Patents by Inventor Terry Altman

Terry Altman 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).

  • Methods and systems for processing a financial transaction
    Patent number: 8484131
    Abstract: A method for processing a financial transaction such as an electronic bill payment is provided. The method includes receiving an electronic bill payment wherein the bill payment is submitted on behalf of a consumer in response to a bill associated with a biller, determining using a computer system that the received electronic bill payment is an exception payment wherein the exception payment includes the electronic bill payment submitted by the consumer having consumer entered information not matching a criterion for accepting electronic payment required by the biller, creating an exception addenda record for the exception payment using data stored within a database wherein the addenda record identifies the consumer submitting the exception payment, and posting the exception payment to an appropriate consumer account for the biller based on the addenda record.
    Type: Grant
    Filed: August 19, 2011
    Date of Patent: July 9, 2013
    Assignee: MasterCard International Incorporated
    Inventors: Mary L. Kelly, Terry Altman
  • METHODS AND SYSTEMS FOR PROCESSING A FINANCIAL TRANSACTION
    Publication number: 20110302082
    Abstract: A method for processing a financial transaction such as an electronic bill payment is provided. The method includes receiving an electronic bill payment wherein the bill payment is submitted on behalf of a consumer in response to a bill associated with a biller, determining using a computer system that the received electronic bill payment is an exception payment wherein the exception payment includes the electronic bill payment submitted by the consumer having consumer entered information not matching a criterion for accepting electronic payment required by the biller, creating an exception addenda record for the exception payment using data stored within a database wherein the addenda record identifies the consumer submitting the exception payment, and posting the exception payment to an appropriate consumer account for the biller based on the addenda record.
    Type: Application
    Filed: August 19, 2011
    Publication date: December 8, 2011
    Inventors: Mary L. Kelly, Terry Altman
  • Methods and systems for processing a financial transaction
    Patent number: 8027890
    Abstract: A method for processing a financial transaction such as an electronic bill payment is provided. The method includes receiving an electronic bill payment wherein the bill payment is submitted on behalf of a consumer in response to a bill associated with a biller, determining using a computer system that the received electronic bill payment is an exception payment wherein the exception payment includes the electronic bill payment submitted by the consumer having consumer entered information not matching a criterion for accepting electronic payment required by the biller, creating an exception addenda record for the exception payment using data stored within a database wherein the addenda record identifies the consumer submitting the exception payment, and posting the exception payment to an appropriate consumer account for the biller based on the addenda record.
    Type: Grant
    Filed: July 30, 2008
    Date of Patent: September 27, 2011
    Assignee: MasterCard International Incorporated
    Inventors: Mary L. Kelly, Terry Altman
  • METHODS AND SYSTEMS FOR PROCESSING A FINANCIAL TRANSACTION
    Publication number: 20090037303
    Abstract: A method for processing a financial transaction such as an electronic bill payment is provided. The method includes receiving an electronic bill payment wherein the bill payment is submitted on behalf of a consumer in response to a bill associated with a biller, determining using a computer system that the received electronic bill payment is an exception payment wherein the exception payment includes the electronic bill payment submitted by the consumer having consumer entered information not matching a criterion for accepting electronic payment required by the biller, creating an exception addenda record for the exception payment using data stored within a database wherein the addenda record identifies the consumer submitting the exception payment, and posting the exception payment to an appropriate consumer account for the biller based on the addenda record.
    Type: Application
    Filed: July 30, 2008
    Publication date: February 5, 2009
    Inventors: Mary L. Kelly, Terry Altman