Many-to-many correspondence: methods and systems for...

Details Many-to-many correspondence: methods and systems for... Many-to-many correspondence: methods and systems for...

2001-04-25

2009-10-06

Patel, Jagdish N (Department: 3693)

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

Automated electrical financial or business practice or...

Finance

C705S035000

Reexamination Certificate

active

07599885

ABSTRACT:
By establishing a correspondence account in each Financial Service Provider (FSP) of a group of FSPs and a secure inter-FSP messaging mechanism, transfers of funds entirely within member FSPs (FSP1, FSP2, FSP3, FSP4) may be combined with secure messaging to effectively transfer funds between buyers in one FSP (FSP2) and sellers in another FSP (FSP1) without actual transfer of funds between FSP's.

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