Patent application number | Description | Published |
20080298569 | PREPAID NEGATIVE BALANCE FEE PROCESSING AND FEE DIVERSION - Systems and methods are provided for a prepaid credit card processing system wherein components or entities such as the acquirer, issuer, or prepaid card processing network can dynamically determine, at the time of the transaction, whether a credit card transaction will be allowed—even where the fee associated with the transaction would cause the balance to fall below zero. | 12-04-2008 |
20080298573 | SYSTEM, APPARATUS AND METHODS FOR COMPARING FRAUD PARAMETERS FOR APPLICATION DURING PREPAID CARD ENROLLMENT AND TRANSACTIONS - An apparatus is disclosed. The apparatus is for comparing a set of production fraud parameters with one or more sets of test or proposed fraud parameters run against prepaid card production data in a prepaid card analysis. The apparatus may include a system for uploading a set of production fraud parameters and one or more sets of test fraud parameters, a processing engine for receiving the uploaded parameters for running production data against the set of production fraud parameters in tandem with the one or more sets of test fraud parameters to produce a set of suspected fraud cases triggered by each set of fraud parameters, and one or more databases integrated with or in communications with the processing engine for card validation | 12-04-2008 |
20080300895 | METHOD AND SYSTEM FOR HANDLING RETURNED PAYMENT CARD ACCOUNT STATEMENTS - A method and system for handling returned account statements in a payment card system. In one embodiment, upon receipt of a returned account statement corresponding to a consumer's account, an indication is made in the consumer's account that an address of the consumer is invalid; and future mailing of account statements to the address are suppressed. Electronic delivery of the account statement may be activated to an email address of the consumer. In this way, no further account statements are mailed to the invalid address. A customer service representative may be alerted that the address of the consumer is invalid, and upon receiving an updated address from the consumer, and indication can be made in the consumer's account that an address of the consumer is valid, whereupon mailing of future account statements to the updated address can be activated and if desired electronic delivery of the account statement to the email address of the consumer can be terminated. | 12-04-2008 |
20080301011 | METHOD AND SYSTEM FOR HANDLING RETURNED PREPAID PAYMENT CARDS - A method and system for handling returned prepaid device in a payment system. In one embodiment, upon receipt of a returned prepaid device corresponding to a consumer's account, a method indicates in the consumer's account that an address of the consumer is invalid; and determines whether the device should be stored in order to possibly re-send the device to the consumer if a new valid consumer address is received, or to destroy the device and refund the purchaser. | 12-04-2008 |
20080301019 | PREPAID CARD FRAUD AND RISK MANAGEMENT - A method of monitoring fraud associated with prepaid devices includes configuring fraud platform parameters which comprise one or more limits defined by one or more values, each limit associated with a particular platform parameter, one or more thresholds defined by one or more values, each threshold associated with a particular platform parameter, and one or more rules that define restrictions for certain prepaid device activities. The method further includes applying the fraud platform parameters to prepaid device production data and determining whether to issue the prepaid device depending on whether any parameters were triggered by the production data. | 12-04-2008 |
20080301037 | SYSTEMS AND METHODS FOR AUTOMATIC MIGRATION OF A CONSUMER BETWEEN FINANCIAL ACCOUNTS - Embodiments of the invention provide systems and methods for automatically migrating a consumer from one prepaid financial account to another prepaid financial account based on preset trigger criteria. A prepaid payment device, such as a payroll card, may be issued to the consumer and associated with a prepaid financial account. The prepaid financial account may include a profile for the consumer. The issuer of the prepaid payment device may monitor the account activity and set trigger criteria that control when the consumer is automatically migrated from the current prepaid financial account and which type of new account the consumer is migrated into. | 12-04-2008 |
20080301048 | PORTABILITY OF FINANCIAL TOKENS - A method determines that a first relationship between a holder of a portable consumer device and a first employer is terminated. In response to determining that the first relationship is terminated, the method also disassociates account information of the portable consumer device from the first employer while retaining an association between the portable consumer device and an issuer of the portable consumer device. In addition, the method establishes a second relationship between the employee and a second employer and links the account information of the portable consumer device with the second employer. | 12-04-2008 |
20100019030 | SYSTEM AND METHOD FOR PROCESSING EXPIRATION DATES FOR PREPAID CARDS - A prepaid card processing system is operable for processing customized expiration dates of prepaid cards. The prepaid card processing system includes a database for storing program expiration parameters associated with an issuer prepaid card program; a set of card accounts created under the issuer prepaid card program, wherein each card account has an expiration date for a prepaid card associated with the card account; and one or more customized expiration parameters for the set of card accounts. The prepaid card processing system is operable to determine the expiration date for the prepaid card associated with the card account based on the program expiration parameters and the customized expiration parameters for the set of card accounts. | 01-28-2010 |
20100036758 | SYSTEM AND METHOD FOR PROCESSING FEES FOR A CARD - A processing system is operable for issuance and processing of cards with fee options applicable to a group of fee types. In one embodiment, the processing system includes a processing module, a secure card network, an issuer fee database and card account database. The card issuance database is operable to store a fee record associated with a card, wherein the fee record includes the fee options configured to apply to the group of fee types. The card account database is operable to store a card account record for the card, wherein the card account record includes a universal fee access counter for tracking parameters associated with the fee options configured to apply to the group of fee types. | 02-11-2010 |
20100070424 | SYSTEM, APPARATUS AND METHODS FOR COMPARING FRAUD PARAMETERS FOR APPLICATION DURING PREPAID CARD ENROLLMENT AND TRANSACTIONS - An apparatus is disclosed. The apparatus is for comparing a set of production fraud parameters with one or more sets of test or proposed fraud parameters run against prepaid card production data in a prepaid card analysis. The apparatus may include a system for uploading a set of production fraud parameters and one or more sets of test fraud parameters, a processing engine for receiving the uploaded parameters for running production data against the set of production fraud parameters in tandem with the one or more sets of test fraud parameters to produce a set of suspected fraud cases triggered by each set of fraud parameters, and one or more databases integrated with or in communications with the processing engine for card validation | 03-18-2010 |
20100332382 | PORTABILITY OF FINANCIAL TOKENS - A method determines that a first relationship between a holder of a portable consumer device and a first employer is terminated. In response to determining that the first relationship is terminated, the method also disassociates account information of the portable consumer device from the first employer while retaining an association between the portable consumer device and an issuer of the portable consumer device. In addition, the method establishes a second relationship between the employee and a second employer and links the account information of the portable consumer device with the second employer. | 12-30-2010 |
20110125634 | SYSTEMS AND METHODS FOR AUTOMATIC MIGRATION OF A CONSUMER BETWEEN FINANCIAL ACCOUNTS - Embodiments of the invention provide systems and methods for automatically migrating a consumer from one prepaid financial account to another prepaid financial account based on preset trigger criteria. A prepaid payment device, such as a payroll card, may be issued to the consumer and associated with a prepaid financial account. The prepaid financial account may include a profile for the consumer. The issuer of the prepaid payment device may monitor the account activity and set trigger criteria that control when the consumer is automatically migrated from the current prepaid financial account and which type of new account the consumer is migrated into. | 05-26-2011 |
20120179591 | PREPAID CARD FRAUD AND RISK MANAGEMENT - A method of monitoring fraud associated with prepaid devices includes configuring fraud platform parameters which comprise one or more limits defined by one or more values, each limit associated with a particular platform parameter, one or more thresholds defined by one or more values, each threshold associated with a particular platform parameter, and one or more rules that define restrictions for certain prepaid device activities. The method further includes applying the fraud platform parameters to prepaid device production data and determining whether to issue the prepaid device depending on whether any parameters were triggered by the production data. | 07-12-2012 |
20120203658 | System and Method for Processing Expiration Dates for Prepaid Cards - A prepaid card processing system is operable for processing customized expiration dates of prepaid cards. The prepaid card processing system includes a database for storing program expiration parameters associated with an issuer prepaid card program; a set of card accounts created under the issuer prepaid card program, wherein each card account has an expiration date for a prepaid card associated with the card account; and one or more customized expiration parameters for the set of card accounts. The prepaid card processing system is operable to determine the expiration date for the prepaid card associated with the card account based on the program expiration parameters and the customized expiration parameters for the set of card accounts. | 08-09-2012 |
20130254105 | System and Method for Processing Expiration Dates for Prepaid Cards - A prepaid card processing system is operable for processing customized expiration dates of prepaid cards. The prepaid card processing system includes a database for storing program expiration parameters associated with an issuer prepaid card program; a set of card accounts created under the issuer prepaid card program, wherein each card account has an expiration date for a prepaid card associated with the card account; and one or more customized expiration parameters for the set of card accounts. The prepaid card processing system is operable to determine the expiration date for the prepaid card associated with the card account based on the program expiration parameters and the customized expiration parameters for the set of card accounts. | 09-26-2013 |
20130297511 | Closed System Processing Connection - In one embodiment of the invention, a method is described. The method comprises receiving at a server computer, an authorization request message from a first merchant computer operated by a first merchant that includes information associated with a transaction conducted by a consumer using a prepaid device associated with a second merchant, determining, based on the information in the authorization request message, the second merchant associated with the prepaid device, transmitting the authorization request message to a second merchant computer operated by the second merchant, receiving an authorization response message from the second merchant computer, and sending the authorization response message to the first merchant computer. | 11-07-2013 |