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:
Feb. 11, 2014
Filed:
Apr. 16, 2008
Ronald Padalino, Westlake Village, CA (US);
Nigel Pinnell, Santa Monica, CA (US);
Philip C. Shinn, Los Angeles, CA (US);
Wigberto Yu, Los Angeles, CA (US);
Ronald Padalino, Westlake Village, CA (US);
Nigel Pinnell, Santa Monica, CA (US);
Philip C. Shinn, Los Angeles, CA (US);
Wigberto Yu, Los Angeles, CA (US);
Citicorp Development Center, Inc., Blue Ash, OH (US);
Abstract
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.