Patents by Inventor Olakunle H. Olamuyiwa

Olakunle H. Olamuyiwa 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).

  • VERIFICATION METHODS FOR FRAUD PREVENTION IN MONEY TRANSFER RECEIVE TRANSACTIONS
    Publication number: 20190005505
    Abstract: A computer system is operated to prevent fraud in a money transfer receive transaction. A send transaction request is received from a sender for a money transfer including a send amount. The sender is prompted to select one or more security inputs to be supplied by a receiver for redemption of the money transfer. A send transaction record is stored with the selected one or more security inputs in a server. A receive transaction request is then received from the receiver. The receiver is prompted for the one or more security inputs set for redemption of the money transfer, and the provided one or more security inputs from the receiver are received. The received one or more security inputs are authenticated, and release of funds in the send amount is authorized if the received one or more security inputs are authenticated.
    Type: Application
    Filed: December 22, 2017
    Publication date: January 3, 2019
    Inventors: Keith Fulton, Chris Van Matre, Billy Joe Steiger, JR., Eric J. Sander, Olakunle H. Olamuyiwa, Georgina Essah
  • Verification methods for fraud prevention in money transfer receive transactions
    Patent number: 9858574
    Abstract: A computer system is operated to prevent fraud in a money transfer receive transaction. A send transaction request is received from a sender for a money transfer including a send amount. The sender is prompted to select one or more security inputs to be supplied by a receiver for redemption of the money transfer. A send transaction record is stored with the selected one or more security inputs in a server. A receive transaction request is then received from the receiver. The receiver is prompted for the one or more security inputs set for redemption of the money transfer, and the provided one or more security inputs from the receiver are received. The received one or more security inputs are authenticated, and release of funds in the send amount is authorized if the received one or more security inputs are authenticated.
    Type: Grant
    Filed: June 3, 2014
    Date of Patent: January 2, 2018
    Assignee: MoneyGram International, Inc.
    Inventors: Keith Fulton, Chris Van Matre, Billy Joe Steiger, Eric J. Sander, Olakunle H. Olamuyiwa, Georgina Essah
  • VERIFICATION METHODS FOR FRAUD PREVENTION IN MONEY TRANSFER RECEIVE TRANSACTIONS
    Publication number: 20140289120
    Abstract: A computer system is operated to prevent fraud in a money transfer receive transaction. A send transaction request is received from a sender for a money transfer including a send amount. The sender is prompted to select one or more security inputs to be supplied by a receiver for redemption of the money transfer. A send transaction record is stored with the selected one or more security inputs in a server. A receive transaction request is then received from the receiver. The receiver is prompted for the one or more security inputs set for redemption of the money transfer, and the provided one or more security inputs from the receiver are received. The received one or more security inputs are authenticated, and release of funds in the send amount is authorized if the received one or more security inputs are authenticated.
    Type: Application
    Filed: June 3, 2014
    Publication date: September 25, 2014
    Applicant: MoneyGram International, Inc.
    Inventors: Keith Fulton, Chris Van Matre, Billy Joe Steiger, Eric J. Sander, Olakunle H. Olamuyiwa, Georgina Essah
  • Verification methods for fraud prevention in money transfer receive transactions
    Patent number: 8751395
    Abstract: A computer system is operated to prevent fraud in a money transfer receive transaction. A send transaction request is received from a sender for a money transfer including a send amount. The sender is prompted to select one or more security inputs to be supplied by a receiver for redemption of the money transfer. A send transaction record is stored with the selected one or more security inputs in a server. A receive transaction request is then received from the receiver. The receiver is prompted for the one or more security inputs set for redemption of the money transfer, and the provided one or more security inputs from the receiver are received. The received one or more security inputs are authenticated, and release of funds in the send amount is authorized if the received one or more security inputs are authenticated.
    Type: Grant
    Filed: August 3, 2010
    Date of Patent: June 10, 2014
    Assignee: MoneyGram International, Inc.
    Inventors: Keith Fulton, Chris Van Matre, Billy Joe Steiger, Jr., Eric J. Sander, Olakunle H. Olamuyiwa, Georgina Essah
  • VERIFICATION METHODS FOR FRAUD PREVENTION IN MONEY TRANSFER RECEIVE TRANSACTIONS
    Publication number: 20120036071
    Abstract: A computer system is operated to prevent fraud in a money transfer receive transaction. A send transaction request is received from a sender for a money transfer including a send amount. The sender is prompted to select one or more security inputs to be supplied by a receiver for redemption of the money transfer. A send transaction record is stored with the selected one or more security inputs in a server. A receive transaction request is then received from the receiver. The receiver is prompted for the one or more security inputs set for redemption of the money transfer, and the provided one or more security inputs from the receiver are received. The received one or more security inputs are authenticated, and release of funds in the send amount is authorized if the received one or more security inputs are authenticated.
    Type: Application
    Filed: August 3, 2010
    Publication date: February 9, 2012
    Applicant: MONEYGRAM INTERNATIONAL, INC.
    Inventors: Keith Fulton, Chris Van Matre, Billy Joe Steiger, JR., Eric J. Sander, Olakunle H. Olamuyiwa, Georgina Essah