Patents by Inventor Raymond R. Ferrell

Raymond R. Ferrell 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: 8473380
    Abstract: The invention encourages users to not only pay themselves first, but to pay themselves first in the largest amounts possible, even if they are not able to fully pay outstanding debts. In general, the invention obtains information related to the user's income, income sources, user's debts (e.g., bills) and user's goals, then provides recommendations related to the prioritization of paying certain bills and the amount to pay for each bill based upon, for example, savings goals, minimum amounts due, due dates and available income. The invention also determines a payment hierarchy which includes transferring funds to the user's savings account prior to paying all or a portion of certain bills. The invention also monitors a consumer's purchasing activity based upon an established budget.
    Type: Grant
    Filed: August 2, 2004
    Date of Patent: June 25, 2013
    Assignee: Propulsion Remote Holdings, LLC
    Inventors: Tracey R. Thomas, Raymond R. Ferrell
  • Patent number: 7672870
    Abstract: The present invention provides a system for implementing a purchaser incentive program on a network-wide level. The system associates SKU and UPC data on a network level to provide consumers with a purchasing environment that is both convenient and cost-efficient. The association of SKU and UPC data at a network level also provides consumers with the ability to analyze their own purchase data for a variety of purposes, including analyses relating to the consumer's spending behaviors or patterns for example. In accordance with one aspect of the invention, the association of UPC and SKU data by the system facilitates a network-wide search for an item that a consumer desires to purchase under terms or conditions that are selected by the consumer and are therefore perceived to be optimal by that consumer.
    Type: Grant
    Filed: July 17, 2006
    Date of Patent: March 2, 2010
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Mark Haines, Raymond R Ferrell, Fauziah B Ariff, Theodore S Voltmer
  • Patent number: 7398226
    Abstract: The present invention provides a system for implementing a purchaser incentive program on a network-wide level. The system associates SKU and UPC data on a network level to provide consumers with a purchasing environment that is both convenient and cost-efficient. The association of SKU and UPC data at a network level also provides consumers with the ability to analyze their own purchase data for a variety of purposes, including analyses relating to the consumer's spending behaviors or patterns for example. In accordance with one aspect of the invention, the association of UPC and SKU data by the system facilitates a network-wide search for an item that a consumer desires to purchase under terms or conditions that are selected by the consumer and are therefore perceived to be optimal by that consumer.
    Type: Grant
    Filed: November 6, 2001
    Date of Patent: July 8, 2008
    Assignee: American Express Travel Related Services Company, Inc.
    Inventors: Mark Haines, Raymond R. Ferrell, Fauziah Ariff, Theodore S. Voltmer
  • Publication number: 20040254835
    Abstract: The invention encourages users to not only pay themselves first, but to pay themselves first in the largest amounts possible, even if they are not able to fully pay outstanding debts. In general, the invention obtains information related to the user's income, income sources, user's debts (e.g., bills) and user's goals, then provides recommendations related to the prioritization of paying certain bills and the amount to pay for each bill based upon, for example, savings goals, minimum amounts due, due dates and available income. The invention also determines a payment hierarchy which includes transferring funds to the user's savings account prior to paying all or a portion of certain bills. The invention also monitors a consumer's purchasing activity based upon an established budget.
    Type: Application
    Filed: August 2, 2004
    Publication date: December 16, 2004
    Applicant: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
    Inventors: Tracey R. Thomas, Raymond R. Ferrell
  • Publication number: 20030033211
    Abstract: The present invention provides a system for implementing a purchaser incentive program on a network-wide level. The system associates SKU and UPC data on a network level to provide consumers with a purchasing environment that is both convenient and cost-efficient. The association of SKU and UPC data at a network level also provides consumers with the ability to analyze their own purchase data for a variety of purposes, including analyses relating to the consumer's spending behaviors or patterns for example. In accordance with one aspect of the invention, the association of UPC and SKU data by the system facilitates a network-wide search for an item that a consumer desires to purchase under terms or conditions that are selected by the consumer and are therefore perceived to be optimal by that consumer.
    Type: Application
    Filed: November 6, 2001
    Publication date: February 13, 2003
    Inventors: Mark Haines, Raymond R. Ferrell, Fauziah Ariff, Theodore S. Voltmer