Patents By Frip

PATENT: Wearable transaction devices; US 10,074,080 B2; 9/11/2018; CPC G06Q 20/10; 13 claims; assigned to Capital One Services, LLC.

SUMMARY: The disclosed embodiments generally relate to systems and methods for device-to-device transactions and, more particularly, to systems and methods for wearable device transactions.

Frip: What’s that in your pants? That’s my wearable transaction device.

PATENT: Methods and systems for use of a prepaid payment device; US 10,074,081 B1; 9/11/2018; CPC G06Q 20/102; 9 claims; assigned to Citicorp Credit Services, Inc.

ABSTRACT EXCERPT: Providing a card which a consumer can reload with additional funds at a point of sale whereby no new or additional hardware is needed, the consumer can have access to the funds immediately, and the consumer does not need to perform any additional steps beyond conducting the transaction at a point of sale.

PATENT: Virtual POS system and method; US 10,074,085 B2; 9/11/2018; CPC G06Q 20/202; 31 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present invention relates to the field of secure transaction systems, and specifically to a system and method for executing a transaction between a token device and a virtual, cloud-based point-of-sale terminal.

PATENT: Smart authentication and identification via voiceprints; US 10,074,089 B1; 9/11/2018; CPC G06Q 20/40145; 18 claims; assigned to Citigroup Technology, Inc.

ABSTRACT: The systems and methods described herein allow an electronic transaction to be performed upon determining, via biometric data, that an authorized individual is conducting the transaction. This may involve receiving, by a computer system, a request to authorize an electronic transaction for an account. The computer system is configured to access a phone number, which is stored in computer memory and associated with the enrolled user of the account. An automated and outward call to the phone number is performed by the computer system. The computer system is configured to capture a voiceprint in association with voice data received from the automated call. The captured voiceprint is compared to a registered voiceprint, which is stored in the computer memory in association with the enrolled user. The computer system responds to the request to authorize the secure electronic transaction based on said comparison.

PATENT: Systems and methods for issuing, evaluating, and monitoring card-linked offers; US 10,074,100 B2; 9/11/2018; CPC G06Q 30/0211; 22 claims; assigned to Capital One Services, LLC.

SUMMARY: The disclosed embodiments generally relate to financial service account systems and products and, more particularly, to systems, methods, and articles of manufacture for issuing, evaluating, and monitoring offers and incentives linked to financial service accounts, such as payment accounts.

PATENT: Mobile location notifications system and method; US 10,074,106 B2; 9/11/2018; CPC G06Q 30/0261; 19 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the invention are directed to systems, apparatuses, and methods for determining the location of a mobile merchant, and performing further processing based on the determined location. Transaction data for a transaction conducted by a mobile merchant is electronically received at a server computer. The server computer determines a location of the mobile merchant based on the transaction data, and performs further processing based on the location of the mobile merchant.

PATENT: Generating customer alerts based on indoor positioning system detection of physical customer presence; US 10,074,130 B2; 9/11/2018; CPC G06Q 40/02; 14 claims; assigned to Bank of America Corporation.

ABSTRACT: A computing platform may receive a plurality of messages comprising data indicating physical presence of customers of a financial institution at a physical banking center location of the financial institution from an indoor positioning system located at the physical banking center location of the financial institution. Responsive to receiving the plurality of messages comprising the data indicating the physical presence of the customers of the financial institution at the physical banking center location of the financial institution, the computing platform may determine that at least one customer of the customers of the financial institution at the physical banking center location of the financial institution has flagged one or more items via an online-banking system of the financial institution.

PATENT: System and method for processing a trade order; US 10,074,132 B2; 9/11/2018; CPC G06Q 40/04; 25 claims; assigned to Intercontinental Exchange, Inc.

SUMMARY: In one aspect of the invention, the interface comprises a graphical display operative to provide a visualization of selected historical data on results of an inspection or monitoring process and at least one control or threshold setting wherein an adjustment thereof changes the visualization of the results to reflect the adjustment of the setting. In another aspect of the invention, the adjustment comprises manipulation of a graphical threshold line on the graphical display, the manipulation triggering re-inspection or re-calculation of the selected historical data and the corresponding re-visualization thereof.

PATENT: System and method for creating trade-related annotations in an electronic trading environment; US 10,074,133 B2; 9/11/2018; CPC G06Q 40/04; 14 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A client terminal displays a trading screen interface and an annotation interface in relation to the trading screen interface. The annotation interface allows a trader to enter trade-related annotations in a quick and efficient manner or flag a predetermined time and input annotations to be associated with the flagged time a later time, while the trading screen interface allows the trader to make trades at the most favorable prices and in a speedy manner. The annotation interface may alternatively not be displayed and allow for audio input.

PATENT: System and method for trading commodities and the like; US 10,074,134 B2; 9/11/2018; CPC G06Q 40/00; 44 claims; assigned to TradeCapture OTC Corp.

SUMMARY: It is an object of the invention to provide a system for facilitating commodity transactions. Another object of the present invention is to provide a system that permits the user to control how any bids or offers submitted are acted upon and viewed by other users. Yet another object of the present invention is to provide such a system that permits users to operate within specific exchanges having specific commodities. It is a further object of the present invention to provide such a system that enables various exchanges to create and share commodities within a unified database. It is another object of the present invention to provide such a system that permits the user to rapidly peruse a variety of available transactions. It is yet another object of the present invention to provide such a system that operates over the Internet.
Another object of the present invention to provide such a system that can permit a user to quickly review the user's current position.

PATENT: Method and apparatus for publishing market information; US 10,074,136 B2; 9/11/2018; CPC G06Q 40/06; 15 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: A method and apparatus for publishing market data for a financial instrument utilizes existing network layer acknowledgement feature to publish market data for the financial instrument to a client device at rates in which the client device is able to process the data. The publishing rate is dynamic, as opposed to being fixed, and is able to adjust "on-the-fly" so as to prevent message queue stagnation.

PATENT: Method and system for linking forensic data with purchase behavior; US 10,074,141 B2; 9/11/2018; CPC G06Q 40/12; 26 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to the linking of forensic data to transaction history, specifically the linking of forensic data associated with a computing device with consumer transaction history based on analyzed consumer identifiers and consumer demographic characteristics.

PATENT: Transfer account systems, computer program products, and associated computer-implemented methods; US 10,068,208 B2; 9/4/2018; CPC G06Q 20/023; 28 claims; assigned to Metabank.

ABSTRACT: Embodiments of the present invention include transfer account systems, computer program products, and associated computer-implemented methods of providing prioritized payments from the proceeds of automatic or direct deposits.

PATENT: Reallocation of resources system; US 10,068,211 B2; 9/4/2018; CPC G06Q 20/108; 18 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to a system, method, or computer program product for providing a reallocation of resources contextual visual element and double verification requirement for resource distribution. In this way, the system identifies goals associated with a user and generated contextual visual elements associated with those goals. Based on a triggering event, the system displays the customized contextual visual element on a display of the user's device locking the functionality of the user device for a period of time the contextual visual element is displayed. Furthermore, the system may integrate and code a double verification requirement into resource distribution applications, requiring secondary authentication and additional verification for resource distribution.

Frip: Huh?

PATENT: Systems and methods for point of sale deposits; US 10,068,212 B2; 9/4/2018; CPC G06Q 20/108; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: The disclosed embodiments include systems and methods for executing a point of sale deposit. In one embodiment, a system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive transaction information related to a point of sale deposit from a client device, and generate a pending deposit transaction based on the transaction information.

PATENT: Systems and methods for facilitating cross-platform purchase redirection; US 10,068,213 B2; 9/4/2018; CPC G06Q 20/20; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: A purchase platform redirection (PPR) computing device is provided, the PPR computing device configured to receive a checkout request associated with a transaction initiated at an initial purchase platform by an account-holder. The checkout request includes an identifier of the initial purchase platform and an account-holder account identifier of the account-holder's payment account.

PATENT: Systems and methods for brokered authentication express seller links; US 10,068,220 B2; 9/4/2018; CPC G06Q 20/29; 27 claims; assigned to Visa International Service Corporation.

ABSTRACT EXCERPT: Systems and methods for providing a transaction authorization from a funds facilitation system for a transaction requested by a user to a merchant system such that the user is not required to input any user authentication information in excess of authentication information required by the merchant system are provided. A system and method can include receiving a transaction request from the merchant system containing a merchant ID, a merchant user ID, and a transaction amount.

PATENT: System for authorization and instant integration of credit card to digital wallet; US 10,068,226 B2; 9/4/2018; CPC G06Q 20/3674; 17 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the invention are directed to a system, method, or computer program product for security confidence calculation for digital wallet integration. In this way, the invention provides instantaneous access to new payment methods, such as credit cards with prevention of misappropriation based on user device security confidence and token presentation.

PATENT: Electronic authentication systems; US 10,068,230 B2; 9/4/2018; CPC G06Q 20/401; 17 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: Methods and devices are provided for use in facilitating transactions between transaction devices and points of interactions. In connection therewith, one transaction device generally includes an input and an output for communicating with a point of interaction with regard to a transaction by a consumer at the point of interaction involving the transaction device. The transaction device also includes a processor in communication with the input and the output.

PATENT: Systems and methods for determining enhanced merchant identification; US 10,068,239 B2; 9/4/2018; CPC G06Q 30/0201; 18 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: A computer implemented method for creating merchant profiles based on check transactions is provided.

PATENT: Method and system for processing a discount; US 10,068,243 B2; 9/4/2018; CPC G06Q 30/0222; 20 claims; assigned to MasterCard International Incorporated.

SUMMARY: The claimed invention relates to processing financial transactions, and more particularly, to applying a discount to a purchase price of a product or service in a financial transaction processed by a payment network.

PATENT: Systems and methods for suggesting financial account cards stored on a wireless device; US 10,068,244 B2; 9/4/2018; CPC G06Q 30/0226; 15 claims; assigned to Capital One Services, LLC.

ABSTRACT: A wireless device is enabled to process a transaction. In one implementation, the wireless device receives card data for a plurality of financial account cards and stores the card data in memory associated with the wireless device. The wireless device determines merchant information for the transaction and determines rewards benefit information for at least some of the plurality of financial account cards. The wireless device provides a suggestion of at least one of the plurality of financial account cards to use in the transaction based on the determined rewards benefit information.

PATENT: Systems and methods for providing a user interface for facilitating personal payment transactions; US 10,068,288 B2; 9/4/2018; CPC G06Q 40/02; 18 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: Systems and processes are disclosed for providing customized user interfaces for facilitating personal payment transactions. In certain embodiments, disclosed embodiments may generate a dynamic and customized interface for effecting the personal payment transaction by, for example, providing one or more options for the payer to fund the payment. The disclosed embodiments may provide an interface that includes one or more suggested recipients for identifying the payee associated with the payment transaction.

PATENT: System and method for determining a stable quoting quantity for use in a trading strategy; US 10,068,290 B2; 9/4/2018; CPC G06Q 40/04; 6 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Identification of a stable quoting quantity is disclosed. An example method includes setting a quoting quantity for a trading strategy based on a distribution associated with a tradable object of the trading strategy; defining a range having first and second boundaries based on the distribution; updating a first tracked value according to changes in the distribution; and changing the quoting quantity in response to the first tracked value falling outside the range.

PATENT: Electronic market message management using priority determination; US 10,068,291 B2; 9/4/2018; CPC G06Q 40/04; 24 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.

PATENT: Flexible price-volume indicator; US 10,068,292 B2; 9/4/2018; CPC G06Q 40/04; 24 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: Example methods, apparatus, and computer readable storage media are described and disclosed. An example method includes receiving, by a computing device, market data related to a tradeable object. The example method includes displaying, by the computing device, a flexible price-volume indicator, the flexible price-volume indicators aligned with a specific value level in a value axis.

PATENT: Repositioning a value axis; US 10,068,293 B2; 9/4/2018; CPC G06Q 40/06; 9 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Various embodiments of a trading screen allow a market value indicator to go out of view without necessarily triggering a command to reposition a value axis. The value axis may be repositioned to bring the market value indicator back in view when the market value indicator satisfies a threshold condition. The threshold condition is defined such that it is possible for the market value indicator to go out of view and not trigger a command to reposition the value axis.

PATENT: Method and system for allocating funds over a plurality of time deposit instruments in depository institutions; US 10,068,294 B1; 9/4/2018; CPC G06Q 40/08; 25 claims; assigned to Island Intellectual Property LLC.

SUMMARY: The field of the invention relates generally to administering an allocation of funds for the purchase of time deposit instruments at a plurality of depository institutions and possibly other financial instruments.

PATENT: Optical character recognition pre-verification system; US 10,062,060 B2; 8/28/2018; CPC G06Q 20/10; 18 claims; assigned to Bank of America Corporation.

ABSTRACT: A system which may categorize incoming payments is provided. The categorization may be performed by optical character recognition software. The categorization may enable proper allocation of time and human resources to each individual payment. The categorization may reduce wasted time and resources by allotting each payment the amount of resources necessary to determine the information stored thereon. The categorization may include a three-tiered system. The three-tiered system may include a straight-through processing ("STP") subsystem, a pre-verification subsystem and a verification subsystem.

PATENT: System and method for a mobile wallet; US 10,062,076 B1; 8/28/2018; CPC G06Q 20/36; 23 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: A computer-implemented method includes receiving an image captured by a mobile device and determining an orientation and a geographic location of the mobile device based on the image. The method includes generating a display for the image that identifies the location of one or more merchants relative to the mobile device and providing the relative location of the one or more merchants by sending the display to the mobile device as an overlay on the image.

Frip: Guess maps are passe.

PATENT: Automatic data transfer; US 10,062,077 B2; 8/28/2018; CPC G06Q 20/40; 22 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A first request for a transfer of data is transmitted in response to the use of a user device; it is determined that the first request for the transfer of data has been declined; an event is detected that indicates that the transfer of data in response to the use of the user device can be accepted; and a second request for the transfer of data is transmitted in dependence on detecting that the event has occurred.

PATENT: Payment account identifier system; US 10,062,079 B2; 8/28/2018; CPC G06Q 20/4016; 20 claims; assigned to Visa International Service Association.

ABSTRACT: A method for utilizing a non-transactable account identifier with a payment token is disclosed. The non-transactable account identifier can have the same format as a primary account number (PAN) and the payment token, but is not used to conduct a payment transaction.

PATENT: Method and system for identifying payment card holder interests and hobbies; US 10,062,082 B2; 8/28/2018; CPC G06Q 30/0201; 22 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: The method includes retrieving from one or more databases a first set of information comprising payment card transaction information, payment card holder information and merchant information. The method further includes analyzing the first set of information to construct one or more groupings of merchants based on merchant line of business or merchant association with a hobby or interest; analyzing the first set of information to identify one or more payment card holder purchase behaviors; and associating the one or more payment card holder purchase behaviors with the one or more groupings of merchants to identify one or more payment card holder hobbies or interests.

Frip: So if your hobby is watching pay-per-view porn on the Internet, MasterCard knows all about it.

PATENT: Consolidated trading platform; US 10,062,107 B1; 8/28/2018; CPC G06Q 40/00; 36 claims.

ABSTRACT: Techniques to facilitate security transactions in a preferred currency, regardless what original or market currency the securities are being traded in and where the transaction may take place, are disclosed. According to one aspect of the present invention, a three-tier architecture is presented and includes a brokerage, a market exchange and a currency exchange. Through a consolidated trading platform, the brokerage presents all prices, quotes, transactions or settlements in a preferred currency, in conjunction with the market exchange and the currency exchange. As a result, a trader always knows exactly what he/she may end up with a transaction of an asset.

PATENT: Systems, methods, and computer-readable storage media for calculating a housing volatility index; US 10,062,110 B1; 8/28/2018; CPC G06Q 40/04; 20 claims; assigned to Federal Home Loan Mortgage Corporation (Freddie Mac).

SUMMARY: The present disclosure generally relates to real estate markets. More particularly, the disclosure relates to systems, methods, and computer-readable storage media for calculating a housing volatility index from data reflecting changes in housing values over time.

PATENT: System and methods for facilitating options and/or futures; US 10,062,111 B2; 8/28/2018; CPC G06Q 40/04; 20 claims; assigned to CFPH, LLC.

ABSTRACT: Some embodiments may include allowing users to define and/or trade in binary options and/or other financial instruments. Various methods and apparatus are described.

PATENT: Systems, methods, and computer-readable storage media for calculating a housing volatility index; US 10,062,112 B1; 8/28/2018; CPC G06Q 40/04; 7 claims; assigned to Federal Home Loan Mortgage Corporation (Freddie Mac).

SUMMARY: The present disclosure generally relates to real estate markets. More particularly, the disclosure relates to systems, methods, and computer-readable storage media for calculating a housing volatility index from data reflecting changes in housing values over time.

PATENT: System and method for displaying a view of market depth on a graphical user interface; US 10,062,113 B2; 8/28/2018; CPC G06Q 40/04; 13 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A graphical interface and method are provided for displaying market information corresponding to a tradeable object. According to one example embodiment, a market depth indicator is displayed in relation to a value axis in a market overview interface. Then, detailed market depth is displayed in a market depth interface, and a plurality of market depth prices displayed in the market depth interface are adjustable based on a position of the market depth indicator in relation to the value axis.

PATENT: Multi-broker order routing based on net position; US 10,062,114 B2; 8/28/2018; CPC G06Q 40/04; 12 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: The disclosed embodiments provide tools for multi-broker order routing based on net position at a broker. The net position of a user at a broker to receive a portion of a trade order is considered when allocating the quantity for the trade order to multiple brokers.

PATENT: Method and apparatus for high-speed processing of financial market depth data; US 10,062,115 B2; 8/28/2018; CPC G06Q 40/04; 53 claims; assigned to IP Reservoir, LLC.

ABSTRACT: A variety of embodiments for hardware-accelerating the processing of financial market depth data are disclosed. A coprocessor, which may be resident in a ticker plant, can be configured to update order books based on financial market depth data at extremely low latency. Such a coprocessor can also be configured to enrich a stream of limit order events pertaining to financial instruments with data from a plurality of updated order books.

PATENT: System and method for providing market data in an electronic trading environment; US 10,062,116 B2; 8/28/2018; CPC G06Q 40/04; 9 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A system and methods are developed for providing market data in an electronic trading environment. One example method includes determining a probability model comprising a probability corresponding to a change in relation to a market data parameter, then, using the probability to generate a compressed bit stream representing the market data parameter, and providing the compressed bit stream to the client terminal.

PATENT: Digital currency (virtual payment cards) issued by central bank for mobile and wearable devices; US 10,055,714 B2; 8/21/2018; CPC G06Q 20/065; 19 claims; assigned to World Award Academy, World Award Foundation, AMobilePay, Inc.

ABSTRACT EXCERPT: Provided is a method for issuing single-use and multiple-use digital currency via a mobile and wearable device. The method may include receiving a currency issuance request from a user, prompting the user to enter a user authentication information, accessing a user account maintained by a currency issuer, generating the digital currency based on payment data of the user account, and providing the digital currency to the mobile and wearable device.

PATENT: Cryptocurrency payment network; US 10,055,715 B1; 8/21/2018; CPC G06Q 20/065; 12 claims; assigned to Square, Inc.

ABSTRACT: The present technology provides a payment service for providing financial transactions between a customer and merchant wherein the customer can pay in any currency and the merchant can be paid in any currency. Furthermore, the present technology supports payment using cryptocurrency, while improving such transactions in a way that takes advantage of benefits of such transactions while overcoming drawbacks such as delays in processing.

PATENT: Virtual currency system; US 10,055,720 B2; 8/21/2018; CPC G06Q 20/10; 14 claims; assigned to nChain Holdings Limited.

ABSTRACT EXCERPT: A system including a network connected to at least one mint computing device implementing a virtual currency mint. The network has a ring topology and includes computing devices that implement a plurality of nodes. The mint issues units of virtual currency to user accounts implemented by the nodes. Each of at least a portion of the nodes is configured to initiate (as a sender node) a transaction with a recipient node that transfers at least one unit of the virtual currency from a sender one of the user accounts to a recipient one of the user accounts.

Frip: Huh?

PATENT: Systems and methods for management of mobile banking resources; US 10,055,726 B2; 8/21/2018; CPC G06Q 20/3221; 14 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: Systems and methods for the management of mobile banking resources are disclosed. In one embodiment, a self-propelled, mobile transaction resource may include an unmanned, self-propelled, mobile platform; a user interface for interfacing with a user for conducting a transaction; at least one controller that controls the movement of the mobile platform and the user interface; a communications interface for the at least one controller that communicates with a server; and a plurality of sensors that capture at least one characteristic of the user.

PATENT: User and entity authentication through an information storage and communication system; US 10,055,732 B1; 8/21/2018; CPC G06Q 20/4014; 20 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: Systems and methods for authenticating parties and transactions are described herein. The systems and methods may be part of an information wallet system. The information wallet system or a separate authentication system in communication with the information wallet system may facilitate verification and/or authentication of the parties. In one embodiment, the authentication system includes an authentication server configured to receive an authentication request from a first party to authenticate a second party.

PATENT: Systems and methods for processing customer purchase transactions using biometric data; US 10,055,734 B2; 8/21/2018; CPC G06Q 20/40145; 20 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: A system and method is provided for processing customer purchase transactions using biometric data. Consistent with disclosed embodiments, a processing entity receives biometric data of a customer, wherein the biometric data is unique to the customer. The processing entity may additionally receive transaction data, the transaction data reflecting the price of a purchase transaction by the customer. The processing entity may compare the received biometric data to stored biometric data associated with customers of a financial service provider and identify common biometric data.

PATENT: Delayed transit fare assessment; US 10,055,735 B2; 8/21/2018; CPC G06Q 20/4016; 16 claims; assigned to Visa U.S.A., Inc.

ABSTRACT: At each of a plurality of point of sale terminals (POS) of a merchant, for each of a plurality of consumers, where each consumer seeks to conduct a transaction with the merchant for a good or service at a cost by using a payment device issued by an issuer in a payment system, data is read from a payment device. The data can include an identifier for an account issued by an issuer. Information is stored for each transaction and the consumer is permitted to receive the good or service from the merchant. After the consumer has received the good or service, a batch of the transaction are processed to derive there from the respective costs that are assessable to the respective accounts, where the merchant can be a transit system, the consumer a rider thereon, and the transaction can be access to a facility thereof.

PATENT: Systems and methods to modify interaction rules during run time; US 10,055,745 B2; 8/21/2018; CPC G06Q 30/02; 17 claims; assigned to Visa International Service Association.

ABSTRACT: In one aspect, a computing apparatus is configured to represent offer rules based on requirements for the detection of predefined types of events and actions scheduled to be performed in response to the detection of each occurrence of the events. The events are independent from each other in processing and are linked via prerequisite conditions to formulate the requirements of an offer campaign. The computing apparatus is configured to store data indicating the completion statuses of the events and process the events, including the scheduled actions, if any, in an atomic way. Thus, the offer rules can be changed on-the-fly during run time execution by the computing apparatus.

PATENT: Systems and methods to enhance search results using transaction data of merchants; US 10,055,751 B2; 8/21/2018; CPC G06Q 30/0226; 12 claims; assigned to Visa International Service Association.

ABSTRACT: A computing apparatus includes: a transaction handler configured to process transactions in a payment processing network; a data warehouse configured to store transaction data recording the transactions processed at the transaction handler; a profile generator configured to generate, based on the transaction data, a profile including business activity data configured to identify a time period of active business, and a portal configured to communicate with a search engine to enhance search results using the business activity data.

PATENT: Unified product catalog data retrieval and modification; US 10,055,770 B2; 8/21/2018; CPC G06Q 30/0601; 16 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments for providing a unified catalog include systems and methods that import catalog data from one or more underlying catalog systems. The systems identify items from the catalog data and modify at least one of item descriptions, item names, product categories, and item identifiers associated with the identified items. The systems further provide a unified user interface to a user for browsing the items, receive a request for at least one product selected by the user from the items, and send an order for the at least one selected product to the one or more catalog systems.

PATENT: Systems and methods for linking orders in electronic trading systems; US 10,055,787 B2; 8/21/2018; CPC G06Q 40/04; 20 claims; assigned to BGC Partners, Inc.

ABSTRACT EXCERPT: Systems and methods for linking orders in electronic trading systems are provided. These systems and methods enable a trader to select two or more items that are to be linked and specify linking parameters for those items. Any desired set of items may be linked, and the linking parameters may include price adjustments, order sequencing instructions, automatic/manual execution controls, execution delays commands, and update frequency limits. Upon detecting a bid or offer for a linked item, the systems and methods may then determine a size and a price for each linked item based upon the size and the price of the bid or offer for the first linked item.

PATENT: Systems, methods, and computer-readable storage media for calculating a housing volatility index; US 10,055,788 B2; 8/21/2018; CPC G06Q 40/04; 20 claims; assigned to Federal Home Loan Mortgage Corporation.

ABSTRACT EXCERPT: Systems, methods, and computer-readable media are disclosed for calculating a housing volatility index. An exemplary embodiment includes accessing stored property value data reflecting first values of real estate properties during a first time period and second values of the real estate properties during a second time period.

PATENT: System and method for quick quote configuration; US 10,055,789 B2; 8/21/2018; CPC G06Q 40/04; 20 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A method and system are described for providing a trader with the ability to quickly configure the quoting side of a trading tool, without experiencing the normal delays associated with conventional methods of quoting. In spread trading, an automated spread trading tool may automatically work an order to buy or sell a tradeable object. A user may configure the trading tool to work an order in a certain tradeable object first. The system allows the user to essentially on-the-fly configure the trading tool to work a second order in another tradeable object, and in response to the change, the system can take specific actions such as deleting the order in the first tradeable object and automatically entering the second order in the other tradeable object. This allows the trader to trade quickly and efficiently.

PATENT: System and method for coalescing market data at a client device; US 10,055,790 B2; 8/21/2018; CPC G06Q 40/04; 13 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A client device coalesces data received from an exchange, and provides a client application such as a graphical user interface with the opportunity to process fewer, but up-to-date, data updates from an exchange when a large volume of prices becomes available. Accordingly, the trader can be assured of receiving updated information that are fed to the client applications at a rate that is cohesive with that client device's processing speed.

PATENT: Trading availability utilizing alternate messaging channels; US 10,055,791 B2; 8/21/2018; CPC G06Q 40/04; 12 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: Certain embodiments provide a method including determining a communication state of a trading device, the communication state based on one or more factors including a measured signal strength of a first channel, the trading device configured to utilize at least one of a first channel and a second channel to communicate. The example method includes comparing the communication state to a communication criterion. The example method includes reconfiguring, based on the comparison of the communication state to the communication criterion, the trading device from transmitting using only the first channel to transmitting using both the first channel and the second channel.

PATENT: Systems and methods for providing a benefit product with periodic guaranteed minimum income; US 10,055,795 B2; 8/21/2018; CPC G06Q 40/08; 20 claims; assigned to Genworth Holdings, Inc.

SUMMARY: The present invention relates generally to systems and methods for providing a user with guaranteed minimum income payments and, more particularly, to systems and methods for guaranteeing minimum periodic income payments in association with a benefit product.

PATENT: Transaction systems and associated methods for enhanced account balance and status management; US 10,049,348 B2; 8/14/2018; CPC G06Q 20/10; 10 claims; assigned to MasterCard International Incorporated.

ABSTRACT: The present invention relates generally, but not exclusively, to prepaid account transaction infrastructures, particularly in the context of transit payments using a pay as you go functionality, but they are also applicable more broadly. Such infrastructures primarily enable users to synchronise account balances and statuses between a financial institution responsible for managing the account and another third party (such as a transit agency) and/or transfer data from the third party to another merchant location, this data may be written to the card for subsequent use in the third party's systems.

PATENT: Element level presentation of elements of a payment instrument for exceptions processing; US 10,049,350 B2; 8/14/2018; CPC G06Q 20/102; 18 claims; assigned to Bank of America Corporation.

ABSTRACT: Disclosed are systems, methods, and computer program products that provide for element level presentation of elements of a payment instrument for exceptions processing. More specifically, the invention involves identifying an exception element from an image of a financial document, determining the location of the exception element based on its coordinates within the image of the financial document, and providing a zoomed-in view of the exception element to the user along with information and resources to allow a user to conveniently conduct accurate analysis of the exception element. The system then receives a correct element from the user to replace the exception element, and then processes the financial document using the replaced correct element instead of the exception element.

Frip: My Mom always told me I was an exception.

PATENT: Embedding cloud-based functionalities in a communication device; US 10,049,353 B2; 8/14/2018; CPC G06Q 20/3227; 20 claims; assigned to Visa International Service Association.

ABSTRACT: Techniques for enhancing the security of a communication device may include providing an application agent and a transaction application that executes on a communication device. The application agent may receive, from the application, a cryptogram key generated by a remote computer, and store the cryptogram key on the communication device. When the application agent receives a request to conduct a transaction from the application, the application agent may generate a transaction cryptogram using the cryptogram key, and provides the transaction cryptogram to an access device.

PATENT: Interoperable mobile wallet refund; US 10,049,355 B1; 8/14/2018; CPC G06Q 20/367; 6 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: computer-implemented system and method that includes receiving, by a messaging hub computer system, from a point of sale (POS) device of a merchant, a request to process a refund for a transaction that occurred between the merchant and a mobile device of a payor, the request comprising a previously used code that was exchanged between the POS device and the mobile device.

PATENT: Secure communication of payment information to merchants using a verification token; US 10,049,360 B2; 8/14/2018; CPC G06Q 20/4014; 17 claims; assigned to Visa International Service Association.

ABSTRACT: Disclosed are apparatuses, systems, and methods pertaining to the secure communication of payment information from portable consumer devices, such as credit cards, to online merchants using verification tokens.

PATENT: Systems and methods of voice authentication in transactions; US 10,049,362 B2; 8/14/2018; CPC G06Q 20/40145; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: There is provided a method of authenticating data, comprising the following elements. Firstly, a voice biometric system is trained to identify a user from a message spoken by the user. Then a spoken message is received from the user, the spoken message comprising word content to be authenticated. The word content is then authenticated by using the voice biometric system to identify the user, and thereby authenticating the word content in the spoken message as word content spoken by the identified user. Suitable apparatus and systems are also disclosed.

PATENT: System and method for payment with rewards currency at the point of sale; US 10,049,376 B1; 8/14/2018; CPC G06Q 30/0238; 18 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: The invention relates to a computer-implemented system and method for enabling the use of rewards cash or points with a mobile device at a merchant's point of sale device, according to one example.

PATENT: System and method for intelligent gift registry; US 10,049,399 B1; 8/14/2018; CPC G06Q 30/0631; 9 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: Systems and methods for intelligent gift registries are disclosed. In one embodiment, a method for using an intelligent gift registry may include: (1) receiving, from a gift receiver, an identification of at least one gift receiver interest; (2) receiving, from a gift giver, an identification of at least one gift giver interest; (3) at least one computer processor generating a gift giving suggestion list comprising at least one gift giving suggestion and based on the at least one gift receiver interest and the at least one gift giver interest; (4) providing, to the gift giver, the gift suggestion list; and (5) receiving, from one of the gift giver, a gift selection.

PATENT: ATM privacy system and method; US 10,049,402 B1; 8/14/2018; CPC G06Q 40/00; 16 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: Embodiments of the invention are related generally to systems and methods for providing increased security at Automated Teller Machines ("ATMs") through the use of "smart glass" barriers. The system provides for increased security at ATMs by decreasing the transparency in glass panels which partially or completely enclose an ATM. In the present invention, a change in electrical current is delivered to the glass panel. The change in electrical current functions to decrease the transparency of the transparent glass panel, at least partially restricting the view of the user at the automated teller machine. Thus, the user may securely complete the transaction. In embodiments of the invention, the interior and exterior sides of the glass panels may also function as a high definition projection screens, and may be used to present displays to the user and/or to others.

PATENT: Transaction identification in a network environment; US 10,049,403 B2; 8/14/2018; CPC G06Q 40/02; 14 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: In one embodiment, a system for analyzing and reporting electronic transactions in a network environment includes an interface that may receive a transaction request at a first network device. A processor communicatively coupled to the interface may execute a task associated with the transaction request generate a transaction report associated with the transaction request and the task.

PATENT: Methods and systems to prevent adverse exchange limit effects; US 10,049,404 B2; 8/14/2018; CPC G06Q 40/04; 9 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit as a function of the first transaction limit, wherein the second transaction limit is to correspond to a reserve capacity associated with the exchange link. The example method includes assigning a message priority to each of a plurality of trade messages to communicate to the exchange.

PATENT: System and method for specified pool trading; US 10,049,405 B2; 8/14/2018; CPC G06Q 40/04; 24 claims; assigned to Tradeweb Markets LLC.

ABSTRACT EXCERPT: A computer system and related methods configured to store and deliver, upon request, information related to asset-backed security pools, and execute transactions between one or more parties relating to the same. The system generally comprises a computer and a network interface that includes a data storage system in communication with the computer, the data storage system storing information relating to the securities, and account information related to at least one or more parties.

PATENT: System for sharing retirement scores between social groups of customers; US 10,049,406 B2; 8/14/2018; CPC G06Q 40/06; 17 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the invention are directed to systems, methods, and computer program products for assessing retirement planning based on a retirement score. The system is configured to create a social network group, receive a request for the user to join the social network group, receive financial information of the user. Based on the financial information of the user, determine the projected retirement score of the user.

PATENT: Linking data from multiple market participants to generate a consolidated audit trail; US 10,049,409 B1; 8/14/2018; CPC G06Q 40/12; 19 claims; assigned to JPMorgan Chase Bank, N.A.

SUMMARY: In an aspect of the present disclosure, a processing device receives, from a first market participant and with respect to a first transaction, first transaction information, the first transaction information including (a) an identity of a beneficiary of the first transaction and (b) one or more first transaction parameters associated with the first transaction, generates an audit trail with respect to the first transaction, the audit trail including the first transaction information, receives, from a second market participant and with respect to the first transaction, second transaction information, the second transaction information including one or more second transaction parameters associated with the first transaction, links the second transaction information with the audit trail, processes the second transaction information and the audit trail to identify a discrepancy; and initiates one or more first actions based on the discrepancy.

PATENT: Method and apparatus for providing a balance-verified ACH identifier; US 10,043,160 B2; 8/7/2018; CPC G06Q 20/023; 16 claims; assigned to Bank of America Corporation.

SUMMARY: This invention relates to Automated Clearing House ("ACH") transactions. More specifically, this invention relates to ACH transactions at a point-of-sale ("POS") and methods to increasing the credibility of ACH transactions for merchants.

PATENT: Method for controlling financial chip of payment device; US 10,043,163 B2; 8/7/2018; CPC G06Q 20/105; 11 claims; assigned to Shinhancard Co., Ltd., Seoul (KR); KB Kookmincard Co., Ltd., Seoul (KR); Hyundai Card Co., Ltd., Seoul (KR); Samsung Card Co., Ltd., Seoul (KR); Lotte Card Co., Ltd., Seoul (KR); and Nonghyup Bank, Seoul (KR).

ABSTRACT EXCERPT: Disclosed is a method for controlling a financial chip of a payment device, in which information for multiple cards is stored in a single USIM chip, to enable the payment device to use credit cards from multiple card companies as a payment means.

PATENT: System and method for facilitating a transaction between a merchant and a cardholder; US 10,043,164 B2; 8/7/2018; CPC G06Q 20/12; 27 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: The system comprises an electronic storage device having a database of cardholder profile information and location information stored therein; an access path for allowing access to the cardholder profile information and location information; and a processor for assembling the cardholder profile information and location information in the database, and for providing the assembled cardholder profile information and location information to a merchant and a cardholder that have been granted access to the database.

Frip: Ho Hum.

PATENT: System and method for providing warning and protection for bill payments; US 10,043,166 B1; 8/7/2018; CPC G06Q 20/14; 18 claims; assigned to USAA.

ABSTRACT EXCERPT: In an example, a computerized method, and system for performing the method can include receiving data about a plurality of payments to be paid by at least one party, the data includes at least one penalty associated with at least one of the payments, ranking the payments based at least partially upon the penalty and determining an order for the payments to be paid.

PATENT: Mobile point-of-sale (POS) techniques; US 10,043,167 B2; 8/7/2018; CPC G06Q 20/20; 10 claims; assigned to NCR Corporation.

ABSTRACT: Mobile POS techniques are presented. A POS interface is configured and distributed to a mobile device over a network connection. The POS interface is a self-contained retail transaction system for a retailer. The mobile device is configured to execute the retail transaction system providing remote network or cloud-based services for data retrieval, and data storage to the retail transaction system on the mobile device. One or more retail transactions are processed on the mobile device via the POS interface.

PATENT: System and method for performing automatic payment transactions; US 10,043,171 B2; 8/7/2018; CPC G06Q 20/32; 26 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: A method and system of conducting a payment transaction including receiving, by a payment platform, a verification query including payment profile identification information and a payment request. The payment request includes merchant information. The payment profile identification information is obtained from a payment device using wireless communication. The payment device is associated with a payer, and the payment transaction is initiated in response to the presence of the payment device in a predetermined payment charging area.

PATENT: Enhanced near field communications attachment; US 10,043,175 B2; 8/7/2018; CPC G06Q 20/3278; 14 claims; assigned to Capital One Financial Corporation.

ABSTRACT: A secure fob that enables a user to pay for an item or items without needing to present a mobile device. A secure fob may include a proximity capability to ensure that a mobile device is within a particular range, thereby eliminating the risk of fraudulent charges on a stolen fob. In such an embodiment, a fob may be disabled if the fob is not paired with the mobile device by virtue of being disconnected and/or physically separated from the mobile device. The secure fob also may include enhanced features to authorize transactions and locate the mobile device and/or the secure fob.

PATENT: Device, system and method for reducing an interaction time for a contactless transaction; US 10,043,177 B2; 8/7/2018; CPC G06Q 20/352; 18 claims; assigned to Visa International Service Association.

ABSTRACT: Methods, devices, and systems are described for sending and receiving messages between a terminal reader and a payment device, such as a credit card. A dynamic signature is calculated on the payment device from an application transaction counter, a terminal unpredictable number, and a transaction amount, and it is sent with an application the locator (AFL) to the reader. The reader then sends a read record command to the payment device to get records associated with the AFL, among other normal processing. While the normal processing is occurring for the transaction, the dynamic signature can be recalculated and compared with that from the payment device in order to assure that nothing has surreptitiously changed the values in the messages.

PATENT: Secure mobile payment system; US 10,043,178 B2; 8/7/2018; CPC G06Q 20/385; 21 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: The present invention provides a method for conducting a transaction that includes receiving a pseudo account identifier that corresponds to a primary account identifier. The pseudo account identifier may be received at a portable wireless device and may be generated by a remote server computer. The portable wireless device can receive the pseudo account identifier over a first network and provide the pseudo account identifier to an access device. The access devices generally comprises a reader that can receive the pseudo account identifier, and thereafter send a message to request authorization of a transaction.

PATENT: Systems and methods for processing off-network transaction messages; US 10,043,181 B2; 8/7/2018; CPC G06Q 20/40; 29 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: A computer-implemented method for applying payment services to a payment transaction over a first payment network using a payment services computer system hosted on a second payment network is provided. The method includes receiving a service request at the payment services computer system from a requestor. The service request has a first format that is readable by the second payment network. The method includes determining, at the payment services computer system, the payment services the service request is registered to receive. The method includes processing the service request by applying the registered payment services to the service request.

PATENT: Organic light emitting diode (“OLED”) visual authentication circuit board; US 10,043,183 B2; 8/7/2018; CPC G06Q 20/4014; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: A circuit board that includes OLED display technology is provided. An OLED display may present light patterns recognizable by a hearing or visually impaired users. The light pattern may be customized by the user. A specific workflow may be associated with a specific light pattern. A light pattern may visually guide a user through a workflow. For example, different menu options may be color coded. High consequence changes may flash with a certain light sequence or pattern. Trusted devices may present a specific light pattern or matrix at "login" time to confirm that the user is accessing a trusted device.

PATENT: Secure authentication system and method; US 10,043,186 B2; 8/7/2018; CPC G06Q 20/409; 20 claims; assigned to Visa International Service Association.

ABSTRACT: Methods and systems pertaining secure transaction systems are disclosed. In one implementation, a computer with a verification token associated with a computer can send user authentication data as well as a secure datum to a control server. The verification token may obtain the secure datum from a validation entity. The control server can validate the secure datum and authentication data and can generate a payer authentication response.

PATENT: Fraud detection database; US 10,043,189 B1; 8/7/2018; CPC G06Q 30/0185; 20 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: Embodiments of techniques or systems for fraud detection are provided herein. A communication may be received where the communication includes one or more voice signals from an individual. Frequency responses associated with these voice signals may be determined and analyzed and utilized to determine whether or not potential fraudulent activity is occurring. For example, if a frequency response is greater than a frequency threshold, potential fraudulent activity may be determined. Further, frequency responses may be cross referenced with voice biometrics, voice printing, or fraud pathway detection results. In this way, voice stress or frequency responses may be utilized to build other databases related to other types of fraud detection, thereby enhancing one or more aspects of fraud detection. For example, a database may include a voice library, a pathway library, or a frequency library which include characteristics associated with fraudulent activity, thereby facilitating identification of such activity.

PATENT: Fraud detection database; US 10,043,190 B1; 8/7/2018; CPC G06Q 30/0185; 18 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: [Same as preceding patent]

PATENT: Method and system for consumer transactions using voice or human based gesture actions; US 10,043,209 B2; 8/7/2018; CPC G06Q 30/0641; 29 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method of initiating a consumer transaction using a human interaction device to read voice or human based gesture actions is disclosed. Video data is transmitted from a processing device to a display device. The video is monitoring for event data corresponding to a plurality of consumer products or services, and monitored event data is received in the processing device. A consumer is notified on the display device of an eligible consumer transaction. Voice or human based gesture actions are read with a human interaction device and are analyzed. If the voice or human based gesture actions conform to a predetermined set of requirements, then a consumer transaction for the plurality of consumer products or services is initiated.

PATENT: System and method for a trading interface incorporating a chart; US 10,043,215 B2; 8/7/2018; CPC G06Q 40/04; 15 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A graphical interface and method are provided for displaying market information corresponding to a tradable object. One graphical interface includes a chart region for displaying historical market data in relation to a first value axis, and a market grid region in alignment with the chart region. The market grid region comprises a plurality of areas for receiving commands from a user input device to send trade orders, and the areas are displayed in relation to a second value axis. A plurality of values displayed along the second value axis is a subset of values displayed in relation to the first value axis, and can be modified to a new plurality of values that corresponds to a new subset of values on the first value axis.

PATENT: 3-D graphical visualization of diversification of portfolio holdings; US 10,043,216 B2; 8/7/2018; CPC G06Q 40/06; 18 claims; assigned to The Vanguard Group, Inc.

ABSTRACT: Data visualization processes are provided for expressing diversification of an investment based on each underlying holding weight in the investment relative to each holding's market capitalization weight in the investment and each holding's market capitalization weight in the broad market or by its absolute holding percentage. Visualizations can be depicted in both 2-D and 3-D formats, with area fill, volume fill, color, and/or opacity depicting percentage of coverage. Visualization can show diversification down to the individual holding level and in aggregate levels, such as mega-cap, mid-cap and small-cap.

PATENT: Systems and methods for driver authentication through embedded sensing; US 10,037,515 B1; 7/31/2018; CPC G06Q 20/18; 20 claims; assigned to JPMorgan Chase Bank.

ABSTRACT EXCERPT: In one embodiment, a system for driver authentication through embedded sensing may include a vehicle that may include a plurality of sensors, each sensor sensing at least one of a characteristic of a vehicle occupant and a movement of the vehicle occupant; at least one computer processor executing a computer application, the computer application receiving and processing data from the plurality of sensors; and a communication interface.

Frip: So what is JP doing patenting a sensing system for driver authentication.

PATENT: Over the air update of payment transaction data stored in secure memory; US 10,037,523 B2; 7/31/2018; CPC G06Q 20/32; 23 claims; assigned to Visa International Service Association.

SUMMARY: Embodiments of the present invention are directed to a system, apparatus, and method for using a contactless element (such as a contactless smart chip) as part of a payment transaction.

PATENT: Method and system for authorizing card account transactions by geographic region; US 10,037,534 B2; 7/31/2018; CPC G06Q 20/405; 19 claims; assigned to Capital One Financial Corporation.

ABSTRACT: A method and system for authorizing card account transactions by geographic region by providing data for a user interface displaying geographic regions and merchant locations each corresponding to the location of a merchant where a transaction using a card account may be initiated, receiving a user interface selection representing a request to authorize or restrict card account transactions, receiving authorization requests for desired transactions, and authorizing or restricting the transactions in accordance with the request.

PATENT: Systems and methods for detecting transaction card fraud based on geographic patterns of purchases; US 10,037,532 B2; 7/31/2018; CPC G06Q 20/4016; 26 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: A computer-implemented method for detecting potentially fraudulent cardholder transactions is implemented by a fraud detection computer system in communication with a memory.

PATENT: Loyalty program parameter collaboration; US 10,037,535 B2; 7/31/2018; CPC G06Q 30/00; 27 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: Collaborative constituents collaborate to develop a loyalty program within a transaction processing system. Transmissions addressed to the collaborative constituents are formed and received from the collaborative constituents containing suggested parameters for the loyalty program.

PATENT: Method and system for monitoring and detecting fraud in targeted benefits; US 10,037,541 B1; 7/31/2018; CPC G06Q 30/0225; 20 claims; assigned to JPMorgan Chase Bank.

SUMMARY: The present invention relates generally to detecting, monitoring and investigating fraudulent activity, and more specifically to identifying potential fraud in transactions involving targeted benefits.

PATENT: Automated teller machine (ATM) interface; US 10,037,542 B2; 7/31/2018; CPC G06Q 30/0241; 14 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: One or more embodiments of techniques or systems for intelligent data presentation are provided herein. Data can be presented on similar devices having different characteristics in different manners. For example, data may be rendered in a first manner on a first device having one monitor, the same data may be rendered in a second manner on a second device having two displays or a different display size. Financial information, sales data, banking information, etc. may be presented in a variety of ways based on capabilities or properties of a device accessing the information or data.

PATENT: Systems and methods for managing lists using an information storage and communication system; US 10,037,561 B1; 7/31/2018; CPC G06Q 30/0633; 21 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: A system includes a processor and an information wallet application stored on machine readable storage media coupled to the processor and including program logic that causes the processor to receive a shopping list from a first information wallet adapter stored on a user computing device, send the shopping list to a second information wallet adapter stored on a merchant computing device, receive merchant data from the second information wallet adapter, wherein the merchant data includes one of price data and quantity data for at least one item included in the shopping list, and send the merchant data to the first information wallet adapter.

PATENT: Trading tools for electronic trading; US 10,037,567 B2; 7/31/2018; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.

PATENT: Method and apparatus for managing orders in financial markets; US 10,037,568 B2; 7/31/2018; CPC G06Q 40/04; 99 claims; assigned to IP Reservoir, LLC.

ABSTRACT: An integrated order management engine is disclosed that reduces the latency associated with managing multiple orders to buy or sell a plurality of financial instruments. Also disclosed is an integrated trading platform that provides low latency communications between various platform components. Such an integrated trading platform may include a trading strategy offload engine.

PATENT: System and method for prioritized data delivery in an electronic trading environment; US 10,037,570 B2; 7/31/2018; CPC G06Q 40/04; 15 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: A system and method for prioritized data delivery in an electronic trading environment are described herein. According to one example embodiment, by prioritizing the messages associated with a tradable object, the bandwidth and system resource usage may be optimally reduced, and any loss of priority content in the messages sent between the network device and the client device may be reduced.

PATENT: System and method for reducing the risks involved in trading multiple spread trading strategies; US 10,037,571 B2; 7/31/2018; CPC G06Q 40/04; 24 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: System and methods for reducing the risks involved in trading multiple spread trading strategies in an electronic trading environment are provided. Specifically, reducing the risks involved in trading multiple spreads that share a leg by, among other things, quoting a single order in the shared leg instead of quoting orders for each of the corresponding spread legs. Based on the computed quote price for the single order, associating the single order with the leaned on price that results in the price closest to the inside market in the shared leg.

PATENT: System and method for multi-market risk control in a distributed electronic trading environment; US 10,037,572 B2; 7/31/2018; CPC G06Q 40/04; 19 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A system and method are provided for distributed risk management. According to one example embodiment, a central risk controller is provided that can communicate with a plurality of local risk management modules located at a plurality of gateways. The central risk controller may allocate a portion of a central account balance associated with a trading account to each local risk management module. Then, as the trades are made using the trading account, the local risk management modules may manage risk associated with the trades until the local account balance is insufficient.

PATENT: Processing binary options in future exchange clearing; US 10,037,573 B2; 7/31/2018; CPC G06Q 40/04; 20 claims; assigned to Chicago Mercantile Exchange, Inc.

ABSTRACT EXCERPT: Systems and methods are disclosed for processing binary options (also referred to as digital options) in existing clearing systems, such as futures clearing systems. The binary option is treated, or processed, similar to standard options on a non-tradeable cash-settled underlying futures contract. A hypothetical instrument, referred to as a book instrument is created to facilitate clearing of the binary option. The book instrument has an expiration date after the expiration of the binary option, such as the day after the expiration of the binary option. For each binary option that expires in the money, a transaction is created for the book instrument future.

PATENT: Systems and methods to display chart bars with variable scaling and/or aggregation; US 10,037,574 B2; 7/31/2018; CPC G06Q 40/04; 16 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Example methods, apparatus, and computer readable storage media are described and disclosed. An example method includes receiving market data related to a tradeable object offered at an exchange, aggregating a first data subset of the market data for a first period, and aggregating a second data subset of the market data for a second period. The second period represents a period of time different from the first period. The example method includes defining a first bar based on the first data subset and a first bar-width, and defining a second bar based on the second data subset and a second bar-width. The second bar-width is related to the first bar-width based on a width-scaling factor. The example method includes displaying the first bar and the second bar in the window, wherein the first bar and the second bar are separated by a bar-spacing.

PATENT: System and method for displaying market data in an electronic trading environment; US 10,037,575 B2; 7/31/2018; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: A trading interface is provided for displaying market data related to a tradeable object being traded at an electronic exchange. According to one example embodiment, market data related to a tradeable object is displayed in relation to a value axis, such as a price axis. As new market data is received, the displayed market data is updated and may be repositioned so that a trader can view current market conditions in a viewable portion of the interface. The interface also includes a number of market movement indicators that assist a trader in tracking market movement.

PATENT: Visualization of changes through the use of graphical geometric shapes; US 10,037,576 B2; 7/31/2018; CPC G06Q 40/04; 18 claims; assigned to CFPH, LLC.

ABSTRACT: Methods and systems are disclosed for determining changes or revisions to a set of data and providing a user with a computerized graphical depiction of these changes through the use of multiple geometric shapes, the positioning of which shapes relative to one another and the size of which shapes relative to one another depict the changes to the user.

PATENT: System and method for graphically displaying market related data using fixed sized bars; US 10,037,577 B2; 7/31/2018; CPC G06Q 40/04; 10 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: A system and method are provided for displaying market related data, such as traded volume at each price level, or any other trader-selected values, using one or more fixed size bars. In one preferred embodiment, a graphical display interface is provided and includes a plurality of fixed size bars that display traded volume at different price levels. In such an embodiment, the length of each bar may correspond to a predefined maximum value, and each bar may be progressively color-coded using a first graphical format to represent traded volume that is lower than the maximum value.

PATENT: Mobile device holding mechanism for multiple check duplex image capture; US 10,032,141 B1; 7/24/2018; CPC G06Q 20/042; 20 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: Systems and methods for preparing customer check deposit requests with a mobile device and a reflective surface are described. A check frame is positioned between a customer mobile device with a built-in camera and a mirror such that, when a check is placed in the check frame, the camera can view both sides of the check simultaneously. The camera can take a single picture that includes both sides of the check, process it, and submit it as a check deposit request to the customer's financial institution.

PATENT: Systems and methods for enhanced dining and other experiences using a mobile device; US 10,032,144 B1; 7/24/2018; CPC G06Q 20/102; 17 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: Systems and methods for enhanced dining experiences, and other experiences, using a mobile device are disclosed. In one embodiment, the system (1) monitors providing at least one good or service to the customer during the event; the system (2) performing processing to determine cardless payment feature availability including: (a) determining a probable spend of the customer for the event; (b) determining a probable spend acceptable threshold (PSAT) for the event; (c) comparing the probable spend of the customer versus the PSAT, and based on such comparing, determining that the probable spend is within PSAT and, based on such determination, determining that the cardless payment feature is available to the customer; the system (3) generating an invoice; (4) transmitting the invoice to the customer's messaging address; (5) receiving, over the at least one network, an approval for the invoice; and the system (6) charging the customer's account.

Frip: Really! A patent on enhanced dining.

PATENT: Mobile device with disabling feature; US 10,032,157 B2; 7/24/2018; CPC G06Q 20/3278; 20 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: A method and system for payments for mobile phone payments with a disabling feature is disclosed. The method includes activating a mobile phone containing contactless payment systems, and having a timeout feature disable the contactless payment systems after a set period of time.

PATENT: Isolating distinct service provider widgets within a wallet container; US 10,032,160 B2; 7/24/2018; CPC G06Q 20/3674; 16 claims; assigned to MasterCard Mobile Transactions Solutions, Inc.

ABSTRACT: Isolating distinct service provider widgets within a wallet container is accomplished by configuring a widget to provide access to an issuer-specific service group of services that are accessible in a service tier of a multi-tier platform for providing secure transactions, determining widget isolation requirements for operating the widget, configuring a widget descriptor with the isolation requirements, and communicating with the configured widget that has been deployed on a mobile device to provide at least one service from the issuer-specific service group.

Frip: Never have figured out what a widget is.

PATENT: Secure validation of financial transactions; US 10,032,168 B2; 7/24/2018; CPC G06Q 40/4016; 14 claims; assigned to FMR LLC.

ABSTRACT EXCERPT: Methods and apparatuses, including computer program products, are described for secure validation of financial transactions. A server computing device registers a mobile device to receive notification messages from the server computing device. The server computing device transmits a notification message via a first communication channel to a notification agent executing on the registered mobile device, where the message identifies activity associated with a financial account of a user of the registered mobile device.

PATENT: Customized lending product system and method; US 10,032,218 B1; 7/24/2018; CPC G06Q 40/025; 18 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: A computer-implemented method includes providing an application form configured for electronic display and data entry, receiving loan application data via the form, and providing selectable lending product features based on the loan application data. The selectable lending product features include an approved range of selectable credit options. Each of the selectable credit options has a different associated amount of required collateral.

PATENT: Secure exchange feed market data embargo; US 10,032,219 B2; 7/24/2018; CPC G06Q 40/04; 19 claims; assigned to Chicago Mercantile Exchange, Inc.

ABSTRACT: Methods, devices, and systems for communicating market data with market participants involve obfuscating at least a portion of a first financial message. Communicating the market data also involves augmenting a second financial message with a key configured to remove the obfuscation from the obfuscated portion of the first financial message. The market data is ultimately communicated by transmitting the first financial message to a particular participant, and transmitting the second message to a plurality of participants. The particular participant may then use the key from the second financial message to remove the obfuscation of the first financial message.

PATENT: Switching layer for trading on global markets; US 10,032,220 B2; 7/24/2018; CPC G06Q 40/04; 24 claims; assigned to FIDESSA PLC (GB).

ABSTRACT: Techniques for managing and routing market orders across a global trading system. Each trading node can be associated with one or more markets and each node can be configured to provide market access to each market associated with a node in the system. Each trading node can be connected, via a network, to a global switching layer. The global switching layer can route requests, such as orders and the like, from an end user associated with one of the plurality of nodes to a corresponding exchange or market. The global switching layer can be configured to dynamically provide, to each end user, a user interface element corresponding to each trading node.

PATENT: Exchange feed for trade reporting having reduced redundancy; US 10,032,221 B2; 7/24/2018; CPC G06Q 40/04; 23 claims; assigned to Chicago Mercantile Exchange, Inc.

ABSTRACT EXCERPT: The disclosed embodiments relate to communication of financial messages from an Exchange to market participants whereby messages, or at least a portion of the content thereof, indicative of changes in the market, due to one or more trades between two or more market participants, are structured so as to reduce redundant data therein and prioritize the transmission of that portion of the message which summarizes the event and result thereof.

PATENT: Generating market information based on causally linked events; US 10,032,222 B2; 7/24/2018; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: Certain embodiments provide systems, apparatus, and methods to analyze incoming data messages and create market information constructs. An example method includes receiving a data message including an instruction to initiate a market event. The example method includes evaluating the instruction to determine whether it is associated with two or more causally linked market events. The example method also includes classifying the instruction based on the evaluating as part of a sequence of causally linked market events or as a single market event.

PATENT: System for account linking and future event integration into retirement score calculation; US 10,032,223 B2; 7/24/2018; CPC G06Q 40/06; 20 claims; assigned to Bank of America Corporation.

SUMMARY: In general, embodiments of the invention relate to retirement planning, in particular, embodiments of the invention relate to a framework for assessment of retirement planning by providing a retirement score for at least a first user and a second user based on the first and second user linking user profiles of the first user and the second user.

PATENT: Inferred matching of payment card accounts by matching to common mobile device via time and location data analysis; US 10,032,231 B2; 7/24/2018; CPC G06Q 40/12; 21 claims; assigned to MasterCard International Incorporated.

ABSTRACT: Payment card account transaction data sets and mobile device travel profiles are compared with each other to detect matches in terms of times and locations of use and/or presence. Such an analysis may link two or more payment card accounts to the same mobile device. Consequently, common ownership of the two or more payment card accounts may be reasonably inferred. Based on the inference of common ownership, marketing related analysis may be performed on a combined transaction data set that reflects transactions in both commonly owned payment card accounts.

PATENT: System and method for collecting and distributing digital receipts; US 10,026,065 B2; 7/17/2018; CPC G06Q 20/0453; 11 claims; assigned to Integrated Bank Technology, Inc.

SUMMARY: According to certain embodiments of the present invention, a method for coordinating the provision of a digital receipt associated with a financial transaction is provided. According to the method, a digital receipt and an identifier corresponding to the digital receipt (e.g., a globally unique identifier) are communicated from an acquirer and received at a digital receipt server. The digital receipt and the corresponding identifier may be communicated through a second network, such as the Internet. The digital receipt and the identifier corresponding to the digital receipt are then stored in the digital receipt server.

PATENT: Method and system of capturing an image of a card; US 10,026,074 B1; 7/17/2018; CPC G06Q 20/3276; 12 claims; assigned to Capital One Services, LLC.

ABSTRACT: A method and a system of capturing an image of a card having a magnetic stripe is provided. The method includes obtaining a first image by an imaging device of the card, obtaining a plurality of images of the card via color delta analysis, and obtaining a third image of the card by comparing the first and the plurality of images.

PATENT: Systems, methods, and computer readable media for payment and non-payment virtual card transfer between mobile devices; US 10,026,076 B2; 7/17/2018; CPC G06Q 20/351; 33 claims; assigned to MasterCard International Incorporated.

ABSTRACT: The subject matter described herein includes methods, systems, and computer readable media for virtual card transfer between near field communications (NFC)-enabled mobile devices. According to one aspect, a method for over-the-air (OTA) virtual card transfer between NFC-enabled mobile devices is disclosed. The method includes receiving, at an OTA provisioning server, a virtual card, from a sending mobile device, that is intended for a receiving mobile device. The virtual card is provisioned, over the air, to the receiving mobile device, where the virtual card is immediately presentable by the receiving mobile device at a point of sale terminal.

PATENT: Payment cards for multiple accounts, and methods associated therewith; US 10,026,077 B2; 7/17/2018; CPC G06Q 20/3572; 15 claims; assigned to MasterCard International Incorporated.

ABSTRACT: Provided is a payment card for multiple accounts. The card comprises a card member; a plurality of programmable chips, at least one of which is releasably attached to the card member; each programmable chip has an associated personal identification number (PIN); and a control chip operable for selecting one of the programmable chips to be active during a transaction.

PATENT: System and method for accessing multiple accounts; US 10,026,078 B1; 7/17/2018; CPC G06Q 20/3572; 15 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: The invention relates to a system and method for accessing multiple accounts. According to one embodiment, the system includes an access device comprising a body in the form of a card; a processor housed in the body; a memory housed in the body and connected to the processor, wherein the memory stores information on the multiple accounts; a selection device housed in the body and adapted to allow a user to select one of the multiple accounts; a display housed in the body for displaying information identifying the selected account, wherein the processor is programmed to generate a signal to generate the information identifying the selected account in response to a user selecting one of the multiple accounts using the selection device; and a wireless transmitter and a wireless receiver housed in the body and connected to the processor.

PATENT: Selecting ecosystem features for inclusion in operational tiers of a multi-domain ecosystem platform for secure personalized transactions; US 10,026,079 B2; 7/17/2018; CPC G06Q 20/3674; 16 claims; assigned to MasterCard Mobile Transactions Solutions, Inc.

ABSTRACT: Selecting ecosystem features for inclusion in operational tiers includes taking a reference implementation of a specific application adapted to operate in a multi-domain computing ecosystem and, using a computer, breaking down the reference implementation into service related components, determining ecosystem participants for the reference implementation, and using a feature allocation engine to configure operational features that enable one of the service related components.

Frip: Huh?

PATENT: Method and system for linkage of blockchain-based assets to fiat currency accounts; US 10,026,082 B2; 7/17/2018; CPC G06Q 20/3829; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method for managing fractional reserves of blockchain currency includes: storing, in a first central account, a fiat amount associated with a fiat currency; storing, in a second central account, a blockchain amount associated with a blockchain currency; storing a plurality of account profiles, each profile including a fiat currency amount, blockchain currency amount, account identifier, and address; receiving a transaction message associated with a payment transaction, the message being formatted based on one or more standards and including a plurality of data elements, including a data element reserved for private use including a specific address and a transaction amount; identifying a specific account profile that includes the specific address included in the data element in the received transaction message; and updating the blockchain currency amount included in the identified specific account profile based on the transaction amount included in the data element in the received transaction message.

PATENT: Systems and methods for initiating and authorizing transactions using a detectable device; US 10,026,084 B2; 7/17/2018; CPC G06Q 20/40; 17 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action.

PATENT: Data passed in an interaction; US 10,026,087 B2; 7/17/2018; CPC G06Q 20/40; 20 claims; assigned to Visa International Service Association.

ABSTRACT: A method for providing first data and second data for an interaction is disclosed. The first data is beneficial to a first party and necessary for the interaction, while the second data is beneficial to a second party and is not necessary for the interaction. The first data and second data are provided by a first party device in a single data element. A second party device receives the single data element, separates the first data and second data, and processes the first data and second data separately.

PATENT: Real-time issuer bidding to compete for use of electronic payment instrument by consumer; US 10,026,117 B1; 7/17/2018; CPC G06Q 30/08; 27 claims; assigned to Intuit Inc.

ABSTRACT EXCERPT: Issuers of electronic payment instruments can bid or submit competing offers to consumers in real-time during a transaction to influence consumers selecting their electronic payment instruments to complete a pending electronic transaction. Requests for bids, issuer responses with offers or proposed terms (e.g., annual percentage rate, miles, points, cash back, etc.), analysis of competing issuer offers, and selection of an electronic payment instrument based on the offer analysis occur in real-time such as while the consumer is at an electronic payment device of a merchant.

Frip: Wow! Talk about holding up the checkout line.

PATENT: System for allowing external validation of data in a process data network; US 10,026,118 B2; 7/17/2018; CPC G06Q 40/00; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Systems, computer program products, and methods are described herein for a system for allowing external validation of data in a process data network. The present invention is configured to create a block chain of resource information based on at least aggregated information associated with past transfer of resources executed by an entity; receive an indication that the entity has executed a transfer of resources at a terminal; receive information associated with the transfer of resources based on at least receiving the indication that the entity has executed the transfer of resources; and update the block chain of transaction information with the transaction activity executed by the entity.

PATENT: System and method for controlled market data delivery in an electronic trading environment; US 10,026,122 B2; 7/17/2018; CPC G06Q 40/04; 26 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A system and methods for controlled market data delivery are described. According to one example embodiment, upon detecting a preset threshold of updates in a queue at a gateway, a predetermined number of market updates may be processed before any data is sent to a client terminal. According to one method, update types may be used to control how many updates are processed before any data is sent. Also, once the number of updates to be processed is set, a market update having a higher priority update type may be used to trigger a change in the number of market updates that was set for processing.

PATENT: System and method for asymmetric offsets in a risk management system; US 10,026,123 B2; 7/17/2018; CPC G06Q 40/04; 20 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT EXCERPT: Conventional systems assign symmetrical offsets for products, that is, if two products have an 80% correlation they each would be assigned an offset of 80% with respect to each other. However, it is desirable to allow for asymmetrical offsets. In the disclosed system and method, when two products have a correlation of 80%, one may be assigned an offset of 75% and the other may be assigned an offset of 80%. There are many reasons to vary the offset between the products. The varying offset may reflect an asymmetry in the risk in one of the products, such as being traded in an illiquid market or in a less desirable venue. The varying offset may correct for an imbalance in spread credits due to special charges from intra spreading.

PATENT: Order grid highlighting; US 10,026,124 B2; 7/17/2018; CPC G06Q 40/04; 20 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT EXCERPT: Systems, methods and user interfaces are provided for order matrix management and highlighting. Market data may be arranged in a matrix where the market data may be highlighted and/or otherwise presented to provide further information to a user. In some cases a computer system may include a computer-readable medium containing computer-executable instructions that, when executed by one or more processors, cause a computing device to receive market data for a financial instrument.

PATENT: Time market grid interface; US 10,026,125 B2; 7/17/2018; CPC G06Q 40/04; 14 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A system and method are provided for trading a tradeable object. One example apparatus includes a microprocessor, a graphical user comprising a first screen region having a plurality of locations in the first screen region, each location corresponding to a price level along a first axis and a time along a second axis. The apparatus also comprises a user input device for sending a command to initiate placement of a timed trade order, and an indicator being dynamically displayed in one of the plurality locations of the first screen region and corresponding to the timed order. In one example embodiment, the indicator dynamically moves over time relative to the second axis indicating a time until the order will be automatically sent to a computerized matching process.

PATENT: Deterministic and efficient message packet management; US 10,026,126 B2; 7/17/2018; CPC G06Q 40/04; 21 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: Methods, devices, and systems for facilitation of deterministic management of a plurality of electronic message packets communicated to an application via a network from a plurality of message sources. The facilitation involves an electronic message packet from the network, determining data indicative of order the electronic message packet was received relative to previously received electronic message packets, and providing the order to the application.

PATENT: Dynamic generation of order entry fields on a trading interface; US 10,026,127 B2; 7/17/2018; CPC G06Q 40/04; 9 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Some embodiments of the invention provide systems and methods for displaying market data for a tradable object which are configured to generate order entry fields for display responsive to user input wherein the generated fields are automatically associated with a price for the tradable object to facilitate the timely placement of a trade.

PATENT: Apparatuses, methods and systems for a volatility expiration index platform; US 10,026,128 B2; 7/17/2018; CPC G06Q 40/06; 15 claims; assigned to NYSE Group, Inc.

ABSTRACT: The Volatility Expiration Index Platform (“VEIP”) transforms user and market data inputs via VEIP components into Vol Ex Index publication and Vol Ex Index instrument communications outputs. A current reference security price may be determined for a reference security. A plurality of option strike prices may be derived from the current reference security price. Implied volatility and delta may be determined for options associated with each derived option strike price and used to calculate a delta-weighted implied volatility for each derived option strike price. A weighting for each derived option strike price may be determined and used along with the delta-weighted implied volatilities to calculate a volatility expiration index value for the reference security. Using the volatility expiration index value, a volatility expiration index financial instrument may be generated and introduced into a financial instrument exchange market.

PATENT: Adaptive enterprise workflow management system; US 10,019,684 B2; 7/10/2018; CPC G06Q 10/06316; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: A centralized workflow management system is described that provides for the ability to manage workflows existing throughout a large enterprise regardless of the format of the workflow platform/system providing the workflows. The system and other embodiments provide for workflow extensibility, such that changes to existing workflows and/or addition of new workflows result in automatic adaption to all downstream and upstream workflows that are affected by the change or addition.

Frip: “Workflow extensibility.” Yes!

PATENT: Transaction card mode related to locating a transaction card; US 10,019,707 B1; 7/10/2018; CPC G06Q 20/341; 20 claims; assigned to Capital One Services, LLC.

SUMMARY: According to some possible implementations, a transaction card may include one or more processors to determine to initiate a mode associated with the transaction card. The mode may be related to locating the transaction card. The mode may be associated with outputting a first signal. The one or more processors may determine a manner in which to configure the mode based on a set of parameters. The set of parameters may include a power level of the transaction card, or a strength of a second signal associated with a connection between the transaction card and a device associated with the transaction card. The one or more processors may initiate the mode after configuring the mode. The one or more processors may determine to terminate the mode based on an indication that the transaction card has been located.

PATENT: System of anonymous user creation based on oblivious transfer; US 10,019,709 B2; 7/10/2018; CPC G06Q 20/38215; 19 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the invention include systems, methods, and computer-program products for anonymizing a user utilizing oblivious transfer. In this way, the invention establishes a common index to identify members of a population sample, anonymizes the identities of sample members to each party, and exchanges statistics and characteristics of the sample population. The invention creates a common searchable index and anonymizes the sample members of the database via encryption of identification of individual customers in each sample.

PATENT: Customer-based associate interfaces; US 10,019,718 B2; 7/10/2018; CPC G06Q 30/016; 17 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: A computing system may generate a customer interface comprising a listing of transactions of a customer and one or more user-selectable options for the customer to utilize to identify a subset of the transactions relevant to an inquiry and may communicate the customer interface to a computing device associated with the customer.

PATENT: Systems and methods for providing a redeemable commerce object; US 10,019,723 B2; 7/10/2018; CPC G06Q 30/0215; 21 claims; assigned to Capital One Services, LLC.

ABSTRACT: A system includes one or more memory devices storing instructions, and one or more processors configured to execute the instructions to perform steps of a method. The system may enable a first user to select a redeemable commerce object to be placed within a web page. The system may create the web page that includes a representation of the redeemable commerce object. A second user may be enabled to view the web page and select the redeemable commerce object in order to redeem it. The system may facilitate the transfer of value from to the second user upon redeeming the redeemable commerce object.

PATENT: Systems and methods for providing offers using a mobile device; US 10,019,725 B2; 7/10/2018; CPC G06Q 30/0239; 20 claims; assigned to Capital One Financial Corporation.

ABSTRACT: A wireless device is enabled to provide offers. The wireless device receives card data for a financial account card and stores the card data in a memory associated with the wireless device. Responsive to using the card data in a transaction at a first merchant location, the wireless device receives transaction line-item data from a computing system associated with the first merchant location. The wireless device determines merchant information for a second merchant location and determines an offer associated with the second merchant location based on the line-item data and the merchant information for the second merchant. The wireless device presents the offer when the wireless device is near the second merchant location.

PATENT: Systems and methods for throttling transaction processing based on constrained sub-systems; US 10,019,756 B2; 7/10/2018; CPC G06Q 40/00; 24 claims; assigned to MasterCard International Incorporated.

ABSTRACT: This disclosure relates generally to payment card transaction systems and, more specifically, to systems and methods for throttling processing steps associated with payment card transactions based on constrained sub-systems.

PATENT: Systems and methods for providing a customizable spreadsheet application interface for an electronic trading system; US 10,019,758 B2; 7/10/2018; CPC G06Q 40/04; 12 claims; assigned to CFPH, LLC.

ABSTRACT: Systems and methods for providing a customizable spreadsheet application interface for an electronic trading system or market data source. A customizable spreadsheet application using the application interface according to the invention may be executed or stored either at the client or at a server. In either case, a user is preferably provided with an spreadsheet interface that allows the user to implement a real time electronic trading model. The trading model may preferably be used to trade in the electronic trading system without additional user intervention.

PATENT: Real-time probability determination based on technical indicators in a financial instrument environment; US 10,019,759 B2; 7/10/2018; CPC G06Q 40/04; 20 claims.

SUMMARY: The claimed invention relates to financial instrument trading in general, and specifically to the process of providing real-time probability metrics for one or more financial instruments.

PATENT: System for utilizing a retirement score to receive benefits; US 10,019,760 B2; 7/10/2018; CPC G06Q 40/06; 18 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the invention are directed to systems, methods, and computer program products utilizing a generated retirement score for use qualification and authorization to receive benefits. In this way, the invention calculates a retirement score for the user indicating the user's preparedness for retirement at a future predetermined date, wherein the future predetermined date is selected by the user.

PATENT: Method and system for automatically harmonizing access to a software application program via different access devices; US 10,013,680 B1; 7/3/2018; CPC G06Q 20/00; 20 claims; assigned to Citicorp Credit Services, Inc.

ABSTRACT EXCERPT: The financial institution receives information from the user via the user's access device, including information identifying the type of device being used and the application program the user wishes to access. The application program is then accessed and the information to be displayed to the user is identified. This information is automatically translated into a format which is compatible with the device, including its display, and sent to the device for display. The user, in turn, inputs information in response to the displayed information and this input information is automatically translated into a format which is compatible with the application program and is sent to the application program. The response generated by the application program is automatically translated to be compatible with the device and is sent to the device.

PATENT: System and method for mobile check deposit; US 10,013,681 B1; 7/3/2018; CPC G06Q 20/042; 30 claims; assigned to USAA.

ABSTRACT: Machine-readable storage media having instructions stored therein that, when executed by a processor of a mobile device, configure the mobile device to capture a check image for deposit and read a MICR line of the received check image. The mobile device is configured to present electronic images of the check to the user after the electronic images are captured. The mobile device may be configured to confirm that the deposit can go forward after optical character recognition (OCR) is performed on the check, the optical character recognition (OCR) determining an amount of the check, comparing the OCR determined amount to an amount indicated by the user, and reading a MICR line of the check.

PATENT: Systems and methods for point of sale deposits; US 10,013,683 B2; 7/3/2018; CPC G06Q 20/108; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: The disclosed embodiments include systems and methods for executing a point of sale deposit. In one embodiment, a system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive deposit information related to a point of sale deposit from a mobile device, and generate a deposit token retaining at least the deposit information and deposit authorization information.

PATENT: Processing cardless transactions at automated teller devices; US 10,013,684 B2; 7/3/2018; CPC G06Q 20/1085; 17 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: In some embodiments, a computer system may receive, from an automated teller device associated with a financial institution, login input comprising one or more online banking credentials associated with a customer of the financial institution. Subsequently, the computer system may validate the login input. If the login input is valid, the computer system may generate a one-time passcode. Then, the computer system may send, to a customer mobile device associated with the customer, the one-time passcode. Thereafter, the computer system may receive, from the automated teller device, passcode input. Subsequently, the computer system may validate the passcode input. If the passcode input is valid, the computer system may generate a customer authentication message. Then, the computer system may send, to the automated teller device, the customer authentication message.

PATENT: Time analysis of a banking system; US 10,013,685 B2; 7/3/2018; CPC G06Q 20/1085; 18 claims; assigned to Diebold Nixdorf, Incorporated.

ABSTRACT: A banking system that utilizes metrics in acquiring and processing event data related to financial transaction activity at a plurality of automated banking machines. Automated banking machine include sensors able to detect event data during a transaction. The event data can include transaction data related to the type of transaction, time analysis data related to duration of the transaction, and operational data related to machine components used in carrying out the transaction. The event data for automated banking machines can be obtained, analyzed, and stored. Statistical averages associated with the banking system machines can be determined in real time. The averages allow a respective machine to be compared to other machines with respect to operational efficiency. An alert can be issued concerning a statistical anomaly regarding the respective machine.

Frip: Another group of human bank employees replaced by robot bank employees.

PATENT: Systems and methods for merchant mobile acceptance; US 10,013,690 B2; 7/3/2018; CPC G06Q 20/382; 23 claims; assigned to Visa International Service Association.

ABSTRACT: Systems and methods are provided for merchant mobile acceptance of user device data. For example, a method comprises receiving encrypted user device data and reader metadata from a merchant mobile device, determining a device reader API and device reader encryption scheme using the device reader metadata, parsing the encrypted user device data using the device reader API to determine encrypted personal information, and decrypting the encrypted personal information using the reader encryption scheme.

PATENT: System for simulation and implementation of dynamic state-dependent resource reconfiguration; US 10,013,714 B2; 7/3/2018; CPC G06Q 40/00; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods, and computer program products for implementing a dynamic state-dependent resource reconfiguration, such as the reconfiguration of resources and assets that may occur with a relationship between a first user and a second user is terminated. Example embodiments include incorporating into the resource reconfiguration aspects of prior user agreements and simulating the expected outcome of the dynamic state-dependent resource reconfiguration.

PATENT: Temporary waiver tool; US 10,013,715 B2; 7/3/2018; CPC G06Q 40/02; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods and computer program products for use in financial systems, where data communication is automated for purposes of providing temporary waivers. An exemplary apparatus is configured to receive a request from a requesting entity to assign an account a temporary waiver. The account may be associated with one or more services that require a payment for utilizing the service. The system may then send the request to a processing entity to analyzes the request for approval, and receive an approval decision based at least partially on the analysis of the request. In response to receiving the approval decision, the system may process at least one subsequent action for providing or declining a temporary waiver.

PATENT: System for sharing retirement scores between social groups of customers; US 10,013,716 B2; 7/3/2018; CPC G06Q 40/06; 17 claims; assigned to Bank of America Corporation.

CLAIM 1 PREAMBLE: A system for creating social network group membership for a user based on a projected retirement score of the user.

PATENT: Database retrieval system; US 10,007,898 B2; 6/26/2018; CPC G06Q 20/10; 1 claim; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: A method for database retrieval is provided. The method may include receiving a history datastore. The method may include receiving a payment, i.e., a paper check. The method may include simultaneously scanning the check into a grayscale image and black and white image. The method may include reviewing each pixel on the black and white image alone and in combination with surrounding pixels to determine an arrangement of shaded pixels.

PATENT: Methods and systems for displaying account information; US 10,007,905 B2; 6/26/2018; CPC G06Q 20/327; 22 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Systems and methods are provided for displaying account information. The systems and methods may include a portable smart display device in short-range communication with a mobile device. The smart display device may be configured to provide a user with quick and easy yet secure access to account information, without the need for multi-step login and verification processes. The smart display device may be sized to fit within a wallet and within quick, easy reach of a user. The smart display device may receive up-to-date account information from the mobile device, and display the account information on-demand upon detecting an activation event, thereby providing an enjoyable user experience and a useful tool for quickly informing the user of their financial situation.

Frip: An “enjoyable user experience”? Gimme a break.

PATENT: Method and system of capturing an image of a card; US 10,007,907 B1; 6/26/2018; CPC G06Q 20/3276; 17 claims; assigned to Capital One Services, LLC.

ABSTRACT: A method and a system of capturing an image of a card having a magnetic stripe is provided. The method includes obtaining a first image by an imaging device of the card, obtaining a plurality of images of the card via color delta analysis, and obtaining a third image of the card by comparing the first and the plurality of images.

PATENT: Method and system for automatically harmonizing access to a software application program via different access devices; US 10,007,908 B1; 6/26/2018; CPC G06Q 20/38; 5 claims; assigned to Citicorp Credit Services, Inc.

ABSTRACT EXCERPT: The financial institution receives information from the user via the user's access device, including information identifying the type of device being used and the application program the user wishes to access. The application program is then accessed and the information to be displayed to the user is identified. This information is automatically translated into a format which is compatible with the device, including its display, and sent to the device for display. The user, in turn, inputs information in response to the displayed information and this input information is automatically translated into a format which is compatible with the application program and is sent to the application program. The response generated by the application program is automatically translated to be compatible with the device and is sent to the device.

PATENT: Method and system for secure transmission of remote notification service messages to mobile devices without secure elements; US 10,007,909 B2; 6/26/2018; CPC G06Q 20/3821; 24 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to the transmission of remote notification service messages to a mobile device without requiring a secure element, and more specifically the use of encryption and authentication codes for the secure transmission, receipt, and processing of remote notification service messages without the use of secure elements.

PATENT: Systems and methods to facilitate loyalty reward transactions; US 10,007,915 B2; 6/26/2018; CPC G06Q 20/405; 14 claims; assigned to Visa International Service Association.

ABSTRACT: A communications system for financial transactions, such as payment transactions made via credit accounts, debit accounts, prepaid accounts, bank accounts, stored value accounts and the like, is enhanced and/or used to support reward transactions. Thus, the reward communications can be processed as transactions over the communications system in a way similar to and/or together with credit/debit transactions.

PATENT: Opt in system and method; US 10,007,922 B2; 6/26/2018; CPC G06Q 30/0226; 20 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: A financial transaction system includes a computer readable storage medium and a processor in communication with the computer readable storage medium. The processor is configured to receive a financial transaction request message from a payment device reader, and parse the financial transaction request message. The financial transaction request message includes a cardholder response to an offer to enroll in a loyalty program of a commercial entity. The processor is further configured to store the cardholder response in the computer readable storage medium.

PATENT: System and method for granting promotional rewards to credit account holders; US 10,007,923 B1; 6/26/2018; CPC G06Q 30/0232; 24 claims; assigned to JPMorgan Chase Bank, N.A.

SUMMARY: The present invention is generally related to data processing techniques for enabling bank customers to earn promotional rewards. More particularly, the present invention is related to a data processing technique for allowing a Bank's existing credit cardmembers to earn promotional rewards for specific triggering behaviors in a specific time frame, wherein the rewards can be targeted to specific cardmembers or groups.

PATENT: Location-based obfuscation of user information; US 10,007,941 B1; 6/26/2018; CPC G06Q 30/0615; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: A device is provided to receive, from a first device, a request for a product or service, determine a first geographic location of the first device, and identify a second device that is located in a geographic region associated with the first geographic location. The second device may be associated with a user that is capable of providing the product or service. The device may provide, to the first device, information regarding a second geographic location of the second device. The information may specify an obfuscated second geographic location without revealing the second geographic location.

PATENT: Systems and methods for facilitating a transaction relating to newly identified items using augmented reality; US 10,007,948 B1; 6/26/2018; CPC G06Q 30/0643; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: A system may provide an augmented environment that facilitates a transaction. The system may store profile data including user payment or user profile information. The system may then receive environmental data including audio and visual information representing a physical environment. The system may then receive first user input data indicative of a selection of one or more items present in the physical environment, and identify one or more action items in the environmental data based on the first user input data. In response to this identification, the system may augment the environmental data by adding virtual environmental data, and then provide this virtual environmental data to a device to create an augmented environment.

PATENT: Visual depiction of warnings and errors; US 10,007,949 B2; 6/26/2018; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: Methods, systems and computer-readable storage media disclosed herein provide visual depictions of warnings and errors. An example method includes detecting, using a computing device, a change in a design of a trading algorithm. The trading algorithm is defined by a user-specified arrangement of blocks representing trading functionality. The example method includes determining, using the computing device, whether the trading algorithm complies with a trading algorithm rule. The example method includes facilitating, using the computing device, at least one of warning handling or error handling when the trading algorithm does not comply with the trading algorithm rule.

PATENT: Integrating multiple trading platforms with a central trade processing system; US 10,007,950 B2; 6/26/2018; CPC G06Q 40/04; 19 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Methods, systems, and computer-readable media for integrating multiple trading platforms with a central trade processing system are presented. In some embodiments, a central trade processing computing platform may receive, from a trading engine computer system, a request for interface information. The computing platform may load trading interface data that includes product information associated with a set of one or more financial products offered via a trading interface provided by the trading engine computer system and interface layout information associated with the trading interface.

PATENT: Identity management service using a blockchain providing identity transactions between devices; US 10,007,913 B2; 6/26/2018; CPC G06Q 20/4014; 22 claims; assigned to ShoCard, Inc.

ABSTRACT: Logic on a first remote device causes the capture of personal data identifying a user from an identification card. The logic generates a hash value from the personal data using a hashing algorithm and signs the hash value with a digital signature created using a private key paired with a public key. The logic transmits, over a network, the signed hash value and the public key from the remote device to a distributed public database for storage. The logic receives, over the network, a transaction number from the distributed public database. The logic then transmits the transaction number and the personal data to a second remote device. Logic on the second remote device verifies that the hash value in the signed hash value is the same as a generated hash value and verifies that the signed hash value was signed with the private key.

PATENT: Systems and methods for point of sale deposits; US 10,002,346 B1; 6/19/2018; CPC G06Q 20/108; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: The disclosed embodiments include systems and methods for executing a point of sale deposit. In one embodiment, a system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive transaction information related to a point of sale deposit from a client device, and generate a pending deposit transaction based on the transaction information.

PATENT: Systems and methods for processing transactions using a wallet; US 10,002,351 B1; 6/19/2018; CPC G06Q 20/36; 12 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: The invention is directed to a wallet vault, in the form of a tangibly embodied processing machine, disposed in communication with a financial payment network and a wallet in a customer device. Token information is generated and stored and corresponds to a payment product of the customer. The token information is output from the customer device by the wallet, to a merchant POS system, and routed to the wallet vault. At the wallet vault, the token information is used to retrieve the customer's payment product information and then output by the wallet vault for approval by the appropriate financial entity. In such manner, a transaction may be authorized but the merchant does not receive the customer's payment product information for such authorization.

Frip: My wallet vault is my pocket.

PATENT: Digital wallet exposure reduction; US 10,002,352 B2; 6/19/2018; CPC G06Q 20/363; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments are directed to reducing digital wallet exposure. Embodiments determine that a potential exposure associated with a first payment credential associated with a digital wallet has been detected; determine that the digital wallet has at least one additional associated payment credential; and, in response to determining the potential exposure has been detected and determining that the digital wallet has at least one additional associated payment credential, initiate at least one exposure reduction measure intended to reduce potential exposure to the at least one additional associated payment credential.

PATENT: Methods and systems for conducting transactions; US 10,002,353 B2; 6/19/2018; CPC G06Q 20/381; 25 claims; assigned to MasterCard International Incorporated.

SUMMARY: Embodiments disclosed herein relate to transaction systems. In particular, some embodiments relate to performing funds transfers, including funds transfers associated with loyalty or reward programs or other virtual currencies.

PATENT: Multi currency exchanges between participants; US 10,002,354 B2; 6/19/2018; CPC G06Q 20/381; 20 claims; assigned to PayPal, Inc.

ABSTRACT: A method and apparatus for facilitating payment transactions in multiple currencies between participants is provided. In one embodiment, an option is provided to a user to select a currency in which to make a payment. An indication of the selected currency in which to make the payment is received. A determination is made as to whether the selected currency is a primary currency of an account of the user. Based on the selected currency being different from the primary currency of the account of the user, the payment is converted to the selected currency.

PATENT: Automated card notification system and method; US 10,002,384 B1; 6/19/2018; CPC G06Q 40/025; 34 claims; assigned to JPMorgan Chase Bank, N.A.

SUMMARY: Embodiments of the invention are related generally to systems and methods for providing information related to a financial account to an account holder, and, more particularly, to a system and method for providing the account related message on a face of a card connected with the financial account.

PATENT: Managing the execution of trades between market makers; US 10,002,385 B2; 6/19/2018; CPC G06Q 40/04; 55 claims; assigned to BGC Partners, Inc.

ABSTRACT: According to one embodiment, a method of managing trading is provided. A first bid for a first instrument is received from a first market maker at a first bid price. A first offer for the first instrument is received from a second market maker at a first offer price, the first offer price being lower than the first bid price. As a result of the first offer price being lower than the first bid price, the first bid price is automatically decreased to match the first offer price, and a first timer having a predetermined duration is started. If the first timer expires and both the first bid and the first offer exist at the first offer price when the first timer expires, a trade between the first bid and the first offer is automatically executed.

PATENT: System and method for automatic repositioning of market information in a graphical user interface; US 10,002,386 B2; 6/19/2018; CPC G06Q 40/04; 4 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A method for automatically positioning information related to a commodity on a graphical user interface. Market information is displayed on the graphical user interface. The market information may be presented as a number of indicators, corresponding to particular items of interest, that are associated with a static scale. The scale may, for example, represent price. Upon detecting a predetermined condition, the location of the market information is automatically repositioned.

PATENT: Pre-contracted, staged, currency exchange system; US 10,002,387 B2; 6/19/2018; CPC G06Q 40/04; 20 claims; assigned to Bank of America Corporation.

SUMMARY: The present invention is directed to apparatuses, methods, and computer program products for implementing a pre-contracted, staged currency exchange system. A user is enabled to define negotiated currency exchange rates and transaction premiums for an upcoming trip. Therefore, the user can avoid highly variable currency exchange rates and transaction premiums for the duration of the trip. Furthermore, the user is enabled to pre-stage transactions or withdrawals of funds at the negotiated currency exchange rates and transaction premiums.

PATENT: Risk mitigation in an electronic trading system; US 10,002,388 B2; 6/19/2018; CPC G06Q 40/04; 16 claims; assigned to NYSE Group, Inc.

ABSTRACT EXCERPT: An electronic trading system (ETS) implements risk mitigation methods for orders and quotes associated with a market participant on the ETS. The methods determine a measure of risk associated with one or more trading positions. One of the methods globally counts the number of breaches of risk thresholds associated with a trading symbol and market participant across all matching engines on the ETS over a rolling time period, and if this global risk counter exceeds a maximum, disables all further trades by the market participant on the ETS.

PATENT: Interactive mapping system for user experience augmentation; US 10,002,395 B2; 6/19/2018; CPC G06Q 40/12; 19 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention comprise systems, computer program products, and methods for an interactive mapping system. The system provides improved tracking and management related to activity resource requirements in a time/geographic locational relationship. The system captures activity information and images and identifies relationship resource requirements for the activity. The system generates an interactive mapping system for user experience augmentation.

PATENT: Vertical network computing integration, analytics, and automation; US 9,996,815 B2; 6/12/2018; CPC G06Q 10/087; 31 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: Embodiments of the invention can relate to methods, systems, apparatuses directed to integration of computing networks, especially within supply chains, and use of information from these integrated networks to generate analytics.

Frip: Want a patent? Use the word “analytics.”

PATENT: Split message initiated payment system, method and apparatus; US 9,996,830 B2; 6/12/2018; CPC G06Q 20/209; 18 claims; assigned to Mastercard International Incorporated.

ABSTRACT: A system, method, and computer-readable storage medium configured to split a payment card transaction into separate channels with a merchant bill message and cardholder payment message.

PATENT: Mobile subscriber device for financial transaction tokens; US 9,996,833 B2; 6/12/2018; CPC G06Q 20/353; 20 claims; assigned to Visa U.S.A. Inc.

ABSTRACT EXCERPT: There is provided a mobile subscriber unit for a financial transaction token. The subscriber unit interfaces with a financial token or card that is in communication with the subscriber unit. The financial token or card has an onboard energy source so that the card token may operate away from proximity to a merchant terminal (e.g.; a POS terminal).

PATENT: Systems and methods for settling chargeback transactions; US 9,996,834 B2; 6/12/2018; CPC G06Q 20/381; 21 claims; assigned to Mastercard International Incorporated.

ABSTRACT EXCERPT: A chargeback settlement processing (CSP) computer system for determining a gain or loss in a chargeback transaction is provided, that includes a memory device and a processor in communication with the memory device. The processor is programmed to transmit to a payment card network for settlement at least one chargeback transaction file corresponding to at least one received chargeback transaction, associated with an original transaction settled using a first currency exchange rate. The at least one chargeback transaction file includes a unique file identifier.

PATENT: Systems and methods for communicating token attributes associated with a token vault; US 9,996,835 B2; 6/12/2018; CPC G06Q 20/385; 17 claims; assigned to Visa International Service Association.

ABSTRACT: Systems and methods for interoperable network token processing are provided. A network token system provides a platform that can be leveraged by external entities (e.g., third party wallets, e-commerce merchants, payment enablers/payment service providers, etc.) or internal payment processing network systems that have the need to use the tokens to facilitate payment transactions. A token registry vault can provide interfaces for various token requestors (e.g., mobile device, issuers, merchants, mobile wallet providers, etc.), merchants, acquirers, issuers, and payment processing network systems to request generation, use and management of tokens. The network token system further provides services such as card registration, token generation, token issuance, token authentication and activation, token exchange, and token life-cycle management.

PATENT: Integration of secure protocols into a fraud detection system; US 9,996,837 B2; 6/12/2018; CPC G06Q 20/4016; 19 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: Embodiments of the present invention are directed to methods and systems for performing a secure authentication process by leveraging the historical transaction data associated with an issuer. The historical transaction data stored at a fraud detection system may include the types of frequency of past authentication processes performed by the issuer, allowing for a determination of the likelihood of an authentication challenge process being applied to a current transaction.

PATENT: Cloud service facilitator apparatuses, methods and systems; US 9,996,838 B2; 6/12/2018; CPC G06Q 30/016; 10 claims; assigned to Visa International Service Association.

ABSTRACT: The CLOUD SERVICE FACILITATOR APPARATUSES, METHODS AND SYSTEMS ("CSF") transforms user purchase requests, refund requests, and product/service replacement requests via CSF components into transaction records, refunds, and replacement products/services outputs. The CSF may receive a consumer purchase request for a cloud service from a merchant. In response to the request, the CSF may generate a unique record key for the purchase and may transmit the unique record key to the merchant. The CSF may further receive additional transaction information and the unique record key from the merchant. In response to the received information and the unique key, the CSF may provide additional service to the merchant or the consumer.

PATENT: User enhanced authentication system for online purchases; US 9,996,864 B2; 6/12/2018; CPC G06Q 30/0609; 18 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: Embodiments of the invention are directed to methods, systems, devices and computer-readable media. In embodiments of the invention, a user is authenticated using an authentication process that is capable of authenticating a user using an inline authentication form that can authenticate a consumer without transferring a session maintained by a merchant. The inline authentication form is used if the components of the authentication system are capable of supporting an inline authentication form. If the components of the system cannot support an inline authentication form, a different authentication process is used.

PATENT: Automated exchange for trading of securities; US 9,996,876 B1; 6/12/2018; CPC G06Q 40/00; 6 claims.

ABSTRACT: An automated exchange is provided for trading financial instruments, such as options contracts. The exchange receives a plurality of orders to buy or sell the instruments and stores them in a book memory arranged in order of best price to worst price. The exchange also receives a quotation to purchase or sell a quantity of the instruments at the best price and stores the quotation in the book memory. The orders are traded with the quotation at the best price and when the entirety of the quotation is traded a new quotation is generated and stored in the book memory at a price one or more minimum trading increments worse than the best price. The size of the generated quotation is based on values stored in a quotation table.

PATENT: System and method for using order modifiers in relation to trading strategies; US 9,996,877 B2; 6/12/2018; CPC G06Q 40/04; 13 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A quantity modifier and a price modifier are provided for a spread trading strategy having a desired spread price and a desired spread quantity. According to an example embodiment, a quantity modifier divides the desired spread quantity into a plurality of disclosed spread quantities. Once the disclosed quantities are determined, a plurality of disclosed spread orders having the disclosed spread quantities are sequentially submitted to the market until the full desired spread order quantity is executed or until a predefined condition is detected. A price modifier determines a price level for each disclosed spread quantity, such that each disclosed spread order may be submitted at a different price level.

PATENT: Geolocation check-in system; US 9,990,594 B2; 6/5/2018; CPC G06Q 10/02; 7 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods and computer program products for providing a geolocation check-in system. An exemplary apparatus is configured to collect positioning data related to a user. After collecting position data the apparatus may be configure to determine, based at least partially on the positioning data that the user has crossed a threshold of a geofence associated with a merchant's location. Based at least partially on this determination the apparatus may be configured to initiate a merchant check-in associated with the user and transmit user information to the merchant.

Frip: Big Bro, big time.

PATENT: Bill payment using direct funds transfer; US 9,990,613 B1; 6/5/2018; CPC G06Q 20/102; 24 claims; assigned to Square, Inc.

ABSTRACT EXCERPT: Introduced here is a technology that enables a bill payer, who is an account holder at a financial institution (e.g., a bank), to send a bill payment to a bill payee by submitting, via a financial application of the financial institution, the bill payee's identifier and a bill payment amount, where funds for the bill payment amount are transferred directly to the bill payee substantially instantaneously upon the bill payer's request. The technology involves communication between a computer system of a financial institution ("financial institution system"), a mobile financial application installed on a bill payer's mobile device, and a third-party, remote computer system of a payment service ("PSS").

PATENT: Cash card system; US 9,990,618 B2; 6/5/2018; CPC G06Q 20/204; 13 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method includes a point of sale (POS) terminal receiving transaction data indicative of a purchase transaction, and detecting, by a card interface associated with the POS terminal, the presence of an integrated circuit (IC) payment card. The process also includes the POS terminal receiving indications of a plurality of data objects stored in the IC payment card, selecting a payment application based at least in part on the transaction data and the indications of the plurality of data objects, retrieving an account number associated with the selected payment application, and then executing the selected payment application to handle the purchase transaction.

PATENT: Authentication and payment system and method using mobile communication terminal; US 9,990,622 B2; 6/5/2018; CPC G06Q 20/32; 5 claims; assigned to SK Planet Co., Ltd.

SUMMARY: The present invention relates, in general, to an authentication and payment system and method using a mobile communication terminal and, more particularly, to an authentication and payment system and method using a mobile communication terminal, which separately processes authentication and approval using the terminal of a merchant (a mobile communication terminal, wired terminal or terminal connected via a leased line) and the mobile communication terminal of a purchaser without leaking payment information about the purchaser, in direct sales transactions between a merchant and a purchaser offline and mail order sales transactions using multimedia or printed media, such as terrestrial broadcasting, satellite broadcasting or catalogs.

PATENT: Establishing trust for conducting direct secure electronic transactions between a user and service providers; US 9,990,625 B2; 6/5/2018; CPC G06Q 20/3227; 7 claims; assigned to MasterCard Mobile Transactions Solutions, Inc.

ABSTRACT: Ensuring security of electronic transactions between a user and a service provider involves establishing electronic trust among a user, device, transaction service provider, and service providers through OTAC processing, key generation and exchange, and verification.

PATENT: Internet service provider (ISP) authentication of eCommerce transactions; US 9,990,629 B2; 6/5/2018; CPC G06Q 20/4016; 11 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: The present disclosure provides internet service provider (ISP) authentication of eCommerce transactions, more particularly, a method and system of associating an ISP recognition identification (ID) with a cashless payment account. A system, method, and software product are provided for fraud prevention in the field of cashless payment account transactions.

PATENT: Platform and method for analyzing the performance of message oriented middleware; US 9,990,630 B2; 6/5/2018; CPC G06Q 20/4016; 19 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: A computer server platform application for analyzing a capability of a message oriented transaction system. The platform application includes a first server having a performance driver utility for sending a plurality of transactions through a queue manager as messages having a payload and a correlation identification. The performance driver utility calculates and records a completion time for each transaction sent. A backend utility within the first server is for receiving each transaction sent, converting each payload into a reply message, and sending the reply message to a reply queue destination.

PATENT: Dynamic modification of a verification method associated with a transaction card; US 9,990,632 B1; 6/5/2018; CPC G06Q 20/405; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: A device may determine that a verification method associated with a transaction card is to be modified from a first verification method to a second verification method. The first verification method and the second verification method may use different types of verification information. The device may provide a set of instructions to the transaction card after determining that the verification method is to be modified. The set of instructions may cause the transaction card to modify the verification method from the first verification method to the second verification method.

PATENT: Enterprise fulfillment system with dynamic prefetching, secured data access, system monitoring, and performance optimization capabilities; US 9,990,636 B1; 6/5/2018; CPC G06Q 30/016; 22 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: Systems and methods for providing services to customers in response to customer requests received through one or more channels are disclosed. The present invention provides for a central fulfillment hub in which all requests from banking customers may be processed by applying a library of policies to systematically resolve the customer requests or engage resources necessary to resolve such requests. In addition, the system may provide security mechanisms to secure access to resources, including applications and data, based on applications, assigned user roles or user, activities, and access control configurations.

PATENT: System and method for granting promotional rewards to credit account holders; US 9,990,642 B2; 6/5/2018; CPC G06Q 30/02; 19 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: A system and method for providing promotional rewards is provided. First, a promotional reward is communicated to a customer. The promotional reward offer comprises a promotional reward associated with one or more promotional reward-earning behaviors and a promotional time frame. The offer may specify a customer population, and the customer may be enrolled in the promotional reward program if the customer is determined to be in the population. The customer is credited a promotional reward if the customer accomplishes the promotional reward-earning behavior(s) within the promotional time frame.

PATENT: Systems and methods to provide real-time offers via a cooperative database; US 9,990,643 B2; 6/5/2018; CPC G06Q 30/0201; 16 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: In one aspect, a computing apparatus is configured to: store transaction data recording transactions processed by a transaction handler; organize third party data according to community, where the third party data includes first data received from a first plurality of entities of a first community and second data received from a second plurality of entities of a second community; and responsive to a request from a merchant in the second community, present an offer of the merchant in the second community to users identified via the transaction data and the first data received from the first plurality of entities of the first community.

PATENT: Systems and methods to provide a user interface for redemption of loyalty rewards; US 9,990,646 B2; 6/5/2018; CPC G06Q 30/0233; 19 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: A system includes a rule engine to determine details of loyalty reward currency redemption from one or more reward accounts as part of the processing of a payment transaction in a payment account of a user. The redemption details are determined based on user preferences and rules of the loyalty programs, and transmitted to the user during the authorization of the payment transaction.

PATENT: Systems and methods for multiplier-adjusted lean levels for trading strategies; US 9,990,675 B2; 6/5/2018; CPC G06Q 40/04; 10 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: Certain embodiments provide a method for trading in an electronic trading environment including receiving market data relating to a plurality of tradeable objects; sending a order to an exchange for the first tradeable object at a quoted price; receiving a fill confirmation for the quoting order at a filled price; determining a difference between the quoted price and the filled price; determining a hedge price for each of the plurality of tradeable objects other than the first tradeable object based at least in part on the difference and at least one multiplier associated with at least one leg of the trading strategy; and sending hedge orders for each of the plurality of tradeable objects other than the first tradeable object at the corresponding hedge price.

PATENT: Cover-OCO for legged order; US 9,990,676 B2; 6/5/2018; CPC G06Q 40/04; 11 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A position associated with a synthetic spread order may be managed where a status of a synthetic spread order is identified as legged. The synthetic spread order may have at least one child hedge order pending at an electronic exchange and in response, a bracket order is submitted to an electronic exchange for the tradeable object associated with a filled leg of the synthetic spread. In response to execution of the bracket order, the child hedge order may be cancelled.

PATENT: Selectively providing cash-based e-commerce transactions; US 9,984,361 B2; 5/29/2018; CPC G06Q 20/227; 18 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: Systems and methods are provided for facilitating alternative payment submissions. According to a one aspect, a selection by a purchaser of one or more items is received, one or more characteristics associated with the purchaser are processed to determine a reliability of the purchaser, and an option to provide payment for the one or more items by way of a first payment method in lieu of a second payment method is selectively provided to the purchaser based on the determined reliability, the second payment method corresponding to a payment method requiring the purchaser to provide banking information and the first payment method corresponding to a payment method not requiring the purchaser to provide banking information.

PATENT: System and method for managing a compromised account; US 9,984,368 B2; 5/29/2018; CPC G06Q 20/36; 18 claims; assigned to MasterCard International Incorporated.

SUMMARY: The field of the present disclosure relates to managing a compromised account and, more particularly, to computer-based methods and systems for managing a compromised account included within a digital wallet having an account management functionality.

PATENT: Determining targeted incentives based on consumer transaction history; US 9,984,379 B2; 5/29/2018; CPC G06Q 30/0202; 40 claims; assigned to Visa International Service Association.

ABSTRACT: Systems, apparatus, and methods for determining incentives based on consumer history. When, how, and to whom incentives are sent can be determined. For example, an incentive can be sent to a consumer to encourage a transaction at a time when the particular consumer is predisposed to initiate the transaction. Also, an incentive for a transaction can be sent to a consumer when that transaction has a high likelihood of leading to other transactions. An incentive can also be sent after a consumer initiates a transaction that is known to not have many subsequent transactions correlated to it.

Frip: “Predisposed to initiate the transaction”? You mean drunk, right?

PATENT: ATM customer messaging systems and methods; US 9,984,411 B1; 5/29/2018; CPC G06Q 40/02; 8 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: Identification information for a first account holder at a financial institution is received. The first account holder is authenticated based on the identification information. A second account holder at the financial institution is identified as being known to the first account holder. Inputs are received from the first account holder to configure a message to be displayed to the second account holder. The message is displayed to the second account holder from the first account holder.

PATENT: Approaches to location based merchant financing; US 9,984,412 B1; 5/29/2018; CPC G06Q 40/025; 13 claims; assigned to Square, Inc.

ABSTRACT EXCERPT: A payment system can determine whether a merchant is eligible for a cash advance for a particular amount, along with a fee for the cash advance. The particular amount can be determined by evaluating previous financial transactions that were conducted by the merchant through the payment system. Once a determination is made that the merchant is eligible for the cash advance, the payment system can send an offer for the cash advance in the particular amount to the merchant, for example, in the form of an e-mail or text.

PATENT: System and method for displaying risk data in an electronic trading environment; US 9,984,413 B2; 5/29/2018; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies, Inc.

ABSTRACT: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.

PATENT: System and method to determine insurance mitigation actions based on informatic data; US 9,984,417 B1; 5/29/2018; CPC G06Q 40/08; 20 claims; assigned to USAA.

ABSTRACT: A computer device and method for processing risk or loss related data to determine insurance mitigation actions. Informatic data is received for an insured property from one or more informatic sensor devices associated with the insured property. Analysis is performed on the received informatic data to determine one or more risk conditions relating to the insured property. A mitigation report is generated based upon the determined one or more determined risk conditions which identifies one or more mitigation actions to be taken by an insured to reduce risks and the potential for future losses to the insured property.

PATENT: Hybrid electronic lockbox; US 9,984,423 B2; 5/29/2018; CPC G06Q 40/12; 8 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: A method of managing an electric lockbox, such as to reduce processing times associated with remittance processing, may include receiving, by one or more computing devices at a financial institution, a batch file and/or one or more physical remittances at lockbox associated with a payee, the batch file and any physical remittances comprising information associated with a plurality of financial transactions between one or more payors and the payee.

PATENT: Automated systems for reducing computational loads in the mass execution of analytical models using scale-out computing; US 9,978,038 B2; 5/22/2018; CPC G06Q 10/087; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT: Disclosed embodiments provide systems and techniques for mass execution of analytical models across multiple dimensions of client, collateral, deal structure, third party, and other data relevant to predicting optimal decisions in real-time. In some embodiments, disclosed systems and techniques increase decisioning speed through the reduction of computational loads on disclosed decisioning systems. Further disclosed systems and techniques may scale-out analytical modeling computations through, among other technological solutions, advanced execution environments that are asynchronous and non-blocking in nature so as to allow the execution of a plurality of analytical models in parallel and optimizing the results.

Frip: “Mass execution.” That would be one way of dealing with non-patentable, abstract ideas.

PATENT: Acceptance quality improvement using localization data to adjust contactless payment; US 9,978,054 B2; 5/22/2018; CPC G06Q 20/3224; 17 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method may include requesting payment infrastructure data from a payment device reader. The method may further includes receiving payment infrastructure data from the payment device reader. The payment infrastructure data that is received may be indicative of a country in which the payment device reader is installed. In addition, the method may include selecting data for transmission to the payment device reader based at least in part on the received payment infrastructure data.

PATENT: System, method, and apparatus for a dynamic transaction card; US 9,978,058 B2; 5/22/2018; CPC G06Q 20/3563; 12 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: A dynamic transaction card that includes a number of layers, each of which may be interconnected to one another. For example, a dynamic transaction card may include an outer layer, a potting layer, a sensor layer, a display layer (including, for example, LEDs, a dot matrix display, and the like), a microcontroller/microprocessor storing firmware, Java applets, Java applet integration, and the like, an EMV processor, an energy storage component, one or more antenna (e.g., Bluetooth antenna, NFC antenna, and the like), a power management component, a flexible printed circuit board (PCB), a chassis, and/or a card backing layer.

PATENT: Systems, apparatus and methods for mobile companion prepaid card; US 9,978,059 B2; 5/22/2018; CPC G06Q 20/36; 12 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: Methods and systems for a mobile companion prepaid card purchase transaction. In an embodiment, a process includes a wallet provider computer receiving, via an application program interface (API) Web request from an issuer financial institution (FI) processor, mobile companion prepaid card data and purchase transaction data and then verifying the availability of funds in a mobile wallet prepaid card account.

PATENT: Mobile secure element based shared cardholder verification; US 9,978,060 B2; 5/22/2018; CPC G06Q 20/3672; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: In a payment-enabled smartphone, a shared cardholder verification method (CVM) applet serves a number of mobile payment cardlets. The shared CVM applet validates CVM information input by a user of the smartphone and in response issues a CVM token. The CVM token is passed to a particular one of the mobile payment cardlets that is selected for a current transaction. The selected mobile payment cardlet submits the CVM token back to the shared CVM applet for verification. Upon verifying the CVM token, the shared CVM applet enables the selected mobile payment cardlet to perform the current transaction.

PATENT: Mobile tokenization hub; US 9,978,062 B2; 5/22/2018; CPC G06Q 20/3821; 11 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the present invention relate to systems and methods for implementing a mobile tokenization hub with a common tokenization capabilities (CTC) module that may provide tokenization for various entities in various contexts. For example, the CTC module can provide and store tokens for mobile payment transactions, transit transactions, digital wallet applications, merchant point of sale (POS) applications, personalization services, and the like.

PATENT: Direct connection systems and methods; US 9,978,063 B2; 5/22/2018; CPC G06Q 20/40; 20 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the invention are directed to passing a plurality of communications directly from a merchant to a payment processing network. A first communication may include payment information in an authorization request, while a second transaction may include non-payment transaction data. The communications may be linked with a transaction identifier. In other embodiments, a capture file process is disclosed where capture files are generated by the payment processing network, and transactions are subsequently cleared and settled.

PATENT: Hosted thin-client interface in a payment authorization system; US 9,978,064 B2; 5/22/2018; CPC G06Q 20/40145; 10 claims; assigned to Visa International Service Association.

SUMMARY: In certain embodiments, a singular-entity hosted server solution can be used to carry out banking services (e.g., or business correspondents, merchants, etc.) and value added services (e.g., ticket booking, merchant payment, etc.) that typical point-of-service (POS) devices cannot support. The system and methods described herein utilize existing infrastructure around payments and maximize the payment infrastructure as a shared resource.

PATENT: Voice filter system; US 9,978,065 B2; 5/22/2018; CPC G06Q 20/40145; 16 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the invention are directed to systems and methods for voice filtering. In some embodiments, an original voice segment from a user may be received. The received original voice segment may be modified using a first predetermined algorithm. The modified voice segment may be sent to an authentication server. At the authentication server, the modified voice segment may be reconstructed into the original voice segment using a second predetermined algorithm. The user may be authenticated for a transaction based at least in part on the reconstructed original voice segment.

PATENT: Personalized interactive network with multiple channels coupled to integrated knowledge management system; US 9,978,089 B2; 5/22/2018; CPC G06Q 30/0613; 15 claims; assigned to JPMorgan Chase, N.A.

ABSTRACT: Systems and methods provide for personalizing interaction between a provider using a integrated knowledge management (KM) system that tracks data exchanged between users and the provider over multiple communication channels. User requests to a provider can made via multiple different incoming channels, such as by using ATMs, PDAs, cell phones, computers accessing web sites or other Web Devices, Voice Response Units (VRUs), and others. User requests submitted over these multiple channels are routed into an integrated KM system that services these requests and selects personalized offers and/or personalized content and/or personalized format presentation to be provided to the users.

PATENT: Tokenization revocation list; US 9,978,094 B2; 5/22/2018; CPC G06Q 30/0637; 23 claims; assigned to Visa International Service Association.

ABSTRACT: A method for providing a token revocation list is disclosed. The method includes maintaining a status for each of a plurality of tokens in a token revocation database. Token validation requests are received, and the statuses of payment tokens can be determined. Response messages with the statuses of the payment tokens are then sent to token status requesters so that they may make decisions on whether or not to use them to process transactions.

PATENT: System and method for providing purchase history to an account holder; US 9,978,099 B2; 5/22/2018; CPC G06Q 40/02; 11 claims; assigned to Capital One Financial Corporation.

ABSTRACT: The system and methods provide an account holder with a mobile spend feed. The systems and methods include a database that stores information associated with at least one previous financial transaction performed via a financial account held by the account holder, a transaction processor that receives transaction data associated with a financial transaction performed by the account holder using the financial account, and stores the transaction data in the database, and a purchase history processor creates a spend feed based at least in part on the transaction data and the previous transaction information, and provides the spend feed to the account holder.

PATENT: Method and system for integrating trade executions among multiple market participant types; US 9,978,101 B1; 5/22/2018; CPC G06Q 40/04; 27 claims; assigned to Charles Schwab & Co.

ABSTRACT: The present invention disclosed herein comprises a computer based system and method for integrating trade executions among multiple market participant types. The system and method of the present invention provide the investor with a user environment that includes information about stocks and that allows the investor to execute trades. The system and method of the present invention also provide the investor with access to multiple trade execution locations including multiple market participant types. In addition, the system and method of the present invention allow the investor to select a particular trade execution location of a particular market participant type for an order or the selection of the trade execution location and market participant type may be automated.

PATENT: Apparatus and method for trade aggregation of trade allocations and settlements; US 9,978,102 B2; 5/22/2018; CPC G06Q 40/04; 6 claims; assigned to ITG Software Solutions, Inc.

ABSTRACT EXCERPT: A post-trade aggregation system includes an allocation middleware interface, which interacts with data interface to allocate and settle trades. An order management system receives a trade order on behalf of a customer and causes apportionment of the trade into a plurality of smaller orders to be transmitted to a plurality of order destinations directly (e.g. via the FIX protocol).

PATENT: Method and apparatus for portfolio trading using margin; US 9,978,103 B2; 5/22/2018; CPC G06Q 40/06; 12 claims; assigned to Foliofn, Inc.

SUMMARY: The invention provides an interface to an automated portfolio manager system that enables an investor or portfolio manager to quickly adjust the underlying risk of the entire portfolio without incurring any tax liability. According to one aspect of the present invention, the user interface enables the user to adjust the risk (e.g., beta) of a portfolio of investments without adding or deleting investments from the portfolio by purchasing more or less of the entire portfolio on margin, thereby increasing or decreasing the riskiness of the portfolio.

PATENT: System and method for displaying and analyzing financial correlation data; US 9,978,104 B2; 5/22/2018; CPC G06Q 40/06; 33 claims; assigned to The Capital Group Companies.

SUMMARY: Embodiments of the present invention are directed toward systems and methods of displaying and analyzing financial correlation data. Further embodiments are directed toward displaying financial correlation data of large numbers of assets in meaningful graphical depictions that reduce the underlying complexity of the numerous interrelationships, thus making them significantly simpler to appreciate. Still further embodiments are directed to analyzing the displayed correlation data (for example, measuring overall portfolio concentration).

PATENT: Fraud detection system automatic rule population engine; US 9,971,992 B2; 5/15/2018; CPC G06Q 10/10; 20 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the invention are directed to a fraud detection system that stores fraud detection rules and merchant profiles. The fraud detection system allows a user to designate fraud detection rules as core fraud detection rules, and the fraud detection system can automatically populate new merchant profiles with the user's core fraud detection rules.

PATENT: Transaction storing and forwarding; US 9,971,997 B2; 5/15/2018; CPC G06Q 20/10; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: After loss of communications between a cash handling device and a financial institution, transactions may continue to be processed. In one configuration, the transactions may be processed up to a predefined transaction limit. Transaction limits may be defined by a number of transactions, a dollar amount transacted or to be transacted, an amount of time and/or combinations thereof. Additionally or alternatively, the transaction limit may be specific to one or more types of transactions. Transaction data may be stored in memory until communication has been re-established, at which time the data may be transmitted to the financial institution for processing.

Frip: “Additionally or alternatively.” Now that’s hedging one’s bets.

PATENT: Merchant category code (“MCC”) based acceptance cost recovery; US 9,972,001 B2; 5/15/2018; CPC G06Q 20/0855; 18 claims; assigned to Bank of America Corporation.

ABSTRACT: Apparatus and methods for recovering a transaction cost are provided. The transaction cost may be a cost associated with a transaction. The transaction may be associated with one or more transaction attributes. Each transaction attribute may correspond to a value. The transaction may involve an acceptance of a payment instrument by a merchant. The transaction may involve a credit, debit, prepaid, automated clearing house, or any suitable payment method involving the transfer of funds from one participant to another. The transaction may be a transaction in any state of completion. The transaction may be a prospective transaction. The prospective transaction may include an ability of the merchant to accept the payment instrument as a form of payment for a product. The prospective transaction may include the customer presenting the payment instrument to pay for the product.

PATENT: Cloud-based transactions methods and systems; US 9,972,005 B2; 5/15/2018; CPC G06Q 20/327; 24 claims; assigned to Visa International Service Association.

ABSTRACT: Techniques for enhancing the security of a communication device when conducting a transaction using the communication device may include using a limited-use key (LUK) to generate a transaction cryptogram, and sending a token instead of a real account identifier and the transaction cryptogram to an access device to conduct the transaction. The LUK may be associated with a set of one or more limited-use thresholds that limits usage of the LUK, and the transaction can be authorized based on at least whether usage of the LUK has exceeded the set of one or more limited-use thresholds.

PATENT: Provisioning account numbers and cryptographic tokens; US 9,972,009 B2; 5/15/2018; CPC G06Q 20/401; 34 claims; assigned to Square, Inc.

CLAIM 1 PREAMBLE: A computer-implemented method of generating payment account numbers for individual user accounts.

PATENT: Systems and methods for monitoring authentication of transactions to payment networks; US 9,972,011 B2; 5/15/2018; CPC G06Q 20/405; 20 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure generally relates to systems and methods for monitoring authentication of transactions to payment networks, and in particular, to monitoring messaging involved in consumer authentication for transactions, and specifically, virtual store-front transactions.

PATENT: Interoperable mobile wallet refund; US 9,972,012 B1; 5/15/2018; CPC G06Q 20/407; 11 claims; assigned to Wells Fargo Bank. N.A.

SUMMARY: The present disclosure relates generally to the field of systems that use mobile devices to transfer funds. More specifically, the present disclosure relates to systems and methods for enabling individuals to use their electronic devices to transfer funds, purchase products, receive refunds and services.

PATENT: Internet site authentication with payments authorization data; US 9,972,013 B2; 5/15/2018; CPC G06Q 20/409; 21 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to methods and systems for identification by a payment cardholder of phishing and/or deceptive Websites. In particular, in the methods and systems of this disclosure, a payment cardholder uses a proxy interaction to determine whether a merchant Website is registered with a payment card network.

PATENT: Systems and methods to rank and select triggers for real-time offers; US 9,972,021 B2; 5/15/2018; CPC G06Q 30/02; 13 claims; assigned to Visa International Service Association.

ABSTRACT: In one aspect, a computing apparatus is configured to receive an input specifying a set of users, identify a set of triggers, each of which corresponds to a set of one or more conditions which when satisfied cause transmission of a message to the set of users, rank the triggers based at least in part on transaction data of the users that was recorded by a transaction handler, and generate a ranked list of the triggers based on the ranking.

PATENT: System and method for device valuation; US 9,972,035 B2; 5/15/2018; CPC G06Q 30/0283; 20 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: Described herein is a platform and method for providing a device valuation for an electronic device based on parameter values of the electronic device. The method may comprise obtaining a model information of the electronic device and identifying a base value of the electronic device. In some embodiments, a device specific performance evaluation may be executed on a hardware component contained with the electronic device.

PATENT: Systems and methods for performing a purchase transaction using rewards points; US 9,972,047 B1; 5/15/2018; CPC G06Q 40/00; 22 claims; assigned to Capital One Services, LLC.

ABSTRACT: A system and method for performing a purchase transaction using rewards points by receiving a purchase request using a financial account with associated account information, determining based on the account information that the financial account is associated with a rewards program with rewards points, and providing the option to pay for the purchase using the financial account or at least a portion of the rewards points. The purchase may be paid for using rewards points from multiple rewards programs and/or multiple financial accounts.

PATENT: System and method for performing automatic spread trading; US 9,972,049 B2; 5/15/2018; CPC G06Q 40/04; 11 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.

PATENT: System and method for displaying profit related information in an electronic trading environment; US 9,972,050 B2; 5/15/2018; CPC G06Q 40/04; 11 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: A system and method for displaying a plurality of profit and risk related indicators are described. A graphical interface displays and dynamically updates a plurality of profit/loss (P/L) indicators including a realized, net, and open indicator. The net and open indicators are based on a trader's net position and a current market level, while the realized indicator is based on trader's buys and sells associated with a tradeable object.

PATENT: System for sharing retirement scores between social groups of customers; US 9,972,051 B2; 5/15/2018; CPC G06Q 40/06; 17 claims; assigned to Bank of America Corporation.

CLAIM 1 PREAMBLE: A system for creating social network group membership for a user based on a projected retirement score of the user.

PATENT: Adaptive and customizable account interface system and method; US 9,972,052 B2; 5/15/2018; CPC G06Q 40/06; 11 claims; assigned to JP Morgan Chase Bank, N.A.

ABSTRACT EXCERPT: The invention is directed to a method and system for providing an interface including modular customizable elements for implementation by a system user. The method and system have particular application for financial accounts, such as credit card accounts. The interface may adapt in response to user behaviors. However, the user may also customize features of the interface. Thus, a behavioral monitoring and analysis system is provided for monitoring account holder spending behaviors and analyzing the spending behaviors. Account holder customization tools may be presented to the account holders through a user interface.

PATENT: Geolocation check-in system; US 9,965,729 B2; 5/8/2018; CPC G06Q 10/02; 14 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods and computer program products for providing a geolocation check-in system. An exemplary apparatus is configured to collect positioning data related to a user. After collecting position data the apparatus may be configure to determine, based at least partially on the positioning data that the user has crossed a threshold of a geofence associated with a merchant's location. Based at least partially on this determination the apparatus may be configured to initiate a merchant check-in associated with the user and transmit user information to the merchant.

Frip: So, that’s what our futures are? Geofences?

PATENT: Automated systems for reducing computational loads in the mass execution of analytical models using scale-out computing; US 9,965,741 B2; 5/8/2018; CPC G06Q 10/08; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: Disclosed embodiments provide systems and techniques for mass execution of analytical models across multiple dimensions of client, collateral, deal structure, third party, and other data relevant to predicting optimal decisions in real-time. In some embodiments, disclosed systems and techniques increase decisioning speed through the reduction of computational loads on disclosed decisioning systems.

PATENT: Notification system and method; US 9,965,750 B1; 5/8/2018; CPC G06Q 20/10; 16 claims; assigned to Island Intellectual Property, LLC.

SUMMARY: The field of the invention generally relates to various technological improvements in systems, methods, and program products used in cash sweep systems, such as deposit sweep systems. In embodiments, the invention relates generally to new technological mechanisms to communicate with account holders so that such account holders can control the depository or other destination institutions in which funds are being allocated or held.

PATENT: Mobile device multi-feed scanner; US 9,965,751 B2; 5/8/2018; CPC G06Q 20/108; 14 claims; assigned to Capital One Services, LLC.

ABSTRACT: An imaging device provides a mobile device multi-feed scanner, which may utilize remote data capture for multi-sheet feed scanning by using mirrors to form a reflective path allowing the viewing of the reverse side of the check on a platform to capture the check image on a mobile device. A camera on the mobile device may either sequentially or simultaneously capture a picture of both the front and back sides of the check. The platform may include a transparent portion, which may be adjacent to a stage portion. The first and second mirrors may be positioned such as to allow imaging of a reverse side of an object through the transparent portion of the platform while the object rests on the stage portion.

PATENT: Methods and arrangements for smartphone payments; US 9,965,756 B2; 5/8/2018; CPC G06Q 20/227; 16 claims; assigned to Digimarc Corporation.

ABSTRACT EXCERPT: To make a payment, a smartphone presents artwork for a payment card (e.g., a Visa card) that has been selected by a user from a virtual wallet of such cards. Encoded in the displayed artwork is payment information that has been encrypted with a context-dependent session key. A cooperating system (e.g., a retailer's point of sale system) uses a camera to capture an image of the artwork, and independently creates the session key from its own context sensor(s), enabling decryption of the payment information.

PATENT: Troubleshooting transactions in a network environment; US 9,965,758 B2; 5/8/2018; CPC G06Q 20/382; 20 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: In one embodiment, a system for troubleshooting transactions in a network environment includes an interface that may receive a transaction report from each of a number of network devices used to process a transaction. Each transaction report may include a status code field indicating a status of the transaction at each of the plurality of network devices. The system may also include a processor communicatively coupled to the interface. The processor may generate a transaction flow report that links each of the received transaction reports associated with the transaction.

PATENT: Obfuscating private information using a transaction identifier; US 9,965,759 B2; 5/8/2018; CPC G06Q 20/383; 11 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: A network interface receives transaction information. A processor determines private information and public information from the received transaction information. The network interface communicates the private information to an obfuscation engine, and receives obfuscated private information. The processor then merges the obfuscated private information with the public information to create a temporary identifier, and then converts the temporary identifier into a transaction identifier.

PATENT: Combicard transaction method and system having an application parameter update mechanism; US 9,965,762 B2; 5/8/2018; CPC G06Q 20/401; 20 claims; assigned to MasterCard International Incorporated.

SUMMARY: Embodiments of the present invention generally relate to a system and method for performing transactions with an integrated circuit card or smartcard with multiple applications thereon (such as a combicard or combocard) and more particularly relates to a system and method for updating parameters of an application such as deblocking a dormant application on such an integrated circuit card or smartcard.

PATENT: System and method for generating user customized order interface; US 9,965,797 B1; 5/8/2018; CPC G06Q 30/0633; 26 claims; assigned to Capital One Services, LLC.

SUMMARY: The present disclosure relates to systems and methods for generating a user customized order interface that provides a smart shopping experience, which displays a customer's previous orders and corresponding specific order information and order recommendations, that may be utilized for ordering and payment.

PATENT: Systems and methods for virtual fittings; US 9,965,801 B1; 5/8/2018; CPC G06Q 30/0643; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT: A system includes one or more memory devices storing instructions, and one or more processors configured to execute the instructions to perform steps of a method. The system may provide a virtual fitting system. The system may store sizing data including a 3-dimensional model of a target. The system may then receive user input data indicating the selection of a test object. In response to this identification, the system may receive a 3-dimensional model of the test object. The system can then apply the test object model to the target model to create a virtual fit model, and provide the virtual fit model to the computing device.

PATENT: Principal guaranteed savings and investment system and method; US 9,965,806 B2; 5/8/2018; CPC G06Q 40/08; 21 claims; assigned to Venture Hedge Technologies PBC.

SUMMARY: The present invention relates generally to the field of investments, inclusive of investing in all asset classes, and in particular to investing in hedge funds, without risking financial principal. The primary focus of the invention is to provide a method for investing in riskier assets while guaranteeing investment principal. The invention establishes principal guaranteed investments, which include, but are not limited to, hedge funds, private equity, venture capital, real estate, indices, philanthropy and investments related to all asset classes.

PATENT: Systems for generating graphical user interfaces for facilitating an insurance marketplace for negotiations among brokers and insurance carriers; US 9,965,807 B1; 5/8/2018; CPC G06Q 40/08; 21 claims; assigned to RiskMatch, Inc.

ABSTRACT: Methods are disclosed for providing leads for insurance market participants. A method may include a broker providing for consideration, their clients' insurance risk to be considered by multiple insurance capital providers. The broker can be provided with potential carrier matches based on analysis of broker and carrier insurance preferences, and previous transactions. Similarly, methods may include carriers disclosing their risk appetites, in the form of insurance products and services for consideration. The carrier may also be provided with potential broker and/or client matches based on analysis of the broker and carrier insurance preferences and previous transactions. Systems and apparatuses are also disclosed to implement the disclosed methods.

PATENT: Systems and methods for projecting and managing cash-in flow for financial accounts; US 9,965,808 B1; 5/8/2018; CPC G06Q 40/12; 19 claims; assigned to The PNC Financial Services Group, Inc.

SUMMARY: The present disclosure is generally directed towards systems, methods and user interfaces for network-type banking and, more particularly, toward systems, methods and user interfaces for managing cash flow for financial accounts associated with entities such as companies or organizations using in part a financial transaction processing system or network as a part thereof.

PATENT: Open tab transactions; US 9,959,529 B1; 5/1/2018; CPC G06Q 20/102; 27 claims; assigned to Square, Inc.

ABSTRACT: A customer device generates an order for purchasing one or more goods or services from a merchant. A list of the purchased items is stored in a data structure designated as a tab. The list is routed to a merchant device. The customer device is carried by a user to the merchant. When the user reaches the merchant, the customer device or merchant device can receive a request to add an additional item to the list of purchased items. The tab remains open and modifiable until the customer device or merchant device receives an input to close it. Payment for the goods or services listed in the modified tab is processed upon closing of the tab.

PATENT: Multi-directional wallet connector apparatuses, methods and systems; US 9,959,531 B2; 5/1/2018; CPC G06Q 20/105; 9 claims; assigned to Visa International Service Corporation.

ABSTRACT:  The invention facilitates the enrollment of payment accounts in a consumer's virtual wallet. The consumer may be logged into their payment account issuer's web site and designate one or more payment accounts for enrollment in a virtual wallet. The issuer may then share account, billing and/or other relevant information with the virtual wallet provider to facilitate the enrollment of the designated payment accounts in the virtual wallet. The inventon may also be configured to facilitate the creation and funding of pre-paid accounts in a consumer's virtual wallet.

PATENT: Security authentication using payment card display devices at accepted merchant locations; US 9,959,540 B2; 5/1/2018; CPC G06Q 20/405; 20 claims; assigned to PayPal, Inc.

ABSTRACT: There are provided systems and methods for security authentication using payment card display devices at accepted merchant location. A user may be walking near or visiting a merchant location with a wireless smart payment card which may connect to a wireless beacon at the merchant location. The user's payment card may communicate issuer and type of payment card data when connected with the wireless beacon. The beacon may communicate the user's payment card data to a merchant device or server. The merchant device or server may compare user's payment card data to merchant's accepted payment sources. The merchant device or server may alert user's payment card via communication through the wireless beacon, the payment card is accepted at the merchant location. Additionally, security identification and/or advertisements may be communicated to the user's accepted payment card.

Frip: They are following your every move.

PATENT: Wireless devices for storing a financial account card and methods for storing card data in a wireless device; US 9,959,541 B2; 5/1/2018; CPC G06Q 20/405; 28 claims; assigned to Capital One Financial Corporation.

ABSTRACT: A wireless device is enabled to receive a financial account card that is inserted into a card slot of the wireless device. The wireless device reads card data from the financial account card when it is inserted into the slot and programs an RFID (radio frequency identification) tag or a memory included in the wireless device. The wireless device may then be used to provide payment by transmitting the card data via radio frequency to a nearby RFID reader using the RFID tag. The financial account card may also be ejected from the wireless device and swiped by a magnetic card reader.

PATENT: Coordinated processing of data by networked computing resources; US 9,959,572 B2; 5/1/2018; CPC G06Q 40/04; 15 claims; assigned to Royal Bank of Canada.

ABSTRACT: Systems, methods, and computer-readable media for coordinating processing of data by multiple networked computing resources include monitoring data associated with a plurality of networked computing resources, and coordinating the routing of data processing segments to the networked computing resources.

PATENT: Systems and methods for trading with market depth information; US 9,959,573 B2; 5/1/2018; CPC G06Q 40/06; 31 claims; assigned to Fidessa PLC.

ABSTRACT: Techniques for displaying market depth information for a financial instrument including a plurality of bid and ask order metrics at corresponding prices of the market instrument and associated time information. A graphical representation of the market depth information, with axes corresponding to time and price, is aligned with color gradients corresponding to one or more metrics including, for example, bid and ask order volume, order count, or order consideration, generated based on the market depth information. The graphical representation of the market depth information and the color gradients are displayed using a display device.

PATENT: Risk assessment; US 9,959,574 B2; 5/1/2018; CPC G06Q 40/08; 13 claims; assigned to Cinnober Financial Technology AB (SE),

ABSTRACT: A clearing system comprising: a database for storing a plurality of accounts; and a risk manager for carrying out a risk assessment for a group of accounts comprising one or more accounts of said plurality of accounts; said risk manager being configured to update a risk assessment for a group of accounts each time the clearing system receives information about a new event affecting at least one account of said group of accounts. The event may be a new trade. The trade may be reported to the clearing system as soon as it has been settled.

PATENT: Multi-purpose device having multiple certificates including member certificate; US 9,959,576 B2; 5/1/2018; CPC G06Q 40/08; 22 claims; assigned to Visa International Service Corporation.

ABSTRACT: Embodiments of the invention relate to systems and methods for provisioning and using a multi-purpose device. The device contains information regarding a plurality of memberships. The device contains one or more membership certificate chains, comprising multiple certificates, wherein a membership provider certificate is signed by a private key associated with a membership root certificate authority, and wherein a member certificate is signed by a private key associated with the membership provider certificate. The member certificate includes member attributes regarding the user, such as member benefit information. The device also includes a payment certificate chain, comprising multiple certificates, wherein a payment provider certificate is signed by a private key associated with a payment root certificate authority, and wherein a payment certificate is signed by a private key associated with the payment provider certificate. The payment certificate includes payment attributes regarding the user, such as a payment account.

PATENT: Third party integrated security system; US 9,953,309 B2; 4/24/2018; CPC G06Q 20/3223; 16 claims; assigned to Visa International Service Association.

ABSTRACT: A third party payment system is provided which allows a user to conduct transactions through payment accounts stored on the third party payment system. The user can enroll in the third party payment system and create an account with registered payment accounts. The user can access the payment accounts via a mobile device and load the payment data associated with a payment account to the mobile device. The user can then utilize the mobile device to provide payment during a transaction.

PATENT: Systems and method for providing multiple virtual secure elements in a single physical secure element of a mobile device; US 9,953,310 B2; 4/24/2018; CPC G06Q 20/3227; 15 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure is directed to a method and system providing technical solutions for providing multiple virtual secure elements (virtual SEs) in a single physical secure element (SE) of a mobile device and using the virtual SEs to enable use of multiple payment accounts for electronic payments from the mobile device using in part a financial transaction card processing system or network as a part thereof.

Frip: Do people do cash anymore?

PATENT: Systems and methods for incorporating QR codes; US 9,953,311 B2; 4/24/2018; CPC G06Q 20/3276; 20 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: A first machine readable code encoding first data generated by an access device is scanned by a communication device. The communication device generates a cryptogram based on the first data encoded within the first machine readable code. The communication device then obtains financial credentials data from a payment application being executed on the communication device. A second machine readable code encoding second data comprising the financial credentials data and the cryptogram is then generated. The second machine readable code is displayed on a display of the communication device, wherein the second machine readable code is scanned by the access device.

PATENT: Method and system for generating an advanced storage key in a mobile device without secure elements; US 9,953,315 B2; 4/24/2018; CPC G06Q 20/3821; 20 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to the generation of an advanced storage key for use in a mobile device without a requiring secure element, and more specifically the use of multiple values to build an advanced storage key in a mobile device without a secure element for use in the secure storage of data in the mobile device.

PATENT: Card fraud detection utilizing real-time identification of merchant test sites; US 9,953,321 B2; 4/24/2018; CPC G06Q 20/4016; 20 claims; assigned to Fair Isaac Corporation.

ABSTRACT EXCERPT: A system and method for detecting a test event involving a financial transaction device at a merchant having a merchant profile is disclosed. The method includes receiving data associated with a transaction involving a financial transaction device; calculating a score using at least the transaction data; comparing the score to a threshold value; and attaching a merchant probe flag to the merchant profile if the score exceeds the threshold value. The merchant probe flag indicates a likelihood that a test event has occurred at the merchant based on the score.

PATENT: Alert optimization system and method; US 9,953,326 B2; 4/24/2018; CPC G06Q 20/42; 27 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: Systems and methods are disclosed for providing alerts to one or more customers at an optimized time and communication channel based on at least customer preferences, transactions, activities, usage patterns, and other information; and for allowing customers to directly respond and communicate feedback to alerts that are provided to complete various account actions, including to "snooze" one or more alerts.

PATENT: Systems and methods for use of transaction data for customers; US 9,953,333 B1; 4/24/2018; CPC G06Q 30/0203; 19 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: The invention provides a system and method for using transaction data to provide information to a customer, the information being provided in response to a request from the customer so as to assist the customer in decisioning. The method may comprising inputting transaction data regarding a plurality of transactions effected at a plurality of merchants; inputting a request for information from a requesting customer, the request including parameters related to the request; performing processing based on both the transaction data and the request for information, the processing including generating a response to the request; and outputting the response to the requesting customer.

PATENT: Electronic coupon issuance and redemption apparatuses, methods and systems; US 9,953,334 B2; 4/24/2018; CPC G06Q 30/0207; 12 claims; assigned to Visa International Service Association.

SUMMAARY: The claimed invention transforms user coupon purchase and redemption request inputs into coupon issuance, transaction, and analytics outputs, and more.

PATENT: Third party merchant-funded rewards accrual and redemption network; US 9,953,352 B2; 4/24/2018; CPC G06Q 30/04; 18 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: The system receives information about a transaction made using a payment device and determines whether the payment device is enrolled in the rewards program. If the payment device is enrolled in the rewards program, the system determines if the transaction qualifies for a reward. If the transaction qualifies for the reward, the system determines a rewards value for the transaction. Thereafter, the system determines a prepaid payment token associated with the payment device and instructs an issuer of the prepaid payment token to load the rewards value onto the prepaid payment token.

PATENT: Systems and methods for providing balance and event notifications; US 9,953,367 B2; 4/24/2018; CPC G06Q 40/02; 28 claims; assigned to The Toronto-Dominion Bank.

ABSTRACT: The disclosed embodiments include, for example, a device including a memory storing software instructions and one or more processors configured to execute the software instructions to perform operations. In one aspect, the operations may include obtaining information identifying an event and a deadline specified by a user. The obtained information may link the event and deadline to corresponding user-specified temporal intervals. The operations may also include determining whether a current date falls within a time period prior to the deadline, the time period being established by the first temporal interval. When the current date falls within the time period, the operations may generate first notification information that, when presented via a client device in accordance with a user-specified indicator type, notified the user that the current sate falls within the first time period.

PATENT: Embedded hardware based system which provides real-time pre-trade risk assessments for multiple parties and method thereof; US 9,953,368 B2; 4/24/2018; CPC G06Q 40/14; 75 claims; assigned to Fixnetix, LTD.

ABSTRACT: A risk assessment system and method are provided that may be implemented as an embedded hardware based system and method that provide real-time pre-trade risk assessments for multiple parties, in addition to real-time market data and trading connectivity to a variety of liquidity venues. The liquidity venues may include regulated exchanges, ECNs and other financial institutions listing securities, options, futures, commodities, foreign exchange and other financial instruments.

PATENT: Systems and methods to enhance search data with transaction based data; US 9,953,373 B2; 4/24/2018; CPC G06Q 40/12; 20 claims; assigned to Visa U.S.A Inc.

ABSTRACT: Provided is a system, method, and apparatus for enhancing search data using a search engine and a transaction handler. The method includes processing, by a transaction handler, a plurality of transactions initiated at a plurality of user terminals associated with a plurality of users, receiving a request to retrieve search statistics, the request identifying at least one search term, identifying a set of search statistics based on the at least one search term identified in the request, generating a set of transaction statistics corresponding to the set of search statistics based on the transaction data, the set of transaction statistics relating the searches performed by the user terminals to an impact on transactions, correlating the set of search statistics to the set of transaction statistics, and juxtaposing the set of search statistics with the set of transaction statistics to generate a response to the request from the user.

PATENT: Social checkout widget generation and integration apparatuses, methods and systems; US 9,953,378 B2; 4/24/2018; CPC G06Q 50/01; 19 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: The claimed invention transforms developer credentials, codes and parameter inputs into buy widgets, payment acceptance and purchase transaction outputs. In one embodiment, the system may facilitate obtaining a plurality of authentication parameters and widget customization parameters. The system may authenticate a user using a parameter derived from the plurality of authentication parameters and may dynamically generate a purchase widget for the authenticated user using the plurality of widget customization parameters.

PATENT: System and method for sharing investment information via a social network; US 9,953,381 B1; 4/24/2018; CPC G06Q 50/01; 18 claims; assigned to Charles Schwab & Co., Inc.

ABSTRACT: A system and method allows users to share watchlists with other users of a group such as that established on a social network server, and receives and displays other related information.

PATENT: Method and system for allocating deposits over a plurality of depository institutions; US 9,946,997 B1; 4/17/2018; CPC G06Q 20/10; 18 claims; assigned to Island Intellectual Property LLC.

ABSTRACT: Computer system, computer-implemented method, and program product for managing transactions that include administering clients' deposits to and withdrawals from client transaction accounts; determining a client available deposit amount, D.sub.i, determining, for D.sub.i, a value of N.sub.i banks for the respective client transaction account, wherein N.sub.i is a whole number and (X) times (N.sub.i) is equal to or less than 100, where X is a distribution percent value to be distributed to each of the N.sub.i banks; allocating, the percentage, X, multiplied by the client deposit amount, D.sub.i, calculating, for the banks a respective net deposit amount; generating instructions to transfer funds; and updating.

Frip: If this ain’t an abstraction in the Alice sense, Frip don’t know what is.

PATENT: System and method for electronic deposit of a financial instrument by banking customers from remote locations by use of a digital image; US 9,946,998 B1; 4/17/2018; CPC G06Q 20/108; 17 claims; assigned to JPMorgan Chase Bank, N.A.

SUMMARY: The invention relates generally to a system and method for initiating a deposit transaction, where the depositor is a banking customer located at a remote location, where the item is to be deposited without physical transport of the item to a bank and where the item to be deposited is a financial instrument, e.g. a paper check, from a third party (i.e., other than the bank customer or the paying bank), payable to the depositor, where the banking customer has or creates a digital image of the financial instrument.

PATENT: System and method for using multiple payment accounts using a single payment device; US 9,947,001 B2; 4/17/2018; CPC G06Q 20/363; 30 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to the use of multiple payment accounts for financial transactions via a single payment device, specifically the generating and transmitting of repersonalization scripts to a payment device for repersonalizing the device to utilize an associated payment account. The system involves the use of cryptographic personal account numbers (CPAN) and device personal account numbers (DPAN).

PATENT: Systems and methods for using gestures in financial transactions on mobile devices; US 9,947,003 B2; 4/17/2018; CPC G06Q 20/3221; 11 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A computer-implemented method for providing cardholder account information in response to gestures at a mobile computing device to facilitate a payment transaction is implemented by a mobile computing device coupled to a memory. The method includes receiving a first haptic gesture associated with a financial transaction, providing a plurality of payment method options retrieved from a data repository based upon the first haptic gesture, receiving a second haptic gesture comprising a payment method selection selected from the plurality of payment method options, and providing a plurality of cardholder account information for the financial transaction, the plurality of cardholder account information provided based at least in part on the payment method selection.

PATENT: Methods for risk management in payment-enabled mobile device; US 9,947,006 B2; 4/17/2018; CPC G06Q 20/3278; 17 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A payment-enabled mobile device receives, during a first tap of the mobile device on a proximity reader component of a point of sale (POS) terminal, first transaction context data for a current transaction, and receives during a second tap of the mobile device on the proximity reader component, second transaction context data for the current transaction. When the mobile device determines that the second tap is for the same transaction as the first tap, and that one of a customer verification method (CVM) status or a user acknowledgment status flag has been set, then it transmits a payment card account number to the POS terminal to consummate the transaction.

PATENT: Methods and systems for payments assurance; US 9,947,010 B2; 4/17/2018; CPC G06Q 20/401; 17 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: In some embodiments, a Proxy Service Manager Server computer receives a consumer authentication request from a merchant device, and transmits that request to an Authentication Service Manager Server computer. The Proxy Service Manager Server computer then receives a non-repudiable accountholder authentication value ("AAV") token, generates a payment authorization request that includes the AAV token, and transmits the payment authorization request to an Acquirer financial institution (FI) Server computer.

PATENT: Systems and methods to provide intelligent analytics to cardholders and merchants; US 9,947,020 B2; 4/17/2018; CPC G06Q 30/0201; 20 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: In one aspect, a computing apparatus includes: a transaction handler to process transactions, a data warehouse to store transaction data recording the transactions processed by the transaction handler, a portal coupled with the data warehouse to receive one or more parameters as an input and to provide spending activity information for presentation as a response to the input, and an analytics engine coupled with the portal and the data warehouse to analyze spending activities of a user based on the transaction data and the one or more parameters to generate the spending activity information regarding transactions in a plurality of accounts of the user.

PATENT: Improper financial activity detection tool; US 9,947,044 B2; 4/17/2018; CPC G06Q 40/00; 19 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: An illustrative method for identifying information associated with a ring of individuals performing improper financial activities may include combining a list of user identifiers with one or more attributes tables corresponding to the financial transactions. A computer device may analyze a first list of identifiers in relation to an attribute table, where the identifiers may be associated with one or more suspected improper financial activities and the attribute table may include attributes of one or more financial transactions performed over a specified duration.

PATENT: System and method for event driven virtual workspace; US 9,947,047 B2; 4/17/2018; CPC G06Q 40/04; 24 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: According to one example method, a trader can define a plurality of windows to be associated with a virtual workspace. Also, the trader could define one or more triggering events, the combination of which may be used to activate the virtual workspace. In such an embodiment, when the system detects the one or more triggers, the system can attempt to activate the virtual workspace. According to the example method, the trader may place a number of limiting conditions before any states of the currently displayed windows are modified such that the triggered virtual workspace could be displayed. If no limiting conditions are detected, the system can display the triggered virtual workspace.

PATENT: Apparatus and methods for implementing changed monitoring conditions and/or requirements using dynamically-modifiable control logic; US 9,947,048 B2; 4/17/2018; CPC G06Q 40/04; 11 claims; assigned to Nasdaq Technology AB (SE).

ABSTRACT: The technology performs obligations fulfillment monitoring. An input data stream of data messages is received including transaction data and reference data, obligation control logic, and a set of obligation parameters associated with the obligation control logic. An event data processor processes the input data stream using a current version of the obligation control logic and the set of obligation parameters. Subsequently, the event processor receives information to implement and execute obligation control logic that is dynamically-modified and different from the current version of the obligation control logic. The event processor generates and outputs an obligation fulfillment message based on the dynamically-modified obligation logic and transmits to an interested entity.

PATENT: Methods and apparatus to calculate and present transaction adjusted values; US 9,947,049 B2; 4/17/2018; CPC G06Q 40/04; 12 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: An example method includes defining an order related to a tradeable object listed on an electronic exchange, wherein the order is associated with a user; determining whether the user qualifies for a pricing incentive that rewards trading activity meeting a threshold; when the user qualifies for the pricing incentive, calculating a transaction adjusted value of the order at respective ones of a plurality of price levels of a trading interface, wherein the pricing incentive is factored into the calculation of the transaction adjusted value for a first one of the price levels, and the pricing incentive is not factored into the calculation of the transaction adjusted value of a second one of the price levels; and displaying ones of the transaction adjusted values in a value axis of the trading interface in connection with respective ones of the plurality of price levels.

PATENT: Systems and methods for point of sale deposits; US 9,940,609 B2; 4/10/2018; CPC G06Q 20/108; 20 claims; assigned to Capital One Services, LLC.

ABSTRACT EXCERPT: The disclosed embodiments include systems and methods for executing a point of sale deposit. In one embodiment, a system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive transaction information related to a point of sale deposit from a client device, and generate a pending deposit transaction based on the transaction information.

PATENT: Verifying proximity during payment transactions; US 9,940,616 B1; 4/10/2018; CPC G06Q 20/327; 34 claims; assigned to Square, Inc.

ABSTRACT: Method, systems, and apparatus for processing a transaction for a customer using a first device and a second device, comprising: receiving a notification from the first device, where the notification includes a selection of one or more items for purchase, where the notification includes an identifier, and where the identifier uniquely identifies both the customer and a second device; determining that the second device is in proximity to the first device as an authentication measure; in response to the determining, sending the determination to the second device, where the second device displays details regarding the selection of the one or more items for purchase; receiving, from the second device, user input indicating a confirmation of the purchase of the one or more items; submitting, to a payment processor, the details for authentication.

PATENT: Systems and methods for processing customer purchase transactions using biometric data; US 9,940,620 B2; 4/10/2018; CPC G06Q 20/40145; 19 claims; assigned to Capital One Services, LLC.

ABSTRACT: A system and method is provided for processing customer purchase transactions using biometric data. Consistent with disclosed embodiments, a processing entity receives biometric data of a customer, wherein the biometric data is unique to the customer. The processing entity may additionally receive transaction data, the transaction data reflecting the price of a purchase transaction by the customer. The processing entity may compare the received biometric data to stored biometric data associated with customers of a financial service provider and identify common biometric data.

Frip: Biometric data is all the rage.

PATENT: Method and system using candidate dynamic data elements; US 9,940,621 B2; 4/10/2018; CPC G06Q 20/4016; 21 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: A method and computer readable medium for conducting a transaction, comprising receiving a verification value and a portion of a dynamic data element, determining candidate dynamic data elements using the portion of the dynamic data element, calculating candidate verification values using candidate dynamic data elements, and determining if the received verification value matches any of the candidate verification values, wherein the transaction is thereafter authenticated if a candidate verification value matches a candidate verification value.

PATENT: Method and system for facilitating online payments based on an established payment agreement; US 9,940,622 B2; 4/10/2018; CPC G06Q 20/405; 20 claims; assigned to PayPal, Inc.

ABSTRACT: A method and system for facilitating online payments are disclosed. According to one aspect of the present invention, a payment agreement is established at a payment service provider that defines terms of a payment relationship between a merchant and a user. The establishing of the payment agreement includes linking the payment agreement with a payment account of the merchant or user stored at the payment service provider. After establishing the payment agreement, a payment request associated with a transaction is received, whereby the payment request includes a unique identifier to identify the payment agreement stored at the payment service provider. Based on a verification that the payment request complies with terms of the payment agreement, the payment request is processed.

PATENT: Method and system for facilitating payments on a payment card network; US 9,940,623 B2; 4/10/2018; CPC G06Q 20/405; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A computer implemented method of processing a payment request is provided, the method comprising operating a processor of a network node to: (i) determine that a current time is within a predefined period of a payment time associated with a payment profile; (ii) determine an account number, a payment amount and a payment provider associated with the payment profile; (iii) transmit to the payment provider a request for pre-authorization of payment of the payment amount from an account associated with the determined account number; and (iv) responsive to receiving a pre-authorization from the payment provider, associating an authorization indication with the payment profile.

PATENT: Credit card imaging for mobile payment and other applications; US 9,940,624 B2; 4/10/2018; CPC G06Q 20/409; 20 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: A mobile payment device includes a contactless payment module, a processing module, and a display module. The contactless payment module is coupled to execute a credit payment transaction. The processing module is coupled to detect the executing of the credit payment transaction and retrieve credit image data based on the detecting. The display module is coupled to process the credit image data into a displayed credit image.

PATENT: Mobile coupon method and system; US 9,940,627 B2; 4/10/2018; CPC G06Q 30/02; 27 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: A system and a method for using a portable consumer device such as a mobile phone are disclosed. In one embodiment, a method according to the present invention comprises referencing data regarding an individual consumer stored as part of a payment processing network to generate an electronic coupon targeted to the individual consumer. The electronic coupon is transmitted to a mobile device of the individual consumer over a communications network, and purchase transaction utilizing the electronic coupon is processed over the payment processing network.

PATENT: Reverse couponing; US 9,940,636 B2; 4/10/2018; CPC G06Q 30/0215; 30 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods and computer program products for reverse couponing. An exemplary apparatus is configured to determine user information and account information associated with a user; adjust offer information associated with an offer based on the user information and the account information, wherein the offer enables the user to receive at least one of a discount or a rebate on a purchase from a merchant; and transmit the adjusted offer to the user.

PATENT: Volume control for mass quote messages; US 9,940,667 B2; 4/10/2018; CPC G06Q 40/00; 14 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: Systems and methods are provided for processing mass quote messages and generating market data. A mass quote message is received and individual orders are parsed and processed. Individual market data messages are stored in a market data message buffer. After all orders are processed, the contents of the market data message buffer is distributed as a single market data message.

PATENT: Synchronized processing of data by networked computing resources; US 9,940,670 B2; 4/10/2018; CPC G06Q 40/04; 29 claims; assigned to Royal Bank of Canada.

ABSTRACT: Systems, methods, and machine-interpretable programming or other instruction products for the management of data transmission by multiple networked computing resources. In particular, the disclosure relates to the synchronization of related requests for transmitting data using distributed network resources.

PATENT: Dataset intersection determination; US 9,940,671 B2; 4/10/2018; CPC G06Q 40/04; 27 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: An item is determined to exist in a dataset by arranging the dataset into a plurality of subsets, each bounded by the minimum amount of memory that may be transferred between levels of memory in a memory configuration. The item and the subsets have attributes that allow for a determination of which subset the item would exist in if the item were in the dataset. A singular subset is transferred between levels of memory to determine whether the item exists in the transferred subset. If the item does not exist in the transferred subset, it is determined that the item does not exist in the dataset.

PATENT: System for generating data from social media messages for the real-time evaluation of publicly traded assets; US 9,940,672 B2; 4/10/2018; CPC G06Q 40/06; 18 claims; assigned to Isentium, LLC.

ABSTRACT EXCERPT: A system for generating data from social media messages for the real-time evaluation of publicly traded assets includes an ingest component for ingesting the social media messages and a filter module eliminating expressions not considered useful language from social media messages and configuring input social media message into useful formats to form filtered social media messages.

PATENT: Systems and methods for measuring relationships between investments and other variables; US 9,940,673 B2; 4/10/2018; CPC G06Q 40/06; 16 claims.

ABSTRACT EXCERPT: The systems and methods described herein can identify meaningful relationships between variables, such as particular investments or general asset classes. Unlike conventional correlation analysis, these systems and methods provide an improved technique of comovement analysis that implements a threshold to eliminate data "noise" and then discretizes the remaining observations to normalize any outliers.

PATENT: Managing enterprise data movement using a heuristic data movement detection engine; US 9,934,475 B2; 4/3/2018; CPC G06Q 10/0631; 18 claims; assigned to Bank of America Corporation.

SUMMARY: Aspects of the disclosure relate to various systems and techniques that provide effective, efficient, scalable, and convenient ways of managing enterprise information, particularly in ways that utilize a heuristic data movement detection engine to monitor, track, control, and/or otherwise manage what enterprise data is being where, as well as how and/or why such data is being moved. For example, in accordance with one or more aspects of the disclosure, a data movement detection engine (which may, e.g., also be referred to as a "heuristics engine" in the description below) may track and/or manage enterprise data as it is moved from one enterprise computer system to another enterprise computer system. As the data is moved, the data movement detection engine may utilize heuristics to analyze the movement of the data.

Frip: Heuristics. Cool.

PATENT: Custodian management system; US 9,934,487 B2; 4/3/2018; CPC G06Q 10/10; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention relate to systems, methods, and computer program products for the management of custodians within an electronic discovery system. Embodiments of the invention herein disclosed provide for methods of creating, maintaining, and utilizing a unified custodian directory for the purposes of carrying out electronic discovery within an enterprise environment. By employing a unified custodian directory to manage custodians apart from the electronic discovery cases to which they relate, the custodian management system of the present invention promotes efficiencies in the field of electronic discovery.

PATENT: Real-time transactions for a virtual account; US 9,934,493 B2; 4/3/2018; CPC G06Q 20/023; 17 claims; assigned to Bank of America Corporation.

ABSTRACT: According to some embodiments, a system comprises one or more processors associated with a financial institution. The financial institution provides a financial account for a user. The system also comprises a dedicated interface between the financial institution and an electronic payment service external to the financial institution. The electronic payment service provides a virtual account for the user. The one or more processors are configured to determine when the user requests a financial transaction to transfer funds from a source to a destination (one of which corresponds to the virtual account), validate the financial transaction based on data received from the electronic payment service over the dedicated interface, and transfer the funds to the destination. The funds are transferred prior to hard-posting such that the funds become available at the destination in real-time while the financial transaction is pending.

PATENT: Automated teller machine (“ATM”) currency stamper; US 9,934,497 B2; 4/3/2018; CPC G06Q 20/1085; 18 claims; assigned to Bank of America Corporation.

ABSTRACT: Apparatus and methods for an automated teller machine ("ATM") currency stamper are provided. The currency stamper may be configured to mark currency retracted by the ATM. The mark may include one or more attributes of the currency. The mark may include transaction information associated with a dispensing and/or retraction of the currency. Marked currency may be stored in the ATM. Marked currency may be scanned. A scanning of marked currency may read the attributes of the currency and the transaction information included in the mark. The scanning of the marked currency may erase the mark. A value of the marked currency may be calculated. The value may be determined based on the currency attributes and transaction information included in the mark applied to the currency.

PATENT: Contacts for misdirected payments and user authentication; US 9,934,502 B1; 4/3/2018; CPC G06Q 20/3226; 30 claims; assigned to Square, Inc.

ABSTRACT: Disclosed herein are systems and methods for processing a payment request that use mobile devices to have money transferred. These mobile devices are capable of running a payment transfer application that facilitates a transfer of money. A user can then execute the payment transfer application using a mobile device to send money, through a payment processing system that runs the payment transfer application, to a recipient account. One or more techniques authenticate a user of the mobile device by multi factor authentication prior to processing requests for money transfer initiated by the user.

PATENT: System and method for determining merchant location and availability using transaction data; US 9,934,511 B2; 4/3/2018; CPC G06Q 30/00; 19 claims; assigned to Mastercard International Incorporated.

ABSTRACT: A method for determining merchant availability is provided. The method includes storing in an electronic storage device a database of merchant transactions; accessing information in the database concerning the transactions, including time of the transactions and locations for merchants participating in the transactions, and assembling the information to provide locations where a merchant is currently available for conducting business. A computer readable non-transitory storage medium storing instructions of a computer program, which when executed by a computer system, results in performance of steps of the method.

PATENT: Systems and methods for processing transactions; US 9,934,517 B2; 4/3/2018; CPC G06Q 30/0269; 20 claims; assigned to American Express Travel Related Services Company, Inc.

ABSTRACT: A method comprises receiving, by a computer-based system for processing a transaction, a notification that a transaction account holder has taken an action, taking, in near real time, an action in response to the action taken by the transaction account holder, and/or communicating with a web-client associated with the transaction account holder in response to the action taken by the transaction account holder. The communicating with the web-client may occur in near real time.

PATENT: Smart order router; US 9,934,532 B2; 4/3/2018; CPC G06Q 30/08; 17 claims; assigned to Javelin Capital Markets LLC.

ABSTRACT: Methods, systems, and apparatus, including computer programs encoded on computer storage media, for order routing. One of the methods includes receiving a request for quote from a user, the request for quote indicating that the first user is to be anonymous during the negotiation. The method also includes selecting counterparties to receive the request for quote. The method also includes sending the request for quote to the selected counterparties absent revealing the identity of the user. The method also includes receiving prices from the counterparties, each price associated with a counterparty. The method also includes presenting the prices to the user.

PATENT: Throttling modification messages; US 9,934,534 B2; 4/3/2018; CPC G06Q 40/04; 10 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: The present embodiments relate to intelligently throttling a modification message based on a period of time that a trade order is required to remain in a market. In an embodiment, intelligently throttling a modification message includes intelligently selecting a transmission time of a modification message based on a period of time that a trade order is required to remain in a market. The modification message is transmitted at the selected time to ensure that the modification order is received at an electronic exchange at or shortly after, but not before, the period of time has expired. As a result, the modification order is accepted (e.g., not rejected) by the electronic exchange. The modification order does not need to be resent to the electronic exchange.

Frip: Know any politicians you’d like to throttle?

PATENT: Interactive map for grouped activities within a financial and social management system; US 9,934,536 B2; 4/3/2018; CPC G06Q 40/12; 20 claims; assigned to Bank of America Corporation.

SUMMARY: Embodiments of the invention comprise systems, computer program products, and methods for a financial and social management system that provides an integrated financial and social networking activity interface having an interactive map and an activity list illustrating activities associated with other users through a financial account and activity information associated with the activities.

PATENT: Secure traveler framework; US 9,934,543 B2; 4/3/2018; CPC G06Q 50/265; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: A user, such as an employee of an institution, may travel overseas where data or devices may be compromised. Described herein is a system and method for receiving travel data for the user from a travel data source and receiving a list of countries with a high level of security threats where data security may be an issue. Based on the travel data for the user and the list of countries with a high level of security threats, it may be determined whether the user is entering a country with a high level of security threats. If so, one or more user devices associated with the user may be determined, and data security scans of the devices may be generated before, during, and/or after travel. Data security issues may be determined based on a comparison of the scans. A report of the issues may optionally be generated.

PATENT: System and method for transferring funds; US 9,928,490 B1; 3/27/2018; CPC G06Q 20/108; 19 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: A method and system for payment processing comprises receiving sender information, receiving a fund transfer request that includes an identifier for a recipient, accessing an information directory based on the identifier to obtain account information for the recipient, and sending funds according to the fund transfer request to the recipient.

PATENT: Method and system for controlling certificate based open payment transactions; US 9,928,491 B1; 3/27/2018; CPC G06Q 20/145; 20 claims; assigned to Citicorp Credit Services, Inc.

ABSTRACT EXCERPT: Prior to accessing a merchant POS terminal or, for example, a merchant website, a customer obtains a certificate from a service provider (SP), such as a bank, certifying his identification (ID) and his relevant financial information, in a form that is understandable by the SP. The SP is capable of performing multiple functions. For example, the SP is capable of acting as a certificate authority when it issues the customer's certificates, an authenticator when it receives private-key encrypted certificates from the customers to be decrypted using the corresponding public-key, and an authorizing authority when it checks the value available in a customer' chosen payment account against the requested purchase or transfer amount.

PATENT: Generating a temporal physical payment card; US 9,928,496 B2; 3/27/2018; CPC G06Q 20/227; 9 claims; assigned to KT Corporation (KR).

ABSTRACT: The disclosure is related to generating a temporal physical payment card with a predetermined valid period. One of virtual payment cards stored in user equipment is selected based on a selection input received from a user. Information on the selected virtual payment card is transferred to a physical dummy payment card with a predetermined valid period.

PATENT: Method and system for payment through mobile devices; US 9,928,499 B2; 3/27/2018; CPC G06Q 20/322; 18 claims; assigned to Alibaba Group Holding Limited (KY).

ABSTRACT: Processing payment through a mobile device includes: receiving a command; generating a payment request based on the command and send the payment request to be processed by a lower layer payment program; and monitoring the payment request sent from the localhost address of the mobile device via the predetermined port; in response to the payment request, providing an input interface for payment information in and receive the input payment information; using the lower layer payment program to connect with a payment server and pass the payment information over a network to the payment server; using the lower layer payment program to transfer a payment processing result received from the payment server, to the upper layer application program; and after the upper layer application program has been unblocked, presenting to a user an indication of whether the payment has been successfully processed.

PATENT: Mobile electronic wallet; US 9,928,505 B1; 3/27/2018; CPC G06Q 20/36; 10 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: Association of personal, financial, and/or business-related identification information with a mobile communication device (MCD) is provided for herein. For example, an MCD can be associated with a financial account and can further include an identification component that verifies an identity of a user of the MCD. Identity can be verified by biometric analysis (e.g., finger/thumb print scan), username and password, optical feature scan, or a combination thereof or of like mechanisms, for instance. Accordingly, the claimed subject matter provides a mechanism to verify identification of a user of an MCD and incorporate user ID into remote data exchange, including remote financial transactions, with one or more networked devices.

PATENT: Dynamic checkout button apparatuses, methods and systems; US 9,928,506 B2; 3/27/2018; CPC G06Q 20/363; 18 claims; assigned to Visa International Service Association.

ABSTRACT: The DYNAMIC CHECKOUT BUTTON APPARATUSES, METHODS AND SYSTEMS ("DCB") transforms product page checkout request input and user identification input via DCB components such as offer/discount determination component and checkout button embedding component, into dynamic checkout button outputs.

Frip: Huh?

PATENT: Dynamic object tag and systems and methods relating thereto; US 9,928,513 B2; 3/27/2018; CPC G06Q 30/0185; 27 claims; assigned to Visa International Service Association.

ABSTRACT: A dynamic object tag for a product and systems and methods relating thereto is disclosed. The dynamic object tag comprises a hardware security module, including an electronic storage module, and a communication module for communicating with an interrogation device. The hardware security module is adapted to establish a secure communication channel with the interrogation device, to exchange dynamic authentication parameters with the interrogation device, and to communicate product information stored on the electronic storage module to the interrogation device over the secure communication channel.

PATENT: Systems and methods for delivering tailored content based upon a consumer profile; US 9,928,514 B2; 3/27/2018; CPC G06Q 30/02; 20 claims; assigned to American Express Travel Related Services Company, Inc.

ABSTRACT EXCERPT: The present disclosure includes a system, method, and article of manufacture for aggregating a consumer profile, identifying tailored content (e.g., in response to a trigger event and/or based upon a consumer profile), and/or tailoring a digital destination. For example, the systems may receive direct data indicating an interest in receiving specific content, aggregate that data into a consumer profile, compare the consumer profile to content, and/or identify tailored content based upon the comparison.

PATENT: Reverse couponing; US 9,928,520 B2; 3/27/2018; CPC G06Q 30/0215; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods and computer program products for reverse couponing. An exemplary apparatus is configured to determine user information and account information associated with a user; adjust offer information associated with an offer based on the user information and the account information, wherein the offer enables the user to receive at least one of a discount or a rebate on a purchase from a merchant; and transmit the adjusted offer to the user.

PATENT: Establishing, modifying, and customizing account-based products; US 9,928,545 B1; 3/27/2018; CPC G06Q 40/00; 20 claims; assigned to Citicorp Credit Services, Inc.

ABSTRACT: Providing an account-based product. A communications portal is provided and consumer data is received via the portal. At least one derived characteristic, e.g., qualification, is determined contemporaneously from the consumer data. A product set is presented, via the portal, including at least one product determined at least in part by the derived characteristic. A selection from the product set is received via the portal, and at least one product feature, e.g., balance transfer, of at least one selected product is activated contemporaneous with the product selection.

PATENT: System and method for processing data pertaining to financial assets; US 9,928,546 B2; 3/27/2018; CPC G06Q 40/02; 17 claims; assigned to Fannie Mae.

ABSTRACT: A method of processing data in connection with a security is provided. The security is collateralized by a plurality of home mortgage loans or by portions of the plurality of home mortgage loans. The method comprises generating payment projections regarding principal and interest payment projections for the plurality of home mortgage loans; determining that the payment projections have errors; and modifying loan characteristic data to eliminate errors in the loan characteristic data that cause errors in the payment projections.

PATENT: Systems and methods for providing balance notifications to connected devices; US 9,928,547 B2; 3/27/2018; CPC G06Q 40/02; 28 claims; assigned to The Toronto-Dominion Bank.

ABSTRACT EXCERPT: The disclosed embodiments include methods and systems for providing account and event status notifications. The disclosed embodiments include, for example, a communications device including a memory storing software instructions and one or more processors configured to execute the software instructions to perform operations. In one aspect, the operations may include receive a notification of a status of an account parameter.

PATENT: Guarantor mortgages; US 9,928,548 B2; 3/27/2018; CPC G06Q 40/025; 50 claims; assigned to Royal Bank of Canada.

ABSTRACT: Systems, methods, and machine-interpretable programming or other instruction products for guarantor mortgages. In particular, the disclosure provides methods, apparatus, and programming product for the processing of improved transfer of monetary value through innovative loan processes.

PATENT: Methods and systems for expedited trading account funding; US 9,928,549 B2; 3/27/2018; CPC G06Q 40/04; 16 claims; assigned to FMR LLC.

ABSTRACT EXCERPT: A computer-implemented method is provided for opening an expedited account for a user. The method includes receiving a request from the user to make a trade associated with at least one financial instrument, in the absence of an account being opened for the user. The method includes determining a plurality of factors in response to the request, the plurality of factors including 1) a credit worthiness score of the user; 2) a source of capital identified by the user to cover the trade; and 3) a type of the at least one financial instrument associated with the trade.

PATENT: Automated trading exchange system having integrated quote risk monitoring and integrated quote modification services; US 9,928,550 B2; 3/27/2018; CPC G06Q 40/04; 1 claim; assigned to Cboe Exchange, Inc.

SUMMARY: The present invention relates to financial trading systems. More specifically, it is directed to a method and device for market-maker risk management through automatic quote risk monitoring and quote modification in an automated trading system.

PATENT: Computer-implemented system and method for clearing a derivative trade involving multiple trading exchanges; US 9,928,551 B2; 3/27/2018; CPC G06Q 40/04; 20 claims; assigned to NASDAQ Technology AB (SE).

ABSTRACT: A derivative trade order at a home marketplace is routed to an away market place having a better price for a counter position to the order where it is executed. The executed order triggers creation of a "balance derivative trade" at the home marketplace to balance at a home clearing house the away trade. The home clearing house uses the balance derivative trade to create derivative positions of the balance derivative trade and informs a balancing clearing entity which manages the balance derivative trade obligations. The balance derivative trade order account permits netting and reduced margin benefits for the trading participant. A dual derivative exercise operation allows balance derivative positions to be performed in one day to reduce overnight risk for the clearing entity.

PATENT: Methods and systems for insurance investment product decision modeling; US 9,928,552 B1; 3/27/2018; CPC G06Q 40/08; 17 claims; assigned to New York Life Insurance Company.

ABSTRACT: Methods and systems for insurance investment product decision modeling are disclosed. The methods and systems provide means for determining an objectively appropriate insurance investment product or funding level for a customer including inputting a set of customer data including at least certain customer criteria such as age, gender and policy face amount, selecting insurance products for comparison, calculating an expected investment in each of the selected insurance products or funding levels, calculating an expected benefit from each of the selected insurance products or funding levels using at least an economic model, calculating a value for each of the types of insurance based on the expected investment and respective expected benefits and recommending an insurance product or funding level based at least in part on a comparison of the value or net gain for the selected insurance products or funding levels being compared.

PATENT: Determining a quality score for internal quality analysis; US 9,922,299 B2; 3/20/2018; CPC G06Q 10/06313; 34 claims; assigned to Bank of America Corporation.

ABSTRACT: An apparatus for assessing and controlling the quality of a project in a production environment is provided. The apparatus is configured to: receive a first score, wherein the first score comprises a first numerical value associated with a first level of quality, wherein the first level of quality is associated with a first deliverable; receive a second score, wherein the second score comprises a second numerical value associated with a second level of quality, wherein the second level of quality is associated with the first deliverable; and process the first score and the second score to generate a third score.

Frip: Abstract (as in Alice) maybe?

PATENT: Account mask identifier apparatus, method, and computer program product; US 9,922,311 B2; 3/20/2018; CPC G06Q 20/102; 18 claims; assigned to MasterCard International Incorporated.

ABSTRACT: At a computing device, optionally located in communication with an intermediate node in an electronic bill payment system, access is obtained to a data structure including a plurality of valid customer account numbers for customers of a biller that utilizes or desires to utilize the electronic bill presentment and payment system. With the computing device, each character of each of said valid customer account numbers is replaced with a wild card in accordance with a normalization scheme, to obtain a plurality of normalized valid customer account numbers. At least one pattern of said wild cards in said plurality of normalized valid customer account numbers is designated as a recommended account mask.

PATENT: Systems and methods for providing transaction tokens for mobile devices; US 9,922,318 B2; 3/20/2018; CPC G06Q 20/3278; 16 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: The disclosed embodiments include methods and systems for providing payment token transactions by a mobile device. The mobile device may be operable to obtain a payment token, where the payment token is associated with one or more payment token parameters and the mobile device may be configured to communicate with a financial service provider system over a first network when connectivity to the first network is available to the mobile device.

PATENT: Proxy for multiple payment mechanisms; US 9,922,321 B2; 3/20/2018; CPC G06Q 20/3572; 27 claims; assigned to Square, Inc.

ABSTRACT EXCERPT: Various embodiments are related to apparatuses and methods for paying for a financial transaction using a proxy object. The proxy object can be associated with multiple payment accounts, for example accounts associated with credit cards and debit cards. A consumer can present the object to a payee to make a payment, and the payee can use a device to obtain information from the object.

PATENT: Cloud-based transactions with magnetic secure transmission; US 9,922,322 B2; 3/20/2018; CPC G06Q 20/3821; 18 claims; assigned to Visa International Service Association.

ABSTRACT: Techniques for enhancing the security of a communication device when conducting a transaction using the communication device may include using a limited-use key (LUK) to generate a transaction cryptogram, and transmitting a token instead of a real account identifier and the transaction cryptogram to an access device to conduct the transaction. The token and the transaction cryptogram can be transmitted to a magnetic stripe reader by generating an emulated magnetic signal. The LUK may be associated with a set of one or more limited-use thresholds that limits usage of the LUK, and the transaction can be authorized based on at least whether usage of the LUK has exceeded the set of one or more limited-use thresholds.

PATENT: System and method for automated analysis comparing a wireless device location with another geographic location; US 9,922,323 B2; 3/20/2018; CPC G06Q 20/40; 19 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: A system and method for automatically comparing obtained wireless device location information from a wireless network and comparing that location with another independent source geographic location is provided. Location information is derived from two or more sources in a multiplicity of ways and a comparison is made within a Location Comparison Engine. The Location Comparison Engine makes use of databases that assist in resolving obtained raw positioning information and converting that positioning information into one or more formats for adequate location comparison. Results of location comparison are deduced to determine if the wireless device is in some proximity to some other activity source location.

PATENT: System and method for processing and for funding a transaction; US 9,922,326 B2; 3/20/2018; CPC G06Q 20/4016; 28 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Method for processing a transaction, the method comprising automatically requesting a transfer from a source account to a destination account via a communication link, receiving the transfer, adjusting destination account data associated with the destination account by increasing a balance of the destination account by an amount of the transfer, receiving transaction data from a merchant indicating an attempted transaction, the transaction data including a transaction amount and data identifying the destination account, and processing the attempted transaction.

PATENT: Systems and methods to apply benefit of offers; US 9,922,328 B2; 3/20/2018; CPC G06Q 30/0225; 9 claims; assigned to Visa International Service Association.

SUMMARY: At least some embodiments of the present disclosure relate to the processing of payment transactions, such as payments made via credit cards, debit cards, prepaid cards, etc., and the redemption of the benefits of offers, such as coupons, deals, discounts, rewards, etc.

PATENT: Controlling price cascade movements in an electronic trading system; US 9,922,372 B2; 3/20/2018; CPC G06Q 40/04; 26 claims; assigned to LIFFE Administration and Management (GB).

ABSTRACT: A disclosed system, method and computer readable storage medium includes mechanism for controlling cascade price movements in an electronic trading system. Price limits control the prices at which traders can place orders. An upper price limit prevents traders from placing orders above the upper limit and a lower price limit prevents traders from placing orders below the lower limit. The gap between the upper limit and the indicative market price as well as the gap between lower limit and the indicative market price is controlled so as to cause a breaking effect on very rapidly changing market price.

PATENT: System and method for buy-side order matching; US 9,922,373 B2; 3/20/2018; CPC G06Q 40/04; 8 claims; assigned to FIDESSA PLC (GB).

ABSTRACT: Techniques for buy-side order matching in the trading of financial instruments using a centralized matching engine having one or more storage devices including rules and order parameters for a plurality of buy-side parties. The centralized matching engine includes one or more transmitters and receivers communicatively coupled to a network and one or more processors operatively coupled to the one or more storage devices and the one or more transmitters and receivers. At least one message sent over the network by a plurality of buy-side parties and is received by the central matching engine to set the rules or order parameters. At least one order of at least two of the plurality of buy-side parties is matched based on the rules and the order parameters. A message is transmitted over the network to a sell-side party indicating that trade negotiation can commence.

PATENT: Determining a quality score for internal quality analysis; US 9,916,548 B2; 3/13/2018; CPC G06Q 10/06313; 32 claims; assigned to Bank of America Corporation.

ABSTRACT: An apparatus for assessing and controlling the quality of a project in a production environment is provided. The apparatus is configured to: receive a first score, wherein the first score comprises a first numerical value associated with a first level of quality, wherein the first level of quality is associated with a first deliverable; receive a second score, wherein the second score comprises a second numerical value associated with a second level of quality, wherein the second level of quality is associated with the first deliverable; and process the first score and the second score to generate a third score.

Frip: BofA scores!

PATENT: Systems and methods for providing manufacturer-based financial service accounts; US 9,916,571 B2; 3/13/2018; CPC G06Q 20/204; 19 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: The disclosed embodiments include a mobile client device for providing real-time manufacturer-based financing. In one embodiment, the mobile device is configured to receive a product code associated with a manufacturer product offered for sale at a merchant location. The mobile device may further provide the product code to a financial service provider system configured to create a manufacturer-based financial service account associated with the product manufacturer.

PATENT: Secure computing device and method; US 9,916,574 B2; 3/13/2018; CPC G06Q 20/3278; 9 claims; assigned to Barclays Bank PLC.

ABSTRACT: A method and device are described for maintaining software components in a portable electronic device. The device includes memory storing software components executable from the device, with associated pairs of logical storage partitions for storing different versions of the software components, a data interface for coupling the device to a host computer, a contactless interface for receiving payment token data from a contactless payment token, and a cellular network interface for communication of data over a cellular network. An upgrade process is initiated when the device is coupled to the host computer. Data including a different version of at least one of said software components is received, installed and executed to initiate a payment transaction with a remote system. Payment token data is received via the contactless interface means and transmitted to the remote system.

PATENT: In-market personalization of payment devices; US 9,916,576 B2; 3/13/2018; CPC G06Q 20/3558; 22 claims; assigned to MasterCard International Incorporated.

ABSTRACT: Described are methods and systems for remotely personalizing a payment device. In an embodiment, a trusted service provider (TSP) personalization server receives a payment device personalization request from a remote personalization device (RPD), determines that a hardware security token (HST) permits issuance of the payment device, and transmits a personalization data request to an issuer. The TSP personalization server then receives the requested personalization data from a Mobile Over-the-Air Provisioning Service (MOTAPS) server, generates session keys, converts data from the MOTAPS server into payment device application process data unit (APDU) data, and then transmits the personalization data and APDU data to the RPD to load onto a payment device.

PATENT: Multi channel purchasing for interoperable mobile wallet; US 9,916,577 B1; 3/13/2018; CPC G06Q 20/36; 20 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: A computer-implemented system and method that includes receiving by a mobile wallet device a product code that identifies a product after a user of the mobile device has been authenticated into the mobile wallet device, determining by the mobile wallet device the identity of a merchant from a plurality of merchants based on at least a portion of the product code. The method includes sending the received product code to a merchant computer, receiving by the mobile wallet device a price, information regarding the product and merchant bank information. The method further includes transferring payment for the product to a merchant bank from an account held by the user.

PATENT: Method and system for processing internet purchase transactions; US 9,916,578 B2; 3/13/2018; CPC G06Q 20/382; 20 claims; assigned to Visa International Service Association.

ABSTRACT: A method for minimizing risk of a consumer performing a fraudulent Internet purchase transactions using a transaction card is disclosed herein, the method comprising receiving an enrollment verification request for a transaction from a merchant's website, transmitting the enrollment verification request to an access control server; receiving an enrollment verification response from the access control server, determining whether the transaction is risky based on at least a portion of the enrollment verification request, if the transaction is not risky, forwarding the enrollment verification response to the merchant website and, if the transaction is risky, modifying the enrollment verification response to denote the transaction is risky and forwarding the modified enrollment verification response to the merchant's website.

PATENT: Payment device with holographic security element; US 9,916,580 B2; 3/13/2018; CPC G06Q 20/382; 20 claims; assigned to Visa International Service Association.

ABSTRACT: An object that enables electronic commerce is disclosed where the object has a holographic image on security contacts. The security contacts may be in communication with a security element that provides security features. The contacts may be placed in predetermined locations but may be extended to create a complementary identifiable image.

PATENT: Back end of payment system associated with financial transactions using card readers coupled to mobile devices; US 9,916,581 B2; 3/13/2018; CPC G06Q 20/3829; 11 claims; assigned to Square, Inc.

ABSTRACT: A method of reconstructing a packet that includes financial card information from a mobile device uses a card reader. The card reader has a read head, a slot for swiping a magnetic stripe of a card, and device electronics that includes a microcontroller with logic resources with code. The card reader has a unique identifier and associated cryptographic key. The same code is used to produce an encrypted and signed signal. The encrypted and signed signal, that includes the card reader identifier, is sent to the mobile device. The mobile device sends an encrypted and signed packet to a back end of a payment system. A cryptographic key is used to decrypt and verify the contents of the packet at the back end. Non-encrypted financial card information is sent to a payment gateway.

PATENT: System and method including indirect approval; US 9,916,583 B2; 3/13/2018; CPC G06Q 20/401; 13 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the invention permit an approving entity such as an employer to approve or deny transactions conducted by users such as employees, in substantially real time. In embodiments of the invention, a transaction alert request message is sent to a third party such as employer and the employer is allowed to approve or not approve of a transaction being conducted, before or after an issuer approves of the transaction. Embodiments of the invention provide for greater control over the authorization process by an approving entity. Embodiments of the invention also improve the security of the transaction by providing additional authentication data to an issuer. One embodiment of the invention is directed to a server computer.

PATENT: Methods and systems for generating a transaction lifecycle output for a payment card transaction; US 9,916,585 B2; 3/13/2018; CPC G06Q 30/016; 9 claims; assigned to MasterCard International Incorporated.

ABSTRACT: Systems and methods for generating a transaction lifecycle output using a transaction lifecycle (TL) computer system are provided herein. The TL computer system includes a memory device for storing data and a processor in communication with the memory device. The processor is programmed to receive transaction data associated with a transaction being processed over a payment network. The transaction data includes authorization data, clearing data, and fraud data. The processor is also programmed to generate the transaction lifecycle output by processing the authorization data, the clearing data, and the fraud data. The transaction lifecycle output includes output data organized by pre-defined stages of the transaction.

PATENT: Client-side deposit packaging compliance; US 9,916,586 B2; 3/13/2018; CPC G06Q 30/018; 18 claims; assigned to Bank of America Corporation.

ABSTRACT: Apparatus and methods for client-side deposit packaging compliance are provided. Apparatus and methods may include deploying a uniform reporting format for clients, banks, armored couriers and vaults. The uniform reporting format may be a XML data feed. The XML data feed may provide for reporting of condition codes associated with a deposit. The condition codes may correspond to one or more attributes of a deposit packaged by a client. The condition codes may be submitted by the client. The condition codes may be verified when a deposit is processed by a vault. Illustrative condition codes may correspond to: armored courier ID, envelope status, counterfeit status. The XML data feed may utilize dynamic online, rule-based forms for clients, banks, armored couriers and vaults.

PATENT: Systems and methods for providing balance notifications in an augmented reality environment; US 9,916,620 B2; 3/13/2018; CPC G06Q 40/02; 32 claims; assigned to The Toronto-Dominion Bank.

ABSTRACT: The disclosed embodiments include methods and systems for providing account status notifications. The disclosed embodiments include, for example, a device for providing account status notifications including a memory storing software instructions and one or more processors configured to execute the software instructions to perform operations.

PATENT: High speed processing of financial information using FPGA devices; US 9,916,622 B2; 3/13/2018; CPC G06Q 40/04; 44 claims; assigned to IP Reservoir, LLC.

ABSTRACT: A high speed apparatus and method for processing a plurality of financial market data messages are disclosed. With respect to an exemplary embodiment, a reconfigurable logic device is employed to map the symbols present in the financial market data messages to another symbology.

Frip: Symbology?

PATENT: Electronic market message management with priority determination; US 9,916,623 B2; 3/13/2018; CPC G06Q 40/04; 24 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.

PATENT: Systems and methods for one-click financials; US 9,916,633 B1; 3/13/2018; CPC G06Q 50/26; 20 claims; assigned to USAA.

ABSTRACT: Techniques for managing services provided on behalf of a user are provided. A user profile generator accesses a first user profile, applies modifications to the first user profile, and saves the modifications as a second user profile, without modifying the first user profile, such that the first user profile remains saved without modifications. In response to a second user profile invocation input indicating that the second user profile should be invoked, a second provision of services associated with the second user profile are invoked in place of a first provision of services related to the first user profile. The first provision of services related to the first user profile are re-invoked when a determination is made that the second user profile should no longer be invoked.

PATENT: Predicting approval of transactions; US 9,911,110 B2; 3/6/2018; CPC G06Q 20/204; 42 claims; assigned to Square, Inc.

ABSTRACT: Method, systems, and apparatus for processing a payment transaction includes determining that a network connection between a first destination in a payment system and a second destination in a payment system does not satisfy a latency threshold; receiving data indicating a payment transaction between a customer and a merchant; determining whether the payment transaction should be stored, where the determining is based on a risk algorithm model that considers risk factors associated with data regarding the payment transaction, risk factors associated with data regarding the customer, and risk factors associated with data regarding the merchant; if the payment transaction should be stored: storing the payment transaction for future processing; displaying an indication that the payment transaction has been successfully processed; if the payment transaction should not be stored: attempting to send a request for authorization for the payment transaction at a payment service system included in the payment system.

PATENT: Systems and methods for time variable financial authentication; US 9,911,117 B1; 3/6/2018; CPC G06Q 20/3674; 1 claim; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: The systems and methods of the invention provide a technique for authenticating a finance related transaction. The method may include providing a token which contains a token counter, the token counter periodically advancing to generate a changing token value, the token counter being synchronized to a base counter that generates an authenticating value; transforming the token value into a token output sequence using logic; and outputting at least part of the token output sequence to an authenticating authority, the authenticating authority having access to the authenticating value.

Frip: What the heck is a token?

PATENT: Device pairing via trusted intermediary; US 9,911,118 B2; 3/6/2018; CPC G06Q 20/38; 13 claims; assigned to Visa International Service Association.

SUMMARY: Embodiments of the present invention are directed to methods, apparatuses, and systems for indirectly pairing a trusted device with an untrusted device to perform a transaction without providing sensitive information to the untrusted device.

PATENT: Method and system for authorizing a transaction using a dynamic authorization code; US 9,911,121 B2; 3/6/2018; CPC G06Q 20/385; 16 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method and apparatus for conducting a secure transaction involving generation of a dynamic authentication code on a mobile device, based on secret data which does not identify an account. The authentication code and financial account identifying information are transmitted to a validating entity, which shares information about the secret data, to authorize the transaction.

PATENT: Preventing contact by locking; US 9,911,125 B2; 3/6/2018; CPC G06Q 30/018; 19 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention relate to systems, methods, and computer program products for preventing a customer communication by locking access to customer information. The system, method, and computer program product are configured to a) identify information relating to an event or condition that triggers a lock of customer information associated with a customer; b) lock at least a portion of the customer information associated with the customer based at least partially on the identifying; and c) generate a notification indicating that at least the portion of the customer information associated with the customer is locked based at least partially on the locking.

PATENT: Apparatus and method for dynamic offline balance management for preauthorized smart cards; US 9,911,154 B2; 3/6/2018; CPC G06Q 40/00; 14 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A smart payment device is issued to a user; the device is capable of both offline and online transactions and has a total available balance split. The split is between an available offline balance and an available online balance. It is determined whether the user has entered a primarily offline environment or will imminently enter a primarily offline environment. If this is so, the total available balance split is redistributed to favor offline transactions.

PATENT: Derivatives trading methods that use a variable order price; US 9,911,157 B2; 3/6/2018; CPC G06Q 40/04; 2 claims; assigned to Chicago Mercantile Exchange, Inc.

ABSTRACT: Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.

PATENT: Determining time histories for financial information; US 9,904,904 B2; 2/27/2018; CPC G06Q 10/10; 26 claims; assigned to Intuit Inc.

ABSTRACT: Embodiments of a computer system that determines a time history are described. During operation, the computer system receives a single command which accesses information associated with the time history, wherein the command is received from a user, and the information is to be used by financial software. Then, the computer system generates multiple queries corresponding to the time history, where the multiple queries access multiple data sources. Next, the computer system executes the multiple queries to obtain the time history.

Frip: Big Bro?

PATENT: Notification system and method; US 9,904,914 B1; 2/27/2018; CPC G06Q 20/10; 24 claims; assigned to Island Intellectual Property, Inc.

SUMMARY: The field of the invention generally relates to various technological improvements in systems, methods, and program products used in cash sweep systems, such as deposit sweep systems. In embodiments, the invention relates generally to new technological mechanisms to communicate with account holders so that such account holders can control the depository or other destination institutions in which funds are being allocated or held.

PATENT: Verification of portable consumer devices; US 9,904,919 B2; 2/27/2018; CPC G06Q 20/3674; 26 claims; assigned to Visa International Service Association.

ABSTRACT: Apparatuses, methods, and systems pertaining to the verification of portable consumer devices are disclosed. In one implementation, a verification token is coupled to a computer by a USB connection so as to use the computer's networking facilities. The verification token reads identification information from a user's portable consumer device (e.g., credit card) and sends the information to a validation entry over a communications network using the computer's networking facilities. The validation entity applies one or more validation tests to the information that it receives from the verification token. If a selected number of tests are passed, the validation entity sends a device verification value to the verification token, and optionally to a payment processing network. The verification token may enter the device verification value into a CVV field of a web page appearing on the computer's display, or may display the value to the user using the computer's display.

PATENT: Systems and methods for tokenless authentication of consumers during payment transactions; US 9,904,921 B2; 2/27/2018; CPC G06Q 20/40145; 13 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A computer-implemented method for tokenless authentication of a paying consumer during a payment transaction uses a computing device having a processor and a memory. The method includes receiving a plurality of biometric data sets for a plurality of consumers. Each biometric data set includes at least a biometric image of a consumer and an associated payment account identifier. The method also includes receiving, from a first biometric input device communicatively coupled to the processor, a first biometric image of the paying consumer including an iris image. The method further includes determining a payment account associated with the paying consumer based on at least the first biometric image and the plurality of biometric data sets. The method also includes authenticating use of the payment account by the paying consumer for a payment transaction at the retail location by comparing the first biometric image to the plurality of biometric data sets.

PATENT: Transferring money using electronic messages; US 9,904,924 B1; 2/27/2018; CPC G06Q 20/42; 20 claims; assigned to Square, Inc.

ABSTRACT: Methods, systems, and apparatus, including computer programs encoded on computer storage media, for transferring money using email. One of the methods includes receiving, at a user device, user input of a request to transfer a payment amount from a recipient account with a payment service system to a sender account of a sender with the payment service system. A draft email message is generated, the message having content identifying the requested payment amount, the draft email message including a confirmation link to a network resource associated with the payment service system, wherein upon receiving an indication that the recipient selected the confirmation link, the payment service system identifies a sender account of the sender and a recipient account of the recipient and initiates a transfer of the requested payment amount from the recipient account to the sender account.

PATENT: FPGA matrix architecture; US 9,904,931 B1; 2/27/2018; CPC G06Q 30/0201; 22 claims; assigned to NovaSparks, Inc.

ABSTRACT: High volume data processing systems and methods are provided to enable ultra-low latency processing and distribution of data. The systems and methods can be implemented to service primary trading houses where microsecond delays can significantly impact performance and value. According to one aspect, the systems and methods are configured to process data from a variety of market data sources in a variety of formats, while maintaining target latencies of less than 1 microsecond.

PATENT: Systems and/or methods for maintaining control over, and access to, sensitive data inclusive digital vaults and hierarchically-arranged information elements thereof; US 9,904,957 B2; 2/27/2018; CPC G06Q 40/025; 33 claims; assigned to FinLocker LLC.

ABSTRACT EXCERPT: Certain example embodiments relate to systems and/or methods for providing enhanced control over potentially sensitive data sharable among and/or between different parties. For example, certain example embodiments provide views into computer-enabled workflows managed by external parties, including views into what sensitive data has been accessed, who has accessed it, etc., e.g., throughout the lifecycle of a product granted on the basis of an analysis of such data.

PATENT: Automated secondary linking for fraud detection systems; US 9,904,967 B1; 2/27/2018; CPC G06Q 50/265; 17 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: Systems, methods, and other embodiments associated with automated secondary linking for fraud detection systems. According to one embodiment, a system includes a parsing logic configured to receive an incoming fraud report based on a first fraud detection strategy. The parse logic is also configured to parse the incoming fraud report into fraud data. The system further includes a search logic configured to search a set of fraud reports to identify instances of the fraud data. The system also includes an alert logic configured to generate an alert in response to an instance of the fraud data being identified in the set of fraud reports.

PATENT: Routing different parts of a mail item to different destinations; US 9,898,710 B2; 2/20/2018; CPC G06Q 10/083; 15 claims; assigned to Bank of America.

ABSTRACT: Apparatus, methods, media and code for routing a mail item part are provided. A receiver device may electronically receive: an indication that a first mail item part of a mail item is a check; an indication that a second mail item part of a mail item is a payment coupon; and an indication that a third mail item part of a mail item is a message. A processor device may: route the first mail item part and the second mail item part to a first destination; and route the third mail item part to a second destination that corresponds to terms in the message.

PATENT: Credit instrument and system providing multiple services including access to credit services and access to a service provider club; US 9,898,720 B2; 2/20/2018; CPC G06Q 20/0855; 10 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: An apparatus and methods for a card that allows a cardholder to set up auto-charge payment of dues and fees to a series of clubs, merchants or service providers. The card also may be used for other transactions that accept credit cards. The apparatus includes a database containing information of the associated clubs, merchants and service providers, so that applicants and cardholders can easily configure auto-charging for multiple business concerns in one sitting.

Frip: Hey JP! What’s it like to have the highest paid CEO on the planet?

PATENT: System and method for voice authentication; US 9,898,723 B2; 2/20/2018; CPC G06Q 20/20; 18 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the invention provide for secure voice authentication through a communication device or access device. Certain embodiments allow for providing a word string to a communication device or authentication device. The communication or authentication device plays a supplemental signal that is unique to a transaction. The communication device or authentication device concurrently records an audio segment originating from the user and the supplemental signal. The audio segment is an attempt by the user to vocally reproduce the word string. The communication device or authentication device sends the concurrently recorded audio segment and supplemental signal, to a computer, where the computer authenticates the user.

PATENT: Mutual mobile authentication using a key management center; US 9,898,729 B2; 2/20/2018; CPC G06Q 20/3227; 17 claims; assigned to Visa International Service Association.

ABSTRACT: A system, method, and server computer configured to authenticate a consumer device. The consumer device is authenticated via a mobile gateway using challenge-response authentication. If the consumer device is successfully authenticated, a secure channel is established between the consumer device and a first entity. The secure channel allows for secure communication between the consumer device and the first entity.

PATENT:  Dynamic checkout button apparatuses, methods and systems; US 9,898,735 B2; 2/20/2018; CPC G06Q 20/363; 19 claims; assigned to Visa International Service Association.

ABSTRACT: The Dynamic Checkout Button apparatuses, methods and systems ("DCB") transforms product page checkout request input and user identification input via DCB components such as offer/discount determination component and checkout button embedding component, into dynamic checkout button outputs.

PATENT: Online challenge-response; US 9,898,740 B2; 2/20/2018; CPC G06Q 20/4016; 21 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: Embodiments of the invention enable cardholders conducting an online transaction to be authenticated in real-time using a challenge-response application. The challenge-response application can be administered by an issuer or by a third party on-behalf-of an issuer. A challenge question can be presented to the cardholder, and the cardholder's response can be verified.

PATENT: Real time analytics system; US 9,898,741 B2; 2/20/2018; CPC G06Q 20/4016; 19 claims; assigned to Visa International Service Association.

ABSTRACT: Improved real-time analytics systems are provided. An analytics system may be used to generate transaction scores for transactions. A method may comprise receiving a scoring request associated with a transaction, sending the scoring request to a plurality of scoring models including a production model, wherein each scoring model is operable to generate a transaction score in response to the scoring request, and wherein each scoring model may be implemented using a virtual machine, receiving a transaction score generated by the production model, and sending the transaction score to a server for approval or denial the transaction.

PATENT: Systems and methods for obtaining an image of a check to be deposited; US 9,898,778 B1; 2/20/2018; CPC G06Q 40/00; 20 claims; assigned to USAA.

ABSTRACT: An image of a check may be presented for payment in a banking system in place of the physical paper check. The check to be deposited can be collected from a depositor using a scanner. A web site, accessed through a depositor's web browser, can be used to drive the process of collecting the check, but in some contexts (e.g., in less popular computing environments, such as those that do not run the most popular operating systems), it is economically infeasible to obtain the certificates that would be used to allow a program executing in the web browser to control the scanner. Thus, a depositor can be instructed to capture and upload images of the check in the form of files, where the image files are then presented for payment through a banking system.

PATENT: Consumer behaviors at lender level; US 9,898,779 B2; 2/20/2018; CPC G06Q 40/025; 20 claims; assigned to American Express Travel Related Services Company, Inc.

ABSTRACT: The present disclosure generally relates to financial data processing, and in particular it relates to lender credit scoring, lender profiling, lender behavior analysis and modeling. More specifically, it relates to rating lenders based on data derived from their respective consumers. Also, the present disclosure relates to rating consumer lenders based on the predicted spend capacity of their consumers.

PATENT: Method and system for the issuance of instant credit; US 9,898,780 B2; 2/20/2018; CPC G06Q 40/025; 16 claims; assigned to Citibank, N.A.

ABSTRACT: A method and system for the issuance of Instant Credit has an Instant Credit engine that performs instantaneous analyses. The method and system can operate along side existing "batch" processes. In addition, the method and system offer various channels of distribution for the Instant Credit products. With the present invention, Instant Credit and other Instant services (e.g., instant account balance transfers, etc.) can be obtained via, Internet, point-of-sale and other distribution channels. The present system also enables highly dynamic product offerings, which can be generated "instantaneously" based on a variety of factors, such as, for example, the channels of distribution (e.g., telephone or Internet), the product sought and/or even the particular individual and/or entity that is applying for a line of credit.

PATENT: System and method for issuing, circulating and trading financial instruments with smart features; US 9,898,781 B1; 2/20/2018; CPC G06Q 40/04; 29 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: A system and method for issuing, circulating and trading financial instruments with smart features is disclosed. In one particular exemplary embodiment, a financial instrument having smart features may comprise a document portion and a token device attached to or embedded in the document portion. The token device may comprise a storage device and a communication interface, wherein the token device is configured to provide a unique address for the financial instrument, the unique address including a device identifier that matches at least in part the document portion and a network address that changes based on a network location of the financial instrument and to communicate securely with an external entity at least to report an identity or a status of the financial instrument.

PATENT: Systems, methods, and program products for operating exchange traded products holding digital math-based assets; US 9,898,782 B1; 2/20/2018; CPC G06Q 40/04; 28 claims; assigned to WinkleVoss IP, LLC.

ABSTRACT: In embodiments, the present invention generally relates to systems, methods, and program products for use with exchange traded products ("ETPs") holding digital assets and other products and/or services related to ETPs holding digital assets. Systems, methods, and program products for use with ETPs holding digital assets, including digital math-based assets, such as bitcoins, Namecoins, Litecoins, PPCoins, Tonal bitcoins, IxCoins, Devcoins, Freicoins, I0coins, Terracoins, Liquidcoins, BBQcoins, BitBars, PhenixCoins, Ripple, Dogecoins, Mastercoins, BlackCoins, Ether, Nxt, BitShares-PTS, Quark, Primecoin, Feathercoin, Peercoin, Darkcoins, XC, MaidSafeCoins, Vertcoins, Qoras, Zetacoins, Megacoins, YbCoins, Novacoins, Moneros, Infinitecoins, MaxCoins, WorldCoins, Billioncoins, Anoncoins Colored Coins, or Counterparty, to name a few, and other financial products or services based on the same, are disclosed.

Frip: WinkleVoss? Ain’t these the guys who Zuckerburger stole Facebook from?

PATENT: Directed order; US 9,898,783 B2; 2/20/2018; CPC G06Q 40/04; 2 claims; assigned to NYSE Group, Inc.

ABSTRACT: A directed order process and related market center are disclosed, wherein a market center grants permission to order sending firms to send directed order flow to participating designated market makers. Such designated market makers create a virtual guarantee order book for each permissioned order sending firm. If an order sending firm sends a directed order to the market center that is marketable against a virtual guarantee order, then the market center automatically pairs the orders in a two-sided directed cross order instruction, which executes against any superior trading interest in the marketplace first before crossing.

PATENT: Coupon deposit account fraud protection system; US 9,892,419 B1; 2/13/2018; CPC G06Q 30/0207; 4 claims; assigned to Bank of America Corporation.

ABSTRACT: Apparatus and methods for providing electronic coupons are provided. The apparatus and methods include a system that uses a plurality of coupon processors to pull coupon data from an electronic coupon platform upon the expiration of a predetermined time period. The apparatus and methods additionally include a system that uses an electronic coupon platform to pushes data to a plurality of coupon processors upon the expiration of a predetermined time period. The apparatus and methods also include a system that redeems electronic coupons by initiating a deposit of an amount of funds in a customer bank account at predetermined time intervals. The apparatus and methods further include an electronic coupon platform that sends an electronic notification to a plurality of coupon processors upon the receipt of data from a first coupon processor which relates to the receipt of customer payment card and/or loyalty card information.

PATENT: System and method for generating and storing digital receipts for electronic shopping; US 9,892,434 B2; 2/13/2018; CPC G06Q 30/04; 15 claims; assigned to Mastercard International Incorporated.

ABSTRACT: A system and a method are provided for generating a digital receipt for purchases made utilizing a digital wallet or with other payment procedures. The digital receipt is stored in the cloud in a digital receipts repository for later retrieval. The digital receipt can be standardized to facilitate data processing of the data contained in data fields of the digital receipt. The data fields are text/field searchable and actionable so that the receipts and the data therein can be viewed in any manner desired by the user of the digital wallet. A computer readable non-transitory storage medium can store instructions of a program, which when executed by a computer system, enables the recall of the digital receipt from the repository.

PATENT: Method and system for dynamic linking of offers to transaction accounts; US 9,892,448 B2; 2/13/2018; CPC G06Q 30/0631; 20 claims; assigned to Mastercard International Incorporated.

ABSTRACT: A method for linking a transaction account to an offer includes: storing a plurality of account profiles, each profile including data related to a transaction account including an account identifier; receiving offer data from an entity, the data including data related to an offer for the purchase of goods or services; storing an offer data entry, the data entry including the offer data; generating an offer identifier associated with the offer data; transmitting the offer identifier to the entity; receiving an offer acceptance notification, the notification including a specific account identifier and the offer identifier; identifying a specific account profile that includes the specific account identifier; and updating at least one of the specific account profile and the offer data entry to indicate a linkage of the related transaction account to the offer data.

PATENT: Systems and methods for obtaining an image of a check to be deposited; US 9,892,454 B1; 2/13/2018; CPC G06Q 40/00; 22 claims; assigned to USAA.

SUMMARY: An image of a check to be presented for payment can be collected from a banking customer using the customer's scanning equipment. The customer can scan the check into one or more files (e.g., one file for the front, a second file for the back). The files can then be uploaded to a server operated by the customer's bank, and the images contained in the files can be presented through the banking system for payment by the drawee bank.

PATENT: Systems and methods for enriching the searchability of a transaction; US 9,892,455 B2; 2/13/2018; CPC G06Q 40/00; 14 claims; assigned to Bank of America Corporation.

ABSTRACT: Methods for enriching the searchability of a transaction are provided. Methods may include receiving a raw transactional data feed at a preference rules engine. The raw transactional data feed may be associated with a transaction. Methods may include transmitting a request, from the preference rules engine to a data warehouse, for enriched transaction detail associated with a transaction identification number. The transaction identification number may be associated with the transaction. The request may include the transaction identification number. Methods may include receiving, at the preference rules engine, the transaction identification number with enriched transaction detail from the data warehouse. Methods may include appending, at the preference rules engine, the enriched transaction detail to the raw transactional data feed, thereby creating a revised transaction. Methods may include transmitting the revised transaction to a database. Methods may include transmitting the revised transaction from the database to a secondary database.

Frip: Enrich me, Bro!

PATENT: Multi-sensory based notifications for financial planning; US 9,892,456 B1; 2/13/2018; CPC G06Q 40/00; 19 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: Generating a sensory notification for a user of an electronic computing device includes receiving an indication at the electronic computing device that a trigger for an alert has occurred. The trigger is related to an occurrence of a trigger condition. The sensory notification associated with the trigger condition is identified. A determination is made as to whether the user is near the electronic computing device. When the indication is received that the trigger for the alert has occurred and when a determination is made that the user is near the electronic computing device, a scent corresponding to the sensory notification is caused to emanate from the electronic computing device.

PATENT: Financial instruments, system, and exchanges (financial, stock, option and commodity) based upon realized volatility; US RE43,435 C! (11,249^th); 2/13/2018; CPC G06Q 40/00; 50 claims; assigned to Volatility Partners, LLC.

SUMMARY: The present invention relates to the field of financial and negotiable instruments and exchanges that trade in such instruments, and more specifically to standardized financial instruments that are market-priced, purchased and sold, and that settle at a price that is based solely on the volatility of the underlying over a certain predefined period of time.

PATENT: Methods and apparatus for routing securities orders; US 9,892,459 B2; 2/13/2018; CPC G06Q 40/04; 20 claims; assigned to Goldman Sachs & Co. LLC.

ABSTRACT: According to some embodiments, a securities order trading system may determine, during a trading session, one or more attributes of an order destination. The attribute or attributes may be other than a price quoted or a size of an order booked on an order destination. The trading system may also determine during the trading session, and based on the order destination attribute or attributes, at least one of whether to route an order to the order destination, and a proportion of the order to allocate to the order destination.

PATENT: Systems, methods, and program products for operating exchange traded products holding digital math-based assets; US 9,892,460 B1; 2/13/2018; CPC G06Q 40/04; 22 claims; assigned to Winklevoss IP.

ABSTRACT: Systems, methods, and program products for providing an exchange traded product holding digital math-based assets are disclosed. Shares based on digital math-based assets may be created using one or more computers by determining share price information based upon quantities of digital math-based assets held by a trust, electronically receiving a request from an authorized participant user device to purchase a quantity of shares, electronically transmitting a quantity of digital math-based assets to one or more destination digital asset accounts for receipt of digital math-based assets from the authorized participant based on the determined share price information and the requested quantity of shares, and electronically issuing shares to the authorized participant.

PATENT: Methods and systems for assessing underwriting and distribution risks associated with subordinate debt; US 9,892,466 B2; 2/13/2018; CPC G06Q 40/12; 18 claims; assigned to GE Corporate Financial Services, Inc.

ABSTRACT: A method for assessing underwriting and distribution risks associated with a portfolio of subordinate debt is provided. The method is performed using a computer system coupled to a database. The method includes storing in the database historical bond issue data for a period of time preceding and proceeding at least one historical liquidity event and generating a plurality of simulated subordinate debt warehouses using the computer and the historical bond issue data stored in the database. The method also includes calculating a historical loss distribution based on the plurality of simulated subordinate debt warehouses generated. The method also includes determining a value at risk for a portfolio of subordinate debt resulting from a potential liquidity event by applying the historical loss distribution to the portfolio of subordinate debt.

PATENT: Single use account pool processing system and method; US 9,892,466 B2; 2/13/2018; CPC G06Q 40/12; 18 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments are directed to systems, apparatus, and methods for account pool processing. In some embodiments, a server computer can store account information for a first pool of accounts and a second pool of accounts. The server computer can receive a payment request message from a buyer that identifies a payment amount and a supplier, and can determine that the payment amount corresponds to the first or second pool of accounts. If the payment amount corresponds to the first pool of accounts, the server computer can select an account from the first pool of accounts, and can transmit account information for the selected account to the supplier. If the payment amount corresponds to the second pool of accounts, the server computer can select an account from the second pool of accounts, and can transmit account information for the selected account to the supplier.

PATENT: Deploying an issuer-specific widget to a secure wallet container on a client device; US 9,886,691 B2; 2/6/2018; CPC G06Q 20/3674; 20 claims; assigned to MasterCard Mobile Transactions Solutions, Inc.

ABSTRACT: Deploying an issuer-specific widget to a wallet container on a client device is accomplished by configuring a widget to provide access to an issuer-specific service group of services that are accessible in a service tier of a multi-tier platform for providing secure transactions, determining service-provider specific resource access requirements for operating the widget, configuring a widget descriptor with the access requirements, and communicating with wallet container to ensure successful deployment of the configured widget that meets the access requirements in the widget descriptor.

Frip: Isn’t the term “widget” a joke?

PATENT: Systems and methods for mobile ordering and payment; US 9,886,706 B2; 2/6/2018; CPC G06Q 30/06; 16 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: Computer implemented methods and systems for fulfilling a customer request for a requested item purchased from a merchant is provided. The method may be performed by a tangibly embodied processing machine disposed in a customer device. The method may include (1) observing, through the input of information, an observed event that is associated with a customer; (2) associating the observed event with a corresponding order record; (3) retrieving order information from the corresponding order record, the order information including at least customer financial entity account information; (4) generating a merchant request based at least in part on the order information in the corresponding order record, the merchant request including at least customer identification information and customer financial entity account information; and (5) outputting the merchant request to the designated merchant, so as to provide the designated merchant with information to fulfill the customer request.

PATENT: System and method for building dynamic hierarchy for products; US 9,886,707 B1; 2/6/2018; CPC G06Q 30/0601; 18 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: According to an embodiment of the present invention, an automated computer implemented system and method for dynamically building a product hierarchy comprises: an input configured to receive product data for a plurality of products where each product has an associated a unique addressing scheme, the unique addressing scheme comprising a location identifier, a parent identifier, an object identifier and a position identifier for each product, wherein the position identifier represents each product's position within the product hierarchy; a processor configured to dynamically build a system hierarchy based on the addressing scheme for each product; and an output configured to generate the product hierarchy on an user interface.

PATENT: Method, apparatus and interface for trading multiple tradeable objects; US 8,793,181 C1 (11,245th); 2/6/2018; CPC G06Q 40/04; 72 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: An interface for trading multiple tradeable objects includes a price axis or scale. A first indication of quantities represented in a market for a first tradeable object is displayed in association with the price axis or scale. A second indication of quantities represented in the market for a second tradeable object is displayed in association with the price axis or scale. The first tradeable object may be different than the second tradeable object. Alternatively, the first tradeable object and the second tradeable object may be the same, but the indications of quantity may be provided from different sources, such as different exchanges.

PATENT: Insurance marketing methods; US 9,886,722 B1; 2/6/2018; CPC G06Q 30/0601; 18 claims; assigned to Esurance Insurance Services, Inc.

ABSTRACT: A method of purchasing and selling insurance includes transmitting property information, having the property information analyzed, modifying at least one quotation calculation underwriting rule based on the analysis of the information, creating an insurance pricing model based on the modified underwriting rule, transmitting and receiving the insurance quote, and purchasing insurance via computer. A method for modifying insurance coverage including transmitting property information and existing policy information to a first insurance provider, generating a document directed to a second insurance provider authorizing cancellation of the existing insurance policy and directing the second insurance provider to remit a refund payment.

Frip: Why isn’t this a patent-ineligible abstract idea?

PATENT: Method for multi-level data presentation for year to year changes in tax liability; US 9,886,725 B1; 2/6/2018; CPC G06Q 40/123; 16 claims; assigned to Intuit Inc.

ABSTRACT: The methods described herein are suitable for use in explaining changes in the net federal tax between a current year and a preceding year (e.g., year-over-year changes). Thus, the methods have suitability for comparing taxes due amounts between different tax years as well as refund amounts between different tax years. The computing device presents to a user of the tax preparation software a multi-level data presentation of the reasons contributing to the differences in tax liability between a current year and a preceding year. In one aspect, the reasons may be expanded or collapsed to sure more or less detail depending on user preference.

Frip: And maybe another abstract idea?

PATENT: System and method for automated debiting and settling of financial transactions; US 9,881,285 B1; 1/30/2018; CPC G06Q 20/108; 11 claims; assigned to Citicorp Credit Services, Inc.

ABSTRACT: A method and system for automated settlement and on-line debiting of a financial transaction, such as an emergency-cash transaction, is provided. A bank customer enters a foreign-branch bank and indicates a need for emergency cash. The customer is given a telephone by which the customer communicates with an interactive-voice response system in the customer's language. The system bridges the customer with the customer's home bank, which approves the requested emergency cash. A network in communication with the voice response system and with the issuer automatically initiates an on-line debiting of an account of the customer. The network also initiates and carries out settlement between the acquirer and the issuer by way of settlement accounts.

Frip: Citicorp, making an infrequent appearance.

PATENT: Methods and systems for secure mobile device initiated payments using generated image data; US 9,881,297 B2; 1/30/2018; CPC G06Q 20/3274; 14 claims; assigned to MasterCard International Incorporated.

ABSTRACT: Systems, methods, processes, computer program code and means for conducting a payment transaction are provided which include activating a payment application of a mobile device, generating, using the payment application, an optical image representing payment account information associated with the payment application, said payment account information including at least one of a payment account number, an expiry date of the payment account number, and a dynamic verification code generated by the payment application; and presenting the optical image to a merchant transaction terminal for scanning to conduct the payment transaction.

PATENT: Credit card system and method; US 9,881,298 B2; 1/30/2018; CPC G06Q 20/34; 43 claims; assigned to Orbis Patents Limited (IE).

ABSTRACT EXCERPT: A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to "card remote" transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for "card present" transactions, so called "skimming" fraud is eliminated.

PATENT: Wireless devices for storing a financial account card and methods for storing card data in a wireless device; US 9,881,306 B2; 1/30/2018; CPC G06Q 20/405; 28 claims; assigned to Capital One Financial Corporation.

ABSTRACT: A wireless device is enabled to receive a financial account card that is inserted into a card slot of the wireless device. The wireless device reads card data from the financial account card when it is inserted into the slot and programs an RFID (radio frequency identification) tag or a memory included in the wireless device. The wireless device may then be used to provide payment by transmitting the card data via radio frequency to a nearby RFID reader using the RFID tag. The financial account card may also be ejected from the wireless device and swiped by a magnetic card reader.

PATENT: Systems and methods for providing seamless transitions between graphical images on a binary options interface; US 9,881,337 B2; 1/30/2018; CPC G06Q 40/04; 18 claims; assigned to Cantor Futures Exchange, L.P.

ABSTRACT: Methods, apparatus and article of manufactures for providing seamless transitions between graphical images on a binary options interface. An user-input is received on a touch-sensitive display of the binary options interface. The user-input corresponds to a request for a transformation of a graphical image that is displayed on the binary options interface. The binary options interface is integrated into a mobile device. In response to the user-input, an updated graphical image is generated. The updated graphical image is displayed to replace the graphical image on the binary options interface. The graphical image to the updated graphical image comprises a continuously displayed image.

PATENT: System and method for automated trading of financial interests; US 9,881,338 B2; 1/30/2018; CPC G06Q 40/04; 7 claims; assigned to Aequitas Innovations Inc. (CA).

ABSTRACT: A derived order gives a participant simultaneous access to liquidity across multiple books, destinations, or marketplaces. The derived order can be placed and anchored in one trading venue and simultaneously replicated in another trading venue. A participant can place the derived order in the lit book as an anchor book and replicate the order in the hybrid book and/or the dark book, or alternatively, the participant can place the derived order in the hybrid book as an anchor book and replicate the order in the dark book. A trading engine can be configured to replicate an order in different books and guarantee that each order is only executed once. When an order is replicated, the trading engine can check the stored record to see where the order was placed, and then adjust or cancel an order in one book when it is being fulfilled in a different book.

PATENT: Project economics analysis tool; US 9,881,339 B2; 1/30/2018; CPC G06Q 40/06; 3 claims.

ABSTRACT: The present invention is applicable in the field of corporate finance, corporate capital investments, economics, math, risk analysis, simulation, decision analysis, and business statistics, and relates to the modeling and valuation of investment decisions under uncertainty and risk within all companies, allowing these firms to properly identify, assess, quantify, value, diversify, and hedge their corporate capital investment decisions and their associated risks.

PATENT: Method for securing a transaction performed by bank card; US 9,875,474 B2; 1/23/2018; CPC G06Q 20/40145; 6 claims; assigned to Compagnie Industrielle et Financiere d’Ingenierie (FR).

ABSTRACT: A method is provided for securing a transaction made by bank card, the transaction involving a remote provision, by a user, of data existing in a bank card in his possession. The method includes: obtaining data existing in the bank card to be used, called textual data; obtaining at least one portion of the textual data in the form of an audio data stream, called a sound sample, resulting from reading the data existing in the bank card to be used; computing a current voice signature from said sound sample; comparing said current voice signature with a reference voice signature pre-recorded and associated with the textual data of the bank card; and when the reference voice signature differs from the current voice signature by a value greater than the first value defined by a predetermined parameter, for rejecting the transaction.

PATENT: Systems and methods for fraud detection by transaction ticket size pattern; US 9,875,475 B2; 1/23/2018; CPC G06Q 20/4016; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method and system for detecting fraud in a payment card network using a pattern of transaction ticket size are provided. The method including receiving transaction information, for a current financial transaction, from at least one of a merchant point of sale (POS) device and a merchant website, the transaction information including a current transaction amount, the transaction information associated with a single payment card cardholder, retrieving a predetermined number of historical transactions for the single cardholder based on the transaction information, and generating a historical spend ticket size pattern based on average ticket size and dispersions for at least one of the same store, similar stores, and relevant merchant categories. The method further including comparing the current transaction amount to the historical spend ticket size pattern and generating a recommendation for approval or decline of the current financial transaction based on the comparison.

PATENT: Wireless devices for storing a financial account card and methods for storing card data in a wireless device; US 9,875,476 B2; 1/23/2018; CPC G06Q 20/405; 30 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Systems and methods for completing a transaction using biometric validation and data received from a wireless device are provided. The method comprises wirelessly receiving card data or information associated with the card data from a wireless device, the card data being associated with a card user, and authorizing for transmission, by one or more processors, the card data or the information associated with the card data, to complete the transaction, wherein the card data or information associated with the card data is received after validation of a first entity as the card user, and validation of the first entity as the card user is based on first biometric data received by an electronic device from the first entity.

PATENT: System and method for leveraging location to enhance banking services; US 9,875,478 B1; 1/23/2018; CPC G06Q 30/00; 10 claims; assigned to Misys International Banking Systems Limited (GB).

ABSTRACT: Methods, machine-readable media, apparatuses and systems are provided to provide an application platform that provides the ability to track and report the location of customers of various organizations such as retailers, banks and other service organizations. In one embodiment, customers' locations are tracked via automatic check-in with a centralized location service via channels of such organizations such as corporate websites, ATMs, POS terminals and so forth. In one embodiment, customers' locations are tracked via third-party websites such as social networking websites via manual and/or automated check-in with check-in facilities on such websites. Organizations, with appropriate, permissions can then inquire on, inter alia, customers' last known location.

PATENT: Method and system for providing financial performance data associated with a merchant; US 9,875,506 B2; 1/23/2018; CPC G06Q 40/02; 19 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method implemented using a computing device in communication with one or more memory devices is provided. The method includes receiving a request from a client computing device to provide financial performance data for at least a first merchant of a plurality of merchants, retrieving transaction data associated with the plurality of merchants from the one or more memory devices wherein the transaction data is associated with payments processed through a payment network, comparing the transaction data associated with the first merchant to the transaction data associated with each of the plurality of merchants to determine at least one ranking of the first merchant relative to the plurality of merchants based on at least one financial performance factor, and transmitting the at least one ranking to the client computing device, in response to the request, without providing a name of the first merchant.

PATENT: Graphical order entry user interface for trading system; US 9,875,507 B2; 1/23/2018; CPC G06Q 40/04; 25 claims; filed by BGC Partners, Inc.

ABSTRACT: On a display terminal of an electronic trading system, a graph is displayed having a first axis and a second axis, wherein the graph includes a curve corresponding to a range of values of a financial instrument. A user is allowed to select a portion of the graph. In response to the user selection of the portion of the graph, a trading dialog box is displayed on the display of the workstation, the dialog box being automatically populated with values for trading, the values based on the values of the selected portion of the graph.

Frip: Software per se perhaps?

PATENT: Establishing direct, secure transaction channels between a device and a plurality of service providers via personalized tokens; US 9,870,559 B2; 1/16/2018; CPC G06Q 20/3227; 1 claim; assigned to MasterCard Mobile Transactions Solutions, Inc.

ABSTRACT+: Methods and systems are provided for supporting electronic transactions, including transactions that are provided with per-user, per-device and per-domain security across domains of multiple service providers. Methods and systems disclosed herein include methods and systems for receiving a request from a first facility at a second facility; and transmitting an acknowledgement to the request from the second facility to the first facility.

PATENT: Method and system for integration of market exchange and issuer processing for blockchain-based transactions; US 9,870,562 B2; 1/16/2018; CPC G06Q 20/40; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method for authorization of a blockchain transaction includes: storing account profiles, each profile including an account identifier, fiat amount, and blockchain amount; receiving a transaction message, the transaction message being formatted based on transaction message standards and including a first data element that includes a specific account identifier and a second data element reserved for private use that includes a network identifier and transaction amount; identifying a specific account profile that includes the specific account identifier; identifying a risk value based on the transaction amount and at least one of: the fiat amount and blockchain amount; determining authorization of a transaction based on the identified risk value; modifying the transaction message based on the authorization determination; and transmitting the modified transaction message.

Frip: The blockchain patent deluge begins.

PATENT: Wireless devices for storing a financial account card and methods for storing card data in a wireless device; US 9,870,563 B2; 1/16/2018; CPC G06Q 20/40145; 22 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Systems and methods for completing a transaction using biometric identification data received at a wireless device are provided. Card data associated with a card user is received from a card reader communicatively connected to one or more processors in the wireless device. The received card data or encrypted data associated with the card data is stored in a memory of the wireless device. First biometric identification data of a first entity is received from an input device in the wireless device. The one or more processors compare the received first biometric identification data to user identification data associated with the card user, and authorize, based on the comparison, transmission of the card data or the encrypted data to complete for the transaction when the user identification data corresponds to the received first biometric data.

PATENT: Systems and methods for risk based decisioning; US 9,870,564 B2; 1/16/2018; CPC G06Q 20/4016; 25 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method and system for creating an assurance level based on authentication data attributes using a computer device coupled to a database are provided. The method includes receiving an authorization request associated with the financial transaction from the sender, the authorization request including a fraud risk assessment of the financial transaction determined by the sender using an authentication response received from the computer device by the sender, the authorization request including one or more reason codes associated with the sender fraud risk assessment. The method further includes transmitting the received authorization request to an issuer associated with the cardholder.

PATENT: Credit utilization tracking and reporting; US 9,870,589 B1; 1/16/2018; CPC G06Q 40/025; 15 claims; assigned to ConsumerInfo.com.

ABSTRACT: Credit utilization of a plurality of credit lines associated with a consumer may be stored and/or determined for multiple points in time. Credit utilization at each point in time may be used to indicate a relationship between a total credit limit and an available credit amount for respective credit lines at respective points in time. A computer system may determine one or more thresholds for respective credit lines, which may indicate levels at which a credit score of the consumer may be affected by credit utilization above the respective thresholds. The levels at which a credit score of the consumer may be affected may be determined based on information accessed from one or more credit bureaus and one or more credit score formulae used by the one or more credit bureaus.

PATENT: Dynamic price axes; US 9,870,590 B2; 1/16/2018; CPC G06Q 40/025; 15 claims; assigned to BGC Partners, Inc.

ABSTRACT: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface displays a bid price axis and an ask price axis, as well as corresponding sizes, and an indication of the inside market. When the inside market changes in response to changing market conditions, the indication of the inside market changes locations before being restored to its original location by shifting the bid and ask prices in a direction parallel to the bid or ask price axis. The user may enter trade commands at different price levels using an input device. In order to help prevent such trade commands from being entered at erroneous price levels, the system locks a pointer associated with the input device to a price the user points to during the shifting process, unless the pointer is moved away from that price.

PATENT: Vehicle interface; US 9,864,972 B2; 1/9/2018; CPC G06Q10/10; 20 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT EXCERPT: One or more embodiments of techniques or systems for intelligent data presentation are provided herein. Data can be presented on similar devices having different characteristics in different manners. For example, data may be rendered in a first manner on a first device having one monitor, the same data may be rendered in a second manner on a second device having two displays or a different display size. Financial information, sales data, banking information, etc. may be presented in a variety of ways based on capabilities or properties of a device accessing the information or data.

Frip: Software per se? Mere data display?

PATENT: Transferring funds between financial accounts of two accountholders; US 9,864,976 B2; 1/9/2018; CPC G06Q20/10; 36 claims; assigned to Simple Finance Technology Corp.

ABSTRACT: A facility for initiating a funds transfer operation is described. The facility displays on a mobile device identity verification information for other people each associated with another mobile device within a maximum distance. For example, the displayed identity verification information may be a picture of the person. The user may select one of these in order to initiate a funds transfer operation to the selected person.

PATENT: Systems and methods for payment at a point of sale; US 9,864,981 B1; 1/9/2018; CPC G06Q20/202; 20 claims; assigned to USAA.

ABSTRACT EXCERPT: Systems and methods are provided for making purchases at a merchant point-of-sale (POS) device using a mobile device. Transaction information may be communicated from the POS device to the mobile device and an authorization from the purchaser to proceed with the transaction returned to the POS device from the mobile device. After authorization, the POS device may communicate the transaction information together with an identifier of the mobile device to a financial institution to process payment.

PATENT: Image recognition-based payment requests; US 9,864,982 B2; 1/9/2018; CPC G06Q 20/32; 21 claims; assigned to The Toronto-Dominion Bank.

ABSTRACT EXCERPT: The present disclosure involves systems, software, and computer implemented methods for sending payment requests to one or more persons or entities based on images in which the persons or entities appear.

PATENT: Apparatuses and methods for operating a portable electronic device to conduct mobile payment transactions; US 9,864,984 B2; 1/9/2018; CPC G06Q 20/3227; 25 claims; assigned to Apple Inc.

ABSTRACT EXCERPT: Methods for operating a portable electronic device to conduct a mobile payment transaction at a merchant terminal are provided. The electronic device may verify that the current user of the device is indeed the authorized owner by requiring the current user to enter a passcode. If the user is able to provide the correct passcode, the device is only partly ready to conduct a mobile payment. In order for the user to fully activate the payment function, the user may have to supply a predetermined payment activation input such as a double button press that notifies the device that the user intends to perform a financial transaction in the immediate future.

PATENT: Transmitter and method for substantially reducing dead zones in an inductive contactless mobile payment system; US 9,864,985 B2; 1/9/2018; CPC G06Q 20/341; 22 claims; assigned to Samsung Pay, Inc.

ABSTRACT: A transmitter to generate a signal to be read by a reader is described. The transmitter includes a driver circuit; and at least two inductors connected to the driver circuit. The driver circuit controls the current flow through the inductor and the current flow results in a signal such that the signal strength is above the detection limit of the reader for each of the inductors which may have at least one null region. Additionally, the inductors are positioned such that the null regions of the inductors do not overlap.

PATENT: Associating a monetary value card with a payment object; US 9,864,986 B1; 1/9/2018; CPC G06Q 20/342; 20 claims; assigned to Square, Inc.

ABSTRACT: Methods and apparatuses related to linking a monetary value card with a payment card. In some embodiments, a payer uses a gift card to pay for a purchase. The gift card is swiped by a point of sale (POS) system, and a computer system processes a payment. The computer system causes the POS system to display a message prompting the payer to provide an email address for an electronic receipt. The payer provides the email address, which the computer system uses to determine that the payer has a payment card. The computer system sends a message to the payer asking if he would like to link the gift card with the payment card, to which the payer responds affirmatively. The payer later uses the payment card to initiate a payment, and the computer system processes the payment based on the gift card that is linked with the payment card.

PATENT: Account provisioning authentication; US 9,864,987 B2; 1/9/2018; CPC G06Q 20/36; 21 claims; assigned to Visa International Service Association.

ABSTRACT: Embodiments of the present invention are directed to methods, systems, and apparatuses for providing a secure authentication scheme for authenticating users and accounts on behalf of a service provider server computer offering services to a user. Upon determining, by the secure authentication scheme, that the user and/or account identifier associated with the user is authenticate, the service provider server computer may be provided with assurance that the user is authenticate and thereafter provide a service requested by the user.

PATENT: Payment processing for qualified transaction items; US 9,864,988 B2; 1/9/2018; CPC G06Q 20/382; 14 claims; assigned to Visa International Service Association.

ABSTRACT: Systems, methods, and apparatuses for providing a portable consumer device (e.g., a plastic card) that includes a coupon code and an account number (e.g., embedded on a magnetic stripe or a chip) where the portable consumer device is configured to apply a coupon to goods and services purchased at a merchant (e.g., store). Upon identifying the goods and services under a particular category specified by the coupon code (e.g., healthy food category), a user may pay for a predetermined portion (e.g., 50%) of the goods and services under the particular category using the portable consumer device. The user may pay for the remaining portion using a benefits card (e.g., state benefits card). As such, by allowing the user to pay for the predetermined portion using the portable consumer device, the user has incentive to purchase goods and services that fall under the particular category.

PATENT: Account authentication service with chip card; US 9,864,993 B2; 1/9/2018; CPC G06Q 20/4014; 17 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: A payment authentication service authenticates the identity of a payer during online transactions. The authentication service of the present invention allows a card issuer to verify a cardholder's identity using a variety of authentication methods, such as the use of passwords. Also, the only system participant requiring a certificate is the issuing financial institution.

PATENT: System and method for automatically authenticating a caller; US 9,864,996 B2; 1/9/2018; CPC G06Q 30/016; 17 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: Systems and methods include an input interface that receives registration information including a contact number input into a mobile device of a user, a call interface that transmits a call signal to a call center system, wherein the call signal comprises the call signal contact number that placed a call associated with the call signal and a communication interface that transmits the registration information to a profile database that stores the registration information as a profile for authenticating the mobile device user and identifying information from the mobile device of the user during the call.

PATENT: System, method and apparatus for monitoring and execution of entry and exit orders; US 7,379,909 C1; 1/9/2018; CPC G06Q 40/04; 96 claims; assigned to TradeStation Technologies, Inc.

ABSTRACT: An improved method and system to create and write a security trading strategy, back test the strategy and automatically execute and monitor the strategy in an Internet-based trading environment. The automated process automatically generates entry and exit orders and sends the entry and exit orders to the market to be filled. The automated process further monitors the entry and exit orders once they have been sent to be filled and intelligently modifies the entry and exit orders depending on market and strategy conditions.

PATENT: ACH payment processing; US 9,858,553 B2; 1/2/2018; CPC G06Q 20/023; 14 claims; assigned to Federal Reserve Bank of Minneapolis.

ABSTRACT: The invention relates generally to processing payments in an Automated Clearinghouse ("ACH"), and more particularly to efficiently processing ACH payments by processing batches of ACH payments in parallel.

PATENT: Method for providing a credit cardholder with multiple funding options; US 9,858,554 B2; 1/2/2018; CPC G06Q 20/08; 7 claims; assigned to Mastercard International, Inc.

ABSTRACT: A method and a system for providing a payment cardholder with multiple funding source options for a payment card are provided herein. First, a managing platform associates at least two funding sources with the payment card. The funding sources include a first funding source and a second funding source. Next, the first funding source is designated as a default funding source and a set of pre-defined routing rules for funding transactions made with the payment card. Then, the managing platform intercepts each transaction of the payment card and routes the transactions to an issuer funding system for the first funding source using the managing platform.

Frip: First funding source: Mom. Second funding source: Dad.

PATENT: Banking system controlled responsive to data bearing records and user input of a phone received security code; US 9,858,556 B2; 1/2/2018; CPC G06Q 20/1085; 14 claims; assigned to Diebold Nixdorf, Incorporated.

SUMMARY: This invention relates to automated banking machines that operate responsive to data read from data bearing records including user cards.

PATENT: Multi-screen automated teller machine (ATM)/automated teller assist (ATA) machines for use by wheelchair users; US 9,858,558 B1; 1/2/2018; CPC G06Q 20/1085; 23 claims; assigned to Bank of America Corporation.

ABSTRACT: An automated teller machine (ATM) including multiple user screens is provided. The ATM preferably includes an ATM processor, an ATM user information input device and/or an ATM receiver, a customer-facing ATM touch screen configured to display an initial ATM display, an ATM dispenser configured to dispense a cash withdrawal amount in the event that an ATM central processing unit (CPU) receives information relating to a selection of the cash withdrawal amount. The ATM may further include a second, customer-facing, touch screen configured to selectably display an automated teller assist (ATA) display configured to provide a video display of a live teller located at a remote location.

PATENT: GPS validation for transactions; US 9,858,565 B1; 1/2/2018; CPC G06Q 20/3224; 12 claims; assigned to USAA.

ABSTRACT: A location verification provision is implemented to determine the location of a device associated with a user at the time of an attempted transaction. The attempted transaction includes receiving user identification and/or payment information, which is associated with the device in an entry stored in a database. Location information of the device, as well as a time at each location, may also be stored in the database. To verify that the device is located at the location of the transaction, a comparison operation may be performed. If the device is located where the transaction is being processed, the transaction may be completed. Predetermined criteria may be defined to account for possible inaccuracies in location and time calculations.

PATENT: Methods and systems for mitigating fraud losses during a payment card transaction; US 9,858,571 B2; 1/2/2018; CPC G06Q 20/401; 9 claims; assigned to Mastercard International, Inc.

SUMMARY: The field of the invention relates generally to methods and systems for preventing fraud during payment card transactions, and, more particularly, to computer-implemented methods and systems for identifying a payment card transaction initiated with a specific payment card as being associated with an increased level of risk, and applying one or more rules to transactions initiated with the specific payment card.

PATENT: Secure transaction system; US 9,858,576 B2; 1/2/2018; CPC G06Q 20/405; 20 claims.

ABSTRACT: A computerized method enables a user to conduct a transaction in a private and secure manner via three computer systems and the user's partial identification information. The partial identification information is insufficient to disclose an identity of the user.

PATENT: Method and apparatus for money transfer; US 9,858,578 B2; 1/2/2018; CPC G06Q 20/405; 20 claims; assigned to MoneyGram International, Inc.

ABSTRACT: A method of staging a transaction includes receiving transaction information including a transaction type, sender and recipient information, and compliance data. A staging record is generated responsive to the transaction information, including a retrieval key for fulfillment of the transaction at an agent terminal, where the transaction proceeds if the retrieval key leads to the staging record and the compliance data are consistent with applicable rules.

PATENT: Systems and methods for aggregating and managing financial service accounts; US 9,858,617 B2; 1/2/2018; CPC G06Q 40/02; 20 claims; assigned to Capital One Financial Corporation.

ABSTRACT: The disclosed embodiments include methods and systems for providing an aggregated financial service account based on multiple private label financial accounts. In one embodiment, a process is disclosed that may include receiving a first request from a user for a first private label financial account that is usable for purchases associated with a first merchant and approving the first request for the first private label financial account. The method may also include receiving a request from the user for a second private label financial account that is usable for purchases associated with a second merchant and approving the second request for the second private label financial account. In one aspect, the method may also include generating an aggregated financial account based on the first and second private label accounts such that the aggregated financial account may be used for purchases with the first merchant or with the second merchant.

PATENT: Graphical user interface related to non-standard trading of financial instruments; US 9,858,618 B2; 1/2/2018; CPC G06Q 40/04; 12 claims; assigned to BGC Partners, Inc.

ABSTRACT: A graphical user interface related to non-standard settlement trading in financial instruments is provided. The graphical user interface preferably includes a selectable portion of a display screen related to a financial instrument and a selectable tab for accessing a selectable portion of the display screen related to one or a plurality of non-standard settlement positions with respect to the financial instrument. In one embodiment of the invention, when the tab is selected, access is provided to the selectable portion of the display screen related to the plurality of non-standard settlement positions.

PATENT: System and method for aggregating market data of financial interests; US 9,858,619 B2; 1/2/2018; CPC G06Q 40/04; 11 claims; assigned to Aequitas Innovations Inc. (CA).

ABSTRACT: Embodiments described herein relate to systems, methods, and computer readable instructions for processing data in financial interests, using automated electronic systems configured for aggregating market data relating to financial interests across multiple networked venues, including order books, venues, marketplaces, exchanges, alternative trading systems, and/or other markets, and/or various types thereof. Embodiments described herein may provide a consolidated view of market data specific to a market participant that may include generic data visible and accessible to other market participants and specific data visible and accessible only by the market participant.

PATENT: Repositioning a value axis; US 9,858,620 B2; 1/2/2018; CPC G06Q 40/06; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Various embodiments of a trading screen allow a market value indicator to go out of view without necessarily triggering a command to reposition a value axis. The value axis may be repositioned to bring the market value indicator back in view when the market value indicator satisfies a threshold condition. The threshold condition is defined such that it is possible for the market value indicator to go out of view and not trigger a command to reposition the value axis. Various embodiments automatically reposition the value axis in a way that can provide the user with more overall control of the trading screen than previous trading screens.

PATENT: Method and system for determining affiliation of foreign payment card holders with domestic educational institutions; US 9,858,629 B2; 1/2/2018; CPC G06Q 50/20; 23 claims; assigned to Mastercard International, Inc.

ABSTRACT: A method and a system are provided determining affiliation of foreign payment card holders (e.g., students) with domestic educational institutions (e.g., universities and colleges). In particular, the present disclosure provides a method and a system for assessing the relative degree of proximity of the residential geolocation of the foreign payment card holders and the geolocation of the domestic educational institutions to facilitate determining whether the foreign payment card holders are affiliated with the domestic educational institutions, and also for assessing purchasing and payment behavior of the foreign payment card holders at domestic merchants. Predictive behavioral profiles are generated based on the purchasing and payment activities and shopping patterns of the foreign payment card holders by date at the domestic merchants, and the relative degree of proximity of the residential geolocation of the foreign payment card holders with the geolocation of the domestic educational institutions.

Frip: Wonder if The Donald had anything to do with this Big Bro Patent?

PATENT: Systems and methods for providing near field communications; US 9,852,419 B2; 12/26/2017; CPC G06Q 20/327; 20 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Methods and systems are disclosed for providing Near Field Communications. In certain embodiments, an Android mobile operating system based mobile device is configured with software that, when executed by one or more processors, determines whether the mobile device is to perform an NFC communication with a contactless payment terminal (CPT) using a secure element associated with an NFC controller included in the mobile device. Based on the determination, the mobile device is configured to execute software that performs communications with the CPT using the NFC controller.

Frip: Cap One gettin’ into geek stuff.

PATENT: Dual/multiple pin payment account; US 9,852,425 B2; 12/26/2017; CPC G06Q 20/4012; 28 claims; assigned to MasterCard International Incorporated.

ABSTRACT: The present invention relates to a method of authorizing a transaction process, whereby a communication between a payment device and a payment processing network is established. Subsequently a transaction is initialized at the payment device, the input of a first User Identification Metric (UIM) is requested, the input of a second UIM is requested, the first and second UIMs are verified and the transaction process proceeds if both UIMs are verified.

PATENT: Opt-in/opt-out in loyalty system; US 9,852,437 B2; 12/26/2017; CPC G06Q 30/0226; 12 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: Techniques for changing a participation status in a loyalty program for a portable device are provided. The techniques include receiving an indication to change the participation status in the loyalty program from a first status to a second status. A parameter is modified in the portable device where the modification of the parameter corresponds to a change in the participation status in the loyalty program from the first status to the second status.

PATENT: Systems and methods for peer-to-peer reward points transfer over mobile devices; US 9,852,438 B2; 12/26/2017; CPC G06Q 30/0226; 20 claims; assigned to MasterCard International Incorporated.

SUMMARY: The field of the disclosure relates generally to reward points programs, and more particularly, to systems and methods for facilitating peer-to-peer transfers of reward points using mobile devices.

PATENT: Time period analysis tools for wealth management transactions; US 9,852,470 B1; 12/26/2017; CPC G06Q 40/02; 12 claims; assigned to The PNC Financial Services Group, Inc.

ABSTRACT: Enhanced processes, methods, tools, strategies, and techniques are provided for more effectively and efficiently processing, managing, analyzing, and communicating wealth related data and other financial information within a computing environment. In various embodiments, the analysis tools provided herein have been designed to correspond visually with a mental model employed by many clients in managing their wealth.

PATENT: System and method for automated commodities transactions including an automatic hedging function; US 7,418,423 C1; 12/26/2017; CPC G06Q 40/04; 29 claims; assigned to Farms Technology, LLC (Claims cancelled as result of Reexamination Request).

ABSTRACT: An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.

PATENT: Trading software; US 9,852,472 B1; 12/26/2017; CPC G06Q 40/04; 14 claims.

SUMMARY: The present invention is software for trading. It sets new standards for the trading industry by offering a simplistic vertical execution platform that minimizes one-click execution errors by placing "Buy" and "Sell" buttons vertically. The present invention comprises an array of proprietary features that add redundancy and confirms that a correct trading transaction will be executed. The present invention diminishes the number of errors when executing a trading transaction. The present invention also reduces the learning curve for new traders, whereby it mimics the direction in which price actions flow, vertically up and down. Utilization of the present invention enhances a trader's performance and experience in live trading conditions under duress by simplifying the decision-making process and enabling traders to execute correct trading transactions.

PATENT: Case management interface; US 9,852,476 B2; 12/26/2017; CPC G06Q 40/12; 20 claims; assigned to Visa International Service Association.

ABSTRACT: Case management interface provides correlation among a plurality of transaction orders in an interactive graphical format. A visualization window displays a plurality of transaction orders that are visually connected based on one or more common data elements associated with the transaction orders. The visualization window can allow a user to interact with different elements of the display to analyze the relationship between order data elements, view order details, reject or accept orders or mark an order as suspect. Different layout options are available to enhance the visualization of the transaction order data.

PATENT: Organizational reference data and entitlement system with entitlement generator; US 9,846,847 B2; 12/19/2017; CPC G06Q 10/00; 6 claims; assigned to Morgan Stanley.

ABSTRACT: A system including a centralized organizational information system in communication with a centralized organizational information database and an entitlement generator in communication with the centralized organizational information system, wherein the entitlement generator is configured to automatically generate at least one executable entitlement rule based on an input rule. The system also includes a federated set of entitlements engines in communication with the entitlement generator and a plurality of entitlement databases, wherein each of the entitlements engines is for determining whether a user is entitled to access secured resources requested by the user based on the executable entitlement rule.

PATENT: Upstream and downstream data conversion; US 9,846,861 B2; 12/19/2017; CPC G06Q 20/085; 23 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: One embodiment of the invention is directed to implementing a broker system to accept confidential information from upstream trading partners, retrieve tokens from the tokenization service, send tokens to the merchant ordering system, and forward confidential information to downstream trading partners. By using a broker system, the merchant ordering system could store and use tokens to identify orders in its system instead of confidential information, which can help protect the confidential information in the event of a security breach.

PATENT: Multi-directional wallet connector apparatuses, methods and systems; US 9,846,862 B2; 12/19/2017; CPC G06Q 20/105; 9 claims; assigned to Visa International Service Association.

CLAIM 1:  A user-merchant reference linking processor-implemented method, comprising:

receiving, via a processor, a wallet credential log-in request;

creating a user-merchant relationship identifier, wherein the user-merchant relationship identifier is merchant specific;

storing user-merchant actions and associating the user-merchant actions with the user-merchant relationship identifier;

associating non-merchant specific user history with a user history identifier, wherein the user history identifier is related to the user-merchant relationship identifier;

performing a user-merchant action to obtain a wallet user interface;

mapping the wallet user interface into a native wallet user interface of a native wallet application; and

generating a native wallet user interface widget for extension of the native wallet application.

PATENT: Processing of financial transactions using debit networks; US 9,846,866 B2; 12/19/2017; CPC G06Q 20/20; 22 claims; assigned to First Data Corporation.

ABSTRACT EXCERPT: Methods and systems are disclosed for executing financial transactions between customers and merchants. An identifier of a financial account is received from the customer at a merchant system. A one-time password is also received from the customer at the merchant system, with the customer having been provided with the one-time password by a mobile electronic device or contactless presentation instrument. A cryptogram is generated to include the identifier of the financial account encrypted using the one-time password. An authorization request is formulated at the merchant system.

PATENT: System and method for point-of-sale electronic receipt generation and management; US 9,846,867 B2; 12/19/2017; CPC G06Q 20/202; 4 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: There is provided a system and a method for the generation and management of point-of-sale (POS) electronic payment transaction receipts. The system and method include a POS component that performs a transaction at a location at which a customer and the POS component are physically present together generates content relating to the transaction; and a payment card that identifies a contact address to which an electronic receipt is to be sent. The POS component generates the electronic receipt based on the content relating to the transaction and causes the electronic receipt to be sent to the contact address identified on the payment card.

PATENT: Method and system for improving the collection; US 9,846,868 B2; 12/19/2017; CPC G06Q 20/202; 5 claims; assigned to Oney Bank (FR).

ABSTRACT: A method of updating a cash register system including a cash register program configured to interact with at least one cash register peripheral under the control of a control module. The method includes a step of inspection, at the control module, of the interactions between the cash register program and the at least one cash register peripheral; a step of processing at least one inspected interaction, the processing step being selected from within the group including the reformulation of an interaction, the modification of an interaction, the copying of an interaction, the extraction of data from an interaction, the reorientation of an interaction.

PATENT: Secure government transactions; US 9,846,869 B2; 12/19/2017; CPC G06Q 20/206; 7 claims; assigned to American Express Travel Related Services Company, Inc.

SUMMARY: A system, method, and computer readable medium (collectively, the "system") is disclosed for secure government transactions. The method may include receiving an authorization request from a department of defense point of sale for a transaction, wherein the authorization request is associated with a transaction account and the transaction account is associated with a transaction instrument comprising a department of defense identification code; receiving a verification of the department of defense identification code from a department of defense datacenter; and transmitting an authorization response to the department of defense point of sale.

PATENT: Trusted internal interface; US 9,846,873 B2; 12/19/2017; CPC G06Q 20/322; 20 claims; assigned to Visa International Service Association.

ABSTRACT: An interface and device architecture for a payment device. An interface between a payment application installed in a payment device and one or more value-add applications (such as loyalty programs, transit applications, etc.) that are also installed in the payment device. The API or interface design permits communications and data transfer between the payment application and one or more value-add applications. This reduces (and in some cases may prevent) the need for back-end server processing of data that may be relevant to both a payment transaction and to a function of the value-add application. Similarly, the same or another API or interface may enable communications and data transfer between a value-add application and the payment application.

Frip: Do you trust your internal interface?

PATENT: Payment account identifier system; US 9,846,878 B2; 12/19/2017; CPC G06Q 20/4016; 20 claims; assigned to Visa International Service Association.

ABSTRACT: A method for utilizing a non-transactable account identifier with a payment token is disclosed. The non-transactable account identifier can have the same format as a primary account number (PAN) and the payment token, but is not used to conduct a payment transaction.

PATENT: Bank account number validation; US 9,846,879 B2; 12/19/2017; CPC G06Q 20/425; 20 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: A method for validating payment information for an online transaction is provided. A payment server can receive two representations of the same payment information. The payment information can be validated if it is determined that the two representations match. If there is no match, or the payment information is otherwise invalid, the payment information can be repaired based on a trusted representation of the payment information, such as stored payment information or an image of an associated value token.

PATENT: Product recall platform apparatuses, methods and systems; US 9,846,880 B2; 12/19/2017; CPC G06Q 30/014; 27 claims; assigned to Visa International Service Association.

SUMMARY: Embodiments of the PR Platform provide cost effective and targeted notifications to consumers who have purchased a product that has been recalled by a manufacturer of the product.

PATENT: Method and apparatus for reward calculation and disbursement; US 9,846,888 B2; 12/19/2017; CPC G06Q 30/0226; 11 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: In an embodiment, a transaction clearing computer of a payment processing network receives the purchase transaction data from a plurality of acquirer financial institutions. A rewards system computer of the payment processing network identifies individual purchase transactions that qualify for customer rebates pursuant to rewards programs and based on the purchase transaction data, and then initiates crediting of rebate amounts from acquirer financial institutions to payment card accounts of cardholders at issuer financial institutions.

PATENT: Gateway abstraction layer; US 9,846,905 B2; 12/19/2017; CPC G06Q 40/00; 25 claims; assigned to Visa International Service Association.

ABSTRACT: Systems, gateway computers, and methods for using a gateway abstraction layer and application platform interfaces for conducting service transactions are disclosed. A gateway abstraction layer computers can receive service requests in multiple message formats or communication protocols, transform those service requests into other message formats to process the service using one or more networks or third-party service providers. The results of the service request can then be translated back to the message format in which the original service request was received. The gateway abstraction layer can be maintained using update messages received from service providers.

PATENT: Digital bank branch; US 9,846,906 B1; 12/19/2017; CPC G06Q 40/02; 28 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: A digital bank branch system is provided for associating a customer communicating over a network with a banking host system with a physical bank branch. The digital bank branch system includes at least one computer memory storing customer information and instructions and at least one computer processor accessing and executing the stored instructions to perform multiple steps.

PATENT: Directed order; US 9,846,909 B2; 12/19/2017; CPC G06Q 40/04; 18 claims; assigned to NYSE Group, Inc.

ABSTRACT: A directed order process and related market center are disclosed, wherein a market center grants permission to order sending firms to send directed order flow to participating designated market makers. Such designated market makers create a virtual guarantee order book for each permissioned order sending firm. If an order sending firm sends a directed order to the market center that is marketable against a virtual guarantee order, then the market center automatically pairs the orders in a two-sided directed cross order instruction, which executes against any superior trading interest in the marketplace first before crossing.

PATENT: Automated trading system in an electronic trading exchange; US 9,846,910 B2; 12/19/2017; CPC G06Q 40/04; 37 claims; assigned to DCFB LLC.

ABSTRACT: An electronic exchange system network includes a trader site having an automated trading system capable of submitting orders to an exchange site. The automated trading system determines whether an order should be submitted based on, for example, the current market price of an option and theoretical buy and sell prices. The theoretical buy and sell prices are derived from, among other things, the current market price of the security underlying the option. A look-up table stores a range of theoretical buy and sell prices for a given range of current market price of the underlying security. As the price of the underlying security changes, a new theoretical price may be indexed in the look-up table, thereby avoiding calculations that would otherwise slow automated trading decisions. In addition, a system of checks may be conducted to ensure accurate and safe automated trading.

PATENT: Monetary transaction system; US 9,842,325 B2; 12/12/2017; CPC G06Q 20/10; 3 claims; assigned to Mozido, Inc.

ABSTRACT EXCERPT: Embodiments are directed to monetary transaction system for conducting monetary transactions between transaction system subscribers and other entities. In one scenario, the monetary transaction system includes a mobile device that runs a monetary transaction system application. The monetary transaction system also includes a subscriber that has a profile with the system. The subscriber indicates a transaction that is to be performed with the monetary transaction system.

PATENT: Systems and methods for processing a financial transaction; US 9,842,332 B2; 12/12/2017; CPC G06Q 20/3276; 19 claims; assigned to American Megatrends, Inc.

ABSTRACT EXCERPT: Systems and methods for processing a financial transaction are provided. A representative system of processing a financial transaction comprises a product dispensing device that encodes and outputs public transaction data related to a purchasable item. A portable computing device receives the public transaction data and encodes a payment data with the received public transaction data. A payment processing server receives and processes the encoded data, and determines whether a transaction can be completed based on the encoded data.

PATENT: Identifying risky transactions; US 9,842,334 B1; 12/12/2017; CPC G06Q 20/382; 18 claims; assigned to EMC IP Holding Company LLC.

ABSTRACT EXCERPT: A technique identifies risky transactions by mapping raw user location data to a particular cell in a fixed grid. Along these lines, when a user initiates a transaction with a service provider over a mobile device, the service provider collects raw location data such as a latitude and longitude for the user and transmits the location data to an adaptive authentication server. The adaptive authentication server then accesses a fixed set of geographical areas overlaid on a map of the Earth. The adaptive authentication server finds a particular geographical area which contains the latitude and longitude for the user.

Frip: Big Bro, keepin’ track of your sorry butt.

PATENT: System and method for authenticating a payment terminal; US 9,842,335 B2; 12/12/2017; CPC G06Q 20/38215; 19 claims; assigned to Toronto-Dominion Bank.

ABSTRACT: A method of authenticating a payment terminal, involves the terminal generating a terminal activation request from a private encryption key and from at least one terminal credential that is uniquely associated with the terminal. The terminal activation request includes a public encryption key. The public encryption key and the private encryption key comprise an asymmetric encryption key pair. The terminal transmits the terminal activation request to a certificate server, and receives an activation response from the certificate server in response. The activation response includes a digital authentication certificate that includes the public encryption key. The terminal authenticates to a computer server, that is distinct from the certificate server, using the digital authentication certificate.

PATENT: Risk assessment rule set application for fraud prevention; US 9,842,336 B2; 12/12/2017; CPC G06Q 20/4016; 20 claims; assigned to Visa International Service Association.

ABSTRACT: Rules, applied to deny authorization of likely fraudulent transactions, are derived from a modified Patient Rule Induction Method algorithm that uses a target variable and a data set of past transactions each associated with a plurality of input variables and a hyper-rectangle enclosing a multi-dimensional space defined by a representation of the input variable values as points within the multi-dimensional space. While a count of the points within the hyper-rectangle is greater than a minimum support parameter, a first plurality of points proximal to edges of the hyper-rectangle are removed, where each such removing maximizes a mean value of the target variable, and then, while the mean value remains maximized, a second plurality of points proximal to the edges is added, where each adding maximizes or maintains the mean value. The hyper-rectangle is bounded within a minimum bounding box that defines the rules.

Frip: Huh?

PATENT: Method and system for providing merchant referrals to consumers; US 9,842,359 B2; 12/12/2017; CPC G06Q 30/0631; 14 claims; assigned to MasterCard International Incorporated.

ABSTRACT: The present disclosure relates to the processing of consumer referrals, specifically the referring of a consumer from a first physical location (e.g., a first merchant) identified using a machine-readable code to another physical location having similar characteristics (e.g., a second merchant).

PATENT: Market data recovery; US 9,842,366 B2; 12/12/2017; CPC G06Q 40/00; 20 claims; assigned to Chicago Mercantile Exchange Inc.

ABSTRACT: Networks, systems and methods for recovering data messages from a market data stream and for building a book for a financial instrument are disclosed. An out-of-band data stream related to an as-of state of the market for one or more financial instruments is distributed parallel to a stream of market data for the financial instrument. The as-of data stream is referenced to the financial according to a unique identifier of the messages of the market data stream. The as-of data for a financial instrument may be provided at periodic rate that may be varied according to one or more factors.

PATENT: Centralized financial account migration system; US 9,842,367 B2; 12/12/2017; CPC G06Q 40/02; 22 claims; assigned to ClickSWITCH, LLC.

ABSTRACT EXCERPT: Systems and methods for migration of financial account settings are disclosed. One system includes a migration server. The migration server includes a database for tracking account settings migration including one or more switch tracking numbers associated with account migrations. The migration server further includes a web interface configured to receive from a user a switch tracking number, identification and login information associated with one or more existing financial accounts, and login information associated with a target financial account.

PATENT: Apparatuses, methods and systems for a high density financial asset information display; US 9,842,368 B2; 12/12/2017; CPC G06Q 40/06; 24 claims; assigned to Goldman Sachs & Co.

ABSTRACT EXCERPT: The disclosure teaches a High Density Financial Asset Information Display which provides a high density, straightforward, unified, compact, dynamic and comprehensive display interface that presents users with a high volume of easy to understand financial asset information including the current buy and sell prices, the current price direction, the amount of time the asset pair is traded at each price, and the change in price over multiple time frames.

PATENT: Systems and methods for point of sale deposits; US 9,836,727 B1; 12/5/2017; CPC G06Q 20/108; 20 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: The disclosed embodiments include systems and methods for executing a point of sale deposit. In one embodiment, a system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive transaction information related to a point of sale deposit from a client device, and generate a pending deposit transaction based on the transaction information.

Frip: Interesting concept. Let’s see if it catches on.

PATENT: Systems and methods for point of sale deposits; US 9,836,727 B1; 12/5/2017; CPC G06Q 20/108; 20 claims; assigned to Capital One Financial Corporation.

ABSTRACT: The disclosed embodiments include systems and methods for executing a point of sale deposit. In one embodiment, a system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive deposit information related to a point of sale deposit from a mobile device, and generate a deposit token retaining at least the deposit information and deposit authorization information.

Frip: What’s a token?

PATENT: Payment handling; US 9,836,732 B1; 12/5/2017; CPC G06Q 20/204; 20 claims; assigned to Square, Inc.

ABSTRACT: A payment handling system may operate to handle payments for the cost of a transaction. The payment handling system may receive first information associated with a first payment instrument, receive second information associated with a second payment instrument, and cause a display to update the UI to indicate that an unallocated portion of the cost of the transaction is to be approximately split between the first payment instrument and the second payment instrument.

PATENT: Augmented reality numberless transaction card; US 9,836,736 B1; 12/5/2017; CPC G06Q 20/327; 7 claims; assigned to Wells Fargo Bank, N.A.

ABSTRACT: A method implemented on an augmented reality (AR) electronic device includes receiving a request to activate a transaction card account on a transaction card. The transaction card account is activated on the transaction card. A virtual representation of account information corresponding to the transaction card account is displayed on the AR electronic device. The exterior of the transaction card is free of account identifying information.

PATENT: Method and system for distribution of advertisements to mobile devices prompted by aural sound stimulus; US 9,836,737 B2; 12/5/2017; CPC G06Q 20/3272; 4 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method for distributing context-based data using an acoustic receiving device and a high frequency analog acoustic signal is disclosed. The acoustic receiving device a high frequency analog acoustic signal. A high frequency analog acoustic signal is of a frequency of at least 21,000 Hz and contains encoded data. The high frequency analog acoustic signal is converted to a digital acoustic signal and then analyzed to obtain the encoded data. The data is decoded to obtain information, and the information is then displayed on the acoustic receiving device.

PATENT: Inbound integrated production messages transaction file splitter; US 9,836,738 B2; 12/5/2017; CPC G06Q 20/34; 11 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A payment card transaction clearing system includes a payment card network. A file distribution system coupled to the payment card network includes a split processor configured to receive a batch of payment card transaction records from the payment card network, and split the batch of payment card transactions into one or more split files according to one or more processing agreements. A split monitor processor is configured to send the one or more split files to the payment card network.

PATENT: Changing a financial account after initiating a payment using a proxy card; US 9,836,739 B1; 12/5/2017; CPC G06Q 20/3572; 23 claims; assigned to Square, Inc.

ABSTRACT: Apparatuses and methods for changing a financial account after initiating a payment using a proxy object, such as a proxy card, are disclosed. The proxy card is associated with multiple financial accounts, such as accounts associated with credit cards, debit cards, and pre-paid gift cards. A consumer presents the proxy card to a merchant to make a payment, and the merchant swipes the proxy card and processes the payment by sending transaction information to a financial system. A computer system associated with the financial system selects a payment account associated with the proxy card to use for the payment, and an authorization for the transaction is obtained. Later, the consumer is given a limited time within which he may change the financial account used for the payment, such as by using his mobile device to select a different account associated with the proxy card to use to obtain funds for the payment.

PATENT: Systems and methods to register merchants for data processing in an electronic transaction system; US 9,836,743 B2; 12/5/2017; CPC G06Q 20/40; 16 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: A user interface to register merchants. The user interface is configured to allow a merchant to search and identify a set of transaction parameters that are used in authorization and/or settlement messages of payment transactions initiated for a store of the merchant and allow the merchant to obtain a store identifier representing the set of transaction parameters. The store identifier, for example, can be used to label offers of the store of the merchant.

PATENT: Method and system for creating a control group for campaign measurements; US 9,836,758 B2; 12/5/2017; CPC G06Q 30/0202; 18 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to the creation of control groups for campaign measurements, specifically the use of account identifiers and measurement profiles to identify a control group of consumers that corresponds to a group of consumers that are part of a campaign based on spend behaviors and microsegments.

PATENT: Method and system for consumer transactions using voice or human based gesture actions; US 9,836,780 B2; 12/5/2017; CPC G06Q 30/0641; 23 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A method of initiating a consumer transaction using a human interaction device to read voice or human based gesture actions is disclosed. Video data is transmitted from a processing device to a display device. The video is monitoring for event data corresponding to a plurality of consumer products or services, and monitored event data is received in the processing device. A consumer is notified on the display device of an eligible consumer transaction. Voice or human based gesture actions are read with a human interaction device and are analyzed. If the voice or human based gesture actions conform to a predetermined set of requirements, then a consumer transaction for the plurality of consumer products or services is initiated.

PATENT: Auctioning of announcements; US 9,836,785 B2; 12/5/2017; CPC G06Q 30/08; 16 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: An announcement distributor distributes, or auctions an opportunity to distribute, an announcement to an announcement recipient such as a consumer, issuer, merchant, or acquirer within a payment processing system. The announcement when there has been a satisfaction of an announcement condition, such as the consumer being determined to be located within a predetermined spatial zone. The content of the announcement may, in turn, facilitate a subsequent cashless transaction for resources of merchants. Implementations describe various permutations of the content of the announcement, the announcement condition, and the announcement recipient.

PATENT: Intelligent division of funds across merchant accounts; US 9,836,786 B1; 12/5/2017; CPC G06Q 40/00; 20 claims; assigned to Square, Inc.

ABSTRACT: Merchants may desire to save for a variety of reasons, such as to purchase a new piece of equipment for use at the merchant, to pay vendors for services provided to the merchant, to set up a "rainy-day fund", or the like. As such, described herein are techniques and arrangements for helping a merchant reach its savings goals by automatically saving, for the merchant, a portion of each transaction made by the merchant at a point-of-sale (POS) device of the merchant.

PATENT: System and method for configuring trade order parameters; US 9,836,788 B2; 12/5/2017; CPC G06Q 40/04; 16 claims; assigned to Trading Technologies International, Inc.

SUMMARY: The disclosure of this patent document relates generally to the field of electronic trading, and more particularly, to computer program-implemented method for configuring trade order parameters.

PATENT: Method and system for generating and operating hybrid markets and user-defined marketplaces; US 9,836,789 B2; 12/5/2017; CPC G06Q 40/04; 16 claims; assigned to Integral Development Inc.

ABSTRACT: The instant disclosure relates generally to the generation of platforms for trading financial instruments and, more specifically, to a method and system for generating and operating hybrid markets and user-defined marketplaces.

PATENT: Cryptocurrency transformation system; US 9,836,790 B2; 12/5/2017; CPC G06Q 40/04; 20 claims; assigned to Bank of America Corporation.

SUMMARY: This invention relates generally to currency exchanges involving cryptocurrency, and more specifically, to a cryptocurrency transformation system. Enterprises may handle a large number of financial transactions on a daily basis. As technology advances, financial transactions involving cryptocurrency have become more common. For some enterprises, it may be desirable to exchange currencies and cryptocurrencies.

PATENT: System for and a method of transmitting data in a central trading system; US 9,836,791 B2; 12/5/2017; CPC G06Q 40/06; 17 claims; assigned to Nasdaq Technology AB (SE).

ABSTRACT: A computerized trading system receives buy and sell trade orders in financial instruments traded in the central trading system from user terminals connected to the central trading system is provided. Users and/or user terminals are associated with different offset spread values. The trading system transmits price information and associated offset spread values to different user terminals. Each of the user terminals displays an actual price for the instrument that corresponds to the combined price information and associated offset spread value.

PATENT: System and method for asset accumulation and risk management; US 9,836,792 B2; 12/5/2017; CPC G06Q 40/025; 30 claims.

ABSTRACT: The system and method of the present invention removes barriers that undermine efficient risk-management. The invention prioritizes consumers by predicting their unmet demand for risk protection. Once deemed eligible, consumers are enrolled and funds are allocated to the payment of a premium for income insurance, contribution to a financial vehicle such as a savings or investment product, and payment of a premium for savings loss insurance. Active participants are eligible for income protection in case of job loss, systematic savings and ownership of public equities, principal protection and incentives based on utilization. The system and method of the present invention is calibrated on an ongoing basis to the behaviors of target consumers.

PATENT: System and method for comprehensive sales and service event processing and reporting; US 9,836,796 B2; 12/5/2017; CPC G06Q 40/12; 16 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Example systems and methods provide comprehensive sales and service data processing and reporting. Sales and service events that take place at a front end branch of an enterprise may be input into a front end system and transmitted to a backend system where various modules then use the front end system data to generate various data and reports to determine sales incentive metrics and key performance indicators.

PATENT: Estate disposition modeling; US 9,836,797 B2; 12/5/2017; CPC G06Q 40/123; 13 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: A system and computer-implemented method for modeling estate disposition are disclosed. One embodiment receives balance sheet inputs, estate planning document inputs and timing/event inputs. Conveyance and tax logic are applied to the inputs. Flowcharts illustrating the disposition of the estate based on the inputs are generated. Tax and liquidity analysis based on the inputs are also generated.

PATENT: System and method for mobile social networking within a target area; US 9,830,562 B1; 11/28/2017; CPC G06Q 10/04; 23 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: The method provides for mobile social networking. The method includes receiving a social networking profile, and a target area. The social networking profile has at least one user preference. The method also includes broadcasting the social networking profile to one or more members of the social network within the target area. The method further includes searching within the target area for the one or more members having a preference that is the same or similar to the at least one user preference. The method additionally includes enabling contact with the one or more members having the same or similar at least one user preference.

Frip: Just what the world needs, more social networking.

PATENT: Controlling and managing identity access risk; US 9,830,568 B2; 11/28/2017; CPC G06Q 10/0635; 20 claims; assigned to Bank of America Corporation.

SUMMARY: Aspects of the disclosure relate to various systems and techniques that provide effective, efficient, scalable, and convenient ways of controlling and managing identity and access management risks, particularly in ways that may enable an organization to identify specific resources and/or areas within an information technology environment where investments should be made and/or should not be made, as well in ways that may enable the organization to identify what types of risks are being controlled and/or should be controlled. Additional aspects of the disclosure may provide for the automated application of specific controls to specific resources, for instance, by one or more governance systems.

PATENT: Check cashing automated banking machine; US 9,830,581 B2; 11/28/2017; CPC G06Q 20/1085; 19 claims; assigned to Diebold Nixdorf, Incorporated.

ABSTRACT: An automated banking machine is operated at least in part to data read from data bearing records. The machine is operative to carry out a financial transfer responsive at least in part to a determination that data read through a card reader of the machine corresponds to a financial account that is authorized to conduct a transaction through operation of the machine. The machine also includes a check acceptor operative to receive checks from machine users. The check acceptor is operative image checks and data resolved from check images is used in operation of the machine to cause financial transfers.

PATENT: Mobile wallet payment vehicle preferences; US 9,830,590 B2; 11/28/2017; CPC G06Q 20/36; 17 claims; assigned to Bank of America Corporation.

ABSTRACT: In general, apparatuses, methods and computer program products for making contactless financial transactions utilizing a mobile wallet are disclosed. Particularly, a mobile wallet application is disclosed that utilizes, at least in part, user specific data to generate a payment vehicle recommendation for different transactions. The user specific data may include the active user profile, prior payment vehicle usage, user preferences for the type of transaction, user location, rewards programs associated with use of one or more payment vehicles, or the like, or combinations thereof.

PATENT: Providing access to account information using authentication tokens; US 9,830,591 B2; 11/28/2017; CPC G06Q 20/3674; 20 claims; assigned to Bank of America Corporation.

SIMMARY: Aspects of the disclosure relate to various systems and techniques that provide effective, efficient, scalable, and convenient ways of managing and providing access to customer account information, particularly in ways that enable customer account information to be securely shared with a third-party entity that may be authorized by a customer of an organization, such as a financial institution, to access such information.

PATENT: Cryptographic currency user directory data and enhanced peer-verification ledger synthesis through multi-modal cryptographic key-address mapping; US 9,830,593 B2; 11/28/2017; CPC G06Q 20/3678; 12 claims; assigned to SS8 Networks, Inc.

SUMMARY: This disclosure relates generally to data processing devices and, more particularly, to cryptographic currency user directory data and enhanced peer-verification ledger synthesis through multi-modal cryptographic key-address mapping.

PATENT: System and method of providing tokenization as a service; US 9,830,595 B2; 11/28/2017; CPC G06Q 20/3821; 19 claims; assigned to Visa International Service Association.

ABSTRACT: Systems, devices, apparatuses, and methods for providing tokenization as a service are provided. Embodiments of the invention involve decoupling a "tokenization service" from other services offered by a merchant service provider, and offering the tokenization service as a stand-alone service.

PATENT: Formation and funding of a shared token; US 9,830,597 B2; 11/28/2017; CPC G06Q 20/385; 20 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the present invention disclose utilizing a token associated with a payment device. Particularly, embodiments of the present invention may create a single token for use by a plurality of users on one or more of the payment devices of each user. The token may be made available for use by various users that can be added and removed as the group of users associated with the token changes. The token may be associated with various types of accounts, such as but not limited to a business account from a business client, a retail account from a retail client, or other like clients.

PATENT: Systems and methods for enrolling a user in a membership account; US 9,830,606 B2; 11/28/2017; CPC G06Q 30/02; 17 claims; assigned to Visa International Service Association.

ABSTRACT: Systems and methods are provided for enrolling a user in a membership account. A payment processing request is received from a point of sale device associated with a merchant. The payment processing request includes an account number associated with a user. Based on the account number, a user account associated with the user is retrieved, where the user account includes address information for communicating with a computing device that is associated with the user. Computer-readable instructions are transmitted to the computing device based on the address information, the computer-readable instructions causing the computing device to prompt the user to enroll in a membership account associated with the merchant. A response is received from the computing device indicating consent from the user to enroll in the membership account. Based on the response, an enrollment request is transmitted to the merchant, where the enrollment request includes user information from the user account.

PATENT: Systems and methods for providing advertising services; US 9,830,612 B2; 11/28/2017; CPC G06Q 30/0242; 18 claims; assigned to Capital One Financial Corporation.

ABSTRACT: The disclosed embodiments include methods, systems, and articles of manufacture for providing advertising services. In one embodiment, a system is provided for receiving a user registration request, identifying advertisements in content presented at client devices of the user during a first time period, providing alternative advertisements to the client devices in substantially real-time to replace the identified advertisements, receiving user financial data indicating purchases of the user during the first time period, associating user purchases with the alternative advertisements provided during the first time period based on the user's financial data, and determining an efficacy score one or more of the alternative advertisements based on the association.

PATENT: Unified product catalog orders; US 9,830,640 B2; 11/28/2017; CPC G06Q 30/0635; 17 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments for creating a unified catalog include systems and method that import catalog data from one or more underlying catalog systems. The systems configure required fields for order fulfillment and receive a request for at least one selected item from the user. The systems further present at least one required field to the user in response to the request and send an order for the at least one selected item to the one or more catalog systems, the order comprising data from the at least one required field.

PATENT: Systems and methods for managing a customer account switch; US 9,830,648 B2; 11/28/2017; CPC G06Q 40/02; 18 claims; assigned to Capital One Financial Corporation.

ABSTRACT: Systems and methods for management of an account switch are disclosed. An account switch management system may include one or more memory devices storing software instructions, and one or more processors configured to execute the software instructions to receive a list of transaction entries to be switched from a first account to a second account and account information associated with the first account and the second account. The one or more processors may also determine a recommendation relating to a customer action based on the transaction entries and the account information.

PATENT: System and method for improved distribution of market information; US 9,830,652 B2; 11/28/2017; CPC G06Q 40/04; 10 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A data distribution system and method are described herein to improve the distribution of market information to subscribing client devices. Market information updates are provided to subscribing devices over a communication link every time a change in the market occurs. If a bandwidth limitation is reached on the communication link, the preferred embodiments switch to a second mode of transmission such that the market information updates are provided only at predetermined intervals. The preferred embodiment monitors the bandwidth consumption to determine what mode of transmission to apply, and in response, it can dynamically change between modes of transmission. By dynamically adjusting the mode of transmission to comport with the current network bandwidth, the preferred embodiments may provide a network friendly, data intensive, and fast response market information feed.

PATENT: System and method for displaying risk data in an electronic trading environment; US 9,830,653 B2; 11/28/2017; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.

PATENT: Repositioning of market information on trading screens; US 9,830,654 B2; 11/28/2017; CPC G06Q 40/04; 14 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: As market conditions descend or ascend an axis of prices, the display of market information is repositioned, at a pre-determined rate if desired, around an item of interest. An item of interest may include the best bid price, the best ask price, the inside market, a moving average, a last traded price, a theoretical value, the result of an equation, or some other item of interest to the trader. According to the present embodiments, market information may be displayed in a region relative to an axis of prices, and when an event occurs, a repositioning signal is initialized causing the axis to be repositioned such that the item of interest is positioned at a pre-determined location in the region. The price axis can be repositioned at a fixed rate or at a dynamically variable rate.

PATENT: Method and apparatus for motion based target prediction and interaction; US 9,830,655 B2; 11/28/2017; CPC G06Q 40/04; 18 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Embodiments for motion based target prediction and interaction are described herein. One example embodiment includes predicting a target element based on a user moving a cursor in relation to a trading interface. When a target element is identified, one or more actions may be pre-configured based on the target element. For example, when a target element is associated with a buy action and a price, an order message to buy a tradable object at the price may be generated based on the predicted target element. Then, a user action may be received to select the target element and to execute the action. The user action selecting the target element may be received prior to the cursor reaching the desired target.

PATENT: Apparatus and method of a distributed capital system; US 9,830,656 B2; 11/28/2017; CPC G06Q 40/04; 5 claims.

ABSTRACT: A method conducting financial transactions over a computerized network, which includes conducting awareness propagation such that capital movement over a participant system-network is optimized.

PATENT: Inter-product matrix; US 9,830,657 B2; 11/28/2017; CPC G06Q 40/04; 9 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Lists of tradeable objects may be generated and displayed to enable a user to define a trading strategy having multiple legs. The lists of tradeable objects may be used to define and display different combinations of the tradeable objects that are included in each of the lists. Each combination of tradeable objects may define the different legs of a spread that may be tradeable on one or more exchanges. A combination of tradeable objects may be selected to display contract information associated with the different legs of the spread. The contract information for each leg may be used to define and display spread information for the legs of the trading strategy. The spread information may allow the user to view information related to the spreads for different combinations of tradeable objects in a display.

PATENT: In-line FIX packet translator; US 9,830,658 B2; 11/28/2017; CPC G06Q 40/04; 20 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Certain embodiments provide systems and methods to perform in-line translation of message content according to FIX protocol variants in a trading system. An example method includes receiving, at a computing device, a message formatted according to a FIX protocol, the message including message content and a message wrapper, the message wrapper providing session and delivery information for the message to a target. The example method includes performing in-line translation of the message content of the received message to adjust the message content according to a predefined set of rules without affecting the message wrapper (with the possible exception of the message size) and message routing session. The example method includes facilitating routing of the message to the target based on the message wrapper.

PATENT: System for augmenting a retirement score with health information; US 9,830,660 B2; 11/28/2017; CPC G06Q 40/06; 20 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments of the invention are directed to systems, methods, and computer program products for assessing retirement planning based on a retirement score. The system is configured to receive health information of a user, wherein the health information comprises at least an age of the user and medical treatment history of the user. Based on the health information, the system determines a life expectancy of the user, and projected allocations of finances for health care of the user based on the health information and the life expectancy of the user. The system is further configured to receive retirement information of the user. Based on the health information and the financial information, the system determines a projected retirement score of the user. The system may communicate the projected retirement score of the user.

Frip: Your score zero. You dead.

PATENT: Object oriented system for managing complex financial instruments; US 9,824,341 B2; 11/21/2017; CPC G06Q 20/10; 21 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT EXCERPT: Object oriented design strategies and patterns are applied to financial data processing systems for processing and modeling of financial products (also referred to as financial instruments) with an emphasis being on derivative products. The system employs valuation independent, well-defined financial components (also referred to as financial events) that can be combined to build new financial structures. A general purpose software model is provided for representing the structure and characteristics of these products.

Frip: JP, with a stock market crash creator maybe?

PATENT: Apparatus and method for bill presentment and payment; US 9,824,342 B2; 11/21/2017; CPC G06Q 20/14; 8 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: Under control of an operator of a payment processing network, a bill presentment service is provided, wherein bills received from a plurality of billing entities are made available to a plurality of consuming entities. The operator also provides at least a portion of a bill payment service wherein the consuming entities are afforded an option of paying the bills from the plurality of billing entities.

PATENT: Generating a signature with a mobile device; US 9,824,348 B1; 11/21/2017; CPC G06Q 20/206; 29 claims; assigned to Square, Inc.

ABSTRACT: A method that includes receiving, from one or more motion sensors in a device, data describing a signature arc in three-dimensional space, the signature arc having been generated by gesturing using the device; identifying, from the data describing the gestured signature arc, a plurality of points that correspond to the gestured signature arc in three-dimensional space; generating a curve along the identified plurality of points corresponding to the gestured signature arc; generating a two-dimensional representation of the gestured signature arc; and displaying, on a display screen, the generated two-dimensional representation of the gestured signature arc.

PATENT: Decoding systems with a decoding engine running on a mobile device and coupled to a payment system; US 9,824,350 B2; 11/21/2017; CPC G06Q 20/3567; 14 claims; assigned to Square, Inc.

ABSTRACT EXCERPT: A decoding system with a decoding engine running on a tablet. The decoding engine decodes signals produced from a read of a buyer's financial transaction card, accepts and initializes incoming signals from a read of a buyer's financial transaction card until the signals reach a steady state, detects the read of the buyer's financial transaction card once the incoming signals are in a steady stat, identifies peaks in the incoming signals and digitizes the identified peaks in the incoming signals into bits.

PATENT: Providing access to account information using authentication tokens; US 9,824,351 B2; 11/21/2017; CPC G06Q 20/3674; 20 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Methods, systems, and computer-readable media for providing access to account information using authentication tokens are presented. In some embodiments, a customer of a financial institution may visit an account information aggregator site and request to add an account maintained by the financial institution to a collection of accounts for which the aggregator may collect account information on behalf of the customer. Rather than providing their username, password, and/or other bank login credentials to the aggregator, the customer may be redirected to a page provided by the financial institution where the customer can enter their credentials and authenticate with the financial institution.

PATENT: Augmented smart tag security apparatuses, methods and system; US 9,824,352 B2; 11/21/2017; CPC G06Q 20/3821; 24 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: The AUGMENTED SMART TAG SECURITY APPARATUSES, METHODS AND SYSTEMS ("ASTS") transform video and other media inputs of POS terminals and markers associated with tags and codes via ASTS components into ways to validate the POS security and instructions/restrictions regulating access to and action on the data stored in the tags and codes.

PATENT: Method of performing transactions with contactless payment devices using pre-tap and two-tap operations; US 9,824,355 B2; 11/21/2017; CPC G06Q 20/40; 17 claims; assigned to Visa International Service Association.

ABSTRACT: A system, apparatus, and method for processing payment transactions that are conducted using a mobile payment device that includes a contactless element, such as an integrated circuit chip.

PATENT: Tool for creating a system hardware signature for payment authentication; US 9,824,356 B2; 11/21/2017; CPC G06Q 20/401; 17 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the invention provide a method a authenticating a transaction at the point of transaction. In some embodiments of the invention, a unique signature is created based at least in part on a hardware profile of the system. In some embodiments, a request is received from a user to perform a transaction using the system. In some embodiments, in response to receiving the request a key is created based on the unique signature and displayed to the user.

PATENT: Fraudulent transaction detection system for use in identity-based online financial transaction decisioning system; US 9,824,358 B2; 11/21/2017; CPC G06Q 20/4016; 20 claims; assigned to Bank of America Corporation.

ABSTRACT EXCERPT: Embodiments of the invention provide for systems to determine potential fraudulent activity associated with online financial transaction identity-based transaction decisioning, to electronically determine decisions for transactions such as account opening, and the like.

PATENT: Wireless devices for storing a financial account card and methods for storing card data in a wireless device; US 9,824,359 B2; 11/21/2017; CPC G06Q 20/405; 30 claims; assigned to Capital One Financial Corporation.

CLAIM 1 PREAMBLE: A method for completing a transaction using biometric validation and data received from a wireless device.

PATENT: Wireless devices for storing a financial account card and methods for storing card data in a wireless device; US 9,824,360 B2; 11/21/2017; CPC G06Q 20/405; 28 claims; assigned to Capital One Financial Corporation.

CLAIM 1 PREAMBLE: A device configured to authorize purchase transactions wirelessly.

PATENT: Regulatory inventory and regulatory change management framework; US 9,824,364 B2; 11/21/2017; CPC G06Q 30/018; 12 claims; assigned to Bank of America Corporation.

ABSTRACT: A computer implemented method, implemented by an enterprise, of receiving regulatory change data from a feed, identifying a regulatory change, and communicating the regulatory change to an affected regulatory inventory associated with the enterprise. The method may also comprise of providing a questionnaire to a user, receiving questionnaire answers from a user, and creating a compliance action plan to assist the enterprise in managing the regulatory change.

PATENT: Unified product catalog; US 9,824,378 B2; 11/21/2017; CPC G06Q 30/0603; 12 claims; assigned to Bank of America Corporation.

ABSTRACT: Embodiments for creating a unified catalog include systems and methods that import catalog data from one or more underlying catalog systems. The systems provide a user interface to a user for browsing items from the catalog data and receive a request for at least one selected item from the user. The systems also determine an item identifier for the at least one selected item and match the at least one selected item to at least one source catalog selected from the one or more underlying catalog systems based on the identifier.

PATENT: Methods and systems for managing consumer savings with credit card transactions; US 9,824,393 B2; 11/21/2017; CPC G06Q 40/02; 21 claims; assigned to MasterCard International Incorporated.

ABSTRACT EXCERPT: In one aspect, a computer-implemented method for managing consumer savings initiated from a payment card transaction is included. The payment card transaction involves a cardholder and a payment card of the cardholder. The method uses a computer device in communication with an issuing bank. The computer device includes a memory. The method includes receiving, by the computer device, transaction data associated with the payment card transaction. The transaction data separately identifies a payment amount and a savings amount.

PATENT: Payment processor financing of customer purchases; US 9,824,394 B2; 11/21/2017; CPC G06Q 40/025; 25 claims; assigned to Square, Inc.

ABSTRACT EXCERPT: A payment processing system for mobile point-of-sale transactions from a mobile point-of-sale (POS) terminal including a payment card reader having a card interface configured to read data from a payment card, the payment processing system configured to process a request from a merchant to provide financing for a purchase by a buyer (e.g., a second merchant).

PATENT: System and method for displaying profit related information in an electronic trading environment; US 9,824,395 B2; 11/21/2017; CPC G06Q 40/04; 13 claims; assigned to Trading Technologies International, Inc.

ABSTRACT EXCERPT: A system and method for displaying a plurality of profit and risk related indicators are described. A graphical interface displays and dynamically updates a plurality of profit/loss (P/L) indicators including a realized, net, and open indicator. The net and open indicators are based on a trader's net position and a current market level, while the realized indicator is based on trader's buys and sells associated with a tradeable object.

PATENT: Data excavator; US 9,824,401 B2; 11/21/2017; CPC G06Q 40/12; 17 claims; assigned to Bank of America Corporation.

ABSTRACT: The present invention is directed to a system that updates files with updated financial data. The system of the present invention is configured to receive from a user one or more selections of files (e.g., datastores of financial data utilized and/or referenced by financial reporting application for purposes of generating up-to-date financial reports) to be updated with updated financial data. The user is further enabled by the system of the present invention to schedule importations of updated financial data into each selected file. The system of the present invention also is configured to generate a report of complete file updates so that the user may more effectively monitor and review the file-updating processes.

PATENT: Systems and methods for image and criterion monitoring during mobile deposit; US 9,818,090 B1; 11/14/2017; CPC G06Q 20/042; 20 claims; assigned to USAA.

ABSTRACT: An image of a check that is in the field of view of a camera is monitored prior to the image of the check being captured. The camera is associated with a mobile device. When the image of the check in the field of view passes monitoring criteria, an image may be taken by the camera and provided from the mobile device to a financial institution. The image capture may be performed automatically as soon as the image of the check is determined to pass the monitoring criteria. The check may be deposited in a user's bank account based on the image. Any technique for sending the image to the financial institution may be used. Feedback may be provided to the user of the camera regarding the image of the check in the field of view.

PATENT: Method to activate electronic payment unit in mobile terminal and activity server thereof; US 9,818,097 B2; 11/14/2017; CPC G06Q 20/223; 29 claims; assigned to Korea Smart Card Co., Ltd.

SUMMARY: The present invention relates to an electronic payment service using a mobile terminal, a method for activating the electronic payment service, and an electronic payment means. Particularly, the present invention relates to an electronic payment means activating server and an activating method thereof in which an inactivated electronic payment means provided in a mobile terminal is activated to pay traffic fares, purchase prices, and official fees.

PATENT: Method and system for a multi-purpose transactional platform; US 9,818,100 B2; 11/14/2017; CPC G06Q 20/227; 21 claims; assigned to Citicorp Credit Services, Inc. (USA).

ABSTRACT: The present invention relates particularly to a method and system for consolidating a plurality of a consumer's payment and non-payment source accounts into a consolidated platform with a customer identification or available proxy account numbers that can be assigned to source accounts. The source accounts can be, for example, credit card accounts, ATM accounts, debit card accounts, demand deposit accounts, stored-value accounts, merchant-loyalty card accounts, membership accounts, and identification card numbers. The consumer can access and modify any of the source accounts and manage funds across the source accounts by accessing the consolidated platform with a single access device or mode.

Frip: Citicorp! Where ya been, ol’ buddy?

PATENT: System and method for socially connecting payment card holders; US 9,818,101 B2; 11/14/2017; CPC G06Q 20/227; 13 claims; assigned to MasterCard International Incorporated.

SUMMARY: The present disclosure relates to a system and method for socially connecting payment card holders. More particularly, the present disclosure relates to a system and method for socially connecting through payment card holder profiles based upon payment card holder financial transaction information (e.g., purchasing and payment transactions).

PATENT: Method and system for payment authorization and card presentation using pre-issued identities; US 9,818,112 B2; 11/14/2017; CPC G06Q 20/40; 21 claims; assigned to Visa International Service Association.

ABSTRACT: Systems and methods for authenticating a party are disclosed. A transaction may be initiated between a relying party and a presenter. The relying party can send the presenter a message with transaction information and requirements for authentication. The presenter can forward the message to a third party, which can authenticate the presenter to the relying party.

PATENT: Systems and methods for performing payment card transactions using a wearable computing device; US 9,818,114 B2; 11/14/2017; CPC G06Q 20/40145; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A computer-based method for authenticating a suspect consumer as an authorized cardholder during a payment card transaction is provided. The method includes registering the authorized cardholder within a portable computer device by receiving a reference sample of the authorized cardholder. The portable computer device includes a processor, a memory, and a camera. The method also includes storing, in the memory, the reference sample of the authorized cardholder and associated payment card information. The method further includes using the camera to capture a transaction sample of the suspect consumer during the payment card transaction using the camera. The method also includes comparing, by the processor, the transaction sample to the reference sample stored in the memory. The method further includes authenticating the suspect consumer as the authorized cardholder based at least in part on the comparison.

PATENT: Systems and methods for using social network data to determine payment fraud; US 9,818,117 B2; 11/14/2017; CPC G06Q 20/4016; 20 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A computer-implemented method for analyzing potentially fraudulent e-commerce payment transactions utilizing social media data is provided. The method uses a fraud monitoring device in communication with a memory. The method includes receiving a request to assess the fraud risk of an online transaction initiated by a cardholder using a payment card and accessing a social media account associated with the cardholder. The social media account includes a circle of friends, where each friend in the circle of friends is associated with a social media account. The method also includes determining one or more historical transactions associated with at least one friend in the circle of friends, calculating a social risk score for the cardholder based in part on the determined one or more historical transactions, and transmitting a consolidated risk assessment of the online transaction based in part on the social risk score.

PATENT: Transaction aggregator; US 9,818,118 B2; 11/14/2017; CPC G06Q 20/4037; 19 claims; assigned to Visa International Service Association.

ABSTRACT EXCERPT: Systems and methods for determining and reporting aggregated transaction level data regarding a particular user are disclosed. Based on the requests of one or more information requesters, an aggregator server can request transaction level data for all accounts associated with a particular user or a group of users from a transaction database. The transaction database returns raw transaction level data for accounts associated with the particular user to the aggregator server. The aggregator server can then parse the raw transaction level data based on a number of transaction level data elements and information requester input.

PATENT: Mobile communications message verification of financial transactions; US 9,818,121 B2; 11/14/2017; CPC G06Q 20/425; 18 claims; assigned to Visa International Service Association.

ABSTRACT: A system and method for verifying a secure transaction by evaluating the transaction, generating a first verification value for the transaction, sending an electronic mobile message to a wireless device associated with the transaction, receiving a response from the wireless device to the electronic mobile message associated with the transaction and generating a new second verification value for the transaction based on the response is provided. The second verification value may be used to validate or invalidate the secure transaction.

PATENT: System and method for allowing forward-sold goods purchased via credit/debit card to be resold; US 9,818,152 B2; 11/14/2017; CPC G06Q 30/08; 10 claims; assigned to MasterCard International Incorporated.

ABSTRACT: A system and a method for the resale of one or more forward-sold goods and/or services allows a transaction to be specified as one in which the goods or services may be resold by the purchaser until a time close to actual delivery. The merchant maintains control of the conditions of the resale. If a resale occurs, the merchant receives a commission. The account of the original purchaser is credited with the resale price minus the commission. The availability of goods for resale can be determined by searching a web site for such goods.

PATENT: Systems and methods for tagging real-time financial transactions; US 9,818,153 B1; 11/14/2017; CPC G06Q 40/00; 12 claims; assigned to USAA.

ABSTRACT EXCERPT: A system, method, and computer-usable medium are disclosed for the automated management of financial resources. Manufacturer item data is received and processed to parse a manufacturer item identifier and any associated product item identifiers, which are then added to a repository of budget category, manufacturer item, and purchase item data if they are not already present. Purchase item transaction data is received and processed to parse individual purchase item identifiers (IDs) and their associated purchase item data.

PATENT: Method and apparatus for a fair exchange; US 9,818,155 B2; 11/14/2017; CPC G06Q 40/00; 11 claims; assigned to Trading Technologies International Inc.

ABSTRACT EXCERPT: A fair exchange is disclosed to reduce potential inequities in an electronic trading environment. Market data is sent from a host system to client devices through one or more synchronized local communication servers such that the data can be displayed simultaneously or nearly simultaneously at each client device. Market data sent to client devices might include price information. Likewise, a host system may transaction data sent from client devices via the local communication servers.

PATENT: Purchase data transmission and analysis system; US 9,811,810 B1; 11/7/2017; CPC G06Q 20/0453; 24 claims; assigned to JPMorgan Chase Bank, N.A.

SUMMARY: Embodiments of the invention are related generally to systems and methods for facilitating transmission, analysis, and presentation of purchase data, and in particular to providing an optimized technique for both merchants and customers.

PATENT: Method and system for allocating deposits over a plurality of depository institutions; US 9,811,811 B1; 11/7/2017; CPC G06Q 20/10; 18 claims; assigned to Island Intellectual Property LLC.

ABSTRACT: Computer system, computer-implemented method, and program product for managing transaction comprising: administering clients' deposits to and withdrawals from client transaction accounts; determining a client available deposit amount, D.sub.i, determining, for D.sub.i, a value of N.sub.i banks for the respective client transaction account, wherein N.sub.i is a whole number and (X) times (N.sub.i) is equal to or less than 100, where X is a distribution percent value to be distributed to each of the N.sub.i banks; allocating, the percentage, X, multiplied by the client deposit amount, D.sub.i, calculating, for the banks a respective net deposit amount; generating instructions to transfer funds; and updating.

Frip: Hey Island Intel, haven’t you already got a bunch of patents on this identical thing?

PATENT: System and method for enabling a mobile communication device to operate as a financial presentation device; US 9,811,819 B2; 11/7/2017; CPC G06Q 20/3226; 21 claims; assigned to Visa U.S.A. Inc.

SUMMARY: The present invention relates to data processing, and more particularly relates to a system and method for enabling a mobile communication device to operate as a financial presentation device.

PATENT: Data consolidation expert system for facilitating user control over information use; US 9,811,820 B2; 11/7/2017; CPC G06Q 20/3227; 2 claims; assigned to Mastercard Mobile Transactions Solutions, Inc.

ABSTRACT: Methods and systems are provided for supporting electronic transactions, including transactions that are provided with per-user, per-device and per-domain security across domains of multiple service providers.

PATENT: Methods and systems for displaying account information; US 9,811,821 B2; 11/7/2017; CPC G06Q 20/327; 22 claims; assigned to Capital One Financial Corporation.

ABSTRACT EXCERPT: Systems and methods are provided for displaying account information. The systems and methods may include a portable smart display device in short-range communication with a mobile device. The smart display device may be configured to provide a user with quick and easy yet secure access to account information, without the need for multi-step login and verification processes. The smart display device may be sized to fit within a wallet and within quick, easy reach of a user.

PATENT: Mobile device with disabling feature; US 9,811,823 B2; 11/7/2017; CPC G06Q 20/3278; 20 claims; assigned to Visa U.S.A. Inc.

ABSTRACT: A method and system for payments for mobile phone payments with a disabling feature is disclosed. The method includes activating a mobile phone containing contactless payment systems, and having a timeout feature disable the contactless payment systems after a set period of time.

PATENT: System and method for guided passcode entry; US 9,811,829 B2; 11/7/2017; CPC G06Q 20/4012; 20 claims; assigned to Mastercard International Incorporated.

SUMMARY: This specification relates to the field of secure computing systems and, in particular, to facilitating secure entry of passcodes for authentication, identification, or verification of an account holder.

PATENT: System and method for setting a product watch on transaction data; US 9,811,837 B2; 11/7/2017; CPC G06Q 30/0201; 24 claims; assigned to Mastercard International Incorporated.

ABSTRACT EXCERPT: A system and a method for determining at least one of availability and price of a product includes an electronic storage device having a database of merchant transactions stored therein; an access path for allowing access to information concerning the transactions, including when a given product has been sold and the price at which the product was sold, and a processor for assembling the information concerning at least one of sales of the given product and the price at which it was sold, to provide at least one of locations where the product is available, and the price at which the product was sold at the location or locations.

PATENT: Method and system for analysis, display and dissemination of financial information using resampled statistical methods; US 6,349,291 C2; 11/7/2017; CPC G06Q 40/00; assigned to Investpic, LLC. Reexamination Request.

ABSTRACT EXCERPT: The present invention provides a method and system for the statistical analysis, display and dissemination of financial data over an information network such as the Internet and WWW. The present invention utilizes resampled statistical methods for the analysis of financial data. Resampled statistical analysis provides a meaningful and reasonable statistical description of financial information, which typically escapes modeling using parametric methods (i.e. assumptions of a Gaussian distribution). The present invention provides at least a GUI that provides functionality for user input of statistical queries, a statistical computation engine that performs statistical analysis of financial data and a graphical rendering engine that generates graphical display of statistical distributions generated by the statistical computation engine.

PATENT: Document calculator; US 9,811,857 B2; 11/7/2017; CPC G06Q 40/02; 20 claims; assigned to Bank of America Corporation.

SUMMARY: One or more aspects of the disclosure generally relate to computing devices, computing systems, and computer software. In particular, one or more aspects of the disclosure generally relate to computing devices, computing systems, and computer software that may be used by an institution, such as a financial institution or other entity, to track documents for products and/or services.

PATENT: Trading tools for electronic trading; US 9,811,859 B2; 11/7/2017; CPC G06Q 40/04; 19 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.

PATENT: System and method for timed order entry and modification; US 9,811,860 B2; 11/7/2017; CPC G06Q 40/04; 24 claims; assigned to Trading Technologies International, Inc.

ABSTRACT: A system and method for defining and processing timed orders are defined. According to one embodiment, a trader may define a timed order by defining an intra-day time trigger or a time period when the timed order should be automatically modified, such as deleted or cancelled/replaced with a new order. In one embodiment, the intra-day time trigger or time period may be dynamically changed to a later time, for example, upon receiving a predetermined user input. Also, the time trigger and time period may be configured to dynamically vary based on any user configurable formula. Also, the timed order may be associated with one or more actions to be taken once the order is deleted, such as sending a new order, for example.

PATENT: Systems and methods for integrating a deal process; US 9,811,868 B1; 11/7/2017; CPC G06Q 50/18; 19 claims; assigned to JPMorgan Chase Bank, N.A.

ABSTRACT: A system which integrates a whole deal process including creation of a deal, conflicts approval, expense tracking, and deal closure in a financial institution is disclosed. The invention consists of three main components. The first one is a flexible user interface with high navigation ability. The second one is that a user can access secured multi-layer information flow in real time. The third one is that the financial institution can get the whole deal lifecycle.