Patent
Method and system for remote delivery of retail banking services
Reads0
Chats0
TLDR
In this paper, a practical system and method for the remote distribution of financial services (e.g., home banking and bill-paying) involves distributing portable terminals to a user base.Abstract:
A practical system and method for the remote distribution of financial services (e.g., home banking and bill-paying) involves distributing portable terminals to a user base. The terminals include a multi-line display, keys “pointing to” lines on the display, and additional keys. Contact is established between the terminals and a central computer operated by a service provider, preferably over a dial-up telephone line and a packet data network. Information exchange between the central computer and the terminal solicits information from the terminal user related to requested financial services (e.g., for billpaying, the user provides payee selection and amount and his bank account PIN number). The central computer then transmits a message over a conventional ATM network debiting the user's bank account in real time, and may pay the specified payees the specified amount electronically or in other ways as appropriate. Payments and transfers may be scheduled in advance or on a periodic basis. Because the central computer interacts with the user's bank as a standard POS or ATM network node, no significant software changes are required at the banks' computers. The terminal interface is extremely user-friendly and incorporates some features of standard ATM user interfaces so as to reduce new user anxiety.read more
Citations
More filters
Patent
System for processing data using parameters associated with the data for auto-processing
TL;DR: In this article, a set of information associated with a check image using one or more disposition parameters to determine an automated disposition of the check associated with the check image is presented, based on at least applying the one or multiple disposition parameters.
References
More filters
Patent
Interactive market management system
Eyal Shavit,Lester Teichner +1 more
TL;DR: In this paper, the authors present a system for interactive on-line electronic communications and processing of business transactions between a plurality of different types of independent users including at least a plurality sellers, and a plurality buyers, as well as financial institutions, and freight service providers.
Patent
Automated securities trading system
TL;DR: In this article, the best obtaining bid and asked prices from a remote data base, covering the ensemble of institutions or others making a market for the relevant securities, are retrieved and the order is executed and appropriate parameters are updated.
Patent
System and method for electronically providing customer services including payment of bills, financial analysis and loans
TL;DR: In this paper, a computerized payment system by which a consumer may instruct a service provider by telephone, computer terminal, or other telecommunications means to pay various bills without the consumer having to write a check for each bill.
Patent
Reception system for an interactive computer network and method of operation
Robert Filepp,Michael L. Gordon,Alexander W. Bidwell,Francis C. Young,Allan M. Wolf,Sam Meo,Duane Tiemann,Robert D. Cohen,Mel Bellar,Kenneth H. Appleman,Lawrence Abrahams,Michael J. Silfen,Aldo R. Dalsass,James A. Galambos,Florence L. Wong +14 more
TL;DR: In this article, an interactive computer system network enables a user to display desired information such as news, financial and cultural information, and perform desired transactional services, such as banking and shopping, through any of a plurality of types of personal computers.
Patent
Financial data processing system
TL;DR: In this paper, the authors present methods and systems for affecting the accounting functions of debiting and crediting a bank's account records, a payer's bank account records and a corporation's accounts receivable records with their customers's payments.