Online remittance system with methodology for predicting disbursement times of online electronic funds transfers
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United States of America Patent
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Feb 20, 2018
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N/A
app pub date -
Feb 24, 2014
filing date -
Mar 25, 2013
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Abstract
An online remittance service system with a methodology for predicting disbursement times of online electronic funds transfers is disclosed. In one embodiment, for example, a method includes storing in computer memory a model of a disbursement process performed by one or more partners of the online remittance service for disbursing funds to payees in the destination country; based on the model, scheduling one or more computer-executable jobs with a job scheduling module representing one or more steps of the disbursement process; for each job of the one or more jobs, determining a next execution time for the job, the next execution time representing a time at which the job scheduling module will next execute the job after a specified time; and based on the next execution times for the one or more jobs, determining a predicted time of disbursement of the online electronic funds transfer.
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