WO2001009850A8 - Network based financial transaction processing system - Google Patents

Network based financial transaction processing system

Info

Publication number
WO2001009850A8
WO2001009850A8 PCT/US2000/020026 US0020026W WO0109850A8 WO 2001009850 A8 WO2001009850 A8 WO 2001009850A8 US 0020026 W US0020026 W US 0020026W WO 0109850 A8 WO0109850 A8 WO 0109850A8
Authority
WO
WIPO (PCT)
Prior art keywords
financial transaction
transaction data
account
user terminal
processing system
Prior art date
Application number
PCT/US2000/020026
Other languages
French (fr)
Other versions
WO2001009850A1 (en
Inventor
Lloyd A Adams
Hani Yakan
Original Assignee
Chase Manhattan Bank Nat Ass
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Chase Manhattan Bank Nat Ass filed Critical Chase Manhattan Bank Nat Ass
Priority to AU61174/00A priority Critical patent/AU6117400A/en
Priority to CA002378939A priority patent/CA2378939A1/en
Publication of WO2001009850A1 publication Critical patent/WO2001009850A1/en
Publication of WO2001009850A8 publication Critical patent/WO2001009850A8/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/02—Payment architectures, schemes or protocols involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G06Q20/102—Bill distribution or payments
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A system and method for processing financial payments is provided in which there is at least one user terminal, at least one account processor, and a processing server. The processing server receives financial transaction data from at least one user terminal and communicates with at least one account processor, the financial transaction data comprising an amount and an account number. The processing server determines which of the account processors corresponds to the financial transaction data and transmits at least part of the financial transaction data to the determined account processor. The user terminal requires no special software other than standard web browser software. The server can update an account processor and a general ledger.
PCT/US2000/020026 1999-08-02 2000-07-21 Network based financial transaction processing system WO2001009850A1 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
AU61174/00A AU6117400A (en) 1999-08-02 2000-07-21 Network based financial transaction processing system
CA002378939A CA2378939A1 (en) 1999-08-02 2000-07-21 Network based financial transaction processing system

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US09/366,135 US7389256B1 (en) 1999-08-02 1999-08-02 Network based financial transaction processing system
US09/366,135 1999-08-02

Publications (2)

Publication Number Publication Date
WO2001009850A1 WO2001009850A1 (en) 2001-02-08
WO2001009850A8 true WO2001009850A8 (en) 2001-09-07

Family

ID=23441806

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2000/020026 WO2001009850A1 (en) 1999-08-02 2000-07-21 Network based financial transaction processing system

Country Status (4)

Country Link
US (1) US7389256B1 (en)
AU (1) AU6117400A (en)
CA (1) CA2378939A1 (en)
WO (1) WO2001009850A1 (en)

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US8820633B2 (en) 1999-11-05 2014-09-02 Lead Core Fund, L.L.C. Methods for a third party biller to receive an allocated payment authorization request
US8851369B2 (en) 1999-11-05 2014-10-07 Lead Core Fund, L.L.C. Systems and methods for transaction processing using a smartcard
US20090271278A1 (en) * 1999-11-05 2009-10-29 American Express Travel Related Services Company, Inc. Systems and methods for routing a transaction request to a payment system via a transaction device
US8195565B2 (en) 1999-11-05 2012-06-05 Lead Core Fund, L.L.C. Systems and methods for point of interaction based policy routing of transactions
US8190514B2 (en) 1999-11-05 2012-05-29 Lead Core Fund, L.L.C. Systems and methods for transaction processing based upon an overdraft scenario
US8794509B2 (en) 1999-11-05 2014-08-05 Lead Core Fund, L.L.C. Systems and methods for processing a payment authorization request over disparate payment networks
US8180706B2 (en) 1999-11-05 2012-05-15 Lead Core Fund, L.L.C. Systems and methods for maximizing a rewards accumulation strategy during transaction processing
US8073772B2 (en) 1999-11-05 2011-12-06 American Express Travel Related Services Company, Inc. Systems and methods for processing transactions using multiple budgets
US8875990B2 (en) 1999-11-05 2014-11-04 Lead Core Fund, L.L.C. Systems and methods for allocating a payment authorization request to a payment processor
US8814039B2 (en) 1999-11-05 2014-08-26 Lead Core Fund, L.L.C. Methods for processing a payment authorization request utilizing a network of point of sale devices
US7174318B2 (en) * 2000-03-28 2007-02-06 Richard Adelson Method and system for an online-like account processing and management
WO2002099598A2 (en) 2001-06-07 2002-12-12 First Usa Bank, N.A. System and method for rapid updating of credit information
US7266839B2 (en) 2001-07-12 2007-09-04 J P Morgan Chase Bank System and method for providing discriminated content to network users
GB2381089A (en) 2001-10-15 2003-04-23 Chequepoint Franchise Corp A computerized money transfer system and method
US7987501B2 (en) 2001-12-04 2011-07-26 Jpmorgan Chase Bank, N.A. System and method for single session sign-on
US20040128240A1 (en) * 2002-10-07 2004-07-01 Yusin Wendy E. Method and system for managing financial transactions
US8301493B2 (en) 2002-11-05 2012-10-30 Jpmorgan Chase Bank, N.A. System and method for providing incentives to consumers to share information
US7908215B2 (en) 2003-06-30 2011-03-15 American Express Travel Related Services Company, Inc. System and method for selection of payment systems from a payment system directory to process a transaction
US8666855B2 (en) * 2003-06-30 2014-03-04 Plati Networking, Llc System and method for a payment system directory
US8700523B2 (en) * 2005-06-10 2014-04-15 American Express Travel Related Services Company, Inc. System and method for delegating management of a financial transaction account to a designated assistant
US7904386B2 (en) * 2005-09-30 2011-03-08 American Express Travel Related Services Company, Inc. System, method, and computer program product for saving and investing through use of transaction cards
US20070185856A1 (en) * 2006-01-23 2007-08-09 American Express Travel Related Services Company, Inc. System and method for managing attestations
US7726560B2 (en) * 2006-01-23 2010-06-01 American Express Travel Related Services Company, Inc. System and method for managing information of accounts
US7680737B2 (en) * 2006-07-06 2010-03-16 Moneygram International, Inc. Systems and methods for processing payments with payment review features
US8051034B2 (en) * 2007-06-15 2011-11-01 Sap Ag Parallel processing of assigned table partitions
US8542949B1 (en) * 2008-08-07 2013-09-24 Bank Of America Corporation TIFF validation
CN102262803A (en) * 2011-06-13 2011-11-30 中国建设银行股份有限公司 Automatic signing method and device of bank financing products
US9087071B2 (en) * 2011-08-03 2015-07-21 Amazon Technologies, Inc. Gathering transaction data associated with locally stored data files
US10402795B2 (en) 2012-01-05 2019-09-03 Moneygram International, Inc. Prefunding for money transfer send transactions
US20140188675A1 (en) * 2012-12-31 2014-07-03 Credit Suisse Securities (Usa) Llc Expense Calculation and Business Reporting Apparatuses, Methods, and Systems
US10755245B2 (en) 2013-02-25 2020-08-25 Moneygram International, Inc. Money transfer system having location based language and dynamic receipt capabilities
US10192204B2 (en) * 2013-08-01 2019-01-29 Moneygram International, Inc. System and method for staging money transfers between users having profiles
US11301219B2 (en) * 2015-05-22 2022-04-12 Paypal, Inc. Hosted sensitive data form fields for compliance with security standards
CN105511915A (en) * 2015-12-01 2016-04-20 小米科技有限责任公司 Information processing method and device
US11449497B1 (en) 2016-10-21 2022-09-20 Jpmorgan Chase Bank, N.A. Method and system for implementing dynamic stored procedures
US10372762B1 (en) 2018-06-11 2019-08-06 Capital One Services, Llc Systems and methods for improved transactional mainframes
CN109102395A (en) * 2018-08-16 2018-12-28 中国建设银行股份有限公司 The signing system and method for bank product
US10884983B2 (en) * 2018-10-25 2021-01-05 Jpmorgan Chase Bank, N.A. Method and system for implementing header and trailer record validations
US11470143B2 (en) * 2020-01-23 2022-10-11 The Toronto-Dominion Bank Systems and methods for real-time transfer failure detection and notification
CN117149797B (en) * 2023-10-27 2024-01-19 杭银消费金融股份有限公司 Accounting method and system based on multidimensional data monitoring

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Also Published As

Publication number Publication date
AU6117400A (en) 2001-02-19
WO2001009850A1 (en) 2001-02-08
US7389256B1 (en) 2008-06-17
CA2378939A1 (en) 2001-02-08

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