Patents by Inventor Rick Lyftogt

Rick Lyftogt 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).

  • Risk evaluation method and system using ACH data
    Publication number: 20060229961
    Abstract: A method and system of managing risk associated with a financial transaction. In one embodiment, the method comprises receiving data associated with a plurality of past transactions. The received data includes Automated Clearing House (ACH) data and other payment-related data. The method further comprises storing the received data in a database; receiving a risk management request in connection with a new transaction; analyzing the stored data based at least in part on the risk management request; and generating a risk management indication.
    Type: Application
    Filed: April 8, 2005
    Publication date: October 12, 2006
    Applicant: eFunds Corporation
    Inventors: Rick Lyftogt, Robert Evans