Method and apparatus for determining a standard name for a payee

US8401942B2 · kind B2 · utility

Assignee

• Intuit Inc. · US

Inventors

• George A. Hansen · Danville, US
• Marko Rukonic · San Jose, US
• Benjamin R. Weiss · Portola Valley, US
• Jim Del Favero · Redwood City, US

Key dates

• Filing date: Mar 7, 2008
• Grant date: Mar 19, 2013
• Expiry date: Jun 13, 2029

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/102
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system that determines a standard payee name for a payee is presented. During operation, the system receives a non-standard payee name, wherein the non-standard payee name can be a user-defined payee name, which is defined by a user, or a normalized payee name, which is defined by a financial institution. Next, the system determines whether the non-standard payee name is associated with the standard payee name by using the non-standard payee name to search through data structures containing associations between one or more of the following: user-defined payee names and normalized payee names; user-defined payee names and standard payee names; and normalized payee names and standard payee names. If the non-standard payee name is associated with a standard payee name, the system can perform specified actions.