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:
Sep. 03, 2013
Filed:
Dec. 05, 2003
Penny L. Gerstner, Gastonia, NC (US);
Carrie L. Heise, Charlotte, NC (US);
Marilyn C. Kane, Sanibel, FL (US);
Stephen M. Kaufmann, Matthews, NC (US);
Christopher G. Keller, Ballwin, MO (US);
Kelly Kruse, Charlotte, NC (US);
Gerard H. Poll, Davidson, NC (US);
Catherine S. Pullen, Mount Holly, NC (US);
Faith A. Tucker, Wichita, KS (US);
Richard G. Tucker, Jr., Charlotte, NC (US);
Vickie M. Van Meir, Charlotte, NC (US);
Deborah M. Winick, Dallas, TX (US);
Penny L. Gerstner, Gastonia, NC (US);
Carrie L. Heise, Charlotte, NC (US);
Marilyn C. Kane, Sanibel, FL (US);
Stephen M. Kaufmann, Matthews, NC (US);
Christopher G. Keller, Ballwin, MO (US);
Kelly Kruse, Charlotte, NC (US);
Gerard H. Poll, Davidson, NC (US);
Catherine S. Pullen, Mount Holly, NC (US);
Faith A. Tucker, Wichita, KS (US);
Richard G. Tucker, Jr., Charlotte, NC (US);
Vickie M. Van Meir, Charlotte, NC (US);
Deborah M. Winick, Dallas, TX (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
System and method for authorizing third-party transactions for an account at a financial institution on behalf of the account holder. A financial institution can collect process, transmit and confirm authorizations to third parties for electronic payments and direct deposits on behalf of its account-holder customer. In at least some embodiments, a method of processing account-holder requests to authorize third-party transactions for an account includes the establishment of a pre-existing list of prospective third-party participants such as employers and billers. The financial institution receives account-holder requests to authorize third-party transactions. Specific requests from among the account-holder requests are matched to third-party participants and forwarded and can be confirmed. The system of the invention can include various engines and data repositories that work together to provide the means for implementing embodiments of the invention.