Electronic financial transaction system
US6856970B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Sep 26, 2000 |
| Grant date | Feb 15, 2005 |
| Priority date | — |
| Expiry date | Nov 4, 2022 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A financial transaction system consistent with the invention allows clients of a financial institution to use a web-based workstation to interface with a plurality of back office systems within one or more financial institutions. In an exemplary embodiment, a financial transaction system comprises a hub server, a plurality of financial institutions, at least one web server, and at least one database server. The hub server receives data in the form of a plurality of disparately formatted instructions and communicates the instructions to the financial institutions, which are connected to the hub server for receiving the data and have a plurality of differing reception formats to receive the reformatted data. Data is transmitted between the web server and at least one user via a network interface, and between the web server and the hub server. The web server stores data and at least one application in an application database. Data is transmitted between the database server, the hub server, and the web server, and is stored in a hub database. The hub server maps data received from the financial institutions and loads it onto the hub database. The web server receives the mapped data fro…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.