Methods and systems for facilitating investment transactions and accounting for banks and credit unions

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20030144942A1
SERIAL NO

10354349

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Abstract

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A method for completing an investment transaction utilizing a clearing broker network and an electronic funds transfer service gateway is described. The method comprises formatting the investment transaction into at least one of an ISO-8583 message, an XML message, a National Automated Clearing House Association (NACHA) message, and a proprietary message. The method also includes forwarding the message to a switch that accesses the electronic funds transfer service gateway, utilizing the message content to post the investment transaction to an investment services account of a consumer, transmitting an acknowledgement of the posting to the switch, and forwarding the acknowledgement to the clearing broker network.

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Patent Owner(s)

Patent OwnerAddress
STORE FINANCIAL SERVICES LLC13209 FONTANA LEAWOOD KS 66209

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Sobek, Michael F Leawood, KS 5 498

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