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. 01, 2014
Filed:
Dec. 08, 2009
Andreas Guenther, Concord, CA (US);
Ryno Blignaut, San Francisco, CA (US);
Darryl Weatherspoon, Oakland, CA (US);
Andreas Guenther, Concord, CA (US);
Ryno Blignaut, San Francisco, CA (US);
Darryl Weatherspoon, Oakland, CA (US);
Xoom Corporation, San Francisco, CA (US);
Abstract
In an embodiment, a method comprises initiating a plurality of electronic funds transfer transactions using an automated clearing house (ACH) operator, wherein each of the transactions is associated with one of a plurality of financial institution routing numbers; receiving a negative return code for a particular transaction that is associated with a particular financial institution routing number; in response to receiving the negative return code for the particular transaction and the particular financial institution routing number, and without waiting for an end of a waiting time period specified in one or more financial regulations: marking, as accepted, all other transactions in the plurality that are associated with the same particular financial institution routing number; releasing the marked transactions.