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.
Patent No.:
Date of Patent:
Apr. 24, 2012
Filed:
May. 23, 2008
Eric Dryer, Charlotte, NC (US);
George Miller Abernethy, Charlotte, NC (US);
Ronald Hollander, Walnut Creek, CA (US);
Lowell Robert Huff, Manchester, MO (US);
Sean Kang, McKinney, TX (US);
Clarence E. Lee, Mansfield, TX (US);
Eric Scott Sandoz, Concord, CA (US);
Jeffrey Robert Woodside, Huntersville, NC (US);
Eric Dryer, Charlotte, NC (US);
George Miller Abernethy, Charlotte, NC (US);
Ronald Hollander, Walnut Creek, CA (US);
Lowell Robert Huff, Manchester, MO (US);
Sean Kang, McKinney, TX (US);
Clarence E. Lee, Mansfield, TX (US);
Eric Scott Sandoz, Concord, CA (US);
Jeffrey Robert Woodside, Huntersville, NC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
The present invention provides systems, methods, and computer program products for performing validation and clearance at a transaction item level for transaction received in a batch format. Each transaction of the batch is stored separately in a storage system, such as a logical database. Typically, image data and electronic data for a transaction are stored separately in the storage system and may be linked to each other. Each transaction is separately accessible and/or updateable. Each transaction stored in the storage system is separately analyzed to validate that the transaction is at least balanced. Transactions that determined to be balanced are cleared irrespective of a balance status associated with other transactions associated with the batch of transactions, such that transactions are individually cleared as opposed to being cleared in a batch format.