When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
36 - Services financiers, assurances et affaires immobilières
Produits et services
computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; financial services, namely, debt settlement, loan services, and payment processing services in the field of credit payments; providing financial information; debt settlement services; bill payment services; clearing and reconciling financial transactions via electronic communications networks; providing a wide variety of payment and financial services, namely, credit by installments, installment loan payment services featuring payments by installments, electronic payment services involving processing and subsequent transmission of installment loan payment data; computerized financial services in the nature of on-line financing of purchases and providing financial information in the form of financial statements via the Internet and electronic means; providing transactional services relating to point-of-sale transactions in the nature of providing secure commercial transactions and payment options using a mobile device at a point of sale
3.
METHOD AND APPARATUS FOR MANAGING FINANCIAL TRANSACTIONS FOR SELECTIVE CONVERSION TO BUY NOW, PAY LATER FINANCING
A method of processing a customer transaction may include receiving an indication of a transaction between a customer and a vendor, checking an account status of a primary account of the customer at a customer bank, and determining, within a predetermined time of the indication, whether to accept or decline the transaction based on the account status. The method may further include, if the transaction is accepted, authorizing a transfer of funds to the vendor and communicating with the customer to determine whether to settle the transaction or handle the transaction as an installment loan to the customer.
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
09 - Appareils et instruments scientifiques et électriques
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
downloadable computer software for transaction authorization, credit authorization, and processing electronic payments; downloadable computer programs for credit authorization, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting data and information for use in financing of purchases; downloadable computer software for enabling users to purchase goods and services electronically; downloadable computer software for issuing receipts regarding mobile payment transactions; downloadable authentication software for controlling access to and communications with computers and computer networks computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device or debit card at a point of sale; financial services, namely, debt settlement, loan services, and payment processing services in the field of credit payments; debt settlement services; bill payment services; providing financial information; facilitating electronic processing of electronic funds transfers made via debit card, namely, verifying and processing of electronic funds transfer made via debit cards; financial and banking services, namely, processing debit card transactions; managed services, namely, fraud mitigation in the nature of fraud reimbursement services for purchases made with physical and virtual credit, debit, and prepaid card accounts and other payment accounts software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of on-line non-downloadable authentication software tools for controlling access to and communications with computers and computer networks; providing temporary use of online non-downloadable computer software for financial transactions, electronic payments, credit assessments, and identity and electronic signature verification; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card; design, development and implementation of software; providing temporary use of online non-downloadable computer software for tracking and analyzing payment activity; providing temporary use of online non-downloadable software used for point of sale transactions; Application service provider featuring application programming interfaces (APIs) software that allows third parties to integrate transaction authorization, credit authorization, electronic payment processing, and financing of purchases into their banking applications, banking platforms, and debit cards; providing temporary use of online non-downloadable software for fraud detection, fraud prevention, and fraud analytics
5.
SYSTEM, METHOD AND APPARATUS FOR EMPLOYING MACHINE LEARNING TO PREVENT PAYMENT FAILURES
A method for automatically avoiding failed customer payments with respect to electronic fund transfers may include receiving, by a facilitation agent, account transaction data associated with payments attempted with respect to a plurality of payment instruments for a plurality of customers, employing a machine learning platform to determine a predicted suitability rating for each of the plurality of payment instruments for the plurality of customers, transmitting a message to a selected one of the customers to provide an interface console with payment instrument options displayed based on the predicted suitability rating, and in response to selection of a payment instrument option by the selected one of the customers, modifying a payment source associated with a future payment to be made to a selected payment instrument associated with the selected payment instrument option.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
6.
SYSTEM, METHOD AND APPARATUS FOR EMPLOYING MACHINE LEARNING TO PREVENT OVERDRAFT FEES
A method for facilitating minimization of fees charged to customers with respect to electronic fund transfers associated with transactions may include receiving, by a facilitation agent, account transaction data associated with transactions initiated with respect to a plurality of customer accounts, employing a machine learning platform to identify fee charges in the account transaction data, employing the machine learning platform to determine a fee profile for the identified fee charges, the fee profile including a potential cause for each of the identified fee charges, employing the machine learning platform to define a settlement path to minimize a likelihood of triggering a fee for a given customer account associated with a transaction based on avoidance of the potential cause for each of the identified fee charges, and updating a settlement model based on the settlement path.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Personalized sales promotion services for third parties; Evaluations relating to commercial matters in the nature of consumer profiling, namely, evaluating customer data to identify optimal payment options for e-commerce transactions Providing payment and financial services, namely, providing personalized payment and financing options for businesses to offer to customers; Financing services; Providing information in the field of finance; Financial data analysis; Payment and funds verification services; Electronic commerce payment services, namely, providing payment options for e-commerce transactions based on evaluations of customer data; Financial transaction services, namely, providing secure payment options for merchants to offer in e-commerce transactions; Providing an internet website portal in the field of financial transaction and payment processing services Providing temporary use of online non-downloadable computer software for merchants that offers personalized promotions, payment or financing options to customers; Providing temporary use of online non-downloadable computer e-commerce software for merchants that analyzes customer data to accelerate sales conversion and advertises targeted promotions and offers to customers; Providing online non-downloadable software for managing multiple types of payment transactions that integrates with merchant online purchase flows; Application service provider (ASP) featuring e-commerce software for use as a payment gateway that evaluates data signals to present optimal payment options and then authorizes processing of installment, extended and interest-free split payments for merchants; Providing online non-downloadable software for analyzing consumer data for purposes of providing merchants with personalized payment options to offer customers in e-commerce transactions; Software as a services (SAAS) services featuring software for consumer data analysis and providing personalized promotion, payment and financing options for businesses to offer to customers; Computer services, namely, acting as an application service provider in the field of information management to host computer application software for the purpose of offering personalized promotions, payment or financing options to customers
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Personalized sales promotion services for third parties; Evaluations relating to commercial matters in the nature of consumer profiling, namely, evaluating customer data to identify optimal payment options for e-commerce transactions. Providing payment and financial services, namely, providing personalized payment and financing options for businesses to offer to customers; Financing services; Providing information in the field of finance; Financial data analysis; Payment and funds verification services; Electronic commerce payment services, namely, providing payment options for e-commerce transactions based on evaluations of customer data; Financial transaction services, namely, providing secure payment options for merchants to offer in e-commerce transactions; Providing an internet website portal in the field of financial transaction and payment processing services. Providing temporary use of online non-downloadable computer software for merchants that offers personalized promotions, payment or financing options to customers; Providing temporary use of online non-downloadable computer e-commerce software for merchants that analyzes customer data to accelerate sales conversion and advertises targeted promotions and offers to customers; Providing online non-downloadable software for managing multiple types of payment transactions that integrates with merchant online purchase flows; Application service provider (ASP) featuring e-commerce software for use as a payment gateway that evaluates data signals to present optimal payment options and then authorizes processing of installment, extended and interest-free split payments for merchants; Providing online non-downloadable software for analyzing consumer data for purposes of providing merchants with personalized payment options to offer customers in e-commerce transactions; Software as a services (SAAS) services featuring software for consumer data analysis and providing personalized promotion, payment and financing options for businesses to offer to customers; Computer services, namely, acting as an application service provider in the field of information management to host computer application software for the purpose of offering personalized promotions, payment or financing options to customers.
9.
METHOD AND APPARATUS FOR LOAN MATCHING WITH RESPECT TO PAYMENT INSTRUMENT TRANSACTIONS
A method of matching transactions to a loan includes receiving a transaction notification associated with customer use of a payment instrument having a persistent PAN for a transaction with a merchant, facilitating payment of the merchant on behalf of the customer in response to the transaction notification, executing a loan matching algorithm with respect to the transaction notification to determine whether to associate the transaction with an existing loan, responsive to the loan matching algorithm determining that the transaction is one of a plurality of transactions of a common purchase event associated with the existing loan, considering the existing loan as a matched loan, modifying the matched loan to include the transaction, responsive to not determining that the transaction is one among the plurality of transactions of the common purchase event, issuing a new loan for the customer based on the transaction, and facilitating servicing the new or modified loan.
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/34 - Architectures, schémas ou protocoles de paiement caractérisés par l'emploi de dispositifs spécifiques utilisant des cartes, p. ex. cartes à puces ou cartes magnétiques
A method for providing a voluntary down payment interface in association with a financing offer may include providing, to a remote device of a customer in association with a transaction between a merchant and the customer, an indication of a financing offer associated with a loan, providing, on a same page or screen of the remote device as the indication of the financing offer, a selectable option to display a down payment selector interface for making the voluntary down payment, responsive to the selectable option being selected, displaying the down payment selector interface, and, responsive to the selectable option not being selected, hiding or not displaying the down payment selector interface.
A method of matching transactions to a loan includes receiving a transaction notification associated with customer use of a payment instrument having a persistent PAN for a transaction with a merchant, facilitating payment of the merchant on behalf of the customer in response to the transaction notification, executing a loan matching algorithm with respect to the transaction notification to determine whether to associate the transaction with an existing loan, responsive to the loan matching algorithm determining that the transaction is one of a plurality of transactions of a common purchase event associated with the existing loan, considering the existing loan as a matched loan, modifying the matched loan to include the transaction, responsive to not determining that the transaction is one among the plurality of transactions of the common purchase event, issuing a new loan for the customer based on the transaction, and facilitating servicing the new or modified loan.
A method for providing an interface for user controlled loan repayment may include receiving, from a remote device of a customer, a request to initiate a modification activity with respect to a loan, determining a list of modification activities applicable to the loan and the customer, the list of modification activities including a first modification activity and a second modification activity, wherein at least one of the first modification activity or the second modification activity includes a request to change repayment parameters associated with the loan, providing instructions to the remote device to display the list of modification activities, receiving a selected modification activity from the remote device, and recording updated loan terms based on the selected modification activity.
A distributed payment system may include a first bank at which a user deposit account of a customer is established where the user deposit account is associated with a vehicle of the customer to fund transactions initiated via the payment vehicle, a second bank at which a facilitator account of a card issuer of the payment vehicle is established, and a facilitation agent in communication with a first bank agent of the first bank and a second bank agent of the second bank to issue messages or system triggers associated with money transfers within the distributed payment system. The facilitation agent establishes a facilitator clearing account to hold unreconciled funds of customers having payment vehicles and deposit accounts at the first bank, and establishes a facilitator servicing account to hold reconciled funds of the customers having payment vehicle and deposit accounts at the first bank. The facilitation agent facilitates real time transfer of money into and out of the user deposit account with respect to the facilitator clearing account responsive to the customer initiating a transaction, facilitates a net transfer of money between the facilitator clearing account and the facilitator servicing account based on summing all transactions in a given period, and facilitates a transfer of funds between the facilitator servicing account and the facilitator account of the second bank based on the summing of all transactions in the given period.
G06Q 20/02 - Architectures, schémas ou protocoles de paiement impliquant un tiers neutre, p. ex. une autorité de certification, un notaire ou un tiers de confiance
14.
METHOD AND APPARATUS FOR FACILITATING PROVISION OF EXPOSURE MANAGEMENT BASED ON STREAMING DATA FEEDS VIA MACHINE LEARNING AND LOW LATENCY MODELING
A method for expediting speed and enhancing accuracy of debit limit determinations based on streaming data feeds may include monitoring event data for an event trigger that, when received, directs a call to determine a debit limit for a customer, receiving streaming data from a plurality of arbitrary sources, the streaming data including features evaluated by a business logic module to determine the debit limit for the customer, employing a machine learning module to extract the features from the streaming data and supply the extracted features to the business logic module, and determining the debit limit based on the extracted features via the business logic module responsive to the event trigger.
G06Q 20/26 - Schémas de débit, c.-à-d. de "paiement immédiat"
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 40/02 - Opérations bancaires, p. ex. calcul d'intérêts ou tenue de compte
15.
METHOD AND APPARATUS FOR HANDLING OF REFUNDS IN ASSOCIATION WITH A FUNCTIONALLY DYNAMIC CARD
G06Q 20/34 - Architectures, schémas ou protocoles de paiement caractérisés par l'emploi de dispositifs spécifiques utilisant des cartes, p. ex. cartes à puces ou cartes magnétiques
G06Q 30/016 - Fourniture d’une assistance aux clients, p. ex. pour assister un client dans un lieu commercial ou par un service d’assistance après-vente
A method for providing personalized prequalification of a customer may include receiving identification information of the user associated with user activity on a website of a merchant or lender, conducting a financing program prequalification determination for the user based on the identification information and a set of prequalification criteria without any request from the user for financing, receiving an indication that the user is not prequalified based on the financing program prequalification determination, providing instructions for generation of a prequalification engagement notification at a display of a user device associated with the user responsive to the indication, and, responsive to selection of the prequalification engagement notification, providing one or more guidance instructions for generation at the display of the user device for the user to provide prequalification requirement data for a subsequent performance of the financing program prequalification determination.
A method for facilitating minimization of insufficient funds returns for ACH transfers associated with transactions may include receiving an account status associated with a bank account of a customer having a value card associated with financial transactions from the bank account, receiving status update information including account transaction data and/or user profile information associated the bank account of the customer, modifying the account status to determine an estimated account balance for the bank account based on the status update information, receiving an indication of a financial transaction involving the value card between the customer and a merchant and for which an ACH request is to be issued with respect to the bank account, employing responsive to the indication of the financial transaction a scoring algorithm based on the estimated account balance and an amount of the financial transaction to determine a success score indicative of a likelihood of avoiding an insufficient funds return for the ACH request, and determining based on the success score whether to approve the financial transaction.
G06Q 20/02 - Architectures, schémas ou protocoles de paiement impliquant un tiers neutre, p. ex. une autorité de certification, un notaire ou un tiers de confiance
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
G06Q 40/02 - Opérations bancaires, p. ex. calcul d'intérêts ou tenue de compte
18.
SYSTEM, METHOD AND APPARATUS FOR FASTER ACH TRANSFER PROCESSING
A method for facilitating early capture of automated clearing house (ACH) transfers associated with transactions may include providing a descriptor into an ACH file associated with a fund transfer between a customer and a merchant for a target transaction financed by the facilitation agent, initiating a lending limitation on financing available to the customer based on an amount of the target transaction until the target transaction is captured or a predetermined period of time has passed without receiving a notice of insufficient funds from a customer bank having a bank account of the customer from which an ACH transfer is requested by the ACH file, receiving bank account transaction data associated with candidate transactions from the bank account of the customer, employing a matching algorithm on the bank account transaction data to determine whether there is a match between the target transaction and one of the candidate transactions, and, responsive to determining the match before passage of the predetermined time, considering the target transaction to be captured and releasing the lending limitation.
G06Q 20/02 - Architectures, schémas ou protocoles de paiement impliquant un tiers neutre, p. ex. une autorité de certification, un notaire ou un tiers de confiance
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
G06Q 40/02 - Opérations bancaires, p. ex. calcul d'intérêts ou tenue de compte
A method of providing merchant risk monitoring may include receiving structured data that is directly associated with transactional operations of a merchant, and is formatted for application to a risk rating module, receiving unstructured data that is directly associated with the transactional operations of the merchant, but which is not formatted for application to the risk rating module, receiving non-traditional data that is not directly associated with the transactional operations of the merchant and is not formatted for application to the risk rating module, filtering the non-traditional data for relevance to merchant risk to define filtered data, pre-treating the unstructured data to generate pre-treated data that is formatted for application to the risk rating module, and applying the filtered data, the pre-treated data and the structured data to the risk rating module to employ machine learning for generation of a risk rating for the merchant.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
21.
METHOD AND APPARATUS FOR ANALYZING UNSTRUCTURED DATA TO CONDITION SIGNALS FOR FACILITATING PROVISION OF MERCHANT LOSS PREVENTION
A method of extracting and conditioning content for use in a hierarchically structured merchant risk monitoring environment may include receiving an indication of a merchant under consideration, identifying one or more web pages likely to have information associated with travel exposure for the merchant under consideration based on the indication, conducting data scraping on the identified one or more web pages to attempt to obtain scraped travel exposure data, responsive to obtaining the scraped travel exposure data, employing a machine learning module to determine a travel risk exposure estimate based on the scraped travel exposure data, and responsive to not obtaining the scraped travel exposure data, determining the risk exposure estimate based on a predefined travel risk estimate associated with an industry classification of the merchant under consideration.
A method for expediting speed and enhancing accuracy of debit limit determinations based on streaming data feeds may include monitoring event data for an event trigger that, when received, directs a call to determine a debit limit for a customer, receiving streaming data from a plurality of arbitrary sources, the streaming data including features evaluated by a business logic module to determine the debit limit for the customer, employing a machine learning module to extract the features from the streaming data and supply the extracted features to the business logic module, and determining the debit limit based on the extracted features via the business logic module responsive to the event trigger.
09 - Appareils et instruments scientifiques et électriques
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Downloadable computer software for transaction authorization, credit authorization, and processing electronic payments; downloadable computer programs for credit authorization, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting data and information for use in financing of purchases; downloadable computer software for enabling users to purchase goods and services electronically; downloadable software in the nature of a mobile application for enabling users to purchase goods and services electronically, as well as transaction authorization, credit authorization, processing electronic payments, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting data and information for use in financing of purchases; downloadable computer software for viewing and managing financial accounts; magnetically encoded debit cards. Computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device or debit card at a point of sale; financial services, namely, debt settlement, loan services, and payment processing services in the field of credit payments; debt settlement services; bill payment services; providing financial information; savings and checking account services; financial and banking services, namely, processing debit card transactions. Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of on-line non-downloadable authentication software tools for controlling access to and communications with computers and computer networks; providing temporary use of online non-downloadable computer software for financial transactions, electronic payments, credit assessments, and identity and electronic signature verification; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card; design, development and implementation of software.
36 - Services financiers, assurances et affaires immobilières
Produits et services
Computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device or debit card at a point of sale; financial services, namely, debt settlement, loan services, and payment processing services in the field of credit payments; debt settlement services; bill payment services; providing financial information; savings and checking account services; financial and banking services, namely, processing debit card transactions.
25.
SYSTEM, METHOD AND APPARATUS FOR PERSONALIZATION OF PREQUALIFICATION FOR FINANCING PROGRAMS
A method for providing personalized prequalification of a customer may include receiving identification information of the user associated with user activity on a website of a merchant or lender, conducting a financing program prequalification determination for the user based on the identification information and a set of prequalification criteria without any request from the user for financing, receiving an indication that the user is not prequalified based on the financing program prequalification determination, providing instructions for generation of a prequalification engagement notification at a display of a user device associated with the user responsive to the indication, and, responsive to selection of the prequalification engagement notification, providing one or more guidance instructions for generation at the display of the user device for the user to provide prequalification requirement data for a subsequent performance of the financing program prequalification determination.
A web based finance system allows users to refinance past eligible purchasing transactions. The system can include a system server(s) which is in communication through a network with client computing devices associated with customers. The server can receive customer information and determine a refinancing value range based upon the user has a bank account and/or credit risk rating information. The server can identify prior eligible credit card purchases for refinancing and the customer can select one or more purchases for refinancing and the refinancing loan terms.
A method for processing a transaction including a product return may include receiving an indication of the transaction associated with a purchase of a product from a merchant via a value card of a customer, where the value card is usable to support multiple transaction types including a debit purchase or a credit purchase, and receiving an indication of selected transaction type indicating whether the transaction is to be treated as an instance of the debit purchase or the credit purchase. The method may further include directing funds to the merchant in an amount of the transaction, selectively processing the transaction with respect to the customer based on the selected transaction type, storing a transaction record indicating the amount of the transaction and the selected transaction type, receiving a product return indication, retrieving the transaction record to determine the amount of the transaction and the selected transaction type, determining a refund path based on the selected transaction type, and processing the product return based on the refund path determined.
A method for facilitating early capture of automated clearing house (ACH) transfers associated with transactions may include providing a descriptor into an ACH file associated with a fund transfer between a customer and a merchant for a target transaction financed by the facilitation agent, initiating a lending limitation on financing available to the customer based on an amount of the target transaction until the target transaction is captured or a predetermined period of time has passed without receiving a notice of insufficient funds from a customer bank having a bank account of the customer from which an ACH transfer is requested by the ACH file, receiving bank account transaction data associated with candidate transactions from the bank account of the customer, employing a matching algorithm on the bank account transaction data to determine whether there is a match between the target transaction and one of the candidate transactions, and, responsive to determining the match before passage of the predetermined time, considering the target transaction to be captured and releasing the lending limitation.
G06Q 20/02 - Architectures, schémas ou protocoles de paiement impliquant un tiers neutre, p. ex. une autorité de certification, un notaire ou un tiers de confiance
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
29.
SYSTEM, METHOD AND APPARATUS FOR PREVENTING INSUFFICIENT FUNDS RETURNS IN FINANCIAL TRANSACTION PROCESSING
A method for facilitating minimization of insufficient funds returns for ACH transfers associated with transactions may include receiving an account status associated with a bank account of a customer having a value card associated with financial transactions from the bank account, receiving status update information including account transaction data and/or user profile information associated the bank account of the customer, modifying the account status to determine an estimated account balance for the bank account based on the status update information, receiving an indication of a financial transaction involving the value card between the customer and a merchant and for which an ACH request is to be issued with respect to the bank account, employing responsive to the indication of the financial transaction a scoring algorithm based on the estimated account balance and an amount of the financial transaction to determine a success score indicative of a likelihood of avoiding an insufficient funds return for the ACH request, and determining based on the success score whether to approve the financial transaction.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
A method of facilitating a dynamic interchange in relation to a transaction associated with a payment card may include receiving pre-purchase information from a customer identifying a future transaction and indicating customer intent with respect to treatment of the future transaction, receiving an indication of a current transaction between a customer and a merchant using the payment card, and determining whether to assign the customer intent to the current transaction based on the pre-purchase information. The method may further include, in response to determining to assign the customer intent to the current transaction, providing coded information into an authorization message to indicate the customer intent and enable a payment processor handling transfer of funds to the merchant in association with completing the current transaction to apply a selected changeable interchange fee to the current transaction.
A method of facilitating merchant self-service assistance to financing and content support for a marketing event may include receiving a request from a merchant for approval for financing and content generation to support the marketing event and determining whether to approve the merchant based on comparing information provided in the request to approval standards. The method may further include, responsive to approval of the merchant, receiving context information regarding content requested, and providing the content requested to the merchant based on the context information to support the marketing event.
When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
G06Q 20/00 - Architectures, schémas ou protocoles de paiement
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
33.
METHOD AND APPARATUS FOR FACILITATING PROVISION OF MERCHANT PREQUALIFICATION AMOUNTS TO USERS
A method of facilitating communication of proactive prequalification for financing to customers may include determining a set of eligible candidate customers for proactive loan prequalification, performing credit determinations on the set of eligible candidate customers to identify a set of selected candidates to receive a proactive guarantee of financing, communicating a qualification notification to at least some of the set of selected candidates indicating the proactive guarantee of financing, and responsive to receiving an indication of a transaction associated with the qualification notification, and meeting parameters defined in association with the qualification notification, facilitating a loan to a customer initiating the transaction.
A method of facilitating communication of proactive prequalification for financing to customers may include determining a set of eligible candidate customers for proactive loan prequalification, performing credit determinations on the set of eligible candidate customers to identify a set of selected candidates to receive a proactive guarantee of financing, communicating a qualification notification to at least some of the set of selected candidates indicating the proactive guarantee of financing, and responsive to receiving an indication of a transaction associated with the qualification notification, and meeting parameters defined in association with the qualification notification, facilitating a loan to a customer initiating the transaction.
A method for exploring lending approval model improvement may include receiving a plurality of loan applications, applying a model to the loan applications to determine an approved set of customers approved for financing under the model and a set of rejected customers rejected for financing under the model, determining, from the set of rejected customers, a selected group of rejected customers and approving the selected group for financing, where loan repayment activity of the selected group defines an exploratory data set, determining, based on the exploratory data set, a set of successful rejected applicants that repay loans associated with the financing for which the selected group was approved, and employing the exploratory data set to evaluate the model for replacement or modification based on the set of successful rejected applicants.
A method for providing a voluntary down payment interface in association with a financing offer may include providing, to a remote device of a customer in association with a transaction between a merchant and the customer, an indication of a financing offer associated with a loan, providing, on a same page or screen of the remote device as the indication of the financing offer, a selectable option to display a down payment selector interface for making the voluntary down payment, responsive to the selectable option being selected, displaying the down payment selector interface, and, responsive to the selectable option not being selected, hiding or not displaying the down payment selector interface.
A method for providing a voluntary down payment interface in association with a financing offer may include providing, to a remote device of a customer in association with a transaction between a merchant and the customer, an indication of a financing offer associated with a loan, providing, on a same page or screen of the remote device as the indication of the financing offer, a selectable option to display a down payment selector interface for making the voluntary down payment, responsive to the selectable option being selected, displaying the down payment selector interface, and, responsive to the selectable option not being selected, hiding or not displaying the down payment selector interface.
A method for exploring lending approval model improvement may include receiving a plurality of loan applications, applying a model to the loan applications to determine an approved set of customers approved for financing under the model and a set of rejected customers rejected for financing under the model, determining, from the set of rejected customers, a selected group of rejected customers and approving the selected group for financing, where loan repayment activity of the selected group defines an exploratory data set, determining, based on the exploratory data set, a set of successful rejected applicants that repay loans associated with the financing for which the selected group was approved, and employing the exploratory data set to evaluate the model for replacement or modification based on the set of successful rejected applicants.
A method for providing financing in connection with product scanning self-checkout may include receiving user information associated with a self-checkout product scanning application, providing a link to a financing option for a transaction to purchase one or more items in a virtual cart of the self-checkout product scanning application for provision to a customer associated with the user information received, responsive to selection of the link by the customer, performing a credit extension decision with respect to a financing option based on the user information and transaction information associated with the transaction, and, responsive to an approval from the credit extension decision, financing the transaction by providing payment for the transaction to a merchant associated with the self-checkout product scanning application.
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/26 - Schémas de débit, c.-à-d. de "paiement immédiat"
G06Q 20/32 - Architectures, schémas ou protocoles de paiement caractérisés par l'emploi de dispositifs spécifiques utilisant des dispositifs sans fil
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
40.
INTEGRATION OF FINANCING INTO A CUSTOMER SELF-CHECKOUT INVOLVING SCANNING PRODUCTS WITH A USER DEVICE
A method for providing financing in connection with product scanning self-checkout may include receiving user information associated with a self-checkout product scanning application, providing a link to a financing option for a transaction to purchase one or more items in a virtual cart of the self-checkout product scanning application for provision to a customer associated with the user information received, responsive to selection of the link by the customer, performing a credit extension decision with respect to a financing option based on the user information and transaction information associated with the transaction, and, responsive to an approval from the credit extension decision, financing the transaction by providing payment for the transaction to a merchant associated with the self-checkout product scanning application.
A login system allows users to access computer systems without using a password. The passwordless system and method can use other information to securely and reliably identify true authorized system users. The identity of a user can be associated with their mobile device. The login can be based upon a minimal amount of information such as a name and a phone number which can be stored as an identification record for each of the users in a database.
G06F 21/35 - Authentification de l’utilisateur impliquant l’utilisation de dispositifs externes supplémentaires, p. ex. clés électroniques ou cartes à puce intelligentes communiquant sans fils
H04L 67/10 - Protocoles dans lesquels une application est distribuée parmi les nœuds du réseau
42.
SYSTEM, METHOD AND APPARATUS FOR OPTIMIZATION OF FINANCING PROGRAMS
A method for identifying a set of optimized financing programs to provide to a merchant may include receiving historical loan application data defining historical parameters associated with corresponding historical loan applications, replacing at least a portion of the historical parameters of the historical loan application data with new parameters associated with different loan terms to define a simulated loan data set defining simulated financing programs, determining a selection probability score for each of the simulated financing programs, the selection probability score indicating a likelihood of customer selection of each respective one of the simulated financing programs, determining a cash flow rating for each of the simulated financing programs, the cash flow rating estimating cash flow over time for the each respective one of the simulated financing programs, determining a valuation score based on the selection probability score and the cash flow rating of the each respective one of the simulated financing programs, and determining the set of optimized financing programs based on the valuation score of the each respective one of the simulated financing programs.
A method of processing a customer transaction may include receiving an estimated purchase amount and merchant identity information defining a future purchase from a customer, providing loan terms associated with one or more financing options corresponding to the defined future purchase, responsive to the customer agreeing to terms on a selected financing option, storing the financing option in association with the estimated purchase amount and the merchant identity information, responsive to receiving an indication of a transaction between the customer and a merchant, determining whether the transaction maps to the defined future purchase, and originating a loan to finance the transaction in accordance with the selected financing option in response to the transaction mapping to the defined future purchase.
A method of processing a customer transaction may include receiving an estimated purchase amount and merchant identity information defining a future purchase from a customer, providing loan terms associated with one or more financing options corresponding to the defined future purchase, responsive to the customer agreeing to terms on a selected financing option, storing the financing option in association with the estimated purchase amount and the merchant identity information, responsive to receiving an indication of a transaction between the customer and a merchant, determining whether the transaction maps to the defined future purchase, and originating a loan to finance the transaction in accordance with the selected financing option in response to the transaction mapping to the defined future purchase.
A method for identifying a set of optimized financing programs to provide to a merchant may include receiving historical loan application data defining historical parameters associated with corresponding historical loan applications, replacing at least a portion of the historical parameters of the historical loan application data with new parameters associated with different loan terms to define a simulated loan data set defining simulated financing programs, determining a selection probability score for each of the simulated financing programs, the selection probability score indicating a likelihood of customer selection of each respective one of the simulated financing programs, determining a cash flow rating for each of the simulated financing programs, the cash flow rating estimating cash flow over time for the each respective one of the simulated financing programs, determining a valuation score based on the selection probability score and the cash flow rating of the each respective one of the simulated financing programs, and determining the set of optimized financing programs based on the valuation score of the each respective one of the simulated financing programs.
A method for employing adaptive credit decisions in relation to extension of a loan to a user may include receiving user information associated with the user and transaction information associated with a transaction of the user with respect to a product or service offered by a vendor, employing a first credit decision model to execute a first credit extension decision with respect to a first type of financing option based on the user information and the transaction information, employing a second credit decision model to execute a second credit extension decision with respect to a second type of financing option based on the user information and the transaction information, and determining, based on the first and second credit extension decisions, whether to extend a credit offer to the user when the user proceeds to checkout for the transaction.
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
A web based finance system allows users to refinance past eligible purchasing transactions. The system can include a system server(s) which is in communication through a network with client computing devices associated with customers. The server can receive customer information and determine a refinancing value range based upon the user has a bank account and/or credit risk rating information. The server can identify prior eligible credit card purchases for refinancing and the customer can select one or more purchases for refinancing and the refinancing loan terms.
A method of facilitating merchant self-service assistance to financing and content support for a marketing event may include receiving a request from a merchant for approval for financing and content generation to support the marketing event and determining whether to approve the merchant based on comparing information provided in the request to approval standards. The method may further include, responsive to approval of the merchant, receiving context information regarding content requested, and providing the content requested to the merchant based on the context information to support the marketing event.
A method of facilitating merchant self-service assistance to financing and content support for a marketing event may include receiving a request from a merchant for approval for financing and content generation to support the marketing event and determining whether to approve the merchant based on comparing information provided in the request to approval standards. The method may further include, responsive to approval of the merchant, receiving context information regarding content requested, and providing the content requested to the merchant based on the context information to support the marketing event.
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device or debit card at a point of sale; financial services, namely, debt settlement, loan services, and payment processing services in the field of payments; debt settlement services; bill payment services; providing financial information; savings and checking account services; financial and banking services, namely, processing debit card transactions Providing on-line non-downloadable software for performing financial transactions and managing financial accounts via a global computer network, namely, opening financial accounts, accessing financial account information, processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card
51.
METHOD AND APPARATUS FOR FACILITATING AN AGGREGATED MARKETPLACE FOR PROVIDING FINANCING OFFERS IN AN ONLINE COMMERCIAL ECOSYSTEM
A method for facilitating presentation of financial offers from multiple sources on a single platform may include receiving an indication of a request from a customer for a financing offer, receiving qualification information associated with the request for provision to a plurality of underwriting models where the underwriting models are associated with respective different underwriters, running each of the underwriting models to detemine a listing of approving underwriters, applying curation logic to the listing of approving underwriters, selecting, based on the curation logic, one or more of the approving underwriters to receive a generated offer, and directing display, at a communication device associated with the customer, of the generated offer for each of the one or more of the approving underwriters that is selected.
A method for facilitating presentation of financial offers from multiple sources on a single platform may include receiving an indication of a request from a customer for a financing offer, receiving qualification information associated with the request for provision to a plurality of underwriting models where the underwriting models are associated with respective different underwriters, running each of the underwriting models to determine a listing of approving underwriters, applying curation logic to the listing of approving underwriters, selecting, based on the curation logic, one or more of the approving underwriters to receive a generated offer, and directing display, at a communication device associated with the customer, of the generated offer for each of the one or more of the approving underwriters that is selected.
A method of processing communications and actions of parties to a transaction may include receiving a request from a customer to use a virtual card to affect the transaction with a vendor or merchant. The virtual card may have a persistent primary account number (PAN) that enables the virtual card to be used for obtaining financing for multiple transactions without changing the persistent PAN. The method may further include facilitating payment of the vendor or merchant on behalf of the customer in response to the request, establishing a loan for the customer based on the transaction, and facilitating servicing the loan based on an activity of the customer after the loan is established.
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 20/34 - Architectures, schémas ou protocoles de paiement caractérisés par l'emploi de dispositifs spécifiques utilisant des cartes, p. ex. cartes à puces ou cartes magnétiques
54.
METHOD AND APPARATUS FOR PROVISION OF A VIRTUAL CARD HAVING A PERSISTENT PRIMARY ACCOUNT NUMBER
A method of processing communications and actions of parties to a transaction may include receiving a request from a customer to use a virtual card to affect the transaction with a vendor or merchant. The virtual card may have a persistent primary account number (PAN) that enables the virtual card to be used for obtaining financing for multiple transactions without changing the persistent PAN. The method may further include facilitating payment of the vendor or merchant on behalf of the customer in response to the request, establishing a loan for the customer based on the transaction, and facilitating servicing the loan based on an activity of the customer after the loan is established.
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/34 - Architectures, schémas ou protocoles de paiement caractérisés par l'emploi de dispositifs spécifiques utilisant des cartes, p. ex. cartes à puces ou cartes magnétiques
A method of facilitating merchant onboarding to a selective financing and payment platform may include automatically gathering information on a plurality of websites of candidate merchants and automatically processing the gathered information with a selected underwriting algorithm to determine whether one or more of the candidate merchants are eligible to be selected candidates for integration into the selective financing and payment platform. The method may further include, responsive to identification of a selected candidate determined to be eligible, providing an onboarding package to the selected candidate to enable the selected candidate to offer financing terms to customers via the selective financing and payment platform.
A method of facilitating merchant onboarding to a selective financing and payment platform may include automatically gathering information on a plurality of websites of candidate merchants and automatically processing the gathered information with a selected underwriting algorithm to determine whether one or more of the candidate merchants are eligible to be selected candidates for integration into the selective financing and payment platform. The method may further include, responsive to identification of a selected candidate determined to be eligible, providing an onboarding package to the selected candidate to enable the selected candidate to offer financing terms to customers via the selective financing and payment platform.
09 - Appareils et instruments scientifiques et électriques
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Computer software for transaction authorization and credit
authorization. Software as a service (SAAS) services featuring software for
processing electronic payments, authorizing financial
transactions, managing and tracking electronic payment
information and facilitating e-commerce services for others,
namely, for allowing users to perform electronic business
transactions via a global computer network; platform as a
service (PAAS) services featuring software tools for users
to build customized applications for processing electronic
payments, authorizing financial transactions, managing
electronic payment information, facilitating electronic
payments and financial transactions, and performing
electronic business transactions via a global computer
network; providing temporary use of on-line non-downloadable
software tools for processing electronic payments; providing
temporary use of online non-downloadable software for
facilitating electronic funds transfers and payments made
via debit card.
58.
Method and Apparatus for Facilitating Merchant Cash Advances on the Basis of Forecasted Return Volume
A method of evaluating a merchant cash advance option may include receiving time series information including a plurality of signals representing transactions of merchants and customers where at least one of the signals relates to product returns. The method may further include aggregating the time series information, generating a plurality of trained models associated with the product returns, employing a selected model to forecast return volume and repurchase volume for a given merchant, determining a risk assessment value for the given merchant, and, if the risk assessment value is below a risk threshold, providing an offer of a merchant cash advance to the given merchant based on the forecast return volume and repurchase volume.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
59.
Method and Apparatus for Facilitating Provision of Instant Credit to Customers VIA Rapid and Machine Learning Supported Underwriting Decisions
A method of facilitating a product return transaction may include receiving product return data from a merchant indicating merchant-specific information on product returns to the merchant and receiving an indication of a product return request from a customer. The method may further include employing a trained model to determine a likelihood of return rating associated with physical receipt of a returned product associated with the product return request based on the product return data, responsive to the likelihood of return rating exceeding a threshold, extending a credit to the customer based on a value of the returned product, and enabling the customer to initiate a product repurchase using the credit.
A method of facilitating a product return transaction may include receiving product return data from a merchant indicating merchant-specific information on product returns to the merchant and receiving an indication of a product return request from a customer. The method may further include employing a trained model to determine a likelihood of return rating associated with physical receipt of a returned product associated with the product return request based on the product return data, responsive to the likelihood of return rating exceeding a threshold, extending a credit to the customer based on a value of the returned product, and enabling the customer to initiate a product repurchase using the credit.
A method of evaluating a merchant cash advance option may include receiving time series information including a plurality of signals representing transactions of merchants and customers where at least one of the signals relates to product returns. The method may further include aggregating the time series information, generating a plurality of trained models associated with the product returns, employing a selected model to forecast return volume and repurchase volume for a given merchant, determining a risk assessment value for the given merchant, and, if the risk assessment value is below a risk threshold, providing an offer of a merchant cash advance to the given merchant based on the forecast return volume and repurchase volume.
A method of recommending products in association with product returns may include receiving a return request from a customer associated with a returned product and receiving search results based on a search for relevant products to the returned product. The method may further include filtering the search results based on a likelihood of return rating of at least some of the relevant products, and displaying a plurality of recommended products based on the filtering of the search results.
Financing tools can provide a flexible credit services to customer. A credit service provider can collect personal data from clients that can include a mobile telephone number and a legal name of the client as well as purchase information from a merchant. Based upon the collected data, the system can determine a client credit risk. The system can make a credit decision to offer a client credit to purchase goods or services based upon the credit risk.
A method of recommending products in association with product returns may include receiving a return request from a customer associated with a returned product and receiving search results based on a search for relevant products to the returned product. The method may further include filtering the search results based on a likelihood of return rating of at least some of the relevant products, and displaying a plurality of recommended products based on the filtering of the search results.
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Software as a service (SAAS) services featuring software for
processing electronic payments, authorizing financial
transactions, managing and tracking electronic payment
information and facilitating e-commerce services for others,
namely, for allowing users to perform electronic business
transactions via a global computer network; platform as a
service (PAAS) services featuring software tools for users
to build customized applications for processing electronic
payments, authorizing financial transactions, managing
electronic payment information, facilitating electronic
payments and financial transactions, and performing
electronic business transactions via a global computer
network; providing temporary use of on-line non-downloadable
software tools for processing electronic payments; providing
temporary use of online non-downloadable software for
facilitating electronic funds transfers and payments made
via debit card.
36 - Services financiers, assurances et affaires immobilières
Produits et services
Computerized financial transaction authorization, namely,
providing secure commercial transactions and payment
options; computerized financial transaction authorization,
namely, providing secure commercial transactions and payment
options using a mobile device at a point of sale; financial
services, namely, debt settlement; debt settlement services;
bill payment services; providing financial information.
A web based finance system allows users to refinance past eligible purchasing transactions. The system can include a system server(s) which is in communication through a network with client computing devices associated with customers. The server can receive customer information and determine a refinancing value range based upon the user has a bank account and/or credit risk rating information. The server can identify prior eligible credit card purchases for refinancing and the customer can select one or more purchases for refinancing and the refinancing loan terms.
Financing tools can provide a flexible credit services to customer. A credit service provider can collect personal data from clients that can include a mobile telephone number and a legal name of the client as well as purchase information from a merchant. Based upon the collected data, the system can determine a client credit risk. The system can make a credit decision to offer a client credit to purchase goods or services based upon the credit risk.
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
(1) Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card, none of the foregoing for use in connection with digital certificates
36 - Services financiers, assurances et affaires immobilières
Produits et services
(1) Computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device at a point of sale; financial services, namely, debt settlement; debt settlement services; bill payment services; providing information in the field of financial transactions and payment processing services via a website, mobile applications, and computer application software
09 - Appareils et instruments scientifiques et électriques
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
(1) Computer software for use in authorizing financial transactions and authorizing credit card transactions. (1) Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card.
72.
System, Method and Apparatus for Providing Improved Electronic Disclosure of Credit Terms
A method for providing an interface to a user in relation to extension of a loan to the user may include receiving user information associated with the user and transaction information associated with a transaction of the user with respect to a product or service offered by a vendor. The method may further include, responsive to a credit extension decision with respect to a financing option based on the user information and the transaction information, generating one or more credit offers to present to the user, and, responsive to user selection of a selected credit offer, generating a composite disclosure comprising a first section including payment details for pay back of a loan associated with the selected credit offer and a second section including legal or required disclosure materials associated with the selected credit offer.
G06Q 40/02 - Opérations bancaires, p. ex. calcul d'intérêts ou tenue de compte
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
36 - Services financiers, assurances et affaires immobilières
Produits et services
Charitable services, namely, organizing and conducting volunteer programs in the fields of financial literacy, technology, and community outreach Charitable fundraising services; corporate responsibility initiatives in the field of philanthropy, namely, charitable services in the nature of providing grants that help to support communities and businesses; providing grants to and making capital investments in organizations seeking to strengthen community development; charitable foundation services, namely, providing financial assistance for programs and services of others; charitable foundation services, namely, providing financial support to non-profit organizations for providing financial literacy and technology education and training services
36 - Services financiers, assurances et affaires immobilières
Produits et services
Charitable services, namely, organizing and conducting volunteer programs in the fields of financial literacy, technology, and community outreach Charitable fundraising services; corporate responsibility initiatives in the field of philanthropy, namely, charitable services in the nature of providing grants that help to support communities and businesses; providing grants to and making capital investments in organizations seeking to strengthen community development; charitable foundation services, namely, providing financial assistance for programs and services of others; charitable foundation services, namely, providing financial support to non-profit organizations for providing financial literacy and technology education and training services
75.
SYSTEM, METHOD AND APPARATUS FOR PROVIDING MIXED CART FINANCING OPTIONS
A method for employing item-level financing offers in relation to extension of a loan to a user for an online cart including multiple items may include receiving information identifying a first item in the online cart and receiving information identifying a second item in the online cart. The method may further include performing a first credit extension decision with respect to the first item, performing a second credit extension decision with respect to the second item, and providing, based on the first and second credit extension decisions, a financing offer to the user with respect to financing a transaction including both the first and second items. The financing offer includes item-level information regarding details of the first and second credit extension deci sions.
A method for employing item-level financing offers in relation to extension of a loan to a user for an online cart including multiple items may include receiving information identifying a first item in the online cart and receiving information identifying a second item in the online cart. The method may further include performing a first credit extension decision with respect to the first item, performing a second credit extension decision with respect to the second item, and providing, based on the first and second credit extension decisions, a financing offer to the user with respect to financing a transaction including both the first and second items. The financing offer includes item-level information regarding details of the first and second credit extension decisions.
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card
80.
System, Method and Apparatus for Enabling Enhanced Consumer Engagement for Providing Access to Credit for Online Purchases
A method for employing a browser extension in relation to extending a financing offer to a user may include monitoring browser activity of a user via the browser extension responsive to loading a web page. The method may further include determining a merchant identity associated with an online product or service based on the browser activity, determining a preauthorized loan amount for the financing offer to the user based on the merchant identity, and displaying an interface element associated with the financing offer on the web page.
A method for employing a browser extension in relation to extending a financing offer to a user may include monitoring browser activity of a user via the browser extension responsive to loading a web page. The method may further include detemtining a merchant identity associated with an online product or service based on the browser activity, determining a preauthorized loan amount for the financing offer to the user based on the merchant identity, and displaying an interface element associated with the financing offer on the web page.
A method for employing adaptive credit decisions in relation to extension of a loan to a user may include receiving user information associated with the user and transaction information associated with a transaction of the user with respect to a product or service offered by a vendor, employing a first credit decision model to execute a first credit extension decision with respect to a first type of financing option based on the user information and the transaction information, employing a second credit decision model to execute a second credit extension decision with respect to a second type of financing option based on the user information and the transaction information, and determining, based on the first and second credit extension decisions, whether to extend a credit offer to the user when the user proceeds to checkout for the transaction.
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
A method for employing adaptive credit decisions in relation to extension of a loan to a user may include receiving user information associated with the user and transaction information associated with a transaction of the user with respect to a product or service offered by a vendor, employing a first credit decision model to execute a first credit extension decision with respect to a first type of financing option based on the user information and the transaction information, employing a second credit decision model to execute a second credit extension decision with respect to a second type of financing option based on the user information and the transaction information, and determining, based on the first and second credit extension decisions, whether to extend a credit offer to the user when the user proceeds to checkout for the transaction.
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
(1) Evaluations relating to commercial matters in the nature of consumer profiling, namely, evaluating customer data to identify optimal payment options for e-commerce transactions.
(2) Providing payment and financial services, namely, providing personalized payment and financing options for businesses to offer to customers; Financing services, namely, financing of purchases; Providing information in the field of financing of purchases, financial transactions and payment processing services; Financial data analysis; Payment and funds verification services; Electronic commerce payment services, namely, providing payment options for e-commerce transactions based on evaluations of customer credit worthiness and financing data; Financial transaction services, namely, providing secure payment options for merchants to offer in e-commerce transactions; Providing financial transaction and payment processing services, namely, providing secure commercial transactions and payment options via an internet website portal.
(3) Providing temporary use of online non-downloadable computer software for merchants that offers personalized promotions, payment or financing options to customers; Providing temporary use of online non-downloadable computer e-commerce software for merchants that analyzes customer data to accelerate sales conversion and advertises targeted promotions and offers to customers; Providing online non-downloadable software for managing multiple types of payment transactions that integrates with merchant online purchase flows; Application service provider (ASP) featuring e-commerce software for use as a payment gateway that evaluates data signals being consumer credit worthiness, financing, purchase history, preferences, and geographic location data to present optimal payment options and then authorizes processing of installment, extended and interest-free split payments for merchants; Providing online non-downloadable software for analyzing consumer credit worthiness, financing, purchase history, preferences, and geographic location data for purposes of providing merchants with personalized payment options to offer customers in e-commerce transactions; Software as a services (SAAS) services featuring software for consumer credit worthiness, financing, purchase history, preferences, and geographic location data analysis and providing personalized promotion, payment and financing options for businesses to offer to customers; Computer services, namely, acting as an application service provider in the field of information management to host computer application software for the purpose of offering personalized promotions, payment and financing options to customers.
09 - Appareils et instruments scientifiques et électriques
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
(1) Downloadable computer software for transaction authorization, namely, for providing authentication of parties to a financial transaction, credit authorization, and processing electronic payments; downloadable computer programs for credit authorization, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting financial data and information for use in financing of purchases; downloadable computer software for use in facilitating the online purchase and sale of consumer goods and services; downloadable software in the nature of a mobile application for use in facilitating the online purchase and sale of consumer goods and services and for providing authentication of parties to a financial transaction, credit authorization, processing electronic payments, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting financial data and information for use in financing of purchases; magnetically encoded debit cards (1) Computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device or debit card at a point of sale; financial services, namely, debt settlement, loan services, and payment processing services in the field of credit payments; debt settlement services; bill payment services; providing financial information on loans and relating to personalized payment options for consumer goods and services; facilitating electronic processing of electronic funds transfers made via debit card, namely, verifying and processing of electronic funds transfer made via debit cards; financial and banking services, namely, processing debit card transactions
(2) Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of on-line non-downloadable authentication software tools for controlling access to and communications with computers and computer networks; providing temporary use of online non-downloadable computer software for financial transactions, electronic payments, credit assessments, and identity and electronic signature verification; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card; design, development and implementation of software
86.
System, Method and Apparatus for Making Credit Decisions at a User-Level
A method for employing user-level credit decisions in relation to extension of a loan to a user may include receiving prequalification information associated with a user and employing a first credit extension model to execute a first credit extension decision based on the prequalification information, where the first credit extension decision is associated with a first credit limit. The method may include employing a second credit extension model, different from the first credit extension model, to execute a second credit extension decision based on the prequalification information and relationship information associated with current and prior interactions between the user and a lending entity making the first credit extension decision and the second credit extension decision, where the second credit extension decision is associated with a second credit limit. The method may also include determining, based on the first and second credit extension decisions, whether to extend a predefined credit limit to the user.
A method of processing a customer transaction may include receiving an indication of a transaction between a customer and a vendor, checking a first account status of a first account associated with a first currency type and a second account status of a second account associated with a second currency type, determining whether to accept or decline the transaction based on a combination of the first and second account statuses, and, if the transaction is accepted, authorizing a transfer of funds to the vendor and engaging the customer with respect to a repayment strategy that includes repayment options funded from selected ones of the first currency type or the second currency type.
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 20/42 - Confirmation, p. ex. contrôle ou autorisation de paiement par le débiteur légal
G06Q 30/02 - MarketingEstimation ou détermination des prixCollecte de fonds
A web based finance system allows users to refinance past eligible purchasing transactions. The system can include a system server(s) which is in communication through a network with client computing devices associated with customers. The server can receive customer information and determine a refinancing value range based upon the user has a bank account and/or credit risk rating information. The server can identify prior eligible credit card purchases for refinancing and the customer can select one or more purchases for refinancing and the refinancing loan terms.
A method for modeling loan transitions may include defining a plurality of potential repayment states of an individual loan between origination and a terminal state comprising either a paid off state or a charged off state, where the potential repayment states include a current state, a plurality of delinquency states distinguished from each other based on length of delinquency, the paid off state and the charged off state. The method may further include defining valid transitions between a present state among the potential repayment states and each respective one of the potential repayment states that is a possible next state from the present state, and determining, for the individual loan, a probability of transitioning from the present state to the next state during each period of a term of the individual loan.
A method for modeling loan transitions may include defining a plurality of potential repayment states of an individual loan between origination and a terminal state comprising either a paid off state or a charged off state, where the potential repayment states include a current state, a plurality of delinquency states distinguished from each other based on length of delinquency, the paid off state and the charged off state. The method may further include defining valid transitions between a present state among the potential repayment states and each respective one of the potential repayment states that is a possible next state from the present state, and determining, for the individual loan, a probability of transitioning from the present state to the next state during each period of a term of the individual loan.
A method of employing fraud rules associated with identification of fraud in connection with financial transactions may include receiving information associated with a fraud scenario and defining a fraud rule based on the information. The fraud rule may include fraud criteria used to analyze financial transaction data to detect the fraud scenario and may also include a fraud response. The method may further include defining activation criteria for the fraud rule and enabling activation of the fraud rule for inclusion in product flows associated with the financial transactions in response to the activation criteria being met.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
92.
SYSTEM, METHOD AND APPARATUS FOR CREATING, TESTING AND DISSEMINATING FRAUD RULES
A method of employing fraud rules associated with identification of fraud in connection with financial transactions may include receiving information associated with a fraud scenario and defining a fraud rule based on the information. The fraud rule may include fraud criteria used to analyze financial transaction data to detect the fraud scenario and may also include a fraud response. The method may further include defining activation criteria for the fraud rule and enabling activation of the fraud rule for inclusion in product flows associated with the financial transactions in response to the activation criteria being met.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
09 - Appareils et instruments scientifiques et électriques
35 - Publicité; Affaires commerciales
36 - Services financiers, assurances et affaires immobilières
42 - Services scientifiques, technologiques et industriels, recherche et conception
Produits et services
(1) Downloadable computer software for transaction authorization, namely, for providing authentication of parties to a financial transaction, credit authorization, and processing electronic payments; downloadable computer programs for credit authorization, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting data and information for use in financing of purchases; downloadable computer software for use in facilitating the online purchase and sale of consumer goods and services; mobile application for use in facilitating the online purchase and sale of consumer goods and services and for providing authentication of parties to a financial transaction, credit authorization, processing electronic payments, processing financial transactions, and facilitating financial transactions by collecting, storing and transmitting data and information for use in financing of purchases; downloadable computer software for viewing and managing financial accounts; magnetically encoded debit cards, none of the foregoing for use in connection with digital certificates (1) Advertising the goods and services of others
(2) Computerized financial transaction authorization, namely, providing secure commercial transactions and payment options; computerized financial transaction authorization, namely, providing secure commercial transactions and payment options using a mobile device or debit card at a point of sale; financial services, namely, debt settlement, loan services, and payment processing services in the field of credit payments; debt settlement services; bill payment services; providing financial information on loans and relating to personalized payment options for consumer goods and services; savings and checking account services; financial and banking services, namely, debit card transaction processing services, providing electronic processing of credit and debit card transactions and electronic payments via mobile phone and via the Internet
(3) Software as a service (SAAS) services featuring software for processing electronic payments, authorizing financial transactions, managing and tracking electronic payment information and facilitating e-commerce services for others, namely, for allowing users to perform electronic business transactions via a global computer network; platform as a service (PAAS) services featuring software tools for users to build customized applications for processing electronic payments, authorizing financial transactions, managing electronic payment information, facilitating electronic payments and financial transactions, and performing electronic business transactions via a global computer network; providing temporary use of on-line non-downloadable software tools for processing electronic payments; providing temporary use of on-line non-downloadable authentication software tools for controlling access to and communications with computers and computer networks; providing temporary use of online non-downloadable computer software for financial transactions, electronic payments, credit assessments, and identity verification; providing temporary use of online non-downloadable software for facilitating electronic funds transfers and payments made via debit card; design, development and implementation of software, none of the foregoing for use in connection with digital certificates
94.
System and method for making purchase payment after payment failures
When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
G06Q 20/00 - Architectures, schémas ou protocoles de paiement
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
95.
SYSTEM, METHOD AND APPARATUS FOR MAKING CREDIT DECISIONS AT A USER-LEVEL
A method for employing user-level credit decisions in relation to extension of a loan to a user may include receiving prequalification information associated with a user and employing a first credit extension model to execute a first credit extension decision based on the prequalification information, where the first credit extension decision is associated with a first credit limit. The method may include employing a second credit extension model, different from the first credit extension model, to execute a second credit extension decision based on the prequalification information and relationship information associated with current and prior interactions between the user and a lending entity making the first credit extension decision and the second credit extension decision, where the second credit extension decision is associated with a second credit limit. The method may also include determining, based on the first and second credit extension decisions, whether to extend a predefined credit limit to the user.
A method of processing a customer transaction may include receiving an indication of a transaction between a customer and a vendor, checking a first account status of a first account associated with a first currency type and a second account status of a second account associated with a second currency type, determining whether to accept or decline the transaction based on a combination of the first and second account statuses, and, if the transaction is accepted, authorizing a transfer of funds to the vendor and engaging the customer with respect to a repayment strategy that includes repayment options funded from selected ones of the first currency type or the second currency type.
G06Q 20/06 - Circuits privés de paiement, p. ex. impliquant de la monnaie électronique utilisée uniquement entre les participants à un programme commun de paiement
G06Q 20/38 - Protocoles de paiementArchitectures, schémas ou protocoles de paiement leurs détails
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
A login system allows users to access computer systems without using a password. The passwordless system and method can use other information to securely and reliably identify true authorized system users. The identity of a user can be associated with their mobile device. The login can be based upon a minimal amount of information such as a name and a phone number which can be stored as an identification record for each of the users in a database.
H04L 67/10 - Protocoles dans lesquels une application est distribuée parmi les nœuds du réseau
G06F 21/35 - Authentification de l’utilisateur impliquant l’utilisation de dispositifs externes supplémentaires, p. ex. clés électroniques ou cartes à puce intelligentes communiquant sans fils
98.
Method and apparatus for managing financial transactions for selective conversion to buy now, pay later financing
A method of processing a customer transaction may include receiving an indication of a transaction between a customer and a vendor, checking an account status of a primary account of the customer at a customer bank, and determining, within a predetermined time of the indication, whether to accept or decline the transaction based on the account status. The method may further include, if the transaction is accepted, authorizing a transfer of funds to the vendor and communicating with the customer to determine whether to settle the transaction or handle the transaction as an installment loan to the customer.
G06Q 20/10 - Architectures de paiement spécialement adaptées aux systèmes de transfert électronique de fondsArchitectures de paiement spécialement adaptées aux systèmes de banque à domicile
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
G06Q 20/40 - Autorisation, p. ex. identification du payeur ou du bénéficiaire, vérification des références du client ou du magasinExamen et approbation des payeurs, p. ex. contrôle des lignes de crédit ou des listes négatives
G06Q 20/24 - Schémas de crédit, c.-à-d. de "paiement différé"
A login system allows users to access computer systems without using a password. The passwordless system and method can use other information to securely and reliably identify true authorized system users. The identity of a user can be associated with their mobile device. The login can be based upon a minimal amount of information such as a name and a phone number which can be stored as an identification record for each of the users in a database.
H04L 67/10 - Protocoles dans lesquels une application est distribuée parmi les nœuds du réseau
G06F 21/35 - Authentification de l’utilisateur impliquant l’utilisation de dispositifs externes supplémentaires, p. ex. clés électroniques ou cartes à puce intelligentes communiquant sans fils
