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:
Dec. 10, 2013
Filed:
Apr. 30, 2009
Mark D. Zanzot, Huntersville, NC (US);
Garrett C. Briggs, Seattle, WA (US);
Eric Dryer, Charlotte, NC (US);
Anthony B. Calderone, Matthews, NC (US);
William Earl Thomas, Ii, Charlotte, NC (US);
Philip Tobin, Huntersville, NC (US);
David Todd Frew, Fort Mill, SC (US);
Kerry Cantley, Fort Mill, SC (US);
Mark D. Zanzot, Huntersville, NC (US);
Garrett C. Briggs, Seattle, WA (US);
Eric Dryer, Charlotte, NC (US);
Anthony B. Calderone, Matthews, NC (US);
William Earl Thomas, II, Charlotte, NC (US);
Philip Tobin, Huntersville, NC (US);
David Todd Frew, Fort Mill, SC (US);
Kerry Cantley, Fort Mill, SC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Systems, methods, and computer program products are provided for conducting comprehensive payment processing of all payment requests regardless of the payment request channel. Payment requests are transformed from the initial format to a standardized format, which allows for the occurrence of further comprehensive payment processing, referred to herein as payment hub processing. Once the payment request has undergone necessary payment hub processing, the request undergoes further transformation/conversion from the standardized format to a target clearing format. In one embodiment of the invention, the processing hub provides for determining the clearing or remittance channel based on payment routing rules, which may take into account cost, time, risk and any other payment factors.