Patent application number | Description | Published |
20130304555 | METHOD AND SYSTEM FOR APPLYING COUPON RULES TO A FINANCIAL TRANSACTION - A method for applying coupon rules to a financial transaction includes storing a plurality of coupon rules, each coupon rule associated with a consumer and a merchant and including an amount modifier and funding account number; receiving an authorization request for a financial transaction, the authorization request including a consumer identifier, a merchant identifier, and a transaction amount; identifying, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier; modifying the financial transaction based on the at least one coupon rule by modifying the transaction amount based on the amount modifier; and transmitting a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount. | 11-14-2013 |
20140006096 | SYSTEM AND METHOD FOR DETERMINING CONGESTION USING POINT OF SALE AUTHORIZATION DATA | 01-02-2014 |
20140006097 | SYSTEM AND METHOD FOR DETERMINING MERCHANT LOCATION AND AVAILABILITY USING TRANSACTION DATA | 01-02-2014 |
20140006107 | SYSTEM AND METHOD FOR DETERMINING PEDESTRIAN ORIGIN USING POINT OF SALE TRANSACTION DATA | 01-02-2014 |
20140006209 | SYSTEM AND METHOD FOR SETTING A PRODUCT WATCH ON TRANSACTION DATA | 01-02-2014 |
20140039942 | SYSTEM AND METHOD FOR PREVENTING MULTIPLE REFUNDS AND CHARGEBACKS - A system and a method for determining whether a refund has been issued by at least one of multiple parties having potential responsibility for issuing a refund. Issuance of multiple refunds to a claimant or claimants, or chargebacks to acquirers when a refund has been issued is prevented. The system includes an electronic storage device that has a database of data concerning transactions, including data as to whether a refund has been issued, an access path that allows access to and supplementing of data concerning a transaction, and a processor for assembling the data concerning the transaction so that access is provided to the multiple parties granted selected access to the data. | 02-06-2014 |
20140039973 | SYSTEM AND METHOD FOR SETTING A HOT PRODUCT ALERT ON TRANSACTION DATA - A system and a method for determining when a predetermined number of a specific product or of a type of product has been sold so that an alert can be generated when the number sold exceeds the predetermined number. Transaction rules can be set to monitor transaction data in a database to achieve this result. The transaction rules can be set for a generic product, for a specific product, or to exclude certain products. The system and the method issue an additional alert when data in a database indicates that the number of a specific product or of a type of product being sold in a selected time frame is below the selected predetermined number or another selected predetermined, for a selected period of time. | 02-06-2014 |
20140039974 | SYSTEM AND METHOD FOR USING CREDIT/DEBIT CARD TRANSACTION DATA AS A MEASURE OF CUSTOMER SATISFACTION WITH A MERCHANT - A system and a method for determining customer satisfaction with a selected merchant based on chargeback transaction data in a database of transactions. An indication, which can be a number representative of customer satisfaction, is generated by comparing the number of chargeback transactions for the selected merchant with the total number of transaction not involving chargebacks for that merchant. The comparison can be made during various time periods, such as from a month to a year. The indication representative of customer satisfaction for selected merchants may be made available to merchants and to consumers, so that comparisons may be made to other businesses to help make decisions concerning improving performance for a merchant, and for deciding from which merchant a consumer should make a purchase. The data is collected automatically as a result of the transactions, without requiring input from the consumer. | 02-06-2014 |
20140114787 | SYSTEM AND METHOD FOR ALLOWING FORWARD-SOLD GOODS PURCHASED VIA CREDIT/DEBIT CARD TO BE RESOLD - 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. | 04-24-2014 |
20140114789 | System and Method for Allowing Forward-Sold Goods Purchased via Payment Cards to be Resold - A system and a method for the resale of one or more forward-sold goods and/or services are provided that 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. For an immediate resale, a strike price is set by the purchaser at the time of purchase of a resellable forward-sold good. If the strike price is met by a bidder, this allows immediate transfer of the forward-sold good to the bidder. The availability of goods for resale can be determined by searching a web site for such goods. | 04-24-2014 |
20140207637 | System and Method for Using Credit/Debit Card Transaction Data to Determine Financial Health of a Merchant - A system and a method for determining financial health of a selected merchant based on chargeback transaction data in a database of transactions. An indication, which can be a number representative of financial health, is generated by comparing the number of chargeback transactions for the selected merchant with the total number of transactions not involving chargebacks for that merchant. The comparison can be made during various time periods, such as from a month to a year. The indication representative of financial health for selected merchants may be made available to a cardholder or consumer, especially a cardholder who has purchased one or more undelivered forward-sold goods and/or services from the merchant. The system and method helps ensure that a cardholder is informed in a timely manner of bankruptcy or insolvency of a merchant, thereby allowing the cardholder to take remedial action. | 07-24-2014 |
20140222638 | System and Method for Merchant Transfer of a Forward-Sold Good Contract - A system and a method are provided that each have the capability for immediate merchant transfer of a forward-sold good contract. At the time of purchase of a transferable/resellable forward-sold good, a merchant strike price is set by the merchant. If the merchant strike price is met by a bidding merchant, this allows transfer/resale of the forward-sold good contract to the bidding merchant. A system for merchant transfer of a forward-sold good contract by use of a merchant transferable website and database is also provided. | 08-07-2014 |
20140249917 | METHOD AND SYSTEM FOR A HOSTED MERCHANT AND CARDHOLDER TRANSACTION CACHE - A method for distributing cardholder transaction information includes: storing, in a database, a plurality of transaction data entries, wherein each transaction data entry includes data related to a previously conducted financial transaction involving at least one of a plurality of merchants and includes at least a merchant identifier, a consumer identifier, a transaction time and/or date, and transaction data; receiving, by a receiving device, a transaction cache request, wherein the transaction cache request includes at least a specific merchant identifier; identifying, by a processing device, a transaction data entry subset, wherein the transaction data entry subset includes a subset of the plurality of transaction data entries and where each transaction data entry in the transaction data entry subset includes at least the specific merchant identifier; and transmitting, by a transmitting device, the transaction data entry subset to a merchant associated with the specific merchant identifier. | 09-04-2014 |
20140278740 | SYSTEM AND METHOD FOR ANALYZING PAYMENT CARD TRANSACTION DATA - A method for analyzing payment card transaction data that includes storing transaction information, the transaction information including, for each transaction: an identifier of a physical terminal at which the transaction was conducted, an indicator of a time at which the transaction was conducted and an indicator of a cardholder account number to which the transaction is charged. The transaction information is analyzed to compute from the transaction information an indicator of a presumed acquaintance between a first cardholder with a first account number and any further cardholder with another account number in response to the cardholders conducting respective transactions within a period of time at a given terminal a plurality of times within a given interval with the interval being greater than the period of time. | 09-18-2014 |
Patent application number | Description | Published |
20140201076 | SYSTEMS AND METHODS FOR PROCESSING OFF-NETWORK TRANSACTION MESSAGES - 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. The method includes generating, at the payment services computer system, a services response. The services response is generated based on the registered payment services and the payment transaction data. The method additionally includes transmitting the services response to at least one of the cardholder and the requestor. | 07-17-2014 |
20150026070 | SYSTEMS AND METHODS FOR CORRELATING CARDHOLDER IDENTITY ATTRIBUTES ON A PAYMENT CARD NETWORK TO DETERMINE PAYMENT CARD FRAUD - A method and system for correlating cardholder identity attributes on a payment card interchange network using a computer device coupled to a database are provided. The method includes storing at a central store, personally identifiable information from an issuer for a plurality of payment card cardholders, the personally identifiable information encrypted to prevent payment card transaction data from being associated with the personally identifiable information, receiving, from a merchant, personally identifiable information during a payment card transaction, encrypting the received personally identifiable information, and comparing the encrypted stored personally identifiable information to the encrypted received personally identifiable information to determine a risk of fraud during the payment card transaction. | 01-22-2015 |
20150039506 | METHODS AND SYSTEMS FOR PROVIDING 3-D SECURE SERVICE ON-BEHALF-OF MERCHANTS - Systems and methods for conducting 3-D Secure transactions on-behalf-of (OBO) merchants. In an embodiment, a payer authentication response (PARes) message indicating enrollment in the 3-D Secure OBO merchants authentication service is received from an access control server by a computer and stored. The computer later receives a purchase transaction authorization request message, determines that data of the purchase transaction authorization request message matches stored PARes message data, and then injects a UCAF into the purchase transaction authorization request message to generate an updated transaction authorization request message. The updated transaction request message is then transmitted to an issuer financial institution for 3-D Secure purchase transaction authorization processing. | 02-05-2015 |
20150073988 | Methods and Systems of Facilitating Payments on a Payment Card Network - Methods and systems are provided for processing a transaction requesting payment of a first amount to a recipient. An exemplary method is performed at a network node of the system and comprises: identifying at least one payment parameter associated with the transaction; determining, in accordance with the at least one payment parameter, a plurality of account numbers associated with the transaction; and for each of the determined account numbers: determining a respective payment amount and a respective payment provider associated with the account number; and transmitting, to the determined payment provider, a subsequent request for payment of the determined payment amount. | 03-12-2015 |
20150154666 | FACILITATING CHARITABLE DONATIONS ON A BANKING SYSTEM - Methods, apparatus and systems for automatically calculating charitable donations for donors and for distributing the charitable donations in accordance with the donors' wishes to approved and/or registered recipients, such as approved charitable organizations. In some embodiments, the method includes receiving contributor information, recipient information and donation data during a predetermined period of time, and then aggregating the donations from a plurality of contributors into a plurality of recipient contribution amounts. The process also includes distributing, at the end of the predetermined period of time, the recipient contribution amounts to recipient financial institutions based on the contributor information, the recipient information and the donation data. | 06-04-2015 |
Patent application number | Description | Published |
20100063983 | MANAGEMENT OF STORAGE AND RETRIEVAL OF DATA LABELS IN RANDOM ACCESS MEMORY - According to an example embodiment, a technique may be provided for managing a label data base of which each entry comprises a data field for insertion into a respective packet in a multicast transmission and a validity field. The technique may include, for example, (a) establishing a fixed size for a cluster of labels, (b) associating with each cluster a pointer to another cluster, (c) establishing a sentinel cluster of which all entries are indicated to be invalid and of which the cluster pointer points to this sentinel cluster, (d) establishing a root table which defines the number of replications of the packet in a multicast group and identifies a first label cluster associated with the multicast group and (e) establishing a chain of clusters of which each cluster which is full of valid entries points to the next cluster in the chain and the last cluster which contains valid entries points to the sentinel cluster. | 03-11-2010 |
20120134356 | MANAGEMENT OF STORAGE AND RETRIEVAL OF DATA LABELS IN RANDOM ACCESS MEMORY - According to an example embodiment, a technique may be provided for managing a label data base of which each entry comprises a data field for insertion into a respective packet in a multicast transmission and a validity field. The technique may include, for example, (a) establishing a fixed size for a cluster of labels, (b) associating with each cluster a pointer to another cluster, (c) establishing a sentinel cluster of which all entries are indicated to be invalid and of which the cluster pointer points to this sentinel cluster, (d) establishing a root table which defines the number of replications of the packet in a multicast group and identifies a first label cluster associated with the multicast group and (e) establishing a chain of clusters of which each cluster which is full of valid entries points to the next cluster in the chain and the last cluster which contains valid entries points to the sentinel cluster. | 05-31-2012 |