Host exchange in bill paying services

Details Host exchange in bill paying services Host exchange in bill paying services

2007-09-06

2009-10-20

Dixon, Thomas A (Department: 3696)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S040000

Reexamination Certificate

active

07606752

ABSTRACT:
An account exchange system is provided by a data aggregation service enabled for gathering data for a subscriber from a data repository of a first financial institution, using account exchange software operating on a server coupled to the data aggregation service. Initiated by a subscriber the account exchange software causes an account to be terminated at the first financial institution and a new account to be opened at a second financial institution, using data from the first financial institution, and processing the data to be compatible with data requirements at the second financial institution.

REFERENCES:
patent: 2003/0225688 (2003-12-01), Dobbins
patent: 2006/0116949 (2006-06-01), Wehunt et al.
Account Aggregation: Independent Study University of Rhode Island, 2002.

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