US 11087307

Here's a concise summary of US Patent 11087307:

Patent Number: US11087307B2

Title: Kit, system and associated method and service for providing a platform to prevent fraudulent financial transactions

Assignee: Paygeo LLC

Inventors: Rabih S. Ballout

Filing Date: March 2, 2021

Issue Date: August 10, 2021

Abstract: A system and associated method and service are provided for a platform enabling members to transfer, receive, or exchange cash in various international denominations and commodities (e.g., precious metals like gold, silver) within a highly secured mobile telecommunications environment. The system facilitates instant cash delivery between users through secure transactions with cash dispensing machines (ATMs). Users can perform various financial actions like paying, receiving, exchanging, depositing, transferring cash, paying bills, exchanging currency, and creating accounts based on mobile phone numbers or system-generated codes.

Independent Claims Overview:

I do not have access to the full text of the claims within the provided authoritative patent text. Therefore, I cannot provide a plain-language overview of each independent claim at this time.

Litigation:
As of April 26, 2026, the patent 11087307 is active and has ongoing litigation. A PTAB case, IPR2025-01554, was filed but not instituted procedurally. Additionally, a case has been filed in the Texas Eastern District Court, and the first worldwide family litigation has also been initiated.

I found no authoritative results specifically indicating dockets for US11087307 in the U.S. Court of Appeals for the Federal Circuit (CAFC) for 2026 in the search results.