Patent application number | Description | Published |
20140108260 | SYSTEM AND METHOD FOR TOKEN-BASED PAYMENTS - A system and method for enhanced token-based payments. The system and method including software and hardware to receive, via a network, a request for authorization; create, in response to the request, a dynamic payment packet (DPP) for payment; transmit, via a network, the DPP; receive, via a network, an authorization request, the DPP, and a transaction ID; receive at least one additional data element relating to the customer involved in the transaction and the transaction itself; and transmit, via a network, the transaction ID, an authorization response, and token. | 04-17-2014 |
20140143127 | SYSTEMS AND METHODS FOR PROVIDING SELLER-INITIATED FINANCING IN PRIVATE SALES - Methods and systems are disclosed for providing seller-initiated financing in a sale of an item between private parties. A financial service system configures a financing program to give sellers the opportunity to offer prospective buyers financing directly. The financial service system enrolls a given seller in the program, providing resources and services to the seller to help market the sale and select a credit-worthy buyer. Once the transaction is completed, the financial service system transfers proceeds to the seller, then configures a loan account and payment plan for the buyer. Alternatively, the program can be implemented with an intermediate service provider, such as an online marketplace retailer. The service provider enrolls the seller and assists with marketing and buyer selection, and the financial service system transfers proceeds to the seller and service provider, and configures a loan account and payment plan for the buyer. | 05-22-2014 |
20140143128 | UNSECURED TO SECURED LOAN CONVERSION IN AUTOMOBILE FINANCE - Systems and methods are disclosed for configuring a loan account program to provide buyers of items, particularly automobiles, the full principal of the loan directly into a financial service account. A financial service system receives a request for a loan from a buyer. Following a risk assessment check, the financial service system configures an unsecured loan product for the buyer and transfers the entire financed principal into a financial service account associated with the buyer. Upon confirmation of the purchase and/or satisfaction of other criteria, the buyer's loan account may be converted to a secured loan account product with more favorable terms. | 05-22-2014 |
20140164058 | SYSTEM AND METHOD FOR PROVIDING A MULTILATERAL TRANSACTION DATA MART - Systems and methods include multilateral transaction data mart, including one or more institutions, a central party, and a centralized database. Additionally, example embodiments may receive information from a one or more institutions, store the information in a centralized database, and provide information to one or more institutions upon request. Further, a system and method in accordance with example embodiments may include sending information to a centralized database, sending a request to the centralized database for information regarding one or more users, and receiving information regarding one or more users. | 06-12-2014 |
20140164145 | SYSTEM AND METHOD FOR PROVIDING ADVERTISER AUCTIONS BASED ON SEGMENTATION INFORMED BY PURCHASE DATA - A system and method in accordance with exemplary embodiments may include advertiser auctions based on segmentation informed by purchase data, including a financial institution, one or more advertisers, and a bidding server to facilitate advertiser bidding. Additionally, a system and method in accordance with exemplary embodiments may pool customer and/or transaction information in one or more databases. The system and method in accordance with exemplary embodiments may also utilize a bidding server to permit advertisers to bid on access to information or the ability to present an advertisement and/or offer to a customer. | 06-12-2014 |
20140164217 | SYSTEMS AND METHODS FOR PROVIDING A DIGITAL BLANK CHECK - Systems and methods are provided for providing a digital blank check. The systems and methods may include a financial service provider providing loan terms to a customer. The financial service provider may receive, from a customer device, a first loan request relating to an item. The financial service provider may also generate a first offer based on the first loan request and provide the first offer to the customer device. The financial service provider may also receive, from the customer device at a point-of-sale location, a second loan request relating to the item. In response, the financial service provider may generate a second offer based on the second loan request and provide the second offer to the customer device at the point-of-sale location. | 06-12-2014 |
20140172525 | SYSTEMS AND METHODS FOR ISSUING, EVALUATING, AND MONITORING CARD-LINKED OFFERS - Methods and systems are disclosed for issuing, evaluating, and monitoring offers and incentives linked to various consumer financial accounts. Financial service account providers, merchants, card-linked offer providers, and/or service providers may collect transaction information relating to the redemption of card-linked offers. From the data, informative metrics may be determined relating to the offer, its redemption rate, and the consumers who redeemed it. The metrics may be used to evaluate the relative success of the offer, and can trigger revenue sharing processes derived from the offer. In certain aspects, incentive offers may be modified based on the metrics. In further embodiments, the metrics may also be used to determine a metric score that provides further information about the card-linked offer campaign. | 06-19-2014 |
20140207572 | SYSTEM AND METHOD FOR PROVIDING SMART STATEMENTS - Systems and methods for providing purchase driven financial statements include an account processor that receives account data associated with one or more financial accounts of the account holder and advertising data via a network; one or more databases that stores at least the received account data and the received advertising data; and a statement processor that creates a financial statement based at least in part on the account data and the advertising data, provides the financial statement to an account holder, and tracks the account holder's future account data based on the provided advertising data. | 07-24-2014 |
20140257979 | SYSTEMS AND METHODS FOR PROVIDING ADVERTISING SERVICES - The disclosed embodiments include methods, systems, and articles of manufacture for providing advertising services. In one embodiment, a system is provided for receiving a user registration request, identifying advertisements in content presented at client devices of the user during a first time period, providing alternative advertisements to the client devices in substantially real-time to replace the identified advertisements, receiving user financial data indicating purchases of the user during the first time period, associating user purchases with the alternative advertisements provided during the first time period based on the user's financial data, and determining an efficacy score one or more of the alternative advertisements based on the association. | 09-11-2014 |
20140258094 | SYSTEMS AND METHODS FOR DYNAMICALLY PROVIDING FINANCIAL LOAN PRODUCTS - The disclosed embodiments include methods and systems for collecting, managing, and processing business data for lending services. In one embodiment, a lending system is disclosed that may register a small business with a lending service provided by a lending system and receive first small business data from the small business. The lending system may store the first small business data and analyze the first small business data to determine whether the small business qualifies for a loan product provided by a financial service provider. In another embodiment, the lending system may determine, based on the analysis, that additional business data is needed to determine whether the small business qualifies for the loan product. The lending system may further receive second small business data from the small business and analyze the second small business data to determine whether the small business qualifies for the loan product provided. | 09-11-2014 |
20140279473 | SYSTEM AND METHOD FOR AUCTIONING A FIRST-IN-WALLET PAYMENT ACCOUNT STATUS - A system and method in accordance with exemplary embodiments may include systems and methods for providing first-in-wallet payment account auctioning. In an exemplary embodiment, a method for providing first-in-wallet payment account auctioning includes, receiving, via a network, consumer preference data, current consumer financial situation data associated with a plurality of payment accounts, and account terms associated with each of the plurality of payment accounts; scoring each of the plurality of payment accounts based on the consumer preference data, the current consumer financial situation data, and the account terms and determining an optimal payment account to be the first-in-wallet account out of the plurality of payment accounts based on the scoring. | 09-18-2014 |