US Patent Issued to DLIC HOLDINGS on Oct. 7 for "Systems and methods for administration of financial products" (Indiana Inventor)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,314, issued on Oct. 7, was assigned to DLIC HOLDINGS LLC (Zionsville, Ind.).

"Systems and methods for administration of financial products" was invented by Jeffrey S Lange (Indianapolis).

According to the abstract* released by the U.S. Patent & Trademark Office: "The principles and embodiments of the invention relate to systems and computer-implemented methods for administering financial product accounts that provide reward benefits. An attribution rate on an investment in a financial account can be generated as benefit rewards received from the use of credit cards in a credit card account. The method can comprise issuing credit cards to customers, and receiving invested funds int...