Patents by Inventor Sarah Brooke Severson
Sarah Brooke Severson 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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Patent number: 8688479Abstract: A web application may be used to take an on-line application for an annuity. The application may collect the applicant's personal information (e.g., name, address, etc.), type of annuity applied for (e.g., immediate or deferred, retirement or non-retirement, etc.), sources of funding, beneficiaries, etc. The web application may also allow the application to be signed electronically. The web application may take application for annuities that are supported by various different types of back-end systems, and may provide the information collected from the applicant to the appropriate back-end system.Type: GrantFiled: September 19, 2008Date of Patent: April 1, 2014Assignee: United Services Automobile Association (USAA)Inventors: Kristy Lynn Clendening, Martin Noel De La Torre, Lori Ann Holmes, David Richard Lilien, Stephen G. Malfitano, Irene Olbera Perez, Sherry Lynn Rakowitz, Kenneth Bruce Ryan, II, Sarah Brooke Severson
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Patent number: 8595117Abstract: A method for providing a financial instrument includes providing a processor. The method also includes generating, using the processor, an annuity comprising a fluctuating annuity payment and an option to fix the fluctuating annuity payment and setting a payment schedule for the fluctuating annuity payment.Type: GrantFiled: July 2, 2012Date of Patent: November 26, 2013Assignee: United Services Automobile Association (USAA)Inventors: Lisa Ellis Schwartz, Phillip Neil Beyer, Douglas Irby Ward, Christopher Charles Ogburn, John Dale Hegstrom, Ronald Bryan Sweet, Sarah Brooke Severson, Robert J. Schaffer, III, Christopher P. Keene
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Patent number: 8510116Abstract: Methods and systems are disclosed for capturing consumer voice signatures. The methods and systems synchronize voice signatures with display of the terms and conditions of a transaction to the consumer in real time during a phone conversation. In one implementation, mobile devices with text display capability may be used to display the terms/conditions of the transaction while the consumer is talking to a customer service representative or an interactive voice response system. The terms/conditions may be displayed as a scrollable document on the mobile device to which the consumer may then agree during the phone conversation. The consumer may then “voice sign” by reading the displayed terms/conditions, or some portion thereof, during the phone conversation to manifest his/her knowing consent. Such an arrangement helps promotes the use of voice signatures by consumers in a manner that complies with the requirements of the federal E-Sign Act.Type: GrantFiled: October 26, 2007Date of Patent: August 13, 2013Assignee: United Services Automobile Association (USAA)Inventors: Curt Wayne Moy, Sakina Hassonjee, Amy Irene Forsythe, Linda Giessel King, Sarah Brooke Severson
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Patent number: 8239311Abstract: A method of providing a financial product includes providing a computer processor, determining, using the computer processor, a fluctuating interest rate using a sum of a securities-based interest rate and an additional interest rate, and generating, using the computer processor, a periodic payment product using the fluctuating interest rate, wherein the periodic payment product is characterized by a payment schedule. The method also includes generating, using the computer processor, a plurality of fluctuating periodic payments using the fluctuating interest rate and obtaining an indication to fix the fluctuating interest rate at a fixed interest rate. The method further includes thereafter, determining, using the computer processor, the fixed interest rate and generating a fixed periodic payment using the fixed interest rate.Type: GrantFiled: June 24, 2011Date of Patent: August 7, 2012Assignee: United Services Automobile Association (USAA)Inventors: Lisa Ellis Schwartz, Phillip Neil Beyer, Douglas Irby Ward, Christopher Charles Ogburn, John Dale Hegstrom, Ronald Bryan Sweet, Sarah Brooke Severson, Robert J. Schaffer, III, Christopher P. Keene
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Patent number: 7991676Abstract: A fluctuating annuity payment is determined and generated, and that annuity payment is subsequently fixable. The fluctuating annuity payment may be based on an interest rate, such as the market yield of a 1-year U.S. Treasury adjusted to constant maturity, for example. The fluctuating annuity payment may be determined on a certain date, or periodically, for example. The annuity payment, while fluctuating, may have a predetermined floor or minimum threshold amount that is does not pay less than. At some point, a request may be received to fix the payment, and the fluctuating annuity payment is converted to a fixed annuity payment. The fixed annuity payment may be based on a long term interest rate, for example. After receiving a request to fix the annuity payment, a payment schedule may be determined based on the value of the remaining payments that are to be made.Type: GrantFiled: July 16, 2010Date of Patent: August 2, 2011Assignee: United Services Automobile Association (USAA)Inventors: Lisa Ellis Schwartz, Phillip Neil Beyer, Douglas Irby Ward, Christopher Charles Ogburn, John Dale Hegstrom, Ronald Bryan Sweet, Sarah Brooke Severson, Robert J. Schaffer, III, Christopher P. Keene
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Patent number: 7783550Abstract: A fluctuating annuity payment is determined and generated, and that annuity payment is subsequently fixable. The fluctuating annuity payment may be based on an interest rate, such as the market yield of a 1-year U.S. Treasury adjusted to constant maturity, for example. The fluctuating annuity payment may be determined on a certain date, or periodically, for example. The annuity payment, while fluctuating, may have a predetermined floor or minimum threshold amount that is does not pay less than. At some point, a request may be received to fix the payment, and the fluctuating annuity payment is converted to a fixed annuity payment. The fixed annuity payment may be based on a long term interest rate, for example. After receiving a request to fix the annuity payment, a payment schedule may be determined based on the value of the remaining payments that are to be made.Type: GrantFiled: April 13, 2007Date of Patent: August 24, 2010Assignee: United Services Automobile Association (USAA)Inventors: Lisa Ellis Schwartz, Phillip Neil Beyer, Douglas Irby Ward, Christopher Charles Ogburn, John Dale Hegstrom, Ronald Bryan Sweet, Sarah Brooke Severson, Robert J. Schaffer, III, Christopher P. Keene
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Patent number: 7725378Abstract: A fluctuating annuity payment is determined and generated, and that annuity payment is subsequently fixable. The fluctuating annuity payment may be based on an interest rate, such as the market yield of a 1-year U.S. Treasury adjusted to constant maturity, for example. The fluctuating annuity payment may be determined on a certain date, or periodically, for example. The annuity payment, while fluctuating, may have a predetermined floor or minimum threshold amount that is does not pay less than. At some point, a request may be received to fix the payment, and the fluctuating annuity payment is converted to a fixed annuity payment. The fixed annuity payment may be based on a long term interest rate, for example. After receiving a request to fix the annuity payment, a payment schedule may be determined based on the value of the remaining payments that are to be made.Type: GrantFiled: April 13, 2007Date of Patent: May 25, 2010Assignee: United Services Automobile Association (USAA)Inventors: Lisa Ellis Schwartz, Phillip Neil Beyer, Douglas Irby Ward, Christopher Charles Ogburn, John Dale Hegstrom, Ronald Bryan Sweet, Sarah Brooke Severson, Robert J. Schaffer, III, Christopher P. Keene