Jpmorgan Chase Bank, N.a.

Certco, Inc.

Other

Cqrcert, LLC

Bank One Delaware N.a.

Peter C Freund

Frank Wells Sudia

David William Kravitz

Ernest F Brickell

Frank W Sudia

Stuart T F Huang

Marcel Mordechay Yung

Richard Ankney

Alan Asay

Stuart Tf Huang

Patrick J Angeles

An embodiment of the present invention is directed to devices with multiple chips for facilitating small purchase transactions through a stored value account while also permitting other transactions through a network as directed by the user. According to an embodiment of the present invention, a method and system for performing at least one transaction may involve identifying a token used to perform a transaction wherein the token is read at a reader associated with a service provider, the token comprising at least two chips, a first chip associated with a first protocol accessing a local system and a second chip associated with a second protocol accessing a central controller via a network; identifying an appropriate protocol for the transaction; routing the transaction to the appropriate protocol; identifying at least one account for funding the transaction; authenticating the transaction; and funding the transaction through the at least one account.

Method and system for performing purchase and other transactions using tokens with multiple chips

The present invention relates to synthetic funds for purchase by investors. A structured note is structured to provide customized equity returns/exposure. Terms of each structured note may be specified by the purchaser and the structured notes may be unsecured liabilities of the obligor, e.g., there are no underlying assets upon which the structure note is based. Thus, there will be no limits on the use of structured note proceeds and management of assets and liabilities will be left entirely to the obligor's discretion. Structured note payment obligations may be related to the performance of an objective valuation, but structured note holders will depend on the good credit of the obligor for payment.

Synthetic funds having structured notes

The invention relates to a method and process by which an existing and large network of devices can be used by consumers to authenticate themselves, and permits each consumer to apply any of the various payments mechanisms available to him. The existing broadly distributed network is active and passive radio frequency identification ('RFID') devices held by consumers. Various types of accounts are linked to devices and allow users to perform various purchase transactions, as well as non-financial transactions.

System and process for performing purchase transactions using tokens

An embodiment of the present invention relates to capturing payer information and biller information for generating menu delivered to a customer to activate the billers for electronic payment and/or electronic presentment by selecting one or more billers. A method for facilitating electronic payment related services to at least one payer entity for making payments to at least one biller may comprise the steps of collecting payer information associated with the at least one payer entity; collecting billing information associated with the at least one payer entity; identifying one or more billers associated with the at least one payer entity from the payer information and the billing information, where the at least one payer entity has a relationship with each of the one or more billers; generating a menu for the at least one payer entity to select one or more billers for activating one or more electronic payment related services; and activating the one or more electronic payment related services in response to the at least one payer entity's selection of the one or more billers.

Method and system for providing electronic bill payment and presentment

The invention provides a method and system for providing liquidity to an alternative investment fund, such as to address the problem of illiquidity for investors in primary funds such as alternative investment funds. The transaction system includes investors in an alternative investment fund, a manager of the fund, and a structure that provides liquidity to investors who are otherwise saddled with illiquid ownership interests in the fund. The structure provides a fund investor with an option to designate some of the investor's interest in the fund to the structure, which will provide a preferred cash flow to the structure and which will provide immediate funds to the investor. In one aspect of the invention, the liquidity-providing structure is implemented using a trust to which the investor assigns his interest. The goal of the invention is to provide liquidity to investors of otherwise illiquid assets.

Method and system for adding liquidity to alternative investment transactions

A multi-step signing system and method uses multiple signing devices to affix a single signature which can be verified using a single public verification key. Each signing device possesses a share of the signature key and affixes a partial signature in response to authorization from a plurality of authorizing agents. In a serial embodiment, after a first partial signature has been affixed, a second signing device exponentiates the first partial signature. In a parallel embodiment, each signing device affixes a partial signature, and the plurality of partial signatures are multiplied together to form the final signature. Security of the system is enhanced by distributing capability to affix signatures among a plurality of signing devices and by distributing authority us affix a partial signature among a plurality of authorizing agents.

Multi-step digital signature method and system

A multi-step signing system and method uses multiple signing devices to affix a single signature which can be verified using a single public verification key. Each signing device posesses a share of the signature key and affixes a partial signature in response to authorization from a plurality of authorizing agents. In a serial embodiment, after a first partial signature has been affixed, a second signing device exponentiates the first partial signature. In a parallel embodiment, each signing device affixes a partial signature, and the plurality of partial signatures are multiplied together to form the final signature. Security of the system is enhanced by distributing capability to affix signatures among a plurality of signing devices and by distributing authority to affix a partial signature among a plurality of authorizing agents.

A method of unwrapping wrapped digital data that is unusable while wrapped, includes obtaining an acceptance phrase from a user; deriving a cryptographic key from the acceptance phrase; and unwrapping the package of digital data using the derived cryptographic key. The acceptance phrase is a phrase entered by a user in response to information provided to the user. The information and the acceptance phrase can be in any appropriate language. The digital data includes, alone or in combination, any of: software, a cryptographic key, an identifying certificate, an authorizing certificate, a data element or field of an identifying or authorizing certificate, a data file representing an images, data representing text, numbers, audio, and video.

Electronic cryptographic packing

A multi-step digital signature system and method is provided having a distributed root certifying authority 20. Messages received at the root certifying authority 20 are distributed to root certifying authority members 22-30 who attach partial signatures to the message using root key fragments. In the system and method provided, the system adapts to system events such as the addition or removal of key fragment holders, the need to modify key fragments, etc., by changing key fragments.

Adaptive multi-step digital signature system and method of operation

A multi-step signing system and method uses multiple signing devices to affix a single signature which can be verified using a single public verification key. Each signing device possesses a share of the signature key and affixes a partial signature in response to authorization from a plurality of authorizing agents. In a serial embodiment, after a first partial signature has been affixed, a second signing device exponentiates the first partial signature. In a parallel embodiment, each signing device affixes a partial signature, and the plurality of partial signatures are multiplied together to form the final signature. Security of the system is enhanced by distributing capability to affix signatures among a plurality of signing devices and by distributing authority to affix a partial signature among a plurality of authorizing agents.

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New York, NY, United States of America

Peter C Freund