Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-05-31
2011-05-31
Apple, Kirsten S (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S03600T, C705S037000, C705S039000, C705S040000, C705S041000, C705S042000, C705S043000, C705S044000, C705S045000
Reexamination Certificate
active
07953658
ABSTRACT:
A method, system, and computer are disclosed for managing a financial transaction associated with a financial account, wherein the transaction would cause an outstanding balance of the financial account to exceed a credit limit. The method comprises determining a merchant type for a merchant which is a party to the transaction. A merchant credit risk associated with the determined merchant type is determined. The merchant credit risk is compared to a threshold value defining an acceptable credit risk. The transaction is approved based on the comparison of the merchant credit risk with the threshold value.
REFERENCES:
patent: 5383113 (1995-01-01), Kight et al.
patent: 5815657 (1998-09-01), Williams et al.
patent: 5819226 (1998-10-01), Gopinathan et al.
patent: 5873072 (1999-02-01), Kight et al.
patent: 5953710 (1999-09-01), Fleming
patent: 6330546 (2001-12-01), Gopinathan et al.
patent: 6456984 (2002-09-01), Demoff et al.
patent: 6535855 (2003-03-01), Cahill et al.
patent: 6824049 (2004-11-01), Lee et al.
patent: 7107244 (2006-09-01), Kight et al.
patent: 7152788 (2006-12-01), Williams
patent: 7383224 (2008-06-01), Huennekens et al.
patent: 7392942 (2008-07-01), Dragt et al.
patent: 7403922 (2008-07-01), Lewis et al.
Patent Examiner Affidavit, signed on Oct. 2, 2006.
Huennekens Kevin
Li Haicheng
Marshall Jeffrey
Poteralski Martin
Solomon Marc
Apple Kirsten S
Capital One Financial Corporation
Finnegan Henderson Farabow Garrett & Dunner L.L.P.
LandOfFree
Systems and methods for processing credit card transactions... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Systems and methods for processing credit card transactions..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Systems and methods for processing credit card transactions... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-2692712