Patents by Inventor Ray Preston

Ray Preston 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).

  • System and method for using loyalty rewards as currency
    Patent number: 8401898
    Abstract: The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.
    Type: Grant
    Filed: August 16, 2012
    Date of Patent: March 19, 2013
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Emily Chien, Trish Sanchez, Daniela Saunders, Jill Wiseman, C. R. Balagopal, Al Kinderknecht, Jon W. Parson, Ray Preston
  • SYSTEM AND METHOD FOR USING LOYALTY REWARDS AS CURRENCY
    Publication number: 20120310725
    Abstract: The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.
    Type: Application
    Filed: August 16, 2012
    Publication date: December 6, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Emily Chien, Trish Sanchez, Daniela Saunders, Jill Wiseman, C.R. Balagopal, Al Kinderknecht, Jon W. Parson, Ray Preston
  • System and method for using loyalty rewards as currency
    Patent number: 8265993
    Abstract: The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.
    Type: Grant
    Filed: September 23, 2011
    Date of Patent: September 11, 2012
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Emily Chien, Trish Sanchez, Daniela Saunders, Jill Wiseman, C. R. Balagopal, Al Kinderknecht, Jon W. Parson, Ray Preston
  • SYSTEM AND METHOD FOR USING LOYALTY REWARDS AS CURRENCY
    Publication number: 20120035998
    Abstract: The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.
    Type: Application
    Filed: September 23, 2011
    Publication date: February 9, 2012
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Emily Chien, Trish Sanchez, Daniela Saunders, Jill Wiseman, C.R. Balagopal, Al Kinderknecht, Jon W. Parson, Ray Preston
  • System and method for using loyalty rewards as currency
    Patent number: 8046256
    Abstract: The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.
    Type: Grant
    Filed: April 13, 2001
    Date of Patent: October 25, 2011
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Emily Chien, Trish Sanchez, Daniela Saunders, Jill Wiseman, C R Balagopal, Al Kinderknecht, Jon W. Parson, Ray Preston
  • System and method for integrating offers
    Publication number: 20020165775
    Abstract: The present invention is directed toward a system and method for administering incentive offers. A system for administering incentive offers includes a centralized repository 110 for storing offers, a maintenance engine 120 for updating and maintaining the offers in the repository 110, and a retrieval engine 130 for finding and retrieving offers. The system cooperates with an offer presentation engine 135 for configuring and presenting offers 160 based on offeree traits and the context in which the offer is to be presented. Each offer 160 may comprise both an offer summary 162 and offer details 164.
    Type: Application
    Filed: March 5, 2002
    Publication date: November 7, 2002
    Applicant: American Express Travel Related Services
    Inventors: Per A. Tagseth, Nicole D. Coope, Geetanjali R. Suki, Ray Preston
  • System and method for using loyalty points
    Publication number: 20010054003
    Abstract: The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.
    Type: Application
    Filed: April 13, 2001
    Publication date: December 20, 2001
    Inventors: Emily Chien, Trish Sanchez, Daniela Saunders, Jill Wiseman, C. R. Balagopal, Al Kinderknecht, Jon W. Parson, Ray Preston