The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Oct. 29, 2024

Filed:

May. 11, 2021
Applicant:

Jpmorgan Chase Bank, N.a., New York, NY (US);

Inventors:

Catherine D. Faulk, Mickleton, NJ (US);

Matthew C. Taylor, Powell, OH (US);

Christine Moy, New York, NY (US);

George Kassis, London, GB;

Tyrone Lobban, London, GB;

Assignee:

JPMORGAN CHASE BANK, N.A., New York, NY (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/36 (2012.01); G06Q 10/0835 (2023.01); G06Q 20/38 (2012.01); G06Q 20/40 (2012.01); G06Q 20/42 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3674 (2013.01); G06Q 10/0835 (2013.01); G06Q 20/3821 (2013.01); G06Q 20/389 (2013.01); G06Q 20/401 (2013.01); G06Q 20/42 (2013.01);
Abstract

According to another embodiment, a method for invoicing and payments in an integrated supplier network may include: (1) receiving, at a supplier interface for a payments computer program, an invoice from a supplier; (2) receiving, at a buyer interface for the payments computer program, a payment allocation for the invoice, wherein the payment allocation may be associated with a supplier attestation for the supplier; (3) transferring, by the payments computer program, funds for the payment allocation to a liquidity pool, wherein the funds are commingled with other funds in the liquidity pool; (4) receiving, at the supplier interface, the supplier attestation, and a request to withdraw at least a portion of the funds for the payment allocation; and (5) retrieving, by the payments computer program, the portion of the payment allocation to a supplier account with the integrated supplier network.


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