Patents by Inventor Wally F. LO FARO

Wally F. LO FARO 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).

  • COMPUTER-IMPLEMENTED SYSTEMS AND METHODS FOR PAYMENT ROUTING
    Publication number: 20230206242
    Abstract: A system for payment routing according to a likelihood of settlement. The system includes processors and/or transceivers programmed to receive a payment transaction message relating to a putative payment transaction. The payment transaction message contains putative payment transaction data including a customer identification (ID) for an account and a transaction amount. The system generates a scaled score representing the likelihood of settlement of the putative payment transaction on at least one date for each of a plurality of potential payment rails. Based at least in part on the at least one scaled score for each of the plurality of potential payment rails, the system selects a payment rail from the plurality of payment rails. The system initiates, via the selected payment rail, a payment transaction corresponding to the putative payment transaction.
    Type: Application
    Filed: December 22, 2022
    Publication date: June 29, 2023
    Applicant: Mastercard International Incorporated
    Inventors: Nicholas Bryan Baguley, Young Mi Catarina Ban, William Campbell, Wally F. Lo Faro, William Parkinson, Serenie Gagon, Ahmed Hosny, Alexander Liberson, Gayley Woolston, Nicholas A. Thomas, Brett Ragozzine, Daniel Roper, Justin A. Harnish, Abbas Moosavi, Swati Saini, Cameron Bell, Natesh Babu Arunachalam, Shawn J. Mehrhoff
  • System and method for determining population movement
    Patent number: 10650391
    Abstract: A system and a method that determine movement of one or more individuals or populations of individuals are provided. A residential zip code of an individual is determined. Long-term movements are identified. Short-term movements are identified. The long-term and short-term movements are classified. Anonymization removes personally identifying information of the individual. The short-term movements and long-term movements are aggregated by creating source-target zip code pairs. A population movement database is generated. The population movement database is accessible by a user device that has credentials allowing access.
    Type: Grant
    Filed: July 18, 2017
    Date of Patent: May 12, 2020
    Assignee: Mastercard International Incorporated
    Inventors: Peng Yang, Ravi S. Arvapally, Wally F. Lo Faro, Kamalesh V. Rao
  • SYSTEM AND METHOD FOR DETERMINING POPULATION MOVEMENT
    Publication number: 20190026757
    Abstract: A system and a method that determine movement of one or more individuals or populations of individuals are provided. A residential zip code of an individual is determined. Long-term movements are identified. Short-term movements are identified. The long-term and short-term movements are classified. Anonymization removes personally identifying information of the individual. The short-term movements and long-term movements are aggregated by creating source-target zip code pairs. A population movement database is generated. The population movement database is accessible by a user device that has credentials allowing access.
    Type: Application
    Filed: July 18, 2017
    Publication date: January 24, 2019
    Inventors: Peng YANG, Ravi S. ARVAPALLY, Wally F. LO FARO, Kamalesh V. RAO