Citicorp Development Center, Inc.

Citibank, N.a.

Citicorp Credit Services, Inc. (usa)

Transaction Technology Inc.

Nigel Pinnell

Philip C Shinn

Wigberto Yu

Ronald Padalino

Michael L Grandcolas

Michael H Thompson

John Downing

Horton W Jennings

Marion Maino

Neil Goodhand

Marjorie Profumo

Virendrakumar Shah

Khanh Do

Patrick Law

Lucilla Warren

Ashwin Doshi

Greg Johnson

A method and system for automated settlement and on-line debiting of a financial transaction, such as an emergency-cash transaction, is provided. A bank customer enters a foreign-branch bank and indicates a need for emergency cash. The customer is given a telephone by which the customer communicates with an interactive-voice response system in the customer's language. The system bridges the customer with the customer's home bank, which approves the requested emergency cash. A network in communication with the voice response system and with the issuer automatically initiates an on-line debiting of an account of the customer. The network also initiates and carries out settlement between the acquirer and the issuer by way of settlement accounts.

System and method for automated debiting and settling of financial transactions

A system and method for performing an on-line transaction, such as making a payment, with a single-use payment instrument makes use of computer hardware and software, such as the computing device of a customer, the customer's bank's home banking server, the bank's card authorization server, a vendor's website server, and the vendor's credit card acquirer, coupled to one another over a network. The customer is issued a single use payment instrument through the bank, the bank debits an account nominated by the customer for the requested value of the payment instrument and may also specify an expiry for the payment instrument. The customer is able to nominate a particular source of funds for each transaction from among various accounts of the customer. The payment instrument settles and clears through existing credit card payment mechanisms without a need for special accommodation with the Internet vendor.

System and method for performing an on-line transaction using a single-use payment instrument

A method and system for providing status indication to a control panel displayed on a user's computer screen at all times which allows the user to sign on and off independently of any specific secure function, and utilizes both graphics and text to clearly indicate the current status of a secure connection. Additionally, entitlements or privileges associated with the secure connection and a count down of the remaining period of time during which the status of the secure connection will be in effect, are also displayed. A user may extend the effective time of the secure connection, or cancel the secure session and unequivocally sign off from all related services with a single click of the button.

Method and system for providing status indication and control to a computer network user

Icon for a personal computer

Banking interface

A system and method for allowing funds to be transferred instantly to an account so that the funds are available to the beneficiary at the time they are sent, based on customer information which can be automatically accessed by the system, rather than needing to be manually entered. Further, the system automatically computes the appropriate exchange rate and any fees to be charged to the account and displays them to the user so that the user may authorize or cancel the transaction. They system also analyzes the parameters of the transfer to assure that the transfer conforms with pertinent government regulations. The system also enables the user to quantify the amount to be transferred in the currency of the originating account or the currency of the receiving account, thereby maximizing the flexibility of the system. The system further is designed so that it can be understood and accessed by individuals having no special expertise in computers, wire transfers and the like. Further, the system is provided with various safeguards to assure that only authorized individuals have access to the accounts and the funds and immediately verifies successful completion or failure to the customer.

Customer-directed, automated process for transferring funds between

A system and method for allowing funds to be transferred instantly to an account so that the funds are available to the beneficiary at the time they are sent, based on customer information which can be automatically accessed by the system, rather than needing to be manually entered. Further, the system automatically computes the appropriate exchange rate and any fees to be charged to the account and displays them to the user so that the user may authorize or cancel the transaction. The system also analyzes the parameters of the transfer to assure that the transfer conforms with pertinent government regulations. The system also enables the user to quantify the amount to be transferred in the currency of the originating account or the currency of the receiving account, thereby maximizing the flexibility of the system. The system further is designed so that it can be understood and accessed by individuals having no special expertise in computers, wire transfers and the like. Further, the system is provided with various safeguards to assure that only authorized individuals have access to the accounts and the funds and immediately verifies successful completion or failure to the customer.

Growing community of inventors

Santa Monica, CA, United States of America

Nigel Pinnell