Mark S Wallin

US Patent:

6581043, Jun 17, 2003

Filed:

Dec 29, 1999

Appl. No.:

09/474672

Inventors:

Mark S. Wallin - Houston TX
Amy L. Swift - Albuquerque NM

Assignee:

First Data Corporation - Hackensack NJ

International Classification:

G07F 1760

US Classification:

705 42, 235379, 705 45

Abstract:

The invention involves a system and a method of using a bank routing number having a predetermined return rate stored in a database of a plurality of bank routing numbers, each having an associated return rate for risk analysis of check honoring approval or denial, fraud detection, and the formulation of collection strategies. The invention provides for a system and method of improving the efficiency and accuracy of a risk analysis program of check honoring. The invention includes classifying each of a plurality of bank routing numbers to one of predetermined index numbers based on the associated return rates of the plurality of bank routing numbers, receiving the bank routing number, processing the bank routing number to access the index number to which the bank routing number is classified, and incorporating the accessed index number of the bank routing number in the analysis for check honoring.

US Patent:

7246740, Jul 24, 2007

Filed:

Mar 31, 2004

Appl. No.:

10/813915

Inventors:

Amy Swift - Frisco TX, US
Mark Wallin - Sugar Land TX, US
Lance Pate - Victoria TX, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G07F 19/00

US Classification:

235379, 235380, 235382, 235383

Abstract:

Most financial transactions involving check deposits and cashing at automatic teller machines are often associated with high risk. Although conventional security measures for many automatic teller machines record financial transactions, the recorded events are typically viewed after suspicious or criminal activity has already occurred. Therefore, a financial institution may not know in advance whether requested financial transactions are of suspicious or fraudulent intent. The present teachings relate to a method of scoring customers prior to authorization in a manner so as to identify suspicious behavior or suspicious activity. The method also relates to marking suspicious individuals by storing related transaction information, such as biometric data, in a database for purposes of verifying identification information and scoring the validity of future financial transactions.

US Patent:

7287689, Oct 30, 2007

Filed:

Dec 9, 2003

Appl. No.:

10/731540

Inventors:

Lisa C. Tidwell - Houston TX, US
Amy L. Swift - Frisco TX, US
Cassandra Mollett - Houston TX, US
Mark Wallin - Sugar Land TX, US
Lance D. Pate - Victoria TX, US
Charles R. Williams - Pearland TX, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G06K 5/00

US Classification:

235379, 235380

Abstract:

Systems and methods are described for better assessing risk associated with cashing second-party checks and other negotiable instruments. The systems and methods make use of information about authenticating marks, such as watermarks, bar codes, insignia, background patterns, and the like, from a check in order to better assess the legitimacy and cashability of the check. In various embodiments, information about an authenticating mark may be compared to stored information about an expected configuration for the authenticating mark. In various embodiments, a gradated risk score may be generated, based at least in part on the comparison. In various embodiments, the risk score may be combined with risk scores that are descriptive of other aspects of a check cashing transaction to calculate a risk score for the transaction as a whole. In some embodiments, the transaction risk score may be used to generate an accept/decline recommendation for the transaction.

US Patent:

7392942, Jul 1, 2008

Filed:

Dec 20, 2005

Appl. No.:

11/313539

Inventors:

Bruce Dragt - Highlands Ranch CO, US
Daniel Ahles - Houston TX, US
Mark Wallin - Sugar Land TX, US

Assignee:

First Data Corporation - Englewood CO

International Classification:

G06K 5/00

US Classification:

235382, 235380

Abstract:

A system automatically determines authorization of a financial transaction occurring through the presentation of a check card such as a demand deposit account (DDA) card. For a proposed financial transaction of a customer from a merchant having a membership program, the system obtains an indication that the customer is a member of the merchant's membership program. The system determines an indication of risk for the transaction, based at least in part on the indication that the customer is a member of the merchant's membership program. The financial transaction is authorized when the indication of risk is within at least one parameter.

US Patent:

7398925, Jul 15, 2008

Filed:

Dec 9, 2003

Appl. No.:

10/731401

Inventors:

Lisa C. Tidwell - Houston TX, US
Amy L. Swift - Frisco TX, US
Cassandra Mollett - Houston TX, US
Mark Wallin - Sugar Land TX, US
Lance D. Pate - Victoria TX, US
Charles R. Williams - Pearland TX, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G06K 7/00

US Classification:

235440, 235449

Abstract:

Systems and methods are described for better assessing risk associated with cashing second-party checks and other negotiable instruments by using biometric information obtained from an individual who presents a check or other negotiable instrument in a check-cashing transaction. In various embodiments, the obtained biometric information may be compared with stored biometric information in order to enhance confidence in the accurate identification of the check presenter. In various embodiments, a gradated biometric risk score, based at least in part on the comparison, may be generated for the check-cashing transaction. In various embodiments, the biometric risk score may be combined with risk scores that are descriptive of other aspects of the check-cashing transaction to calculate a risk score for the transaction as a whole. In some embodiments, the risk scores may be used to generate an accept/decline recommendation for the transaction as a whole.

US Patent:

7500599, Mar 10, 2009

Filed:

Jul 16, 2007

Appl. No.:

11/778519

Inventors:

Amy Swift - Frisco TX, US
Mark Wallin - Sugar Land TX, US
Lance Pate - Victoria TX, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G07F 19/00

US Classification:

235379, 235380, 235382, 235383

Abstract:

Most financial transactions involving check deposits and cashing at automatic teller machines are often associated with high risk. Although conventional security measures for many automatic teller machines record financial transactions, the recorded events are typically viewed after suspicious or criminal activity has already occurred. Therefore, a financial institution may not know in advance whether requested financial transactions are of suspicious or fraudulent intent. The present teachings relate to a method of scoring customers prior to authorization in a manner so as to identify suspicious behavior or suspicious activity. The method also relates to marking suspicious individuals by storing related transaction information, such as biometric data, in a database for purposes of verifying identification information and scoring the validity of future financial transactions.

US Patent:

7783563, Aug 24, 2010

Filed:

Dec 9, 2003

Appl. No.:

10/730859

Inventors:

Lisa C. Tidwell - Houston TX, US
Amy L. Swift - Frisco TX, US
Cassandra Mollett - Houston TX, US
Mark Wallin - Sugar Land TX, US
Lance D. Pate - Victoria TX, US
Charles R. Williams - Pearland TX, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G06Q 40/00

US Classification:

705 38

Abstract:

Systems and methods are described for building, maintaining, and using a repository of information about payors of second-party checks presented at a check-cashing entity for cashing. In various embodiments, the repository comprises stored information useful for determining the location of a payor of a second-party check. In one embodiment, information from the check that identifies an account on which the check is drawn, such as magnetic ink character recognition (MICR) line information from a paycheck, is used to access a repository of employer location information. In one embodiment, the payor location information is used to determine a proximity between the payor location and the check cashing entity location. In one embodiment, when a check is presented for which stored payor location information is not available, identifying information about the payor and/or the payor location is requested and is added to the repository.

US Patent:

7905396, Mar 15, 2011

Filed:

Oct 26, 2007

Appl. No.:

11/925629

Inventors:

Lisa C. Tidwell - Houston TX, US
Amy L. Swift - Frisco TX, US
Cassandra Mollett - Houston TX, US
Mark Wallin - Sugar Land TX, US
Lance Pate - Victoria TX, US
Charles R. Williams - Pearland TX, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G06K 5/00

US Classification:

235379, 235380

Abstract:

Systems and methods are described for better assessing risk associated with cashing second-party checks and other negotiable instruments. The systems and methods make use of information about authenticating marks, such as watermarks, bar codes, insignia, background patterns, and the like, from a check in order to better assess the legitimacy and cashability of the check. In various embodiments, information about an authenticating mark may be compared to stored information about an expected configuration for the authenticating mark. In various embodiments, a gradated risk score may be generated based at least in part on the comparison. In various embodiments, the risk score may be combined with risk scores that are descriptive of other aspects of a check cashing transaction to calculate a risk score for the transaction as a whole. In some embodiments, the transaction risk score may be used to generate an accept/decline recommendation for the transaction.