COMPUTER-BASED FUND TRANSMITTAL SYSTEM AND METHOD

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20080167989A1
SERIAL NO

11927878

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A fund transmittal system includes a first agent portal module for receiving funds from a first entity to initiate a first fund transaction. The system includes a transaction network and a transaction processor. The first agent portal module routes the first fund transaction to the transaction processor via the transaction network. The transaction processor supplies an authorization code associated with the first fund transaction to the first entity. The first entity provides the authorization code to a second entity. The system includes a second agent portal module that receives the authorization code from the second entity to initiate a second fund transaction. The second agent portal module routes the authorization code to the transaction processor via the transaction network. The transaction processor approves the second fund transaction in accordance with the authorization code. Upon approval, the second agent portal module supplies the funds to the second entity.

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Patent Owner(s)

Patent OwnerAddress
METABANK5501 S BROADBAND LANE SIOUX FALLS SD 57108

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Conlin, Mick Sioux Falls, SD 2 10
Galit, Scott New York, NY 19 494
Hanson, Bradley C Harrisburg, SD 5 44

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