Patents by Inventor Michael L. Sgaraglio
Michael L. Sgaraglio 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: 7962405Abstract: A method for analyzing merchant account information comprises receiving at a server computer application information on merchants applying for credit service accounts. The application information is electronically stored at a storage location. At the server computer information is received from a user computer on how at least some of the accounts are being serviced. The servicing information is stored at the storage location.Type: GrantFiled: March 27, 2002Date of Patent: June 14, 2011Assignee: First Data CorporationInventors: Michael L. Sgaraglio, Karin A. Erikson, Edward J. Long, Jr.
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Publication number: 20080288392Abstract: A method for establishing credit services with a merchant account using a computer system comprises receiving at a server computer application information on a merchant applying for a credit service. The application information is stored in a database. At the server computer, a request from a credit investigator is received to view at least some of the application information. The requested information is then sent to the credit investigator from the server computer.Type: ApplicationFiled: May 7, 2007Publication date: November 20, 2008Applicant: First Data CorporationInventors: Michael L. Sgaraglio, Edward J. Long, Mark G. Arthus
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Publication number: 20080281753Abstract: Methods, systems, and machine-readable media are disclosed for processing financial transactions. According to one embodiment, a method for processing financial transactions prior to a collection of payment for the transactions can comprise receiving information related to a plurality of transactions from a party to the transactions. One or more rules can be applied to the information related to the plurality of transactions. The one or more rules can define dispositions of the payment for the transactions to provide for collection of fees associated with the transactions. Payment for the transactions can be handled based on applying the one or more rules.Type: ApplicationFiled: May 11, 2007Publication date: November 13, 2008Applicant: First Data CorporationInventors: Michael L. Sgaraglio, John Collins
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Publication number: 20080249926Abstract: Methods, systems, and machine-readable media are disclosed for handling unfunded financial transactions. According to one embodiment, information related to a transaction can be received. One or more rules can be applied to the information related to the transaction and a determination can be made as to whether payment of the transaction is doubtful based on application of the one or more rules. Applying the one or more rules to the from a set of rules based on a source of the information related to the transaction, a type of the transaction, identity of one or more parties to the transaction, or other information related to the transaction. In response to determining that payment of the transaction is doubtful, a portion of an account receivable corresponding to the transaction can be written off.Type: ApplicationFiled: April 9, 2007Publication date: October 9, 2008Applicant: First Data CorporationInventors: Michael L. Sgaraglio, Linda J. Russo
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Publication number: 20030187778Abstract: A method for establishing credit services with a merchant account using a computer system comprises receiving at a server computer application information on a merchant applying for a credit service. The application information is stored in a database. At the server computer, a request from a credit investigator is received to view at least some of the application information. The requested information is then sent to the credit investigator from the server computer.Type: ApplicationFiled: March 27, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventors: Michael L. Sgaraglio, Edward J. Long, Mark G. Arthus
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Publication number: 20030187782Abstract: A method for analyzing merchant account information comprises receiving at a server computer application information on merchants applying for credit service accounts. The application information is electronically stored at a storage location. At the server computer information is received from a user computer on how at least some of the accounts are being serviced. The servicing information is stored at the storage location.Type: ApplicationFiled: March 27, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventors: Michael L. Sgaraglio, Karin A. Erikson, Edward J. Long
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Publication number: 20030187765Abstract: Methods and systems for evaluating credit risk are provided. Following underwriting approval, merchants receive credit authorization from a credit issuing entity and initiate operation. Thereafter, circumstances may result in increased credit risk to the credit issuing entity. According to the present invention, the transaction history for each merchant is recorded. Periodically, the transaction history is evaluated for credit risk and merchants may be selected for credit risk review. A merchant is selected from a list of merchants to be reviewed and one or more analyses are performed to evaluate the degree of risk imposed by the merchant. Additional information may also be collected relating to the merchant. Based on the evaluation and the additional information, modifications may be made to the manner in which future credit risk is determined for the merchant. A decision tree may be used to collect the additional information and perform the analyses.Type: ApplicationFiled: March 27, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventor: Michael L. Sgaraglio
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Publication number: 20030187780Abstract: A method for facilitating the collection of outstanding funds from merchants having an outstanding funds balance includes receiving at a server computer transaction information relating to a plurality of merchants and receiving a request to generate a list of merchants exceeding certain payment risk criteria. The method also includes transmitting the list to a collections computer and receiving a request at the server computer to view account information for one of the merchants on the list. The method further includes transmitting requested account information and receiving “follow up” information at the server computer relating to actions taken by a collections officer to reduce the payment risk. Associated systems are also provided.Type: ApplicationFiled: March 27, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventors: Mark G. Arthus, Michael L. Sgaraglio, William S. Miller
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Publication number: 20030187712Abstract: A method of creating a decision tree includes receiving at a server computer information relating to a first node of the decision tree. The information is stored. Additional information is received at a server computer relating to at least one additional node of the decision tree. The additional information is stored such that the information and the additional information are interrelated with respect to a hierarchical structure. Methods for using the decision tree are also provided.Type: ApplicationFiled: March 27, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventors: Mark G. Arthus, Michael L. Sgaraglio, William S. Miller
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Publication number: 20030187783Abstract: A method of monitoring credit fraud relating to a plurality of merchants includes, on a server computer, collecting transaction information relating to the merchants and electronically evaluating the collected transaction information for potentially fraudulent activities using specific criteria. The method further includes flagging merchants having transaction information indicating potentially fraudulent activity. Systems for implementing the method are also provided.Type: ApplicationFiled: March 27, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventors: Mark G. Arthus, Michael L. Sgaraglio, William S. Miller
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Publication number: 20030187759Abstract: A method of monitoring credit fraud relating to a plurality of merchants includes, on a server computer, collecting transaction information relating to the merchants and electronically evaluating the collected transaction information for potentially fraudulent activities using specific criteria. The method further includes flagging merchants having transaction information indicating potentially fraudulent activity. Systems for implementing the method are also provided. The method may include collecting transaction records relating to other electronic accounts and electronically monitoring the accounts using specified criteria for potentially fraudulent activity.Type: ApplicationFiled: December 17, 2002Publication date: October 2, 2003Applicant: First Data CorporationInventors: Mark G. Arthus, Michael L. Sgaraglio, William S. Miller, Henry M. Abelman, Kenneth Algiene