ALEXANDRIA, Va., Dec. 2 -- United States Patent no. 12,488,388, issued on Dec. 2, was assigned to Block Inc. (Oakland, Calif.).
"Intelligently determining terms of a conditional finance offer" was invented by Taylor Hunt (San Francisco) and Xingjie Liu (San Francisco).
According to the abstract* released by the U.S. Patent & Trademark Office: "Some examples include providing an application for installation on a user device of a user of a payment service, and receiving transaction data associated with transactions of the user. A request to finance a transaction for the user is received via a user interface of the application. Based on the received transaction data, terms for financing the transaction are determined, with one term including...