Financier-facilitated guaranty provisioning

• US 10,157,407 B2
• Filed: 01/29/2014
• Issued: 12/18/2018
• Est. Priority Date: 10/29/2013
• Status: Active Grant

• Current Assignee: Elwha LLC (Intellectual Ventures LLC)
• Original Assignee: Elwha LLC (Intellectual Ventures LLC)
• Inventors: Jung, Edward K. Y., Lord, Richard T., Lord, Robert W.
• Primary Examiner(s): Garg, Yogesh C
• Application Number:
  US14/167,637
• Publication Number:
  US 20150120501A1
• Time in Patent Office: 1,784 Days
• Field of Search: 705 39, 705 2641, 705 2635, 705 2682
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: H04L 63/10 for controlling access to devices or network resources

Abstract

Disclosed herein are example embodiments for financier-facilitated guaranty provisioning. For certain example embodiments, at least one device, such as a server device of a financier: (i) may discover at least one authorization request corresponding to at least one product transaction; or (ii) may provide at least one proffered guaranty transaction to at least one guarantor. However, claimed subject matter is not limited to any particular described embodiments, implementations, examples, or so forth.

Claims

1. A method comprising:

electronically interacting with one or more guaranty market maker servers associated with a plurality of guarantors and implemented using one or more processors by at least one of making or accepting one or more calls to a guaranty-related application programming interface (API) including at least;

electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer;

electronically accessing at least one electronic message transmitted in at least one data stream via at least one mobile device associated with the at least one customer;

electronically deriving from the at least one electronic message one or more indicia that corroborate that the at least one customer has intent to engage in at least one product transaction and one or more indicia that corroborate suitability for engaging in one or more proffered guaranty transactions;

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors including at least correlating, via at least one machine learning system, (1) at least one transaction characteristic associated with the at least one product transaction to the one or more indicia that corroborate that the at least one customer has intent to engage in the at least one product transaction, and (2) at least one transaction characteristic associated with the at least one product transaction to the one or more indicia that corroborate suitability for engaging in the one or more proffered guaranty transactions;

electronically extracting from the at least one authorization request at least one potential guarantor from among the plurality of guarantors;

electronically formulating at least one electronic message associated with at least one transaction marketplace response at least indicative of whether to proffer at least one guaranty transaction; and

electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor.

2. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically receiving at least one authorization request.

3. The method of claim 2 wherein the electronically receiving at least one authorization request comprises:

electronically receiving from at least one vendor.

4. The method of claim 2 wherein the electronically receiving at least one authorization request comprises:

electronically receiving from at least one payment authorization apparatus.

5. The method of claim 2 wherein the electronically receiving at least one authorization request comprises:

electronically receiving at least one authorization request via at least one network.

6. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically receiving at least one authorization request from at least one related company.

7. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically ascertaining at least one authorization request.

8. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically decoding at least one authorization request.

9. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically discovering at least one inquiry regarding approval for at least one customer.

10. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically discovering one or more messages of at least one authorization request.

11. The method of claim 10 wherein the electronically discovering one or more messages of at least one authorization request comprises:

electronically discovering at least one request for authorization to consummate at least one product transaction.

12. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

electronically discovering at least one authorization request corresponding to at least one agreement to exchange at least one product for consideration.

13. The method of claim 1 wherein the electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer comprises:

at least one of;

electronically discovering at least one authorization request that includes at least a reference to at least one transaction characteristic corresponding to at least one product transaction;

electronically discovering at least one guaranty indicator corresponding to at least one product transaction;

electronically discovering at least one guaranty indicator that is indicative that submission to at least one guaranty transaction marketplace is acceptable;

electronically discovering at least one guaranty indicator that is indicative of a potential guarantor for at least one product transaction;

electronically discovering at least one party identifier corresponding to at least one product transaction;

or

electronically discovering at least one transaction location corresponding to at least one product transaction.

14. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically transmitting to at least one guarantor.

15. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically submitting to at least one guaranty transaction marketplace.

16. The method of claim 15 wherein the electronically submitting to at least one guaranty transaction marketplace comprises:

electronically transmitting to at least one guaranty market maker.

17. The method of claim 15 wherein the electronically submitting to at least one guaranty transaction marketplace comprises:

electronically calling at least one application programming interface (API).

18. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically making at least one proffered guaranty transaction accessible via at least one server device of a financier.

19. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically providing at least one proffered guaranty transaction to elicit at least one proffered guaranty.

20. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically providing at least one proffered guaranty transaction at least partially in response to at least one proffered transaction characteristic.

21. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically providing at least one proffered guaranty transaction based at least partly on at least one authorization request.

22. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

at least one of;

electronically providing at least one proffered guaranty transaction that includes at least a reference to at least one transaction characteristic;

or

electronically providing at least a reference to at least one product identification.

23. The method of claim 22 wherein the electronically providing at least one proffered guaranty transaction that includes at least a reference to at least one transaction characteristic comprises:

at least one of

electronically providing at least a reference to at least one party identifier;

or

electronically providing at least a reference to at least one product identification.

24. The method of claim 22 wherein the electronically providing at least one proffered guaranty transaction that includes at least a reference to at least one transaction characteristic comprises:

electronically providing at least a reference to at least one product location.

25. The method of claim 22 wherein the electronically providing at least one proffered guaranty transaction that includes at least a reference to at least one transaction characteristic comprises:

electronically providing at least a reference to at least one transaction type.

26. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically providing at least one indication of disagreement handling.

27. The method of claim 26 wherein the electronically providing at least one indication of disagreement handling comprises:

electronically providing at least one indication of repudiation handling.

28. The method of claim 1 wherein the electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor comprises:

electronically providing at least one indication of contingency.

29. The method of claim 28 wherein the electronically providing at least one indication of contingency comprises:

electronically providing at least one contingent indication with respect to at least one guaranty for at least one product transaction.

30. The method of claim 29 wherein the electronically providing at least one contingent indication with respect to at least one guaranty for at least one product transaction comprises:

electronically providing at least one indication that at least one obligation of at least one guaranty is contingent on at least one transaction characteristic corresponding to at least one product transaction.

31. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically engaging in at least one negotiation for at least one term of at least one guaranty.

32. The method of claim 31 wherein the electronically engaging in at least one negotiation for at least one term of at least one guaranty comprises:

electronically engaging in at least one negotiation for at least one fee.

33. The method of claim 31 wherein the electronically engaging in at least one negotiation for at least one term of at least one guaranty comprises:

electronically engaging in at least one negotiation for at least one time period.

34. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining to accept at least one guaranty offer.

35. The method of claim 34 wherein the electronically determining to accept at least one guaranty offer comprises:

electronically signaling acceptance of at least one guaranty offer to form at least one guaranty transaction.

36. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors by at least matching at least one transaction characteristic associated with the at least one product transaction to at least one of a search history or a social network posting associated with the at least one customer that at least one of corroborates that the at least one customer has intent to engage in the at least one product transaction or corroborates suitability for engaging in the at least one product transaction.

37. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors by at least matching at least one transaction characteristic associated with the at least one product transaction to at least one data stream of at least one mobile device associated with the at least one customer that at least one of corroborates that the at least one customer has intent to engage in the at least one product transaction or corroborates suitability for engaging in the at least one product transaction.

38. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors by at least matching at least one transaction characteristic associated with the at least one product transaction to at least one of a merchant, a type of payment tool, a kind of good, or category of service that at least one of corroborates that the at least one customer has intent to engage in the at least one product transaction or corroborates suitability for engaging in the at least one product transaction.

39. The method of claim 1 wherein the electronically determining, via automatic machine analysis performed by at least one of the one or more guaranty market maker servers, whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors by at least matching at least one transaction characteristic associated with the at least one product transaction to at least one estimated location derived from trilateration that at least one of corroborates that the at least one customer has intent to engage in the at least one product transaction or corroborates suitability for engaging in the at least one product transaction.

40. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors by at least matching at least one transaction characteristic associated with the at least one product transaction to at least one interrogation of at least one mobile device associated with the at least one customer that at least one of corroborates that the at least one customer has intent to engage in the at least one product transaction or corroborates suitability for engaging in the at least one product transaction.

41. The method of claim 1 wherein the electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors includes:

electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors by at least matching at least one transaction characteristic associated with the at least one product transaction to at least positioning system coordinates associated with at least one mobile device associated with the at least one customer and at least one search history associated with the at least one customer that at least one of corroborates that the at least one customer has intent to engage in the at least one product transaction or corroborates suitability for engaging in the at least one product transaction.

42. A system comprising:

one or more guaranty market maker servers associated with a plurality of guarantors including one or more electronic devices configured for at least one of making or accepting one or more calls to a guaranty-related application programming interface (API), the one or more electronic devices including at least;

circuitry configured for electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer;

circuitry configured for electronically accessing at least one electronic message transmitted in at least one data stream via at least one mobile device associated with the at least one customer;

circuitry configured for electronically deriving from the at least one electronic message one or more indicia that corroborate that the at least one customer has intent to engage in at least one product transaction and one or more indicia that corroborate suitability for engaging in one or more proffered guaranty transactions;

circuitry configured for electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors including at least correlating, via at least one machine learning system, (1) at least one transaction characteristic associated with the at least one product transaction to the one or more indicia that corroborate that the at least one customer has intent to engage in the at least one product transaction, and (2) at least one transaction characteristic associated with the at least one product transaction to the one or more indicia that corroborate suitability for engaging in the one or more proffered guaranty transactions;

circuitry configured for electronically extracting from the at least one authorization request at least one potential guarantor from among the plurality of guarantors;

circuitry configured for electronically formulating at least one electronic message associated with at least one transaction marketplace response at least indicative of whether to proffer at least one guaranty transaction; and

circuitry configured for electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor.

43. An arrangement comprising:

means for electronically interacting with one or more guaranty market maker servers associated with a plurality of guarantors by at least one of making or accepting one or more calls to a guaranty-related application programming interface (API) including at least;

means for electronically obtaining at least one authorization request corresponding to at least one product transaction associated with at least one customer;

means for electronically accessing at least one electronic message transmitted in at least one data stream via at least one mobile device associated with the at least one customer;

means for electronically deriving from the at least one electronic message one or more indicia that corroborate that the at least one customer has intent to engage in at least one product transaction and one or more indicia that corroborate suitability for engaging in one or more proffered guaranty transactions;

means for electronically determining whether to proffer at least one guaranty transaction to at least one of the plurality of guarantors including at least correlating, via at least one machine learning system, (1) at least one transaction characteristic associated with the at least one product transaction to the one or more indicia that corroborate that the at least one customer has intent to engage in the at least one product transaction, and (2) at least one transaction characteristic associated with the at least one product transaction to the one or more indicia that corroborate suitability for engaging in the one or more proffered guaranty transaction;

means for electronically extracting from the at least one authorization request at least one potential guarantor from among the plurality of guarantors;

means for electronically formulating at least one electronic message associated with at least one transaction marketplace response at least indicative of whether to proffer at least one guaranty transaction; and

means for electronically providing the at least one proffered guaranty transaction at least to the electronically extracted at least one potential guarantor.