Automated online sales risk management

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

Reexamination Certificate

active

07979347

ABSTRACT:
The present invention contemplates a risk management system for facilitating an e-commerce transaction wherein the participants to the transaction engage in commerce using different currencies. An automated sales risk management system facilitates a transaction by providing a price of a transaction which incorporates aggregated costs related to the transaction into a price made available to the participants. A currency risk management system can receive an amount relating to a deliverable involved in a transaction and determines an aggregated cost of the transaction. Aggregated cost can include a cost of credit, a cost for exchange of currency, a cost of insurance, processing fees, or other associated costs. Insurance can be monitored and a determination can be made regarding whether a participant has adequate insurance to cover a proposed transaction. The present invention also provides for risk associated with online transactions to be categorized and transferred.

REFERENCES:
patent: 3652795 (1972-03-01), Wolf et al.
patent: 4251867 (1981-02-01), Uchida et al.
patent: 5262942 (1993-11-01), Earle
patent: 5305200 (1994-04-01), Hartheimer et al.
patent: 5557518 (1996-09-01), Rosen
patent: 5774553 (1998-06-01), Rosen
patent: 5787402 (1998-07-01), Potter et al.
patent: 5802502 (1998-09-01), Gell et al.
patent: 5832462 (1998-11-01), Midorikawa et al.
patent: 5842178 (1998-11-01), Giovannoli
patent: 5862223 (1999-01-01), Walker et al.
patent: 5884274 (1999-03-01), Walker et al.
patent: 5897621 (1999-04-01), Boesch et al.
patent: 5905974 (1999-05-01), Fraser et al.
patent: 5924082 (1999-07-01), Silverman et al.
patent: 5930774 (1999-07-01), Chennault
patent: 5963923 (1999-10-01), Garber
patent: 5969974 (1999-10-01), Vandenbelt et al.
patent: 6014627 (2000-01-01), Togher et al.
patent: 6058379 (2000-05-01), Odom et al.
patent: 6125355 (2000-09-01), Bekaert et al.
patent: 6128598 (2000-10-01), Walker et al.
patent: 6161099 (2000-12-01), Harrington et al.
patent: 6205433 (2001-03-01), Boesch et al.
patent: 6249770 (2001-06-01), Erwin et al.
patent: 6269345 (2001-07-01), Riboud
patent: 6317727 (2001-11-01), May
patent: 6460020 (2002-10-01), Pool et al.
patent: 2001/0027437 (2001-10-01), Turbeville et al.
patent: 2001/0042007 (2001-11-01), Klingle
patent: 2001/0056398 (2001-12-01), Scheirer
patent: 2002/0016762 (2002-02-01), Feilbogen et al.
patent: 2002/0023053 (2002-02-01), Szoc et al.
patent: 2002/0046053 (2002-04-01), Hare et al.
patent: 2002/0062278 (2002-05-01), Ingram et al.
patent: 2002/0152156 (2002-10-01), Tyson-Quah
patent: 1197887 (2002-04-01), None
patent: 2366020 (2002-02-01), None
patent: WO 98/36368 (1998-08-01), None
patent: 01/44995 (2001-06-01), None
patent: WO 01/98981 (2001-12-01), None
patent: WO 02/11018 (2002-02-01), None
Currenex web site, <http://www.currenex.com>; Homepage, <http://www.currenex.com/home.html> Foreign Exchange Market, <http://www.currenex.com/foreign.html> About Currenex, <http://www.currenex.com/about.html> FAQ, <http://www.currenex.com/faq.html> FX Trade Services, <http://www.currenex.com/services.html>.
“CMGI and Netcentives Announces Strategic Infrastructure Alliance for Network-Wide, Online Points-Based Rewards Program”, Business Wire, Apr. 10, 2000.
“Citigroup and America Online Announce Major Strategic Online Financial Alliance”, Business Wire, Jul. 18, 2000.
“Citigroup, AOL in Major Strategic Alliance”, AFX European Focus, Jul. 18, 2000, Company News.
“Citigroup, AOL Form Pact Allowing Cash to Be E-Mailed”, The Wall Street Journal, Jul. 19, 2000, C23.
“Currenex Launches Multi-Bank Web Based FX Trading System”, fxweek, May 1, 2000, vol. 11, No. 18.
“Netscape, Citibank Unveil Credit Card”, Dow Jones News Service, Jan. 19, 2000.
Green, Meg, “Citigroup Credits Growing Business with 23% Second-Quarter Net Increase”, BestWire, Jul. 19, 2000.
Green, Meg, “Citigroup, AOL Team Up to Sell Products Online”, BestWire, Jul. 19, 2000.
Kraus, James R., “National/Global Forex Trading Sites May Erode Bank Revenues”, The American Banker.com, May 4, 2000.
Mullen, Theo, “Service Aids Selling to Europeans”, InternetWeek, Jul. 17, 2000, 13.
Power, Carol, “AOL Digs Deeper Into Virtual Financial World”, The American Banker, Aug. 11, 1999, On-line Banking 1.
Power, Carol, “Citi Advances in Online Payments, Aggregation; Strikes Partnerships with AOL and Yodlee.com”, The American Banker, Jul. 19, 2000, Technology 1.
Rogerson, Paul, “The Right to Choose”, The Accountant, Aug. 1, 1999, 12.
Tompor, Susan, “Does it Make Sense to Spread the Wealth Around?”, The Florida Times-Union, Jul. 11, 1999, H1.
Wilkinson, Claire, “Insurance Review: Citigroup in AOL Online Alliance Plan”, Lloyd's List, Jul. 21, 2000, 8.
International Search Report for PCT/US01/21812 dated Oct. 18, 2001.
Int'l Search Report dated Sep. 19, 2002 for PCT/US01/51200.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Automated online sales risk management does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Automated online sales risk management, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Automated online sales risk management will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2671354

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.