Directing payments to satisfy periodic financial obligations
US9129268B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 16, 2010 |
| Grant date | Sep 8, 2015 |
| Priority date | — |
| Expiry date | Mar 1, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods, computer program products, and systems, related to financial payments are provided. Data corresponding to payments made by a first financial institution is analyzed to identify periodic financial obligations and a specific biller associated with each obligation. A visual user interface including a mechanism through which a user can submit a make-payments notification is generated and provided to a client computer. A first make-payments notification identifying an obligation and a specific biller is received. A determination is made as to whether the specific biller is automatically requesting payments to satisfy the obligation identified in the make-payments notification, and if so, a cease-billing instruction is caused to be sent to the specific biller. A billing instruction, instructing the first specific biller to automatically request payments from a second financial institution to satisfy the obligation, is caused to be sent to the first specific biller.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.