| MONEYGRAM INTERNATIONAL, INC. Patent applications |
| Patent application number | Title | Published |
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| 20120036071 | VERIFICATION METHODS FOR FRAUD PREVENTION IN MONEY TRANSFER RECEIVE TRANSACTIONS - A computer system is operated to prevent fraud in a money transfer receive transaction. A send transaction request is received from a sender for a money transfer including a send amount. The sender is prompted to select one or more security inputs to be supplied by a receiver for redemption of the money transfer. A send transaction record is stored with the selected one or more security inputs in a server. A receive transaction request is then received from the receiver. The receiver is prompted for the one or more security inputs set for redemption of the money transfer, and the provided one or more security inputs from the receiver are received. The received one or more security inputs are authenticated, and release of funds in the send amount is authorized if the received one or more security inputs are authenticated. | 02-09-2012 |
| 20110282790 | GLOBAL COMPLIANCE PROCESSING SYSTEM FOR A MONEY TRANSFER SYSTEM - An improved money transfer system includes a rules database, a customer database, and a transaction processing system. The rules database includes information representative of transaction rules, at least some of which include an aggregation threshold. The customer database includes information representative of customers' transaction histories. The transaction processing system is connected to the rules database and customer database and includes point of entry ports, a customer identifier, a rules coordinator, an aggregation engine, and a transaction rules service. The point of entry ports receive transaction requests from points of entry and provide transaction responses to the points of entry. Based on information received in transaction requests, the customer identifier identifies customers and the rules coordinator determines applicable transaction rules. The aggregation engine determines aggregation values as a function of customers' transaction histories. The transaction rules service determines whether information received in the transaction requests meets the applicable transaction rules and causes the aggregation engine to determine aggregation values if the applicable transaction rules include aggregation thresholds. The transaction rules service generates transaction responses based upon the information received in the transaction requests along with any information received in response to any requests for additional information and any aggregation values, and updates the customer database as a function of the transaction. | 11-17-2011 |
| 20110218913 | VIRTUAL TRAVELER'S CHECK - The purchase and redemption of virtual traveler's checks is managed. A purchase request is received, which includes purchasing customer identification information and a request for one or more virtual traveler's checks. Each of the one or more virtual traveler's checks has one of a predetermined set of fixed denominations. A check number is issued for each of the one or more virtual traveler's checks. Each check number is associated with the purchasing customer identification information. A redemption request is then received, which includes redeeming customer identification information and a request to redeem at least one of the one or more virtual traveler's checks. The release of funds is approved in an amount equal to the denominations of the requested virtual traveler's checks if the redeeming customer identification information matches the purchasing customer identification information. | 09-08-2011 |
| 20100169216 | SYSTEMS AND METHODS FOR PROCESSING PAYMENTS WITH PAYMENT REVIEW FEATURES - Methods and systems of processing a plurality of payments. One method can include receiving the plurality of payments from a plurality of customers, the plurality of payments payable to at least one receiver, determining a first set of payments included in the plurality of payments to automatically accept based on validation parameters, determining a second set of payments included in the plurality of payments to reject based on the validation parameters, determining a third set of payments included in the plurality of payments to conditionally accept based on the validation parameters, and electronically prompting at least one user to accept or reject payments included in the third set of payments. | 07-01-2010 |
| 20100114774 | CHARGEBACK DECISIONING SYSTEM - A chargeback received from a merchant processor, which includes a plurality of data elements related to details of a transaction, is automatically processed. At least one of the plurality of data elements is compared with at least one related data element in each of a plurality of stored chargebacks. Similarities are then identified between the compared data elements of the received chargeback and the stored chargebacks. The received chargeback is then accepted or represented based on the similarities identified. | 05-06-2010 |
| 20100100426 | AGENT MANAGEMENT SYSTEM - An automated process for processing application data related to agent on-boarding in a money transfer system includes proforma subprocessing to pre-qualify the application data, analysis subprocessing to analyze the application data, set-up subprocessing to set up agents on the money transfer system and training subprocessing to train the agents on services provided by the money transfer system. Each of the subprocesses accepts an administrator input in response to the application data. In response to the administrator input, each of the subprocesses has an outcome that is one of forwarding the data, denying the data, notifying an originator of the application data and requesting additional data. | 04-22-2010 |
| 20090106149 | GLOBAL COMPLIANCE PROCESSING SYSTEM FOR A MONEY TRANSFER SYSTEM - A money transfer system generally includes a rules database, a customer database, a transaction processing system, and an administrator port. The rules database includes information representative of transaction rules. The transaction rules include transaction type-based rules, point of entry-based rules, customer-based rules, and transaction location-based rules. At least some of the transaction rules include an aggregation threshold. The customer database includes information representative of customers' transaction histories. The transaction processing system is connected to the rules database and customer database and generally includes point of entry ports, a customer identifier, a rules coordinator, an aggregation engine, and a transaction rules service. The point of entry ports receive transaction requests from points of entry and provide transaction responses to the points of entry. Based on information received in transaction requests, the customer identifier identifies customers and the rules coordinator determines applicable transaction rules. The aggregation engine determines aggregation values as a function of customers' transaction histories. The transaction rules service determines whether information received in the transaction requests meets the applicable transaction rules, generates transaction responses requesting additional information if additional information is needed to meet the applicable transaction rules, causes the aggregation engine to determine aggregation values if the applicable transaction rules include aggregation thresholds, generates transaction responses, and updates the customer database as a function of the transaction responses. Transaction responses authorizing transactions are generated if the information received in the transaction requests, including any information received in response to additional information requests and any aggregation values, meet the applicable transaction rules. Transaction responses denying transactions are generated if the information received in the transaction requests, including any information received in response to additional information requests and any aggregation values, do not meet the applicable transaction rules. The administrator port communicates rule update information and the transaction processing system updates the rules database as a function of the rule update information. | 04-23-2009 |
| 20090063261 | CONSUMER DATABASE LOYALTY PROGRAM FOR A MONEY TRANSFER SYSTEM - A money transfer system provided in connection with a loyalty program where the loyalty program members are assigned a loyalty identifier. The system includes point of entry ports to communicate transaction information with points of entry; a promotion database, a customer database, a pricing database, an analytics port to communicate marketing information with a marketing analytics system and a transaction processing system. The transaction processing system updates the promotion database as a function of the marketing information, receives money transfer transaction requests including loyalty identifiers, determines whether the requested transactions are entitled to loyalty program promotions, prices the transactions as a function of base transaction pricing and promotions pricing of any promotions to which the transaction is entitled, provides the transaction pricing information, updates the customer database as a function of transaction information and periodically provides transaction information to the analytics port. | 03-05-2009 |
