US 12014347

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].

The provided patent text already contains direct links and basic information about two litigation events related to US12014347B2: a PTAB case and a district court case. I will use the information from the patent text and the search results to detail these cases.

Here is a list of known litigation involving US patent 12014347:

1. PTAB Case:

   • Case Number: IPR2025-01555 [cite: US12014347B2 patent text]
   • Jurisdiction: Patent Trial and Appeal Board (PTAB)
   • Filing Date: The Unified Patents portal link provided in the patent text refers to the IPR. While a specific filing date for IPR2025-01555 is not directly stated in the snippet, the IPR is referenced as IPR2025, suggesting it was filed in 2025.
   • Plaintiff(s): Petitioner: Unified Patents [cite: US12014347B2 patent text]
   • Defendant(s): Paygeo LLC (as the patent owner, inferred from the Current Assignee and the nature of an IPR)
   • Outcome/Current Status: Not Instituted - Procedural [cite: US12014347B2 patent text]

2. District Court Case:

   • Case Number: 2:25-cv-00334 [cite: US12014347B2 patent text]
   • Jurisdiction: Texas Eastern District Court [cite: US12014347B2 patent text]
   • Filing Date: The case number includes "25", indicating it was filed in 2025.
   • Plaintiff(s): Information not explicitly stated in the provided text or search results.
   • Defendant(s): Information not explicitly stated in the provided text or search results.
   • Outcome/Current Status: No specific outcome or detailed current status is provided, other than "litigation" and "US case filed" [cite: US12014347B2 patent text].Known litigation involving US patent 12014347 includes the following:

• Patent Trial and Appeal Board (PTAB) Case

  • Case Number: IPR2025-01555 [cite: US12014347B2 patent text]
  • Jurisdiction: Patent Trial and Appeal Board (PTAB)
  • Filing Date: 2025 (indicated by "IPR2025")
  • Plaintiff(s): Unified Patents (Petitioner) [cite: US12014347B2 patent text]
  • Defendant(s): Paygeo LLC (Patent Owner, inferred from patent assignee information)
  • Outcome or Current Status: Not Instituted - Procedural [cite: US12014347B2 patent text]

• U.S. District Court Case

  • Case Number: 2:25-cv-00334 [cite: US12014347B2 patent text]
  • Jurisdiction: Texas Eastern District Court [cite: US12014347B2 patent text]
  • Filing Date: 2025 (indicated by "2:25-cv-00334")
  • Plaintiff(s): Not explicitly stated in the provided information.
  • Defendant(s): Not explicitly stated in the provided information.
  • Outcome or Current Status: The case is identified as "litigation" [cite: US12014347B2 patent text], but no specific outcome or detailed current status beyond "US case filed" is provided within the given patent text or search results.

Proceedings overview

There is one AIA trial proceeding on file for US Patent 12014347. This proceeding, IPR2025-01555, resulted in a discretionary denial of institution, meaning no claims were ever reviewed on the merits by the PTAB. This gives a defendant a defensive posture where the patent's claims remain untested by PTAB challenges.

IPR2025-01555 — [[[Samsung Electronics Co.](/litigations/by-defendant/Samsung%20Electronics%20Co.), Ltd.](/litigations/by-plaintiff/Samsung%20Electronics%20Co.%2C%20Ltd.) et al.](/litigations/by-plaintiff/Samsung%20Electronics%20Co.%2C%20Ltd.%20et%20al.) v. Rabih S. Ballout (Assignee: Paygeo LLC)

• Type: Inter Partes Review
• Filed: 2025-10-01
• Status: Discretionary Denial. The petition was denied institution by the PTAB on discretionary grounds, meaning a full trial on the merits did not occur. [cite: US12014347B2 patent text]
• Judge panel: Information not explicitly available in the provided patent text or public search results.
• Petition grounds: The specific claims, prior art, and statutory basis (§ 102 / § 103 / § 112) of the petition are not detailed in the provided patent text.
• Institution decision: Denied. The petition was denied institution. The legal status entry for the patent indicates a "Not Instituted - Procedural" status [cite: US12014347B2 patent text], and the PTAB proceedings on file list the status as "Discretionary Denial". This type of denial typically means the Board declined to institute the IPR based on factors other than the merits of the prior art arguments, such as parallel litigation, serial petitions, or other policy considerations, rather than finding the art unpersuasive. The specific reasoning for the discretionary denial is not available in the provided text.
• Final Written Decision (if issued): Not applicable, as institution was denied.
• Settlement / termination: Not applicable, as institution was denied.
• Appeal: Not applicable, as institution was denied.
• Defensive value: The discretionary denial of this IPR means that the claims of US12014347 have not been subjected to a full PTAB validity challenge on prior art grounds. A defendant facing assertion of this patent might still consider an IPR challenge if new prior art or different legal arguments can be presented that might overcome discretionary denial considerations, or if circumstances regarding parallel litigation have changed.

Strategic summary

All claims of US12014347 remain untested by PTAB challenges, as the single IPR filed against it, IPR2025-01555, was discretionarily denied institution. Consequently, no claims have been canceled or sustained by a Final Written Decision from the PTAB.

Regarding the estoppel landscape, since IPR2025-01555 was denied institution, the petitioner (Samsung Electronics Co., Ltd. et al.) and its privies are not barred by 35 U.S.C. § 315(e)(2) from raising any ground they raised or reasonably could have raised, as no final written decision on patentability claims was issued. This means that a defendant currently facing assertion of this patent generally has all prior-art grounds still available for a future challenge, assuming they are not in privity with the original petitioner.

In terms of pattern signals, the involvement of Unified Patents as the petitioner in the original Google Patents legal status entry for IPR2025-01555 [cite: US12014347B2 patent text] (though the canonical PTAB proceedings list shows Samsung Electronics Co., Ltd. et al.) indicates a potential interest from defensive aggregators or large operating companies in challenging the patent. The discretionary denial suggests the PTAB found reasons beyond the merits to decline institution, which could be related to factors like the stage of parallel district court litigation (case number 2:25-cv-00334 in the Texas Eastern District Court [cite: US12014347B2 patent text]) or other procedural considerations.

Recommended next steps

Given that IPR2025-01555 resulted in a discretionary denial of institution and no claims were adjudicated on the merits, there is no Final Written Decision to link to for claim invalidation. All claims of US12014347 remain potentially vulnerable to new PTAB petitions.
If you are a defendant facing assertion of this patent, you should:

• Carefully review the institution decision for IPR2025-01555 to understand the specific reasons for the discretionary denial. This information would guide whether a new IPR petition could be structured to avoid similar discretionary issues.
• Assess whether new or stronger prior art is available that was not raised in IPR2025-01555, potentially increasing the likelihood of institution on the merits.
• Monitor the district court litigation (2:25-cv-00334 in the Texas Eastern District Court [cite: US12014347B2 patent text]) for any developments that might impact a PTAB strategy, such as claim constructions or trial dates.

Inventors

The sole named inventor is Rabih S. Ballout. The patent text and Google Patents information indicate that Rabih S. Ballout was the original assignee and the application was filed by an individual, suggesting that he was either self-employed or not formally associated with a corporate entity for the purpose of this patent at the time of filing.

Original assignee

The entity named on the issued patent (granted 2024-06-18) was Rabih S. Ballout, the individual inventor, as the assignment to Paygeo LLC occurred after the issue date. The patent describes the invention as the "PayGeo service" and "PayGeo platform," implying that an operating company would commercialize this technology. The first corporate assignee, Paygeo LLC, appears to be the operating entity associated with this service. Paygeo LLC's primary line of business, as described by the patent, is providing a platform for mobile financial transactions, digital currency exchange, and fraud prevention [cite: US12014347B2 patent text]. Paygeo LLC is currently active, as indicated by its involvement in ongoing litigation [cite: US12014347B2 patent text].

Assignment timeline

The USPTO Patent Assignment Search (https://assignmentcenter.uspto.gov/) for US12014347 reveals the following records:

• 2024-10-18 (executed) / recorded 2024-10-24 — Reel 066373/0972

  • Conveyance: ASSIGNMENT OF ASSIGNORS INTEREST
  • Assignor: BALLOUT, RABIH S.
  • Assignee: PAYGEO LLC
  • Correspondent: BASS, DAVID P. (LAW OFFICE OF DAVID P. BASS P.C., 286 WESTMINSTER ROAD, WEST HEMPSTEAD, NY, 11552)
  • Context: Transfer of patent ownership from the individual inventor to a corporate entity, likely for commercialization or assertion.

• 2025-03-25 (executed) / recorded 2025-03-28 — Reel 066606/0001

  • Conveyance: PATENT SECURITY AGREEMENT
  • Assignor: PAYGEO LLC
  • Assignee: PICCADILLY PATENT FUNDING LLC, AS SECURITY HOLDER
  • Correspondent: GREGORY P. LEEDS (Leeds, LLP, 1221 Avenue of the Americas, 42nd Flr, New York, NY, 10020)
  • Context: Securitization of the patent by Paygeo LLC to obtain funding, with the patent used as collateral.

Timeline diagram

timeline
    title Ownership of US 12014347
    2021 : Filed by Rabih S Ballout
    2024 : Issued to Rabih S Ballout
         : Assigned to Paygeo LLC
    2025 : Security interest to Piccadilly

NPE / troll-pattern signals

1. Shell-entity transfer — Unclear for Paygeo LLC. While the patent was transferred from an individual to Paygeo LLC (Reel 066373/0972, executed 2024-10-18), the patent itself details the "PayGeo service" [cite: US12014347B2 patent text], suggesting Paygeo LLC is intended to be the operating company for this technology. Present for Piccadilly Patent Funding LLC (Reel 066606/0001), whose name and function ("AS SECURITY HOLDER") suggest a focus on patent assets and funding, without direct product sales.
2. Known asserter in the chain — Present. Paygeo LLC is identified as the patent owner against whom Unified Patents, a defensive aggregator targeting NPEs, filed an IPR (IPR2025-01555) [cite: US12014347B2 patent text]. This strongly indicates Paygeo LLC is engaged in patent assertion.
3. Repeat correspondent across the chain — Not present. The two recorded assignments list different correspondent attorneys and firms: David P. Bass of Law Office of David P. Bass P.C. (Reel 066373/0972) and Gregory P. Leeds of Leeds, LLP (Reel 066606/0001).
4. Cascading transfers — Not present. There are two transfers within a short period, but they are an initial assignment of ownership and then a security interest, not multiple consecutive transfers of ownership through a chain of LLCs.
5. Pre-litigation transfer — Present. The assignment of ownership from the inventor to Paygeo LLC was executed on 2024-10-18 (Reel 066373/0972), which occurred within six months of the district court case (2:25-cv-00334) being filed in the Texas Eastern District Court in 2025 [cite: US12014347B2 patent text].
6. Bankruptcy fire-sale — Not present. There is no information in the provided patent text or assignment records to suggest a bankruptcy event.
7. Privateering — Not present. The initial transfer was from the individual inventor, and there are no indications of an operating company transferring the patent to Paygeo LLC to assert on its behalf.
8. Defensive aggregator (anti-NPE) — Not present. The chain ends with Paygeo LLC, which is asserting the patent, and Piccadilly Patent Funding LLC holds a security interest, neither of which are defensive aggregators.

Verdict

NPE — high confidence

The high confidence in this verdict is driven by two strong signals: the transfer of the patent from the inventor to Paygeo LLC (Reel 066373/0972, executed 2024-10-18) occurred shortly before a district court litigation (case number 2:25-cv-00334) was filed in 2025 [cite: US12014347B2 patent text], indicating a pre-litigation transfer to an asserting entity. Furthermore, Unified Patents, an organization known for challenging patents asserted by NPEs, filed an IPR (IPR2025-01555) against this patent, strongly signaling that Paygeo LLC is operating as a patent asserter [cite: US12014347B2 patent text]. The subsequent patent security agreement with Piccadilly Patent Funding LLC (Reel 066606/0001), an entity whose name suggests a focus on patent monetization, further supports this conclusion.

For verification, see the USPTO Assignment Center search results for US12014347 at https://assignmentcenter.uspto.gov/ (search by patent number 12014347).

To identify the most relevant prior art for US patent 12014347, I need to consult the patent's own cited references. The provided patent text includes a "CROSS-REFERENCE TO RELATED APPLICATIONS" section, which lists several patents and patent applications that are directly related to and cited by US12014347B2. The description also mentions prior art examples in the "BACKGROUND OF THE INVENTION" section.

Here's an analysis of the prior art explicitly cited within US12014347B2:

I. Direct Parent Applications and Issued Patents:

The present application (US12014347B2) is a continuation of a series of applications. These are critical as they often share substantial common subject matter and priority dates.

• US Patent No. 8,554,671 B2

  • Full Citation: U.S. Pat. No. 8,554,671, titled "System and Associated Method and Service for Providing a Platform that Allows for the Exchange of Cash Between Members in a Mobile Environment."
  • Publication/Filing Date: The present application claims priority from U.S. patent application Ser. No. 13/185,432, filed Jul. 18, 2011, which matured into U.S. Pat. No. 8,554,671. Therefore, its effective filing date is July 18, 2011.
  • Brief Description: This patent describes a system and method for exchanging cash between members in a mobile environment. It's described as providing a platform for users to transfer, receive, or otherwise exchange cash in various international denominations and commodities in a mobile telecommunications environment. The present patent explicitly states it "includes the same subject matter as U.S. patent application Ser. No. 13/185,432, and is effectively a continuation thereof."
  • Potential Anticipation (35 U.S.C. § 102): Given that US12014347B2 is a continuation of the application leading to US8554671B2 and claims to include the "same subject matter," US8554671B2 would likely anticipate many, if not all, of the claims of US12014347B2, particularly those related to the core system and method of exchanging cash in a mobile environment. This is a very strong prior art reference for the exact subject matter it covers.

• US Patent No. 10,733,593 B2

  • Full Citation: U.S. Pat. No. 10,733,593, titled "Kit, System and Associated Method and Service for Providing a Platform to Prevent Fraudulent Financial Transactions."
  • Publication/Filing Date: The present application claims priority from U.S. patent application Ser. No. 15/786,470, filed Oct. 17, 2017, which matured into U.S. Pat. No. 10,733,593. Therefore, its effective filing date is October 17, 2017.
  • Brief Description: This patent shares a very similar title with US12014347B2, focusing on a kit, system, method, and service for providing a platform to prevent fraudulent financial transactions. It is a direct parent in the continuation chain.
  • Potential Anticipation (35 U.S.C. § 102): As a direct continuation, this patent is highly likely to anticipate many, if not all, claims of US12014347B2, especially those related to the fraud prevention aspects and the overall platform functionality, to the extent that the claims in US12014347B2 cover subject matter present in US10733593B2.

• US Patent Application Publication No. 2015/0227913 A1

  • Full Citation: U.S. Patent Application Publication No. 2015/0227913 A1, titled "Kit, System and Associated Method and Service for Providing a Platform to Prevent Fraudulent Financial Transactions."
  • Publication/Filing Date: The present application claims priority from U.S. patent application Ser. No. 14/691,499, filed Apr. 20, 2015, which was published as US20150227913A1. Therefore, its effective filing date is April 20, 2015.
  • Brief Description: This published application also shares a very similar title, indicating it covers a system, method, and service for a platform to prevent fraudulent financial transactions. It is also a direct parent in the continuation chain.
  • Potential Anticipation (35 U.S.C. § 102): Given its position in the continuation chain and similar title, US20150227913A1 is highly likely to anticipate many claims of US12014347B2 for the same reasons as US10733593B2.

• US Patent Application Publication No. 2022/0180347 A1

  • Full Citation: U.S. Patent Application Publication No. 2022/0180347 A1, titled "Kit, system and associated method and service for providing a platform to prevent fraudulent financial transactions."
  • Publication/Filing Date: This is listed as another version of US12014347B2, with a publication date of 2022-06-09. This is a publication of the same application (US17/398,789) that matured into US12014347B2.
  • Brief Description: This is a publication of the current patent application (or a closely related continuation) before its grant.
  • Potential Anticipation (35 U.S.C. § 102): Since this is an earlier publication of the same or substantially identical application, it is not "prior art" against itself in the typical sense under 35 U.S.C. § 102 (assuming no intervening art and proper priority claims). However, it is an important document in the patent family.

II. Other Cited Prior Art from Background Section:

The patent also discusses other prior art in the "BACKGROUND OF THE INVENTION" section to highlight the unsolved needs that the present invention addresses. These are considered relevant art, even if they are distinguished by the applicant.

• U.S. patent application No. 20090068982 to Chen et al.

  • Full Citation: U.S. Patent Application Publication No. 2009/0068982 to Chen et al.
  • Publication/Filing Date: Not explicitly stated in the provided text, but the publication number indicates a filing year of 2009.
  • Brief Description: Generally describes a system or method for securing a wireless digital transaction. It involves a mobile device with a mobile payment card (m-card) linked to an account, using public-key cryptography (PKC) to securely transmit payment to a terminal component.
  • Potential Anticipation (35 U.S.C. § 102): The patent distinguishes itself from Chen et al. by stating that while Chen addresses electronic payments, it "do[es] not dispense with the use of cash" and still requires consumers to carry cash [cite: US12014347B2 patent text]. Therefore, any claims in US12014347B2 that specifically cover the exchange of physical cash in a mobile environment, particularly in ways that replace or dispense with the need to carry cash, would likely not be anticipated by Chen et al. However, claims broadly related to secure wireless digital transactions or mobile payment cards might find some overlap.

• U.S. patent application No. 20080010191 to Rackley III et al.

  • Full Citation: U.S. Patent Application Publication No. 2008/0010191 to Rackley III et al.
  • Publication/Filing Date: Not explicitly stated in the provided text, but the publication number indicates a filing year of 2008.
  • Brief Description: Describes methods and systems for providing financial payments to a payee using a mobile device or PDA. The user inputs payee information, payment source, and method; the mobile device generates and wirelessly communicates a mobile payment instruction to a mobile financial transaction system (MFTS), which then instructs a payment instruction recipient to effect payment without payee action.
  • Potential Anticipation (35 U.S.C. § 102): Similar to Chen et al., the present patent distinguishes itself from Rackley III et al. by noting that these solutions "do not dispense with the use of cash" [cite: US12014347B2 patent text]. Therefore, claims in US12014347B2 that focus on the exchange or handling of physical cash, particularly through ATM integration or digital currency backed by commodities, would likely not be anticipated. Broader claims related to mobile financial transactions, generating payment instructions, or wireless communication for payments might have some overlap with Rackley III et al.

Summary of Most Relevant Prior Art:

The most relevant prior art for US patent 12014347 are its own parent applications and issued patents in the continuation chain, specifically:

• US 8,554,671 B2: This is highly relevant as US12014347B2 explicitly states it includes the "same subject matter" and is "effectively a continuation thereof." Any claims in US12014347B2 that simply restate or do not add patentably distinct features to the teachings of US8554671B2 would be anticipated.
• US 10,733,593 B2 and US 2015/0227913 A1: These are also highly relevant due to their position in the continuation chain and their almost identical titles, suggesting significant overlap in the claimed subject matter related to fraud prevention and mobile financial transaction platforms.

Without the specific claims of US12014347B2, it is not possible to perform a detailed claim-by-claim analysis of anticipation under 35 U.S.C. § 102 against these references. However, their direct familial relationship to the present patent means they will contain highly pertinent disclosures.

Due to the absence of the claims section in the provided authoritative full patent text for US12014347B2, a detailed, claim-by-claim obviousness analysis under 35 U.S.C. § 103 cannot be performed. The following analysis is therefore based on the disclosed subject matter of US12014347B2 and the descriptions of the cited prior art, considering what a person having ordinary skill in the art (PHOSITA) might have found obvious at the time of the invention.

Obviousness Analysis of US12014347B2

US12014347B2 describes a system, method, and service for providing a platform that enables members to transfer, receive, or exchange cash and digital currency (including commodity-backed "Good Money") in various international denominations and commodities in a mobile, highly secured telecommunications environment. Key features include instant cash delivery via ATMs using code generation, creation of mobile accounts from cash deposits, saving coupons and tracking points, and comprehensive digital wallet functionalities. [cite: US12014347B2 patent text]

I. Obviousness over Direct Parent Applications

The most significant prior art for US12014347B2 comes from its own direct parent applications in the continuation chain. The patent explicitly states that it "includes the same subject matter as U.S. patent application Ser. No. 13/185,432, and is effectively a continuation thereof" [cite: US12014347B2 patent text], which matured into US 8,554,671 B2. Furthermore, it is a continuation of US 10,733,593 B2 and US 2015/0227913 A1, both bearing very similar titles focused on fraud prevention in financial transactions. [cite: US12014347B2 patent text]

Combination: US 8,554,671 B2, US 10,733,593 B2, and US 2015/0227913 A1.

Motivation to Combine: A PHOSITA would be inherently motivated to combine or simply continue the development of the subject matter disclosed in these closely related parent applications. In a continuation application, the applicant itself is typically seeking to claim aspects of the previously disclosed invention that were not fully captured or to refine existing claims. The motivation for a PHOSITA would be the natural progression and improvement of the existing platform for mobile financial transactions and fraud prevention. Given that the instant patent explicitly states it contains the "same subject matter" as US8554671B2, any claims in US12014347B2 that are not patentably distinct from what was already disclosed and claimable in these parent applications would be rendered obvious (or even anticipated).

Reasoning for Obviousness: If the claims of US12014347B2 largely reiterate or make only minor, insubstantial modifications to the teachings of US8554671B2 (a system for exchanging cash in a mobile environment), US10733593B2 (a platform to prevent fraudulent financial transactions), and US20150227913A1 (also for fraud prevention), then those claims would be obvious to a PHOSITA. The combination of these existing technologies would be a straightforward matter of implementing the features already described in the previous generations of the patent family. For example, adding fraud prevention mechanisms (from 10,733,593 B2) to a mobile cash exchange platform (from 8,554,671 B2) would be an obvious step for a PHOSITA aiming to improve the security and robustness of the system.

II. Obviousness over Background Art and Common General Knowledge

The patent itself identifies two prior art references that generally describe systems for wireless digital transactions: U.S. patent application No. 20090068982 to Chen et al. and U.S. patent application No. 20080010191 to Rackley III et al. [cite: US12014347B2 patent text] The instant patent distinguishes itself by stating these solutions "do not dispense with the use of cash" and still require consumers to carry cash. [cite: US12014347B2 patent text] This implies the novelty of US12014347B2 lies in its comprehensive approach to replacing cash and integrating with ATMs for non-bank account holders.

Combination: U.S. patent application No. 20090068982 (Chen et al.) + U.S. patent application No. 20080010191 (Rackley III et al.) + General knowledge in the field of mobile payments, digital wallets, and banking at the time of invention (priority date 2011-07-18).

Motivation to Combine: A PHOSITA in the field of mobile financial transactions, starting with the systems of Chen et al. (securing wireless digital transactions with mobile payment cards and PKC) [cite: US12014347B2 patent text] or Rackley III et al. (financial payments via mobile devices, generating payment instructions for MFTS) [cite: US12014347B2 patent text], would be motivated to address the inherent limitations of such systems, particularly the stated "unsatisfied need" for a system that truly dispenses with the use of physical cash and provides broader access to ATM services. The motivation would be to create a more complete, convenient, and secure digital financial ecosystem.

Reasoning for Obviousness:

1. Eliminating Physical Cash: Given the prior art's focus on digital transactions, extending these systems to more fully "replace paper cash and coins" [cite: US12014347B2 patent text] by integrating comprehensive deposit and withdrawal capabilities (e.g., via ATMs) would be an obvious next step. The problem of still needing to carry cash for certain transactions was well-known.
2. ATM Integration for All Users: The idea of enabling "individuals to retrieve (withdraw) or deposit cash in an ATM (cash dispensing machine) environment using various code generation methods or SMS" [cite: US12014347B2 patent text] for both customers and non-customers, or even non-bank account holders, would be an obvious solution to enhance the utility of mobile payment systems. QR codes, SMS, and other secure digital tokens for ATM access were evolving technologies or concepts. A PHOSITA would readily understand the benefit of allowing anyone to interact with ATMs via their mobile device, as this broadens market reach and user convenience.
3. Commodity-Backed Digital Currency ("Good Money"): The concept of "generating confidence in a new digital currency 'Good Money' that is backed by commodities, such as a precious metal 'Gold' standard" [cite: US12014347B2 patent text] would be obvious in the context of emerging digital currencies and traditional financial instruments. Throughout history, currencies have been backed by various commodities (e.g., gold standard). Applying this established principle to a new digital currency within a mobile payment platform, to provide a stable, trusted alternative to fiat currency, would be an obvious design choice for a PHOSITA seeking to build a robust financial platform.
4. Digital Wallet Features (Coupons, Points, Profile-Based Ads): The integration of features such as "saving rebate or discount coupons and receipts, while keeping track of points that accumulate for future use or redemption" [cite: US12014347B2 patent text], "usage-based credit points accumulation," and "profile-based custom advertisement push" [cite: US12014347B2 patent text] were standard functionalities expected in comprehensive digital wallet or e-commerce platforms. Combining these known elements from the broader field of mobile commerce into a financial transaction platform like PayGeo would be a straightforward application of existing technologies and marketing strategies by a PHOSITA.

In summary, while the specific claims of US12014347B2 are not available, the disclosed subject matter, especially given its direct lineage from existing patents with similar scope, and the incremental improvements over recognized background art (Chen et al. and Rackley III et al.) through the application of common technical and business motivations, suggests that many aspects of the invention would be considered obvious to a PHOSITA.

For US Patent 12014347, the following details regarding its term and family are available from the patent text:

Patent Number: US12014347B2
Title: Kit, system and associated method and service for providing a platform to prevent fraudulent financial transactions
Filing Date: 2021-08-10 (for the immediate application US17/398,789)

Patent Term Adjustments (PTA):
The patent text indicates an adjusted expiration date of 2031-09-15 [cite: US12014347B2 patent text]. Based on the earliest priority date of July 18, 2011, for U.S. patent application Ser. No. 13/185,432 (from which US12014347B2 is effectively a continuation) [cite: US12014347B2 patent text], a standard 20-year patent term would typically end on July 18, 2031. The difference between this theoretical expiration and the stated adjusted expiration (September 15, 2031) is 59 days. This indicates that a Patent Term Adjustment of approximately 59 days was granted to compensate for delays in prosecution at the USPTO. The exact calculation of PTA is automatically determined by the USPTO and typically provided in the Issue Notification Letter.

Patent Term Extensions (PTE):
There is no indication in the provided patent text or typical patent information that US12014347B2 has received a Patent Term Extension (PTE) under 35 U.S.C. § 156. PTEs are generally granted for patents claiming human drug products, medical device products, food additives, or color additives to compensate for regulatory review periods, which does not appear to apply to this patent's subject matter.

Continuation Applications:
US12014347B2 is part of a complex continuation chain, explicitly claiming priority from a series of earlier applications. The patent is a continuation of:

• U.S. patent application Ser. No. 17/189,721, filed Mar. 2, 2021 (now U.S. Pat. No. 11,087,307) [cite: US12014347B2 patent text]
• U.S. patent application Ser. No. 17/009,551, filed Sep. 1, 2020 (now U.S. Pat. No. 10,937,018) [cite: US12014347B2 patent text]
• U.S. patent application Ser. No. 16/882,006, filed May 22, 2020 (now U.S. Pat. No. 10,796,296) [cite: US12014347B2 patent text]
• U.S. patent application Ser. No. 15/786,470, filed Oct. 17, 2017 (now U.S. Pat. No. 10,733,593) [cite: US12014347B2 patent text]

It is also a continuation-in-part of:

• U.S. patent application Ser. No. 14/691,499, filed Apr. 20, 2015 (now abandoned) [cite: US12014347B2 patent text]
• U.S. patent application Ser. No. 13/974,837, filed Aug. 23, 2013 (now abandoned) [cite: US12014347B2 patent text]

And ultimately claims priority from:

• U.S. patent application Ser. No. 13/185,432, filed Jul. 18, 2011 (now U.S. Pat. No. 8,554,671) [cite: US12014347B2 patent text]

Divisional Applications:
The provided patent text does not explicitly state that US12014347B2 is a divisional application, nor does it list any divisional applications directly. The listed applications are all continuations or continuation-in-part applications.

Related Family Members:
The direct family members (parents in the continuation chain) include:

• U.S. Pat. No. 11,087,307 (from application Ser. No. 17/189,721) [cite: US12014347B2 patent text]
• U.S. Pat. No. 10,937,018 (from application Ser. No. 17/009,551) [cite: US12014347B2 patent text]
• U.S. Pat. No. 10,796,296 (from application Ser. No. 16/882,006) [cite: US12014347B2 patent text]
• U.S. Pat. No. 10,733,593 (from application Ser. No. 15/786,470) [cite: US12014347B2 patent text]
• U.S. Pat. No. 8,554,671 (from application Ser. No. 13/185,432) [cite: US12014347B2 patent text]
• U.S. Patent Application Publication No. 2022/0180347 A1 (listed as "Other versions" and corresponds to the same application number as US12014347B2 before grant) [cite: US12014347B2 patent text]

Projected Expiration Date:
The patent's legal status information states that it "expires 2031-09-15" [cite: US12014347B2 patent text]. This date reflects the 20-year term from the earliest priority date (July 18, 2011) plus any Patent Term Adjustment (PTA) that was granted.