Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2003-02-21
2011-10-18
Kazimi, Hani M (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S040000, C705S041000
Reexamination Certificate
active
08041633
ABSTRACT:
A transaction process system (10) provides for data transactions between parties. In a credit card transaction, the parties are the merchant (20), acquiring bank (24), card association (34), issuing bank (14), and cardholder (12). A transaction processing center (30) is positioned between the acquiring bank and the card association. The transaction processing center provides data processing channels for message-based processing (72) and filed-based processing (76). The file-based processing uses an incoming queue (80) and outgoing queue (84) to simplify the interface. The transaction processing center also provides for currency conversions and account reconciliation on a per transaction basis. The transaction processing center uses a scheduler (160) to efficiently manage the data processing resources.
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Burke Jeffrey R.
Day Russell Hales
Emig Joseph B.
Knowles W. Jeffrey
Matthews David J.
Aktins Robert D.
Kazimi Hani M
Mtrex, Inc.
Patent Law Group
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