Device, system, method and computer program product for processing electronic transaction requests
US11080690B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 14, 2015 |
| Grant date | Aug 3, 2021 |
| Priority date | — |
| Expiry date | Oct 17, 2035 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/3827
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention provides a device for processing electronic transaction request messages from financial institutions, each transaction request message instructing payment of funds from one financial account in a first financial institution to another financial account in a second financial institution, the device comprising: a plurality of switches located at a location, each switch being operable to receive a transaction request message from a financial institution; and a clustered database connected to the plurality of switches, the clustered database comprising a plurality of synchronised databases, wherein the clustered database is con figured to generate a transaction summary record on the basis of the received transaction request message that allows settlement of the funds between the financial accounts defined by the received transaction request message.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.