Invalidity dossier

US 12014347

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

Current assignee: PayGeo, LLC

Added 5/13/2026, 6:00:25 AM

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Patent summary

Title, assignee, inventors, filing/issue dates, abstract, and a plain-language overview of the claims.

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Here is a concise summary of US Patent 12014347:

US Patent Number: US12014347B2
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: 2021-08-10
Issue Date: 2024-06-18
Abstract: A system and associated method and service for providing a platform that enables members to transfer, receive, or otherwise exchange cash in various international denominations and commodities, such as precious metals (e.g., gold, silver, etc.), in a mobile highly secured telecommunications environment. The system is capable of delivering cash instantly between two or more users by allowing the exchange of secure transactions between system and cash dispensing machines (ATMs). Users may pay, receive, exchange, deposit, transfer, pay bills, exchange currency, retrieve cash, deposit cash and create accounts based on the mobile phone number or a system generated code.

Independent Claims Overview:
The provided authoritative full patent text does not include the claims section. Therefore, I cannot provide a plain-language overview of each independent claim based on the given information.

CAFC 2026 Dockets:
A search of CAFC 2026 dockets did not return any scheduled cases specifically mentioning patent number 12014347. However, the patent's legal status information indicates a PTAB case IPR2025-01555 was filed (and not instituted for procedural reasons) and a US case was filed in the Texas Eastern District Court [cite: US12014347B2 patent text].

Generated 5/24/2026, 11:34:55 PM