Michael S Barrett

US Patent:

7707107, Apr 27, 2010

Filed:

Apr 2, 2007

Appl. No.:

11/695168

Inventors:

Lucas Gebb - New York NY, US
Joshua B McKay - New York NY, US
Michael R Barrett - Scottsdale AZ, US
Lee A Wojciechowski - Glendale AZ, US
David Armes - Phoenix AZ, US
Fred Bishop - Phoenix AZ, US
Madhukar Madhineni - Phoenix AZ, US
Vilayanur Parameswaran Krishnan - Scottsdale AZ, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 39, 705 26, 705 38

Abstract:

The present invention provides a system and method for facilitating commercial transactions involving the exchange of monetary value for goods, services, or other value between remote individuals, as in the case of transactions between users of a distributed computer network such as the Internet. Remote individuals are provided with a convenient, cost-efficient, and secure means for engaging in commercial transactions with one another. The invention provides remote sellers with an irrevocable means of receiving funds from a remote purchaser; means for improving purchaser willingness to transact with an unknown party; transaction tracking; and rapid funds availability. The invention also provides remote purchasers with means for making a secure, confidential transfer of funds; means for immediate initiation of shipment by a seller; means for releasing funds to a seller only after approval of the goods, services, or other value; means for demonstrating proof of payment; and means for having some level of recourse against a remote seller.

US Patent:

7716127, May 11, 2010

Filed:

Apr 2, 2007

Appl. No.:

11/695174

Inventors:

Lucas Gebb - New York NY, US
Joshua B McKay - New York NY, US
Michael R Barrett - Scottsdale AZ, US
Lee A Wojciechowski - Glendale AZ, US
David Armes - Phoenix AZ, US
Fred Bishop - Phoenix AZ, US
Madhukar Madhineni - Phoenix AZ, US
Vilayanur Parameswaran Krishnan - Scottsdale AZ, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 39, 705 26, 705 38

Abstract:

The present invention provides a system and method for facilitating commercial transactions involving the exchange of monetary value for goods, services, or other value between remote individuals, as in the case of transactions between users of a distributed computer network such as the Internet. Remote individuals are provided with a convenient, cost-efficient, and secure means for engaging in commercial transactions with one another. The invention provides remote sellers with an irrevocable means of receiving funds from a remote purchaser; means for improving purchaser willingness to transact with an unknown party; transaction tracking; and rapid funds availability. The invention also provides remote purchasers with means for making a secure, confidential transfer of funds; means for immediate initiation of shipment by a seller; means for releasing funds to a seller only after approval of the goods, services, or other value; means for demonstrating proof of payment; and means for having some level of recourse against a remote seller.

US Patent:

7756785, Jul 13, 2010

Filed:

Apr 2, 2007

Appl. No.:

11/695152

Inventors:

Lucas Gebb - New York NY, US
Joshua B McKay - New York NY, US
Michael R Barrett - Scottsdale AZ, US
Lee A Wojciechowski - Glendale AZ, US
David Armes - Phoenix AZ, US
Fred Bishop - Phoenix AZ, US
Madhukar Madhineni - Phoenix AZ, US
Vilayanur Parameswaran Krishnan - Scottsdale AZ, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 39, 705 26, 705 38

Abstract:

The present invention provides a system and method for facilitating commercial transactions involving the exchange of monetary value for goods, services, or other value between remote individuals, as in the case of transactions between users of a distributed computer network such as the Internet. Remote individuals are provided with a convenient, cost-efficient, and secure means for engaging in commercial transactions with one another. The invention provides remote sellers with an irrevocable means of receiving funds from a remote purchaser; means for improving purchaser willingness to transact with an unknown party; transaction tracking; and rapid funds availability. The invention also provides remote purchasers with means for making a secure, confidential transfer of funds; means for immediate initiation of shipment by a seller; means for releasing funds to a seller only after approval of the goods, services, or other value; means for demonstrating proof of payment; and means for having some level of recourse against a remote seller.

US Patent:

7769687, Aug 3, 2010

Filed:

Apr 2, 2007

Appl. No.:

11/695161

Inventors:

Lucas Gebb - New York NY, US
Joshua B McKay - New York NY, US
Michael R Barrett - Scottsdale AZ, US
Lee A Wojciechowski - Glendale AZ, US
David Armes - Phoenix AZ, US
Fred Bishop - Phoenix AZ, US
Madhukar Madhineni - Phoenix AZ, US
Vilayanur Parameswaran Krishnan - Scottsdale AZ, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 39, 705 26, 705 38

Abstract:

The present invention provides a system and method for facilitating commercial transactions involving the exchange of monetary value for goods, services, or other value between remote individuals, as in the case of transactions between users of a distributed computer network such as the Internet. Remote individuals are provided with a convenient, cost-efficient, and secure means for engaging in commercial transactions with one another. The invention provides remote sellers with an irrevocable means of receiving funds from a remote purchaser; means for improving purchaser willingness to transact with an unknown party; transaction tracking; and rapid funds availability. The invention also provides remote purchasers with means for making a secure, confidential transfer of funds; means for immediate initiation of shipment by a seller; means for releasing funds to a seller only after approval of the goods, services, or other value; means for demonstrating proof of payment; and means for having some level of recourse against a remote seller.

US Patent:

20130041945, Feb 14, 2013

Filed:

Oct 4, 2012

Appl. No.:

13/644559

Inventors:

American Express Travel Related Services Compa - New York NY, US
Michael Barrett - Phoenix AZ, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06F 15/16

US Classification:

709203

Abstract:

Methods for controlling online session inactivity timeouts between a user terminal and a server involves the server polling the user's local terminal to determine whether the user presence at the terminal can be confirmed if there is a period of inactivity within the session. If so, or if the server can otherwise confirm that the terminal is secured from use by other users, then the user session is maintained. Otherwise, the user session is allowed to timeout due to inactivity. The server may issue an alert to the user whenever a timeout is imminent, and may restore any information entered by the user prior to the timeout, if the user later returns and validates his identification.