Patents by Inventor Scott A. Weigman
Scott A. Weigman 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: 10339528Abstract: Apparatus and methods for auditing a transaction record are provided. The transaction record may correspond to a credit card transaction. The auditing may include identifying a surcharge violation. The surcharge violation may be an unlawful surcharge. The auditing may identify patterns of double surcharging. Transaction-level auditing may include ensuring that a surcharge is returned upon a product return. A mobile wallet application may allow consumers to access and/or report merchant surcharge compliance activity. Functionality may include surcharge receipt scanning for use in crosschecking authenticity of a consumer report. Additional crosscheck functionality provided by geographic location support. Embodiments may include a registry for merchants that certify their surcharge calculations.Type: GrantFiled: December 16, 2014Date of Patent: July 2, 2019Assignee: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Patent number: 9972001Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: GrantFiled: March 29, 2015Date of Patent: May 15, 2018Assignee: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Patent number: 9691060Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: GrantFiled: October 15, 2012Date of Patent: June 27, 2017Assignee: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Patent number: 9576282Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: GrantFiled: October 15, 2012Date of Patent: February 21, 2017Assignee: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20150206120Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: ApplicationFiled: March 29, 2015Publication date: July 23, 2015Inventors: Matthew D. Murphy, Scott A. Weigman
-
Patent number: 9087330Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a selected region within a geographic area. The selected region may be a customer location. The selected region may be a merchant location. The selected region may be any suitable region. The transaction cost may be recovered utilizing central control over network of merchant locations. The transaction cost may be recovered during a selected time. Apparatus may include an application that allows a selection of a time and/or geographic region for recovery of the transaction cost.Type: GrantFiled: September 14, 2012Date of Patent: July 21, 2015Assignee: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20150106271Abstract: Apparatus and methods for auditing a transaction record are provided. The transaction record may correspond to a credit card transaction. The auditing may include identifying a surcharge violation. The surcharge violation may be an unlawful surcharge. The auditing may identify patterns of double surcharging. Transaction-level auditing may include ensuring that a surcharge is returned upon a product return. A mobile wallet application may allow consumers to access and/or report merchant surcharge compliance activity. Functionality may include surcharge receipt scanning for use in crosschecking authenticity of a consumer report. Additional crosscheck functionality provided by geographic location support. Embodiments may include a registry for merchants that certify their surcharge calculations.Type: ApplicationFiled: December 16, 2014Publication date: April 16, 2015Inventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20150073984Abstract: System, method, and computer program product are provided for a user to send and receive P2P payments using an ATM machine. Through the use of an ATM, a user may access accounts the user has at a financial institution and direct payments to other individuals or entities from the ATM using those accounts. In this way, the user may ensure a secure payment to a third-party through the network associated with the financial institution and ATM. The payments may be directed to individuals the user may input into the system or to pre-established entities. This invention allows a user to receive and provide payments for any type of transaction utilizing the security, accuracy, and convenience provided to the user by an ATM.Type: ApplicationFiled: November 20, 2014Publication date: March 12, 2015Inventors: Charles Dominic Andrews, Scott A. Weigman, Matthew A. Calman
-
Publication number: 20140172537Abstract: Apparatus and methods for determining a transaction cost recovery amount are provided. The transaction cost recovery amount may be determined for each of a plurality of locations. The locations may include point-of-sale terminals and/or checkout lanes. The transaction cost recovery amount may be determined based on Merchant Category Code (“MCC”) information. When a customer leaves a first location associated with a first MCC, the customer may be informed of a transaction cost recovery amount at a second location. The second location may be associated with a second MCC. The transaction cost recovery amount may be determined based on a product inventory. The transaction cost recovery amount may be imposed to maintain an inventory level above a critical level. The transaction cost recovery amount may be based on a decrease and/or increase in an inventory level.Type: ApplicationFiled: December 17, 2012Publication date: June 19, 2014Applicant: BANK OF AMERICA CORPORATIONInventor: Scott A. Weigman
-
Publication number: 20140156434Abstract: Apparatus and methods for auditing a transaction record are provided. The transaction record may correspond to a credit card transaction. The auditing may include identifying a surcharge violation. The surcharge violation may be an unlawful surcharge. The auditing may identify patterns of double surcharging. Transaction-level auditing may include ensuring that a surcharge is returned upon a product return. A mobile wallet application may allow consumers to access and/or report merchant surcharge compliance activity. Functionality may include surcharge receipt scanning for use in crosschecking authenticity of a consumer report. Additional crosscheck functionality provided by geographic location support. Embodiments may include a registry for merchants that certify their surcharge calculations.Type: ApplicationFiled: December 5, 2012Publication date: June 5, 2014Applicant: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Patent number: 8712855Abstract: Apparatus and methods for determining a transaction cost recovery amount are provided. The transaction cost recovery amount may be determined for each of a plurality of locations. The locations may include point-of-sale terminals and/or checkout lanes. The transaction cost recovery amount may be determined based on Merchant Category Code (“MCC”) information. When a customer leaves a first location associated with a first MCC, the customer may be informed of a transaction cost recovery amount at a second location. The second location may be associated with a second MCC. The transaction cost recovery amount may be determined based on a product inventory. The transaction cost recovery amount may be imposed to maintain an inventory level above a critical level. The transaction cost recovery amount may be based on a decrease and/or increase in an inventory level.Type: GrantFiled: December 17, 2012Date of Patent: April 29, 2014Assignee: Bank of America CorporationInventors: Scott A. Weigman, Elbert Lee Whitler
-
Publication number: 20140108168Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: ApplicationFiled: October 15, 2012Publication date: April 17, 2014Applicant: BANK OF AMERICA CORPORATIONInventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20140108167Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: ApplicationFiled: October 15, 2012Publication date: April 17, 2014Applicant: BANK OF AMERICA CORPORATIONInventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20140108166Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a transaction that originates at a merchant location associated with a merchant category code. The transaction cost may be recovered from a low-value purchase. A recovery amount associated with the low-value purchase may include a fixed amount. The recovery amount associated with the low-value purchase may include a percentage of the acceptance cost. The recovery amount may be shared among two or more transaction participant. The recovery amount may be dynamically adjusted. Methods and apparatus may include providing adequate notice of changes in the recovery amount. The transaction cost may be recovered utilizing central control over network of merchant locations.Type: ApplicationFiled: October 15, 2012Publication date: April 17, 2014Applicant: BANK OF AMERICA CORPORATIONInventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20140081780Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered utilizing central control over network of brick and mortar stores. The transaction cost may be recovered during a selected time. The transaction cost may be recovered from a selected region within a geographic area during the selected time. Apparatus may include an application that allows a selection of a time and geographic region for recovery of the transaction cost.Type: ApplicationFiled: September 14, 2012Publication date: March 20, 2014Applicant: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Publication number: 20140081779Abstract: Methods and apparatus for recovering a transaction cost in connection with a transaction between a customer and a merchant are provided. The transaction cost may be recovered from a selected region within a geographic area. The selected region may be a customer location. The selected region may be a merchant location. The selected region may be any suitable region. The transaction cost may be recovered utilizing central control over network of merchant locations. The transaction cost may be recovered during a selected time. Apparatus may include an application that allows a selection of a time and/or geographic region for recovery of the transaction cost.Type: ApplicationFiled: September 14, 2012Publication date: March 20, 2014Applicant: Bank of America CorporationInventors: Matthew D. Murphy, Scott A. Weigman
-
Patent number: 8577764Abstract: Goal insurance is provided as a purchasable option to users who wish to have a goal tracking system monitor and enforce their goals. The user may define the goal, a reward to be given upon successful completion of the goal and penalties to be applied if the goal is not met. To avoid penalties, the user may purchase goal insurance that may be used or apply under specified circumstances. Such circumstances may include death, illness, unemployment or the like. Goal information and progress may be monitored by the goal tracking system and may further be published to one or more sites. Other users may contribute to the user's reward or send encouraging remarks. If the user does not purchase goal insurance, the predefined penalties may be applied upon expiration of a goal time period if the user has not achieved their goal.Type: GrantFiled: June 30, 2009Date of Patent: November 5, 2013Assignee: Bank of America CorporationInventors: Scott A. Weigman, Georgiana L. Gormley, Timothy J. Bendel, Melanie Lynn Alexander, Manoj Govindan, Todd J. Worrall, Deborah F. Wire
-
Publication number: 20130018787Abstract: System, method, and computer program product are provided for a user to send and receive P2P payments using an ATM machine. Through the use of an ATM, a user may access accounts the user has at a financial institution and direct payments to other individuals or entities from the ATM using those accounts. In this way, the user may ensure a secure payment to a third-party through the network associated with the financial institution and ATM. The payments may be directed to individuals the user may input into the system or to pre-established entities. This invention allows a user to receive and provide payments for any type of transaction utilizing the security, accuracy, and convenience provided to the user by an ATM.Type: ApplicationFiled: August 23, 2011Publication date: January 17, 2013Applicant: Bank of America CorporationInventors: Charles Dominic Andrews, Scott A. Weigman, Matthew A. Calman
-
Publication number: 20100332243Abstract: Goal insurance is provided as a purchasable option to users who wish to have a goal tracking system monitor and enforce their goals. The user may define the goal, a reward to be given upon successful completion of the goal and penalties to be applied if the goal is not met. To avoid penalties, the user may purchase goal insurance that may be used or apply under specified circumstances. Such circumstances may include death, illness, unemployment or the like. Goal information and progress may be monitored by the goal tracking system and may further be published to one or more sites. Other users may contribute to the user's reward or send encouraging remarks. If the user does not purchase goal insurance, the predefined penalties may be applied upon expiration of a goal time period if the user has not achieved their goal.Type: ApplicationFiled: June 30, 2009Publication date: December 30, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Scott A. Weigman, Georgiana L. Gormley, Timothy J. Bendel, Melanie Lynn Alexander, Manoj Govindan, Todd J. Worrall, Deborah F. Wire