System and method for providing configuration and settlement processing of financial transactions using a hierarchy node model

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United States of America Patent

PATENT NO 8155975
SERIAL NO

11267207

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Abstract

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Client systems use a scanner to convert a paper form of a document to a digital representation and then send the digital representation over a network to a host system for storage. The host system archives the digital representation and determines the appropriate processing stream for a transaction related to the paper document, via a decisioning engine, based on a set of predefined stream selection rules. The host system then communicates the transaction to a back end transaction destination, according to the selected processing stream, using a hierarchy for coordinating the configuration of the host and client systems as well as coordinating the settlement process for the digital representations.

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Patent Owner(s)

Patent OwnerAddress
RESEARCH DEVELOPMENT & MANUFACTURING CORPORATION4-608 WEBER STREET NORTH WATERLOO ONTARIO N2V 1K4

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Heit, Graham Waterloo, CA 19 574

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