US Patent No: 8,015,084 - Analytics, PDF, Full Text and PAIR Access

Number of patents in Portfolio can not be more than 2000

System and method for linked account having sweep feature

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

Loading Importance Indicators... loading....

Abstract

See full text

A linked account instrument is used to access funds in an existing demand deposit account held at a financial institution. Merchant or other transactions are first processed against a demand deposit account via an electronic authorization network. If the demand deposit account does not have sufficient funds, the transactions may be processed as a credit charge against a designated credit account. The demand deposit account may subsequently be swept at predetermined times in search of funds to defray the overdraft. If adequate funds are present, they will be withdrawn from the demand deposit account, and the credit account will be cleared. Otherwise, the instrument holder's daily purchasing abilities may be temporarily suspended until the credit account is settled. The processing of overdraft amounts may be on a FIFO, smallest-first or other basis.

Loading the Abstract Image... loading....

First Claim

See full text

all claims..

Related Publications

Loading Related Publications... loading....

Patent Owner(s)

Patent OwnerAddressTotal Patents
JPMORGAN CHASE BANK, N.A.NEW YORK, NY2401

International Classification(s)

  • [Classification Symbol]
  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Fox, Steven J Parkton, MD 6 13
Hirka, Jeffrey L Wilmington, DE 25 251

Cited Art Landscape

Patent Info (Count) # Cites Year
 
VISA INTERNATIONAL SERVICE ASSOCIATION (9)
4,766,293 Portable financial transaction card capable of authorizing a transaction in foreign currencies 308 1986
4,812,628 Transaction system with off-line risk assessment 374 1987
4,906,826 Usage promotion method for payment card transaction system 137 1988
5,175,416 Funds transfer system 365 1991
5,477,038 Method and apparatus for distributing currency 424 1993
5,465,206 Electronic bill pay system 744 1993
5,703,344 Electronic funds confirmation at point of transaction 314 1995
5,621,201 Automated purchasing control system 395 1996
5,920,847 Electronic bill pay system 672 1996
 
HOME ACCOUNT NETWORK, INC. (8)
4,953,085 System for the operation of a financial account 473 1987
5,911,135 System for managing financial accounts by a priority allocation of funds among accounts 286 1991
5,864,828 Personal financial management system for creation of a client portfolio of investment and credit facilities where funds are distributed based on a preferred allocation 239 1991
5,884,285 System for managing financial accounts by reallocating funds among accounts 281 1992
5,852,811 Method for managing financial accounts by a preferred allocation of funds among accounts 511 1994
5,644,727 System for the operation and management of one or more financial accounts through the use of a digital communication and computation system for exchange, investment and borrowing 585 1994
5,911,136 System for prioritized operation of a personal financial account comprising liabilities and investment assets 292 1997
5,875,437 System for the operation and management of one or more financial accounts through the use of a digital communication and computation system for exchange, investment and borrowing 593 1997
 
NCR CORPORATION (5)
4,617,457 Teller-assisted, customer-operated ATM document cashing system 244 1983
4,634,845 Portable personal terminal for use in a system for handling transactions 285 1984
5,770,843 Access card for multiple accounts 322 1996
5,835,603 Financial transaction system 146 1996
5,751,842 Document transaction apparatus 215 1996
 
INTER*ACT SYSTEMS, INCORPORATED (4)
5,237,620 Check reader method and system for reading check MICR code 218 1992
5,448,471 Check transaction processing, database building and marketing method and system utilizing automatic check reading 327 1994
5,430,644 Check transaction processing, database building and marketing method and system utilizing automatic check reading 261 1994
5,659,469 Check transaction processing, database building and marketing method and system utilizing automatic check reading 283 1995
 
JPMORGAN CHASE BANK, N.A. (4)
5,424,938 Method and apparatus for providing access to a plurality of payment networks 258 1992
5,940,844 Method and apparatus for displaying electronic image of a check 241 1995
6,006,208 MICR line decoding logic system 84 1998
7,392,224 System and method of operating a debit card reward program 87 1999
 
LUCENT TECHNOLOGIES INC. (4)
5,544,246 Smartcard adapted for a plurality of service providers and for remote installation of same 384 1993
5,608,785 Method and apparatus for telephone prize opportunities 150 1993
5,649,118 Smart card with multiple charge accounts and product item tables designating the account to debit 475 1994
5,857,079 Smart card for automatic financial records 305 1994
 
ONTARIO SYSTEMS, LLC (4)
5,504,677 Automated payment system 287 1992
5,727,249 Automated payment system and method 233 1996
5,966,698 Automated payment system and method 199 1996
6,041,315 Automated payment system and method 216 1997
 
AT&T CORP. (3)
5,373,550 Transmission of check images by way of a public switched telephone network 265 1992
5,675,607 Method and apparatus for facilitating the making of card calls 111 1995
5,864,609 Method for establishing customized billing arrangements for a calling card in a telecommunications network 177 1995
 
AT&T IPM CORP. (3)
5,479,494 Virtual calling card system 259 1992
5,450,477 Monitoring of charges debited to an account having an assigned limit 151 1993
5,708,422 Transaction authorization and alert system 438 1995
 
BMC RESOURCES, INC. (3)
5,652,786 Automated interactive bill payment system 264 1996
5,715,298 Automated interactive bill payment system using debit cards 205 1997
5,870,456 Automated interactive bill payment system using debit cards 226 1997
 
CITIBANK, N.A. (3)
5,710,889 Interface device for electronically integrating global financial services 655 1995
5,659,165 Customer-directed, automated process for transferring funds between accounts via a communications network 310 1995
6,226,623 Global financial services integration system and process 385 1998
 
Call Processing, Inc. (2)
5,511,114 Telephone pre-paid calling card system and method 314 1994
5,721,768 Pre-paid card system and method 307 1996
 
DECISIONING.COM, INC. (2)
5,870,721 System and method for real time loan approval 637 1996
5,940,811 Closed loop financial transaction method and apparatus 498 1996
 
FUJITSU LIMITED (2)
5,321,238 Banking apparatus for processing the bill and the check 181 1991
6,003,762 Transaction terminal for an electronic cashless system 246 1994
 
HITACHI, LTD. (2)
4,988,849 Financial transaction system 161 1988
6,016,954 Card holder-type balance reader 126 1997
 
INTERNATIONAL BUSINESS MACHINES CORPORATION (2)
5,506,691 Method and apparatus for image processing at remote sites 197 1994
5,444,841 Graphical user interface control for replicating data fields in forms 102 1994
 
MASTERCARD INTERNATIONAL INCORPORATED (2)
5,692,132 System and method for conducting cashless transactions on a computer network 517 1995
5,699,528 System and method for bill delivery and payment over a communications network 978 1995
 
MICROSOFT CORPORATION (2)
5,852,812 Billing system for a network 532 1995
5,883,810 Electronic online commerce card with transactionproxy number for online transactions 641 1997
 
OTOMO SOLUTIONS LLC (2)
5,765,141 Computerized merchandising system 284 1995
5,870,718 Computer-printer terminal for producing composite greeting and gift certificate card 266 1996
 
SCIENCE DYNAMICS CORPORATION (2)
4,797,913 Direct telephone dial ordering service 200 1987
5,023,904 Direct telephone dial ordering service 210 1989
 
SHORE DEARY, L.L.P. (2)
5,910,988 Remote image capture with centralized processing and storage 397 1997
6,032,137 Remote image capture with centralized processing and storage 328 1998
 
SMART CARD, LLC (2)
5,530,232 Multi-application data card 462 1993
5,578,808 Data card that can be used for transactions involving separate card issuers 494 1995
 
SOVERAIN SOFTWARE LLC (2)
5,715,314 Network sales system 1173 1994
5,724,424 Digital active advertising 978 1995
 
TELECHECK INTERNATIONAL, INC. (2)
5,679,938 Methods and systems for interactive check authorizations 282 1994
5,679,940 Transaction system with on/off line risk assessment 335 1995
 
THE WESTERN UNION COMPANY (2)
5,326,960 Currency transfer system and method 211 1992
5,350,906 Currency transfer system and method using fixed limit cards 460 1992
 
TILLICOMB INTERNATIONAL LDC (2)
5,367,581 Magnetic reader with read head biased against document by resilient deflection of circuit board 96 1993
5,479,532 Apparatus for reading magnetic information from a document having a read head mounted on a circuit board portion permitting resilient deflection 34 1993
 
WALKER DIGITAL, LLC (2)
6,338,049 User-generated traveler's checks 89 1997
5,945,653 System and method for establishing and executing functions to affect credit card accounts and transactions 292 1997
 
WANG SOFTWARE N.Y., INC. (2)
5,446,740 Method of and apparatus for processing data at a remote workstation 167 1993
5,568,489 Method and apparatus for processing data received at a remote workstation 170 1995
 
WELLS FARGO BANK, NATIONAL ASSOCIATION (2)
5,870,725 High volume financial image media creation and display system and method 272 1995
6,105,011 Security system and method for business transactions with customers 186 1998
 
ACCENTURE GLOBAL SERVICES LIMITED (1)
5,592,378 Computerized order entry system and method 388 1994
 
AFFILIATED COMPUTER SERVICES, INC. (1)
6,038,553 Self service method of and system for cashing checks 242 1997
 
AMAZON.COM, INC. (1)
5,715,399 Secure method and system for communicating a list of credit card numbers over a non-secure network 535 1995
 
ASPECT SOFTWARE, INC. (1)
5,640,577 Data processing system with automated at least partial forms completion 312 1995
 
AT&T Bell Laboratories (1)
5,311,594 Fraud protection for card transactions 314 1993
 
AT&T INTELLECTUAL PROPERTY I, L.P. (1)
5,794,221 Internet billing method 351 1995
 
ATC REALTY FIFTEEN, INC. (1)
6,149,056 Automatic check cashing using biometric identification verification 225 1997
 
BLOCK FINANCIAL LLC (1)
6,014,645 Real-time financial card application system 410 1996
 
BURROUGHS PAYMENT SYSTEMS, INC. (1)
5,225,978 Document processing system having integrated expert module 148 1989
 
C-SAM, INC. (1)
5,590,038 Universal electronic transaction card including receipt storage and system and methods of conducting electronic transactions 664 1994
 
Capital Security Systems, Inc. (1)
5,897,625 Automated document cashing system 334 1997
 
Capitol Cities/ABC, Inc. (1)
5,396,417 Product distribution equipment and method 168 1991
 
CARDIS ENTERPRISE INTERNATIONAL N.V. (1)
6,065,675 Processing system and method for a heterogeneous electronic cash environment 286 1998
 
CARDTRONICS, INC. (1)
5,287,269 Apparatus and method for accessing events, areas and activities 383 1990
 
CARREKER CORPORATION (1)
5,237,159 Electronic check presentment system 298 1991
 
CASH BOX, INC. (1)
5,592,377 Check cashing system 218 1995
 
CATALINA MARKETING CORPORATION (1)
5,710,886 Electric couponing method and apparatus 514 1995
 
CHASE MANHATTAN BANK, THE (1)
6,038,552 Method and apparatus to process combined credit and debit card transactions 208 1997
 
CHECKFREE CORPORATION (1)
5,873,072 System and method for electronically providing customer services including payment of bills, financial analysis and loans 321 1995
 
CONEXANT SYSTEMS UK LIMITED (1)
6,111,858 Proxy-controlled ATM subnetwork 166 1997
 
CONNOTECH Experts-conseils, inc. (1)
5,590,196 Secure payment method using facsimile 245 1994
 
CONTENTGUARD HOLDINGS, INC. (1)
5,530,235 Interactive contents revealing storage device 457 1995
 
COUPCO, INC. (1)
RE34915 Paperless system for distributing, redeeming and clearing merchandise coupons 316 1991
 
CRONOS TECHNOLOGIES, LLC (1)
5,664,110 Remote ordering system 538 1994
 
CURSYS, INC. (NOW CURRENCY SCIENTIFIC INC.) (1)
5,420,405 Secure, automated transaction system that supports an electronic currency operating in mixed debit & credit modes 286 1993
 
DATATREASURY CORPORATION (1)
5,930,778 System for expediting the clearing of financial instruments and coordinating the same with invoice processing at the point of receipt 249 1996
 
DCCP, INC. (1)
5,424,524 Personal scanner/computer for displaying shopping lists and scanning barcodes to aid shoppers 431 1993
 
DOWLEN, JOHN E. (1)
5,336,870 System for remote purchase payment transactions and remote bill payments 266 1992
 
E2INTERACTIVE, INC. D/B/A E2INTERACTIVE, INC. (1)
5,777,305 Package assembly and method for activating prepaid debit cards 273 1996
 
EBAY INC. (1)
5,832,460 Method and system for bill presentation and payment reconciliation 325 1995
 
ECOVA, INC. (1)
5,943,656 Methods and systems for computerized bill consolidating, billing and payment authorization, computerized utility bill consolidating, utility billing access and payment and utility provider consolidated billing systems 270 1997
 
Electronic Consumer Concepts, L.L.C. (1)
5,845,259 Electronic coupon dispensing system 395 1996
 
ENVOY LLC (1)
5,832,447 Automated system and method for providing real-time verification of health insurance eligibility 214 1994
 
EXECUTONE INTER-TELBUSINESS INFORMATION SYSTEMS, INC. (1)
5,793,861 Transaction processing system and method 260 1996
 
FIRST DATA CORPORATION (1)
4,321,672 Financial data processing system 678 1979
 
First Marketrust Intl. (1)
5,537,314 Referral recognition system for an incentive award program 712 1995
 
FLEETBOSTON FINANCIAL CORPORATION (1)
5,677,955 Electronic funds transfer instruments 960 1995
 
GE CAPITAL CORPORATION (1)
5,991,750 System and method for pre-authorization of individual account transactions 407 1997
 
GENESYS TELECOMMUNICATIONS LABORATORIES, INC. (1)
5,402,474 System, data processing method and program to provide a programmable interface between a workstation and an archive server to automatically store telephone transaction information 204 1994
 
GIFT CERTIFICATE CENTER, INC., THE (1)
5,500,514 Method and apparatus for generating gift certificates 177 1993
 
GOOGLE INC. (1)
5,513,250 Telephone based credit card protection 189 1994
 
HEWLETT-PACKARD COMPANY (1)
5,175,682 Check system and method including prioritizing checks for transmission to banks for processing 307 1990
 
HUNTINGTON NATIONAL BANK, THE (1)
5,583,759 Mechanism for expediting the deposit, transport and submission of checks into the payment system 186 1995
 
INTUIT INC. (1)
5,903,881 Personal online banking with integrated online statement and checkbook user interface 485 1997
 
J.D. CARREKER & ASSOCIATES, INC. (1)
5,819,236 System and method for providing advance notification of potential presentment returns due to account restrictions 142 1995
 
JAL INFORMATION TECHNOLOGY CO., LTD. (1)
5,339,239 Information collecting and/or service furnishing systems by which a user can request information from a central data base using a portable personal terminal and an access terminal 268 1990
 
LEXISNEXIS RISK SOLUTIONS GA INC. (1)
5,832,464 System and method for efficiently processing payments via check and electronic funds transfer 196 1996
 
LIFE FITNESS A NY GENERAL PARTNERSHIP (1)
4,831,242 Control system for health club facilities and equipment 151 1985
 
M.A. Rivalto, Inc. (1)
5,482,139 Automated drive-up vending facility 232 1995
 
Martiz, Inc. (1)
5,689,100 Debit card system and method for implementing incentive award program 399 1996
 
Meridian Enterprises, Inc. (1)
5,025,372 System and method for administration of incentive award program through use of credit 600 1989
 
Midwest Payment Systems (1)
5,649,117 System and method for paying bills and other obligations including selective payor and payee controls 423 1994
 
Minerva, L.P. (1)
5,926,800 System and method for providing a line of credit secured by an assignment of a life insurance policy 264 1995
 
MITSUBISHI UFJ NICOS CO., LTD. (1)
5,777,306 Credit card system and method of using credit card with such credit card system 133 1996
 
MONEYFAX, INC. (1)
5,122,950 Method of and system for electronic funds transfer via facsimile machines 161 1989
 
MOORE NORTH AMERICA, INC. (1)
5,760,381 Prepaid card 221 1996
 
OLYMPUS OPTICAL CO., LTD. (1)
5,551,021 Image storing managing apparatus and method for retreiving and displaying merchandise and customer specific sales information 234 1994
 
Omron Tateisi Electronics Co. (1)
4,396,985 Electronic cash register system for food dispensing business 171 1981
 
PALM, INC. (1)
5,276,311 Method and device for simplifying the use of a plurality of credit cards, or the like 503 1992
 
PAYPAL, INC. (1)
5,826,241 Computerized system for making payments and authenticating transactions over the internet 775 1994
 
PRUDENTIAL SECURITIES CREDIT CORPORATION, LLC (1)
5,550,734 Computerized healthcare accounts receivable purchasing collections securitization and management system 370 1993
 
Resource Technology Services, Inc. (1)
5,484,988 Checkwriting point of sale system 268 1994
 
Sigma Computer Research Associates Inc. (1)
5,054,096 Method and apparatus for converting documents into electronic data for transaction processing 389 1988
 
SMALL VALUE PAYMENTS COMPANY L.L.C., THE (1)
5,412,190 Electronic check presentment system having a return item notification system incorporated therein 194 1993
 
SPENDINGMONEY, LLC (1)
5,864,830 Data processing method of configuring and monitoring a satellite spending card linked to a host credit card 358 1997
 
SQN (1)
5,444,794 Check image capture system 238 1993
 
STARGAZER SOFTWARE, LIMITED LIABILITY COMPANY (1)
5,483,445 Automated billing consolidation system and method 409 1993
 
STERLING GLOBAL SOLUTIONS, LLC D/B/A SPARKFLY (1)
5,727,153 Retail store having a system of receiving electronic coupon information from a portable card and sending the received coupon information to other portable cards 327 1995
 
Steven Nichtberger (1)
4,882,675 Paperless system for distributing, redeeming and clearing merchandise coupons 467 1984
 
STRATEGIC PROCESSING CORPORATION (1)
4,799,156 Interactive market management system 1667 1986
 
STRATTON, JOSEPH F. (1)
4,672,377 Check authorization system 234 1985
 
SUN MICROSYSTEMS, INC. (1)
5,884,288 Method and system for electronic bill payment 348 1996
 
SYBASE, INC. (1)
5,566,330 Method for forming a reusable and modifiable database interface object 247 1995
 
TGIP, INC. (1)
5,577,109 Pre-paid card system and method 465 1995
 
TOUCH TECHNOLOGIES, INC. (1)
5,544,086 Information consolidation within a transaction network 257 1994
 
Tradevest, Inc. (1)
4,750,119 Purchasing system with rebate feature 339 1986
 
TTI INVENTIONS C LLC (1)
5,283,829 System and method for paying bills electronically 455 1992
 
UNION BEACH LIMITED PARTNERSHIP (1)
5,521,363 System and method for tracking memory card transactions 171 1994
 
UNWIRED PLANET, LLC (1)
2001/0001,008 Transmitter/receiver for GMSK and Offset-QAM 9 2000
 
UPROMISE, INC. (1)
5,471,669 Coupon savings account system 226 1994
 
USA TECHNOLOGIES, INC. (1)
5,637,845 Credit and bank issued debit card operated system and method for controlling a prepaid card encoding/dispensing machine 266 1995
 
VALLEY NATIONAL BANK, PHOENIX, AZ A CORP. OF AZ (1)
5,198,975 Apparatus and method for processing of check batches in banking operations 107 1989
 
VERIZON PATENT AND LICENSING INC. (1)
5,621,787 Prepaid cash card 285 1995
 
VICTOR COMPANY OF JAPAN, LTD. (1)
5,930,217 Optical information recording/reproducing system, optical information storage medium, and manufacturing method thereof 107 1998
 
Voith Sulzer Papiermaschinen GmbH (1)
5,823,463 Wound roll support in a web winding machine 26 1997
 
Watson; Craig Michael (1)
5,978,780 Integrated bill consolidation, payment aggregation, and settlement system 331 1997
 
Wynn; Sol H. (1)
5,859,419 Programmable multiple company credit card system 404 1995
 
Other [Check patent profile for assignment information] (18)
4,700,055 Multiple credit card system 316 1985
4,823,264 Electronic funds transfer system 552 1986
5,053,607 Point-of-sale device particularly adapted for processing checks 341 1989
5,111,395 Automated fund collection system including means to eliminate duplicate entries from a mailing list 131 1989
5,192,947 Credit card pager apparatus 337 1990
5,117,355 Centralized consumer cash valve accumulation system for multiple merchants 409 1990
5,202,826 Centralized consumer cash value accumulation system for multiple merchants 512 1991
5,297,026 System for promoting account activity 301 1992
5,326,959 Automated customer initiated entry remittance processing system 369 1992
5,287,268 Centralized consumer cash value accumulation system for multiple merchants 472 1992
5,397,881 Third millenium credit card with magnetically onto it written multiple validity dates, from which is one single day as the credit card's validity day selected day after day by the legitimate card owner 157 1993
5,585,787 Programmable credit card 407 1994
5,544,040 System for management of common purchase operations for goods and services 174 1994
5,826,245 Providing verification information for a transaction 384 1995
5,787,404 Credit-card based retirement fund system and method 203 1995
5,802,498 Computer-aided prepaid transmittal charge billing system 174 1996
5,955,961 Programmable transaction card 350 1996
6,129,273 Method and apparatus for an automated, computer approved, check cashing system 131 1998

Patent Citation Ranking

Forward Cite Landscape

Patent Info (Count) # Cites Year
 
AMAZON TECHNOLOGIES, INC. (1)
8,655,786 Aggregate constraints for payment transactions 0 2007
 
JPMORGAN CHASE BANK USA, NA (1)
8,682,730 System and method for linked account having sweep feature 0 2011

Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
3.5 Year Payment $1600.00 $800.00 $400.00 Mar 6, 2015
7.5 Year Payment $3600.00 $1800.00 $900.00 Mar 6, 2019
11.5 Year Payment $7400.00 $3700.00 $1850.00 Mar 6, 2023
Fee Large entity fee small entity fee micro entity fee
Surcharge - 3.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 7.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00

Full Text

 
loading....