgage payments, or any other type of payment. The payment amount from a payment instrument may be determined from a multiple locations on the payment instrument. In addition, a payment amount may be determined from a remittance document that accompanies the payment instrument, such as a remittance coupon that is mailed along with a check. The amount in the remittance courtesy box, the minimum amount due, the last payment made, and the full balance remaining may all be captured and used to validate the amount on the payment instrument. Moreover, one or more confidence scores for the amounts on the payment instrument and remittance document may be used to validate the payment amount.Type: GrantFiled: August 29, 2014Date of Patent: November 27, 2018Assignee: BANK OF AMERICA CORPORATIONInventors: James Kevin Benton, Mark David Felse, Sarah Catherine Christine, John Barrett Hall, Michael J. Pepe, Kerry Kurt Simpkins
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Publication number: 20160063454Abstract: Embodiments of the present invention provide apparatuses and methods that help validate and process payment instruments for different products, such as but not limited to credit card payments, mortgage payments, or any other type of payment. The payment amount from a payment instrument may be determined from a multiple locations on the payment instrument. In addition, a payment amount may be determined from a remittance document that accompanies the payment instrument, such as a remittance coupon that is mailed along with a check. The amount in the remittance courtesy box, the minimum amount due, the last payment made, and the full balance remaining may all be captured and used to validate the amount on the payment instrument. Moreover, one or more confidence scores for the amounts on the payment instrument and remittance document may be used to validate the payment amount.Type: ApplicationFiled: August 29, 2014Publication date: March 3, 2016Inventors: James Kevin Benton, Mark David Felse, Sarah Catherine Christine, John Barrett Hall, Michael J. Pepe, JR., Kerry Kurt Simpkins
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Publication number: 20160063460Abstract: Embodiments of the present invention provide apparatuses and methods that help validate and process payment instruments for different products, such as but not limited to credit card payments, mortgage payments, or any other type of payment. The payment amount from a payment instrument may be determined from a multiple locations on the payment instrument. In addition, a payment amount may be determined from a remittance document that accompanies the payment instrument, such as a remittance coupon that is mailed along with a check. The amount in the remittance courtesy box, the minimum amount due, the last payment made, and the full balance remaining may all be captured and used to validate the amount on the payment instrument. Moreover, one or more confidence scores for the amounts on the payment instrument and remittance document may be used to validate the payment amount.Type: ApplicationFiled: August 29, 2014Publication date: March 3, 2016Inventors: James Kevin Benton, Mark David Felse, Sarah Catherine Christine, John Barrett Hall, Michael J. Pepe, JR., Kerry Kurt Simpkins, Mitchell Franklin
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Patent number: 8751340Abstract: A method for check destruction tracking and reconstruction relates to tracking the destruction of financial institution items, such as paper checks. The method includes transferring the financial institution items to a bin for transporting the items to be destroyed. The bin is associated with a bin identifier. The items which are in the bin are identified and the bin is transported for destruction. If the items are safely transported and safely destroyed, a notification of destruction of the items in the bin is sent. If the items are either not safely transported or not safely destroyed, a notification of an incident is sent. Appropriate action may be taken in response to receiving such notification.Type: GrantFiled: January 8, 2009Date of Patent: June 10, 2014Assignee: Bank of America CorporationInventors: Humberto Kenneth Piedra, Hamilton Tarry Boyd, Mark David Felse, Barry Thomas Vanlandingham
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Publication number: 20100174632Abstract: A method for check destruction tracking and reconstruction relates to tracking the destruction of financial institution items, such as paper checks. The method includes transferring the financial institution items to a bin for transporting the items to be destroyed. The bin is associated with a bin identifier. The items which are in the bin are identified and the bin is transported for destruction. If the items are safely transported and safely destroyed, a notification of destruction of the items in the bin is sent. If the items are either not safely transported or not safely destroyed, a notification of an incident is sent. Appropriate action may be taken in response to receiving such notification.Type: ApplicationFiled: January 8, 2009Publication date: July 8, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Humberto Kenneth Piedra, Hamilton Tarry Boyd, Mark David Felse, Barry Thomas Vanlandingham
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Patent number: 7630518Abstract: An image processing system requires that both a data file and an image file are received before the item is sent to a posting system. When a data file including an image is received, the system determines if the image was properly and timely received. If the file was properly received, the file is interpreted to ascertain whether the image has been previously tested and passed image quality analysis or if it requires testing by the receiving institution. If testing is required the image is sent through image quality analysis (IQA) to determine if the image meets an acceptable quality standard. If the image passes IQA, it is passed to the institution's posting process. If the image does not pass IQA and the failure is not overridden, the item is returned to the presenting institution. The system prevents the posting of the transaction and corresponding image until a quality image is received and approved.Type: GrantFiled: August 4, 2005Date of Patent: December 8, 2009Assignee: Bank of America CorporationInventors: David Todd Frew, Matthew A. Calman, Mark David Felse, Kerry Cantley