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US Patent 10217093 System and method of social cash withdrawal

Patent 10217093 was granted and assigned to Capital One on February, 2019 by the United States Patent and Trademark Office.

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Contents

Is a
Patent
Patent

Patent attributes

Patent Applicant
Capital One
Capital One
Current Assignee
Capital One
Capital One
Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
10217093
Date of Patent
February 26, 2019
Patent Application Number
14942207
Date Filed
November 16, 2015
Patent Citations Received
‌
US Patent 11416850 Peer to peer navigation system and method
‌
US Patent 11610191 Cash transaction machine
0
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US Patent 11308476 Proximity peer to peer mobile navigation system and method
‌
US Patent 11373239 Real-time currency exchange system
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US Patent 11526892 Payment application based fund transfer
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US Patent 11568418 Payment application based fund transfer
Patent Primary Examiner
‌
Bijendra K Shrestha
Patent abstract

Systems and methods for locating a cash provider using location-based technologies and transfer funds include receiving a request for cash that includes location data obtained from a location-based technology from a withdrawing party device, searching a network of active providing parties for an available providing party based on withdrawing party preferences and the location data, transmitting an alert to an available providing party device, transmitting available providing party data to withdrawing party if the providing party has confirmed availability, receiving a request to transfer a withdrawal amount from an account associated with the withdrawing party device to an account associated with a selected providing party device, receiving confirmation from the withdrawing party device that the withdrawing party has received cash, transferring the withdrawal amount from the withdrawing party to the selected providing party, and transmitting an alert to the selected providing party device that the withdrawal amount has been transferred.

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