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"Systems And Methods Providing Asset Conformation And/Or Valuation For A Customer Making A Purchase"

Abstract: According to some embodiments an asset confirmation platform may receive transaction information about a purchase being made by a customer from a merchant. Responsive to the received transaction information the asset confirmation platform may automatically determine a monetary value of at least one asset owned by the customer. The asset might be associated with for example stocks owned by the customer in a trading account. An indication associated with the monetary value of the asset may then be transmitted.

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Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
27 July 2016
Publication Number
36/2016
Publication Type
INA
Invention Field
COMPUTER SCIENCE
Status
Email
nitin.masilamani@mlpchambers.com
Parent Application

Applicants

MASTERCARD INTERNATIONAL INCORPORATED
2000 Purchase Street Purchase NY 10577

Inventors

1. MATHEW Bejoy
2849 Dardenne Links Dr. Dardenne Prairie MO 63368

Specification

1. A method, comprising:
receiving, at an asset confirmation platform, transaction information about a purchase being made by a customer from a merchant;
responsive to the received transaction information, automatically determining, by a computer processor of the asset confirmation platform, a monetary value of at least one asset owned by the customer; and
transmitting an indication associated with the monetary value of the asset.
2. The method of claim 1, wherein the at least one asset includes stocks owned by the customer and said determining includes exchanging information with a trading account platform associated with the customer.
3. The method of claim 2, further comprising, prior to said receiving:
receiving registration information associated with the customer, the registration information including a trading account identifier associated with the customer; and
storing the received registration information.
4. The method of claim 1, wherein the at least one asset includes at least one of: (i) bonds, (ii) a retirement account, (iii) a business, (iv) a vehicle, and (v) real estate.
5. The method of claim 1, wherein the transaction information is associated with a credit card network.

6. The method of claim 1, wherein the transaction information is associated with an online purchase.
7. The method of claim 6, wherein the online purchase is associated with at least one of: (i) an electronic shopping cart associated with the merchant, and (ii) an electronic wallet account.
8. The method of claim 1, wherein the transaction information is received directly from a merchant device.
9. The method of claim 1, further comprising:
automatically arranging for the at least one asset to be used as payment for the purchase.
10. The method of claim 1, wherein the transmitted indication comprises at least one of: (i) the monetary value, and (ii) an indication that the monetary value satisfied at least one pre-dctermincd business rule.
11. A no n-transitory, computer-read able medium having stored therein instructions that, upon execution, cause a computer processor to perform a method, the method comprising:
receiving, at an asset confirmation platform, transaction information about a purchase being made by a customer from a merchant;
responsive to the received transaction information, determining a monetary value of at least one asset owned by the customer; and
transmitting an indication associated with the monetary value of the asset.

12. The medium of claim 11, wherein the at least one asset includes stocks . owned by the customer and said determining includes exchanging information with a trading account platform associated with the customer.
13. The medium of claim 12, wherein the method further comprises, prior to said receiving:
receiving registration information associated with the customer, the registration information including a trading account identifier associated with the customer; and
storing the received registration information.
14. The medium of claim 11, wherein the transaction information is associated with at least one of: (i) a credit card network, (ii) an online purchase, (iii) an electronic shopping cart associated with the merchant, and (iv) an electronic wallet account.
15. The medium of claim 11, wherein the transaction information is received directly from a merchant device.
16. The medium of claim 11, wherein the transmitted indication comprises at least one of: (i) the monetary value, and (ii) an indication that the monetary value satisfied at least one pre-determincd business rule.
17. A system, comprising:
a communication porl to receive transaction information about a purchase being made by a customer from a merchant; and

an asset confirmation platform to; (i) responsive to the received transaction information, automatically determine a monetary value of at least one asset owned by the customer, and (ii) transmit an indication associated with the monetary value of the asset.
18. The system of claim 17, wherein the at least one asset includes stocks owned by the customer and the asset confirmation platform exchanges information with a trading account platform associated with the customer.
19. The system of claim 18, wherein the asset confirmation platform is further to, prior to said receiving: (i) receive registration information associated with the customer, the registration information including a trading account identifier associated with the customer, and (ii) store the received registration information.
20. The system of claim 17, wherein the transaction information is associated with at least one of: (i) a credit card network, (ii) an online purchase, (iii) an electronic shopping cart associated with the merchant, and (iv) an electronic wallet account.

Documents

Application Documents

# Name Date
1 201647025638-FER.pdf 2020-03-09
1 PROOF OF RIGHT [27-07-2016(online)].pdf 2016-07-27
2 Correspondence by Agent_Form 1_Power Of Attorney_29-04-2019.pdf 2019-04-29
2 Power of Attorney [27-07-2016(online)].pdf 2016-07-27
3 Form 5 [27-07-2016(online)].pdf 2016-07-27
3 201647025638-AMENDED DOCUMENTS [25-04-2019(online)].pdf 2019-04-25
4 Form 3 [27-07-2016(online)].pdf 2016-07-27
4 201647025638-FORM 13 [25-04-2019(online)].pdf 2019-04-25
5 Form 18 [27-07-2016(online)].pdf_46.pdf 2016-07-27
5 201647025638-RELEVANT DOCUMENTS [25-04-2019(online)].pdf 2019-04-25
6 Form 3 [25-01-2017(online)].pdf 2017-01-25
6 Form 18 [27-07-2016(online)].pdf 2016-07-27
7 Form 1 [27-07-2016(online)].pdf 2016-07-27
7 201647025638-Correspondence-Notarized Assignment-230816.pdf 2016-09-20
8 Drawing [27-07-2016(online)].pdf 2016-07-27
8 201647025638-Notarized Assignment-230816.pdf 2016-09-20
9 201647025638.pdf 2016-09-02
9 Description(Complete) [27-07-2016(online)].pdf 2016-07-27
10 201647025638.pdf 2016-09-02
10 Description(Complete) [27-07-2016(online)].pdf 2016-07-27
11 201647025638-Notarized Assignment-230816.pdf 2016-09-20
11 Drawing [27-07-2016(online)].pdf 2016-07-27
12 201647025638-Correspondence-Notarized Assignment-230816.pdf 2016-09-20
12 Form 1 [27-07-2016(online)].pdf 2016-07-27
13 Form 18 [27-07-2016(online)].pdf 2016-07-27
13 Form 3 [25-01-2017(online)].pdf 2017-01-25
14 201647025638-RELEVANT DOCUMENTS [25-04-2019(online)].pdf 2019-04-25
14 Form 18 [27-07-2016(online)].pdf_46.pdf 2016-07-27
15 201647025638-FORM 13 [25-04-2019(online)].pdf 2019-04-25
15 Form 3 [27-07-2016(online)].pdf 2016-07-27
16 201647025638-AMENDED DOCUMENTS [25-04-2019(online)].pdf 2019-04-25
16 Form 5 [27-07-2016(online)].pdf 2016-07-27
17 Correspondence by Agent_Form 1_Power Of Attorney_29-04-2019.pdf 2019-04-29
17 Power of Attorney [27-07-2016(online)].pdf 2016-07-27
18 PROOF OF RIGHT [27-07-2016(online)].pdf 2016-07-27
18 201647025638-FER.pdf 2020-03-09

Search Strategy

1 SearchStrategyForApp201647025638E_06-03-2020.pdf