Macquarie Group has been granted a patent for a method involving transportation requests from authorized users to transport passengers. The system provides navigational information to drivers and notifications to users based on fulfillment status. GlobalData’s report on Macquarie Group gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Macquarie Group, was a key innovation area identified from patents. Macquarie Group's grant share as of April 2024 was 84%. Grant share is based on the ratio of number of grants to total number of patents.

Transportation service authorization and fulfillment system

Source: United States Patent and Trademark Office (USPTO). Credit: Macquarie Group Ltd

A recently granted patent (Publication Number: US11915163B2) outlines a method and system for managing transportation requests between passengers and drivers. The method involves receiving a transportation request from an authorizing user, determining authorization based on account association, providing navigational information to the driver, and notifying both the authorizing user and passenger of the fulfillment status. Additional features include identifying payment methods, providing driver information, estimating arrival times, and processing payments upon completion of the request. The system comprises processors and storage mediums to execute these functions efficiently.

Furthermore, the patent includes a non-transitory computer-readable medium storing instructions for receiving transportation requests, determining authorization based on account association, providing navigational information to drivers, and notifying users of fulfillment status. It also covers features such as identifying payment methods, providing driver location information, estimating arrival times, and processing payments upon completion of the transportation request. The system aims to streamline the process of managing transportation requests, ensuring a seamless experience for both passengers and drivers while maintaining security and efficiency throughout the journey.

To know more about GlobalData’s detailed insights on Macquarie Group, buy the report here.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.