Patents by Inventor Mohamed Lafeer

Mohamed Lafeer 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).

  • Patent number: 11328366
    Abstract: A system includes a financial data storage that stores internal account data, external account data, and transaction data, a communications interface configured to receive external account data from an external data source and transaction data from a merchant, and a database manager that cooperates with the communications interface to store the external account data and the transaction data. The system also includes an account balance prediction processor configured to identify recurring expense transaction(s) and recurring income transaction(s) and update them based on user input, determine predicted expense transaction(s) and a predictive income using a predictive model, and calculate a predicted account balance. The system also includes a transaction monitor configured to compare one or more actual expense transactions with one or more predicted expense transactions, and an alert transmitter configure to generate and transmit one or more alerts based on the comparison.
    Type: Grant
    Filed: June 8, 2020
    Date of Patent: May 10, 2022
    Assignee: CAPITAL ONE SERVICES, LLC
    Inventors: Jeremy Rephlo, Daniel L. Struble, Mohamed Lafeer, Robert D. Rowley, Nondini A. Naqui, Sarah Calandro, Colin Hart
  • Publication number: 20210365941
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Application
    Filed: August 2, 2021
    Publication date: November 25, 2021
    Applicant: Capital One Services, LLC
    Inventors: Jesse N. KENDRICK, Mohamed LAFEER, Jeremy REPHLO
  • Patent number: 11107077
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Grant
    Filed: March 30, 2020
    Date of Patent: August 31, 2021
    Assignee: Capital One Services, LLC
    Inventors: Jesse N. Kendrick, Mohamed Lafeer, Jeremy Rephlo
  • Publication number: 20200302552
    Abstract: A system includes a financial data storage that stores internal account data, external account data, and transaction data, a communications interface configured to receive external account data from an external data source and transaction data from a merchant, and a database manager that cooperates with the communications interface to store the external account data and the transaction data. The system also includes an account balance prediction processor configured to identify recurring expense transaction(s) and recurring income transaction(s) and update them based on user input, determine predicted expense transaction(s) and a predictive income using a predictive model, and calculate a predicted account balance. The system also includes a transaction monitor configured to compare one or more actual expense transactions with one or more predicted expense transactions, and an alert transmitter configure to generate and transmit one or more alerts based on the comparison.
    Type: Application
    Filed: June 8, 2020
    Publication date: September 24, 2020
    Inventors: Jeremy Rephlo, Daniel L. Struble, Mohamed Lafeer, Robert D. Rowley, Nondini A. Naqui, Sarah Calandro, Colin Hart
  • Publication number: 20200226594
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Application
    Filed: March 30, 2020
    Publication date: July 16, 2020
    Applicant: Capital One Services, LLC
    Inventors: Jesse N. Kendrick, Mohamed Lafeer, Jeremy Rephlo
  • Patent number: 10713733
    Abstract: A system includes a financial data storage that stores internal account data, external account data, and transaction data, a communications interface configured to receive external account data from an external data source and transaction data from a merchant, and a database manager that cooperates with the communications interface to store the external account data and the transaction data. The system also includes an account balance prediction processor configured to identify recurring expense transaction(s) and recurring income transaction(s) and update them based on user input, determine predicted expense transaction(s) and a predictive income using a predictive model, and calculate a predicted account balance. The system also includes a transaction monitor configured to compare one or more actual expense transactions with one or more predicted expense transactions, and an alert transmitter configure to generate and transmit one or more alerts based on the comparison.
    Type: Grant
    Filed: October 29, 2018
    Date of Patent: July 14, 2020
    Assignee: CAPITAL ONE SERVICES, LLC
    Inventors: Jeremy D. Rephlo, Daniel L. Struble, Mohamed Lafeer, Robert D. Rowley, Nondini A. Naqui, Sarah Calandro, Colin Hart
  • Patent number: 10643206
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Grant
    Filed: April 9, 2018
    Date of Patent: May 5, 2020
    Assignee: Capital One Services, LLC
    Inventors: Jesse N. Kendrick, Mohamed Lafeer, Jeremy Rephlo
  • Publication number: 20200065805
    Abstract: Wireless communication technologies, a dynamic transaction card, and a mobile application may be utilized to facilitate multi-factor authentication and secure electronic checkout of any website. A wireless connection between a dynamic transaction card and a user device may be utilized to authenticate a user. A user device application may be triggered to call, via an application programming interface (API), an account provider system, and this unique pairing may automatically facilitate payment to a merchant system associated with the electronic check out page.
    Type: Application
    Filed: October 29, 2019
    Publication date: February 27, 2020
    Inventors: James Zarakas, Mohamed Lafeer, Molly Johnson, Saleem Sangi, Kevin Kelly, Adam Koeppel
  • Publication number: 20190197509
    Abstract: A system for conducting a transaction is disclosed. The system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to receive information associated with a transaction initiated using a multi-account card. The one or more processors may be further configured to select and employ one of a plurality of transaction accounts to complete the transaction.
    Type: Application
    Filed: March 1, 2019
    Publication date: June 27, 2019
    Applicant: Capital One Financial Corporation
    Inventors: Mohamed Lafeer, Adam R. Koeppel
  • Patent number: 10296906
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Grant
    Filed: January 5, 2018
    Date of Patent: May 21, 2019
    Assignee: Capital One Financial Corporation
    Inventors: Jesse N. Kendrick, Mohamed Lafeer, Jeremy Rephlo
  • Patent number: 10296888
    Abstract: A system for conducting a transaction is disclosed. The system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to receive information associated with a transaction initiated using a multi-account card. The one or more processors may be further configured to select and employ one of a plurality of transaction accounts to complete the transaction.
    Type: Grant
    Filed: May 15, 2015
    Date of Patent: May 21, 2019
    Assignee: Capital One Services, LLC
    Inventors: Mohamed Lafeer, Adam R Koeppel
  • Patent number: 10262313
    Abstract: A system for conducting a transaction is disclosed. The system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to receive information associated with a transaction initiated using a multi-account card. The one or more processors may be further configured to select and employ one of a plurality of transaction accounts to complete the transaction.
    Type: Grant
    Filed: March 27, 2018
    Date of Patent: April 16, 2019
    Assignee: Capital One Services, LLC
    Inventors: Mohamed Lafeer, Adam R. Koeppel
  • Publication number: 20190066229
    Abstract: A system includes a financial data storage that stores internal account data, external account data, and transaction data, a communications interface configured to receive external account data from an external data source and transaction data from a merchant, and a database manager that cooperates with the communications interface to store the external account data and the transaction data. The system also includes an account balance prediction processor configured to identify recurring expense transaction(s) and recurring income transaction(s) and update them based on user input, determine predicted expense transaction(s) and a predictive income using a predictive model, and calculate a predicted account balance. The system also includes a transaction monitor configured to compare one or more actual expense transactions with one or more predicted expense transactions, and an alert transmitter configure to generate and transmit one or more alerts based on the comparison.
    Type: Application
    Filed: October 29, 2018
    Publication date: February 28, 2019
    Inventors: Jeremy D. Rephlo, Daniel L. Struble, Mohamed Lafeer, Robert D. Rowley, Nondini A. Naqui, Sarah Calandro, Colin Hart
  • Patent number: 10191987
    Abstract: Systems and methods are provided for searching financial data. For example, a device for searching transaction information is disclosed. The device may include interface hardware for receiving and providing information and a memory device for storing instructions. The device may also include one or more hardware processors configured to execute the instructions to receive a user request for information associated with one or more transactions in the form of a search query, transmit the search query to a transaction search engine for identification of one or more concepts from the search query, and receive, from the transaction search engine, responsive transaction data determined based on the one or more concepts identified from the search query. The one or more hardware processors may be further configured to determine a result that satisfies the user request based on the responsive transaction data, and provide the result via the interface hardware.
    Type: Grant
    Filed: November 20, 2014
    Date of Patent: January 29, 2019
    Assignee: Capital One Services, LLC
    Inventors: Colin Hart, Mohamed Lafeer, Sarah Calandro, Jeremy Rephlo, Scott Totman
  • Patent number: 10115166
    Abstract: A system and a method for account transaction balance prediction for an account held with a financial institution based on past and present account activity. An account balance prediction processor determines a recurring financial transaction based on at least one of: the internal account data, the external account data, and the transaction data. The system calculates a predicted account balance based on the total predicted financial transactions and the predicted income. A transaction monitor receives actual financial transaction data and actual income data, and compares the actual financial transaction data with the predicted financial transaction, and compares the actual income data with the predicted income data. An alert transmitter transmits in real time, an alert. A machine learning processor continuously adjusts calculations of financial transactions and income.
    Type: Grant
    Filed: January 21, 2015
    Date of Patent: October 30, 2018
    Assignee: Capital One Services, LLC
    Inventors: Jeremy Rephlo, Daniel L. Struble, Mohamed Lafeer, Robert D. Rowley, Nondini A. Naqui, Sarah Calandro, Colin Hart
  • Publication number: 20180225664
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Application
    Filed: April 9, 2018
    Publication date: August 9, 2018
    Applicant: Capital One Services, LLC
    Inventors: Jesse N. KENDRICK, Mohamed LAFEER, Jeremy REPHLO
  • Publication number: 20180218352
    Abstract: A system for conducting a transaction is disclosed. The system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to receive information associated with a transaction initiated using a multi-account card. The one or more processors may be further configured to select and employ one of a plurality of transaction accounts to complete the transaction.
    Type: Application
    Filed: March 27, 2018
    Publication date: August 2, 2018
    Applicant: Capital One Services, LLC
    Inventors: Mohamed Lafeer, Adam R. Koeppel
  • Patent number: 10026084
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Grant
    Filed: April 13, 2015
    Date of Patent: July 17, 2018
    Assignee: Capital One Services, LLC
    Inventors: Jesse N. Kendrick, Mohamed Lafeer, Jeremy Rephlo
  • Publication number: 20180130055
    Abstract: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.
    Type: Application
    Filed: January 5, 2018
    Publication date: May 10, 2018
    Applicant: Capital One Financial Corporation
    Inventors: Jesse N. KENDRICK, Mohamed LAFEER, Jeremy REPHLO
  • Publication number: 20150332246
    Abstract: A system for conducting a transaction is disclosed. The system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to receive information associated with a transaction initiated using a multi-account card. The one or more processors may be further configured to select and employ one of a plurality of transaction accounts to complete the transaction.
    Type: Application
    Filed: May 15, 2015
    Publication date: November 19, 2015
    Applicant: CAPITAL ONE FINANCIAL CORPORATION
    Inventors: Mohamed LAFEER, Adam R. KOEPPEL