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公开(公告)号：US20170091765A1
公开(公告)日：2017-03-30
申请号：US14871971
申请日：2015-09-30
Applicant: BANK OF AMERICA CORPORATION
Inventor： Gregory Joseph Lloyd , Lauren Marie Zavodny , Tony England , Stephen Philip Selfridge , James Gregory Ronca
CPC classification number: G06Q20/401 , G06Q20/32 , G06Q20/3224
Abstract: Embodiments of the invention are directed to systems, methods, and computer program products for authorizing payment credentials and transactions associated with a user digital wallet by automatic and real time utilization of one or more payment credentials applicable and optimal for a transaction initiated by the user. The invention enables a mobile digital wallet application on a user device to determine optimal payment credentials based on one or more transaction parameters comprising geographic location, transaction amount and user authentication associated with the transaction. Transmission of the optimal payment credential causes the receiving system to recognize the one or more transaction parameters and enables the system to process the transaction in accordance with the geographic location, transaction amount and/or the user authentication.
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公开(公告)号：US10990971B2
公开(公告)日：2021-04-27
申请号：US16550832
申请日：2019-08-26
Applicant: BANK OF AMERICA CORPORATION
Inventor： Gregory Joseph Lloyd , Lauren Marie Zavodny , Tony England , Stephen Philip Selfridge , James Gregory Ronca
Abstract: Embodiments of the invention are directed to systems, methods, and computer program products for non-intrusive geo-location determination associated with transaction authorization. The invention enables one or more transactions initiated by a user to be authenticated and/or validated based on, at least in part, determined locations of the user relative to the locations of the one or more transactions. The user location is determined by transmitting one or more queries to a user device. The system determines the validity of the one or more transactions based on at least comparing the transaction location to the user location, before enabling further processing of the one or more transactions. The present invention is advantageous since it enables authentication/authorization of one or more transactions associated with the user by utilizing the user location, while precluding any inadvertent privacy concerns.
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公开(公告)号：US20170091757A1
公开(公告)日：2017-03-30
申请号：US14870797
申请日：2015-09-30
Applicant: BANK OF AMERICA CORPORATION
Inventor： Gregory Joseph Lloyd , James Gregory Ronca , Lauren Marie Zavodny , Stephen Philip Selfridge , Andrew D. Kim
CPC classification number: G06Q20/3672 , G06Q20/02 , G06Q20/12 , G06Q20/227 , G06Q20/322 , G06Q20/385 , H04L63/067 , H04L63/083 , H04L63/0838
Abstract: Embodiments of the invention are directed to a system, method, or computer program product for improving the digital wallet storage system by providing hardware and software capable of provisioning, allocating, and compartmentalizing generated tokens for transaction utilization. In this way, the invention allows a user to switch out payment vehicles, payment accounts, merchants, or authorized user for one or more tokens. Thus the provisioning and allocation system allows for manipulation and provisioning of tokens, such that a user device may control the one or more payment accounts, payment vehicles, authorized users, time/date of use, and the like for each token accumulated by a user.
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公开(公告)号：US11087312B2
公开(公告)日：2021-08-10
申请号：US16568692
申请日：2019-09-12
Applicant: BANK OF AMERICA CORPORATION
Inventor： James Gregory Ronca , Gregory Joseph Lloyd , Tony England , Stephen Philip Selfridge
Abstract: Embodiments of the present invention are used in a token based financial transaction system, whereby individual tokens associated with one or more financial accounts provided to one or more third parties. Embodiments credit an amount of a virtual currency in at least one bank account of a customer, wherein the at least one bank account has an associated amount of funds that is increased by the credit of the amount of virtual currency; generate a payment token associated with the at least one bank account of the customer; receive a transaction request to process a transaction using the token; determine that the transaction request is associated with a transaction having a transaction amount less than or equal to the amount of funds associated with the at least one bank account; and approve and settle the transaction.
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公开(公告)号：US10607215B2
公开(公告)日：2020-03-31
申请号：US14871293
申请日：2015-09-30
Applicant: Bank of America Corporation
Inventor： James Gregory Ronca , Gregory Joseph Lloyd , Tony England , Stephen Philip Selfridge
IPC: G06Q20/36
Abstract: Embodiments of the present invention are used in a token based financial transaction system, whereby individual tokens associated with one or more financial accounts provided to one or more third parties. Embodiments credit an amount of a virtual currency in at least one bank account of a customer, wherein the at least one bank account has an associated amount of funds that is increased by the credit of the amount of virtual currency; generate a payment token associated with the at least one bank account of the customer; receive a transaction request to process a transaction using the token; determine that the transaction request is associated with a transaction having a transaction amount less than or equal to the amount of funds associated with the at least one bank account; and approve and settle the transaction.
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Patent Agency Ranking
公开(公告)号：US20200005280A1
公开(公告)日：2020-01-02
申请号：US16568692
申请日：2019-09-12
Applicant: BANK OF AMERICA CORPORATION
Inventor： James Gregory Ronca , Gregory Joseph Lloyd , Tony England , Stephen Philip Selfridge
IPC: G06Q20/36
Abstract: Embodiments of the present invention are used in a token based financial transaction system, whereby individual tokens associated with one or more financial accounts provided to one or more third parties. Embodiments credit an amount of a virtual currency in at least one bank account of a customer, wherein the at least one bank account has an associated amount of funds that is increased by the credit of the amount of virtual currency; generate a payment token associated with the at least one bank account of the customer; receive a transaction request to process a transaction using the token; determine that the transaction request is associated with a transaction having a transaction amount less than or equal to the amount of funds associated with the at least one bank account; and approve and settle the transaction.
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公开(公告)号：US10453059B2
公开(公告)日：2019-10-22
申请号：US14871964
申请日：2015-09-30
Applicant: BANK OF AMERICA CORPORATION
Inventor： Gregory Joseph Lloyd , Lauren Marie Zavodny , Tony England , Stephen Philip Selfridge , James Gregory Ronca
Abstract: Embodiments of the invention are directed to systems, methods, and computer program products for non-intrusive geo-location determination associated with transaction authorization. The invention enables one or more transactions initiated by a user to be authenticated and/or validated based on, at least in part, determined locations of the user relative to the locations of the one or more transactions. The user location is determined by transmitting one or more queries to a user device. The system determines the validity of the one or more transactions based on at least comparing the transaction location to the user location, before enabling further processing of the one or more transactions. The present invention is advantageous since it enables authentication/authorization of one or more transactions associated with the user by utilizing the user location, while precluding any inadvertent privacy concerns.
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公开(公告)号：US20170091764A1
公开(公告)日：2017-03-30
申请号：US14871964
申请日：2015-09-30
Applicant: BANK OF AMERICA CORPORATION
Inventor： Gregory Joseph Lloyd , Lauren Marie Zavodny , Tony England , Stephen Philip Selfridge , James Gregory Ronca
Abstract: Embodiments of the invention are directed to systems, methods, and computer program products for non-intrusive geo-location determination associated with transaction authorization. The invention enables one or more transactions initiated by a user to be authenticated and/or validated based on, at least in part, determined locations of the user relative to the locations of the one or more transactions. The user location is determined by transmitting one or more queries to a user device. The system determines the validity of the one or more transactions based on at least comparing the transaction location to the user location, before enabling further processing of the one or more transactions. The present invention is advantageous since it enables authentication/authorization of one or more transactions associated with the user by utilizing the user location, while precluding any inadvertent privacy concerns.
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公开(公告)号：US20170091759A1
公开(公告)日：2017-03-30
申请号：US14871315
申请日：2015-09-30
Applicant: Bank of America Corporation
Inventor： Stephen Philip Selfridge , Gregory Joseph Lloyd , Tony England , Lauren Marie Zavodny
CPC classification number: G06Q20/3674 , G06Q20/02 , G06Q20/12 , G06Q20/227 , G06Q20/322 , G06Q20/3672 , G06Q20/385 , G06Q20/401 , G06Q20/405 , G06Q2220/00
Abstract: Embodiments of the present invention are used in a token based financial transaction system, whereby individual tokens associated with one or more financial accounts provided to one or more third parties. Embodiments generate a payment token associated with an account of a customer, wherein the payment token is associated with an amount of funds; enable the customer to issue the generated payment token to a third party; receive a transaction request to process a transaction using the token; determine that the transaction request is associated with a transaction having a transaction amount less than or equal to the amount of funds associated with the payment token; and approve and settle the transaction.
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公开(公告)号：US20170091758A1
公开(公告)日：2017-03-30
申请号：US14870790
申请日：2015-09-30
Applicant: BANK OF AMERICA CORPORATION
Inventor： Andrew D. Kim , Gregory Joseph Lloyd , Lauren Marie Zavodny , James Gregory Ronca , Stephen Philip Selfridge
CPC classification number: G06Q20/02 , G06Q20/12 , G06Q20/227 , G06Q20/322 , G06Q20/3672 , G06Q20/385
Abstract: Embodiments of the invention are directed to a system, method, or computer program product for payment vehicle agnostic payment tokenization. In this way, the invention provides a means for a user to use a token for a transaction at a merchant without the merchant making infrastructural changes. The token may be specifically coded for merchant recognition and identification that the merchant's infrastructure is not capable of processing the received token. Instead of declining the transaction, code is implemented into the token that the merchant recognizes and routes the token to the invention infrastructure for authorization. The infrastructure then correlates the token to the appropriate account and finalizing authorization and payment routing based on the correlation.
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