Automatic check reordering

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8150771
SERIAL NO

12315247

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Various embodiments are directed to computer implemented methods of automatically reordering checks for an account utilizing checks. The methods may comprise determining a number of checks written on the account from a most recent check order. The number of checks written on the account from the most recent check order comprises a number of checks cleared on the account and a number of stop payment orders made on the account. The methods may also comprise determining a check usage rate, which may be proportional to a number of checks written on the account per unit time. The methods may additional comprise determining a time-to-exhaustion considering the number of checks written on the account and the check usage rate. Conditioned upon the time-to-exhaustion being below a predetermined threshold, an order of new checks directed to the customer may be initiated.

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Patent Owner(s)

Patent OwnerAddress
THE PNC FINANCIAL SERVICES GROUP INC300 FIFTH AVENUE THE TOWER AT PNC PLAZA PITTSBURGH PA 15222

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Baram, Andrew Pittsburgh, US 4 25

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