US Patent No: 8,027,914

Number of patents in Portfolio can not be more than 2000

System and method for providing instant-decision, financial network-based payment cards

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ALSO PUBLISHED AS: 20100114758
ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

A system and method for issuance of a financial network-based payment card (generally known as a “credit card”) almost instantaneously after application, wherein an applicant applies for a credit card by entering data into a data entry system, advantageously by filling in a plurality of predefined forms in a computer-based data entry system. The applicant's data is sent via a data network to a central decision center, which approves or disapproves the application. If the application is approved, data is generated and delivered to a card production system, which embosses and magnetically encodes a card blank. The card is then delivered to the applicant.

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First Claim

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Related Publications

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Patent Owner(s)

Patent OwnerAddressTotal Patents
JPMORGAN CHASE BANK, N.A.NEW YORK, NY1993

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Levinson, Ronald Tampa, FL 6 14
Sabharwal, Mohit New York, NY 9 68
White, Brigette A Cortlandt Manor, NY 7 14

Cited Art Landscape

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Other [Check patent profile for assignment information] (18)
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