Systems and methods for providing individualized financial access

US8630946B2 · kind B2 · utility

Assignee

• The Western Union Company · US

Inventors

• Gary Moore · Mill Valley, US
• David Shapiro · Arlington, US
• Robert Newton · San Francisco, US

Key dates

• Filing date: Nov 14, 2002
• Grant date: Jan 14, 2014
• Expiry date: Jun 13, 2027

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for implementing one or a series of value transfers. In some instances, the systems and methods include web or Internet based user interfaces that provide a mechanism whereby a user can implement a transfer plan without interacting with a human operator. Further, in some instances, such systems and methods provide a mechanism for authorizing access to one or more asset accounts from which value is transferred, and/or recipient accounts to which value is transferred. In some cases, the authorization function is performed by an entity that enjoys a pre-existing relationship with a user accessing the systems of the present invention, while any actual transfers are performed by a third party entity. This can be an advantage where authorization requires a signature or other interaction with a user sufficient to conform to electronic signature laws.