Patents by Inventor Rachel B. Cochran

Rachel B. Cochran 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: 20220058653
    Abstract: Cost altering payment services (“CAPS”) system in association with a distributed enhanced payment (“DEP”) processing system includes a merchant point of sale (“POS”) terminal system and a remote enhanced payment management system (“EPMS”). The remote EPMS receives payment transactions including additional risk mitigating payment transaction (“RMPT”) information and based on that additional RMPT information provides altered transaction costs. The remote EPMS provides facilities for the merchant to review and revise payment management services so as to utilize additional RMPT information received from the merchant POS terminal system so as to alter transaction costs. Such facilities provide information to determine the relative potential transaction cost benefits of various payment management service sets utilizing cost profiles that represent the costs of archival, recorded and projected future transactions.
    Type: Application
    Filed: October 29, 2021
    Publication date: February 24, 2022
    Inventors: Matthew D. OZVAT, John BERKLEY, Kevin OLIVER, William T. COOPER, Charles E. WATTS, Rachel B. COCHRAN
  • Patent number: 11195182
    Abstract: Cost altering payment services (“CAPS”) system in association with a distributed enhanced payment (“DEP”) processing system includes a merchant point of sale (“POS”) terminal system and a remote enhanced payment management system (“EPMS”). The remote EPMS receives payment transactions including additional risk mitigating payment transaction (“RMPT”) information and based on that additional RMPT information provides altered transaction costs. The remote EPMS provides facilities for the merchant to review and revise payment management services so as to utilize additional RMPT information received from the merchant POS terminal system so as to alter transaction costs. Such facilities provide information to determine the relative potential transaction cost benefits of various payment management service sets utilizing cost profiles that represent the costs of archival, recorded and projected future transactions.
    Type: Grant
    Filed: May 21, 2019
    Date of Patent: December 7, 2021
    Assignee: Worldpay, LLC
    Inventors: Matthew D. Ozvat, John Berkley, Kevin Oliver, William T. Cooper, Charles E. Watts, Rachel B. Cochran
  • Publication number: 20190272545
    Abstract: Cost altering payment services (“CAPS”) system in association with a distributed enhanced payment (“DEP”) processing system includes a merchant point of sale (“POS”) terminal system and a remote enhanced payment management system (“EPMS”). The remote EPMS receives payment transactions including additional risk mitigating payment transaction (“RMPT”) information and based on that additional RMPT information provides altered transaction costs. The remote EPMS provides facilities for the merchant to review and revise payment management services so as to utilize additional RMPT information received from the merchant POS terminal system so as to alter transaction costs. Such facilities provide information to determine the relative potential transaction cost benefits of various payment management service sets utilizing cost profiles that represent the costs of archival, recorded and projected future transactions.
    Type: Application
    Filed: May 21, 2019
    Publication date: September 5, 2019
    Inventors: Matthew D. OZVAT, John BERKLEY, Kevin OLIVER, William T. COOPER, Charles E. WATTS, Rachel B. COCHRAN
  • Patent number: 10346843
    Abstract: Cost altering payment services (“CAPS”) system in association with a distributed enhanced payment (“DEP”) processing system includes a merchant point of sale (“POS”) terminal system and a remote enhanced payment management system (“EPMS”). The remote EPMS receives payment transactions including additional risk mitigating payment transaction (“RMPT”) information and based on that additional RMPT information provides altered transaction costs. The remote EPMS provides facilities for the merchant to review and revise payment management services so as to utilize additional RMPT information received from the merchant POS terminal system so as to alter transaction costs. Such facilities provide information to determine the relative potential transaction cost benefits of various payment management service sets utilizing cost profiles that represent the costs of archival, recorded and projected future transactions.
    Type: Grant
    Filed: December 19, 2013
    Date of Patent: July 9, 2019
    Assignee: Worldpay, LLC
    Inventors: Matthew D. Ozvat, John Berkley, Kevin Oliver, William T. Cooper, Charles E. Watts, Rachel B. Cochran
  • Publication number: 20140180924
    Abstract: Cost altering payment services (“CAPS”) system in association with a distributed enhanced payment (“DEP”) processing system includes a merchant point of sale (“POS”) terminal system and a remote enhanced payment management system (“EPMS”). The remote EPMS receives payment transactions including additional risk mitigating payment transaction (“RMPT”) information and based on that additional RMPT information provides altered transaction costs. The remote EPMS provides facilities for the merchant to review and revise payment management services so as to utilize additional RMPT information received from the merchant POS terminal system so as to alter transaction costs. Such facilities provide information to determine the relative potential transaction cost benefits of various payment management service sets utilizing cost profiles that represent the costs of archival, recorded and projected future transactions.
    Type: Application
    Filed: December 19, 2013
    Publication date: June 26, 2014
    Applicant: MERCURY PAYMENT SYSTEMS, LLC
    Inventors: Matthew D. Ozvat, John Berkley, Kevin Oliver, William T. Cooper, Charles E. Watts, Rachel B. Cochran