Patents by Inventor Robert Pacifico
Robert Pacifico 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).
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Publication number: 20240070647Abstract: The disclosure herein relates to methods and systems of that facilitate instant payment of invoices based on automatic, intelligent, predictions that a buyer will approve an invoice without express input by the buyer. For example, a system may determine a probability that an invoice will be approved for payment by a buyer with express approval from the buyer. Once an invoice is automatically approved for payment, the system may employ various automated systems to facilitate payment to suppliers without the need for suppliers to extract virtual card data or other payment information from email payment requests or other invoice payment requirements to receive payment. For example, the system may generate calls to automatically generate virtual card numbers on behalf of buyers and submit payment messages for payments to suppliers using the virtual card numbers.Type: ApplicationFiled: October 19, 2023Publication date: February 29, 2024Applicant: MASTERCARD INTERNATIONAL INCORPORATEDInventors: Anthony DEBELLIS, Shlomo Akiva MAYER, Aazum SHAIKH, Travis BROWN, Kelvin LEUNG, Robert PACIFICO
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Patent number: 11829993Abstract: The disclosure herein relates to methods and systems of that facilitate instant payment of invoices based on automatic, intelligent, predictions that a buyer will approve an invoice without express input by the buyer. For example, a system may determine a probability that an invoice will be approved for payment by a buyer with express approval from the buyer. Once an invoice is automatically approved for payment, the system may employ various automated systems to facilitate payment to suppliers without the need for suppliers to extract virtual card data or other payment information from email payment requests or other invoice payment requirements to receive payment. For example, the system may generate calls to automatically generate virtual card numbers on behalf of buyers and submit payment messages for payments to suppliers using the virtual card numbers.Type: GrantFiled: November 12, 2021Date of Patent: November 28, 2023Assignee: MASTERCARD INTERNATIONAL INCORPORATEDInventors: Anthony Debellis, Shlomo Akiva Mayer, Aazum Shaikh, Travis Brown, Kelvin Leung, Robert Pacifico
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Patent number: 11830047Abstract: A system and method for transmitting real-time messages within a supply chain financing (SCF) network using a using a customized and improved messaging protocol is provided. A computing device receives a SCF request message having an SCF messaging protocol including a plurality of data fields including SCF request data related to a request for supply chain financing including an early payment identifier, parses the SCF request message based upon the SCF messaging protocol, selects a financing entity for receiving the request, stores within the memory device the SCF request data, transmits an early payment message having the same messaging protocol to the selected financing entity, receives a confirmation message having the same SCF messaging protocol from the financing entity including a plurality of data fields including SCF confirmation data, and stores within the memory device the SCF confirmation data with the SCF request data.Type: GrantFiled: October 1, 2021Date of Patent: November 28, 2023Assignee: MASTERCARD INTERNATIONAL INCORPORATEDInventor: Robert Pacifico
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Publication number: 20230274325Abstract: A method for real-time invoice updating and account-to-account payment includes: receiving invoice data based on presentation of an invoice by a distributor to a recipient at a delivery location, modification of the invoice by the recipient, and acceptance of the invoice by the recipient; generating a request for payment (RFP) message based on the invoice data; transmitting the RFP message to a financial institution associated with the recipient via a financial institution of the distributor; receiving, from the financial institution associated with the distributor, a payment confirmation for the invoice based on a real-time payment from the financial institution associated with the recipient; generating reconciliation data based on the payment confirmation and the invoice data; and transmitting the reconciliation data to a computing device of the distributor and a computing device of the recipient.Type: ApplicationFiled: May 8, 2023Publication date: August 31, 2023Inventors: Viviane SABAT, Andrea Christine GILMAN, Jennifer WANG, Abhinav BHATT, Chhomthyda CHHUAN, Daniel BAE, Alonso ARAUJO, James Nicholas MORTIMER, Monica TAYLOR, Eitan AHIMOR, Christopher MURRAY, Mark N. SAVOYE, Robert PACIFICO, Ashfaq KAMAL, Karan SHARMA
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Patent number: 11687986Abstract: A method for real-time invoice updating and account-to-account payment includes: receiving invoice data based on presentation of an invoice by a distributor to a recipient at a delivery location, modification of the invoice by the recipient, and acceptance of the invoice by the recipient; generating a request for payment (RFP) message based on the invoice data; transmitting the RFP message to a financial institution associated with the recipient via a financial institution of the distributor; receiving, from the financial institution associated with the distributor, a payment confirmation for the invoice based on a real-time payment from the financial institution associated with the recipient; generating reconciliation data based on the payment confirmation and the invoice data; and transmitting the reconciliation data to a computing device of the distributor and a computing device of the recipient.Type: GrantFiled: May 15, 2020Date of Patent: June 27, 2023Assignee: MASTERCARD INTERNATIONAL INCORPORATEDInventors: Viviane Sabat, Andrea Christine Gilman, Jennifer Wang, Abhinav Bhatt, Chhomthyda Chhuan, Daniel Bae, Alonso Araujo, James Nicholas Mortimer, Monica Taylor, Eitan Ahimor, Christopher Murray, Mark N. Savoye, Robert Pacifico, Ashfaq Kamal, Karan Sharma
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Publication number: 20220188805Abstract: The disclosure herein relates to methods and systems of that facilitate instant payment of invoices based on automatic, intelligent, predictions that a buyer will approve an invoice without express input by the buyer. For example, a system may determine a probability that an invoice will be approved for payment by a buyer with express approval from the buyer. Once an invoice is automatically approved for payment, the system may employ various automated systems to facilitate payment to suppliers without the need for suppliers to extract virtual card data or other payment information from email payment requests or other invoice payment requirements to receive payment. For example, the system may generate calls to automatically generate virtual card numbers on behalf of buyers and submit payment messages for payments to suppliers using the virtual card numbers.Type: ApplicationFiled: November 12, 2021Publication date: June 16, 2022Applicant: MASTERCARD INTERNATIONAL INCORPORATEDInventors: Anthony Debellis, Shlomo Akiva Mayer, Aazum Shaikh, Travis Brown, Kelvin Leung, Robert Pacifico
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Publication number: 20220027965Abstract: A system and method for transmitting real-time messages within a supply chain financing (SCF) network using a using a customized and improved messaging protocol is provided. A computing device receives a SCF request message having an SCF messaging protocol including a plurality of data fields including SCF request data related to a request for supply chain financing including an early payment identifier, parses the SCF request message based upon the SCF messaging protocol, selects a financing entity for receiving the request, stores within the memory device the SCF request data, transmits an early payment message having the same messaging protocol to the selected financing entity, receives a confirmation message having the same SCF messaging protocol from the financing entity including a plurality of data fields including SCF confirmation data, and stores within the memory device the SCF confirmation data with the SCF request data.Type: ApplicationFiled: October 1, 2021Publication date: January 27, 2022Inventor: Robert Pacifico
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Patent number: 11138642Abstract: A system and method for transmitting real-time messages within a supply chain financing (SCF) network using a using a customized and improved messaging protocol is provided. A computing device receives a SCF request message having an SCF messaging protocol including a plurality of data fields including SCF request data related to a request for supply chain financing including an early payment identifier, parses the SCF request message based upon the SCF messaging protocol, selects a financing entity for receiving the request, stores within the memory device the SCF request data, transmits an early payment message having the same messaging protocol to the selected financing entity, receives a confirmation message having the same SCF messaging protocol from the financing entity including a plurality of data fields including SCF confirmation data, and stores within the memory device the SCF confirmation data with the SCF request data.Type: GrantFiled: December 26, 2018Date of Patent: October 5, 2021Assignee: MASTERCARD INTERNATIONAL INCORPORATEDInventor: Robert Pacifico
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Publication number: 20200364760Abstract: A method for real-time invoice updating and account-to-account payment includes: receiving invoice data based on presentation of an invoice by a distributor to a recipient at a delivery location, modification of the invoice by the recipient, and acceptance of the invoice by the recipient; generating a request for payment (RFP) message based on the invoice data; transmitting the RFP message to a financial institution associated with the recipient via a financial institution of the distributor; receiving, from the financial institution associated with the distributor, a payment confirmation for the invoice based on a real-time payment from the financial institution associated with the recipient; generating reconciliation data based on the payment confirmation and the invoice data; and transmitting the reconciliation data to a computing device of the distributor and a computing device of the recipient.Type: ApplicationFiled: May 15, 2020Publication date: November 19, 2020Applicant: MASTERCARD INTERNATIONAL INCORPORATEDInventors: Viviane SABAT, Andrea Christine GILMAN, Jennifer WANG, Abhinav BHATT, Chhomthyda CHHUAN, Daniel BAE, Alonso ARAUJO, James Nicholas MORTIMER, Monica TAYLOR, Eitan AHIMOR, Christopher MURRAY, Mark N. SAVOYE, Robert PACIFICO, Ashfaq KAMAL, Karan SHARMA
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Publication number: 20200211072Abstract: A system and method for transmitting real-time messages within a supply chain financing (SCF) network using a using a customized and improved messaging protocol is provided. A computing device receives a SCF request message having an SCF messaging protocol including a plurality of data fields including SCF request data related to a request for supply chain financing including an early payment identifier, parses the SCF request message based upon the SCF messaging protocol, selects a financing entity for receiving the request, stores within the memory device the SCF request data, transmits an early payment message having the same messaging protocol to the selected financing entity, receives a confirmation message having the same SCF messaging protocol from the financing entity including a plurality of data fields including SCF confirmation data, and stores within the memory device the SCF confirmation data with the SCF request data.Type: ApplicationFiled: December 26, 2018Publication date: July 2, 2020Inventor: Robert Pacifico