Financial system for isolated economic environment

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United States of America Patent

PATENT NO 8392301
SERIAL NO

12564286

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Abstract

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A system and method for conducting financial transactions in an isolated economic environment. The present invention includes a non-isolated financial account system based in a non-isolated environment which maintains accounts for users. A self-sufficient financial account system in the isolated economic environment maintains a representation of the account. The account in the non-isolated financial account system and the self-sufficient financial account system are synchronized using the asynchronous connection. When the asynchronous connection is not available, the self-sufficient financial account system funds the representation of the account in anticipation of a funding of the account in the non-isolated financial account system, such as a regular direct deposit of a payroll check.

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Patent Owner(s)

Patent OwnerAddress
JPMORGAN CHASE BANK N ANEW YORK NY

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Granite, Anthony New York, US 2 7
Lentz, Carol New York, US 2 7

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