US Patent Application No: 2003/0208,438

Number of patents in Portfolio can not be more than 2000

System and method for extracting value for consumers and institutions from depth of relationships

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Abstract

To this end, in one embodiment of the present invention, a consumer financial transaction system is provided by a lending institution enabling a consumer to make transactions via a transaction device. The system is comprised of a database storage device for maintaining several databases which are configured to store information corresponding to accounts held by each of the consumers. A server is also provided which maintains a compute interest qualify module configured to calculate a credit interest rate corresponding to number of accounts maintained by the consumer. Additionally, the server is provided which maintaining a compute interest pledge module configured to calculate a credit interest rate corresponding to the number of accounts maintained by the consumer pledged by thc consumer as security against the consumer's credit account. The server can also be configured to adjust the consumers credit limit in an amount corresponding to the number of accounts maintained by each consumer pledged by the consumer as security against the consumer's credit account. In another embodiment of the present invention, the system comprises a database storage device for maintaining several databases configured to store information corresponding to accounts held by each of said consumers. A server is also provided which maintains a secondary transaction module configured to apportion a withdrawal for a transaction between a consumer's credit account and any one of the consumer's deposit accounts.

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First Claim

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Patent Owner(s)

  • Assignment data not available. Check USPTO

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Rothman, Michael Gig Harbor, WA 25 133

Patent Citation Ranking

Forward Cites

Patent Info (Count) # Cites Year
 
ISLAND INTELLECTUAL PROPERTY LLC (25)
RE43246 Money fund bank system 6 2004
8,150,766 System and method for investing public deposits 1 2006
7,752,107 System and method for managing aggregated accounts 26 2007
8,380,621 Systems, methods and program products for swap processing for uninsured accounts 0 2008
7,668,772 Systems and methods for money fund banking with flexible interest allocation 29 2008
8,032,456 System, methods and program products for processing for a self clearing broker dealer 19 2008
8,355,985 Systems and methods for providing enhanced account management services for multiple banks 0 2009
8,290,859 Systems and methods for providing enhanced account management services for multiple banks 0 2009
8,290,860 Systems and methods for providing enhanced account management services for multiple banks 0 2009
7,933,821 Systems and methods for administering return sweep accounts 24 2009
8,401,962 Systems and methods for providing enhanced account management services for multiple banks 0 2009
8,290,861 Systems and methods for providing enhanced account management services for multiple banks 0 2009
8,386,383 Money fund banking system with multiple banks and/or rates 0 2009
8,019,667 Systems and methods for money fund banking with flexible interest allocation 18 2010
8,019,668 System and method for allocation to obtain zero activity in a selected aggregated account with holdback 18 2010
8,311,939 Method and system for allocating deposits over a plurality of depository institutions 0 2010
8,352,342 Method and system for determining fees for deposits allocated over a plurality of deposit institutions 0 2010
7,996,308 System and method for managing aggregated accounts 18 2010
8,370,236 Method and system for allocating funds over a plurality of time deposit instruments in depository institutions 0 2010
8,260,705 Systems, methods and program products for deposit and withdrawal processing 0 2010
8,311,916 Systems and methods for administering return sweep accounts 0 2011
8,260,697 Systems and methods for money fund banking with flexible interest allocation 0 2011
8,239,321 System and method for allocation to obtain zero activity in one or more selected aggregated deposit accounts 0 2011
8,359,267 System and method for investing public deposits 0 2011
8,386,382 System and method for allocation to obtain zero activity in one or more selected aggregated deposit accounts 0 2012
 
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. (2)
7,996,324 Systems and methods for managing multiple accounts on a RF transaction device using secondary identification indicia 0 2004
8,423,475 Systems and methods for managing multiple accounts on a RF transaction device using secondary identification indicia 0 2011
 
COMPUCREDIT INTELLECTUAL PROPERTY HOLDINGS CORP. II (1)
7,933,833 Method and system for rapid loan approval 27 2006
 
YAMAGISHI, JUNICHI (1)
7,344,443 Game system using tokens 1 2002
 
OTHER [CHECK PATENT PROFILE FOR ASSIGNMENT INFORMATION] (2)
RE42820 Bank deposit method 0 2009
RE43888 Bank deposit method 0 2011