Interest Capturing Systems, LLC Patent applications |
Patent application number | Title | Published |
20140250031 | METHOD OF AND INFORMATION PROCESSING MACHINERY FOR RECOGNIZING, COMPUTING AND CAPTURING SUBSIDIZING PAYMENT CONTRIBUTIONS MADE BY PAYING CONSUMERS WHEN PAYING FOR SERVICES PROVIDED BY ORGANIZATIONS THAT ALSO PROVIDE SIMIMLAR SERVICES TO OTHERS IN FINANCIAL NEED IN A SUBSIDIZED MANNER - Method of capturing, by registered, paying consumers, consumer subsidizing payment contribution based tax benefits across a plurality of tax-qualified organizations and institutions participating within an internet-based tax benefit calculation and capture (TBRCC) network, and calculating and capturing tax benefits generated by consumers paying in excess of the cost of economic benefit(s) provided, with the excess of consumers' payments used to subsidize the receipt of identical or similar economic benefit(s) (e.g. services and/or goods) provided to other consumers in financial need. Further, providing registered, paying consumers with the ability to sell or trade their subsidizing payment contribution-generated tax benefit(s), or converted tax benefits, to other consumers and entities also registered and participating in the TBRCC network. Finally, providing full tax reconciliation between all registered, paying consumers, tax-qualified organizations and institutions, other consumers and entities, and all relevant taxing authorities. | 09-04-2014 |
20140195417 | METHOD OF AND SYSTEM FOR CAPTURING INTEREST EARNED ON THE MONETARY VALUE OF TRANSFERRED MONETARY RIGHTS MANAGED ON AN INTERNET-BASED MONETARY RIGHTS TRANSFER (MRT) NETWORK SUPPORTED BY A REAL-TIME GROSS SETTLEMENT (RTGS) SYSTEM - Method of transferring monetary rights across a plurality of financial institutions participating within a monetary rights transfer (MRT) network, and capturing interest earned on the transferred monetary rights associated with a monetary value amount possessed or controlled by an owner/holder and held in a first account maintained by a home financial institution, associated with the MRT network. Also, a plurality of participating financial institutions is associated with the MRT network, wherein each financial institution maintains a second account, interest bearing, for the owner/holder of the amount of money to capture interest. A real time gross settlement (RTGS) system, controlled by a central bank of a country, is embedded within the internet-based MRT network, for recording debits and credits between central bank accounts maintained by different participating financial institutions at the central bank, so as to transfer interest in the second accounts to the first account of the MRT network user. | 07-10-2014 |
20140180896 | SYSTEM FOR IMPLEMENTING A CENTRAL BANK CURRENCY TRADING RIGHTS MANAGEMENT PROCESS OVER A DISTRIBUTED COMMUNICATIONS NETWORK DEPLOYED IN A FINANCIAL MARKETPLACE - A computer-network implemented system recognizes that a central bank retains the right to lend a currency or the currency trading ownership right prior to the issuance/sale of a currency, or to restructure its currency to recapture and withhold the right to lend or trade its currency. The system allows currency borrowers/purchasers to request the right to lease or purchase the non-borrowable currency from the central bank, according to prices and time periods set by the central bank. The currency borrowers/short-sellers or purchasers can acquire the right to lend or trade the non-borrowable currency so as to purchase the non-purchasable currency from the central bank. Thereafter, currency borrowers/short-sellers and currency purchasers can sell the non-borrowable currency short or purchase the non-purchasable currency in the marketplace and profit from a short sale of the currency or from owning the currency, without adversely effecting the central bank's, or its country's economy. | 06-26-2014 |
20140089157 | SYSTEM FOR IMPLEMENTING A COMMODITY ISSUER RIGHTS MANAGEMENT PROCESS OVER A DISTRIBUTED COMMUNICATIONS NETWORK DEPLOYED IN A FINANCIAL MARKETPLACE - A computer-network implemented system recognizes that (i) a commodity owner/producer retains (i.e. withholds) the right to lend a commodity prior to the sale/production of a commodity and, (ii) the system allows commodity borrowers to purchase or lease from the commodity owners/producers, through the system, the right to borrow the non-borrowable commodity from the commodity owner/producer, according to sale or lease rates and other terms established by the commodity owner/producer with the system, so that (iii) commodity borrowers can then acquire the right to lend the non-borrowable commodity from the commodity owner/producer and, thereafter, (iv) commodity borrowers can sell the non-borrowable commodity short in the commodity/financial marketplace and profit from a short sale, without adversely effecting the commodity owner/producer. | 03-27-2014 |