System for effecting the payment of paper and electronic...

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

C705S014270

Reexamination Certificate

active

07966258

ABSTRACT:
A system for expediting the deposit, settlement and submission into the payment system for collection of funds represented of commingled paper and electronic financial instruments that are received by a payee at a location remote from the payee's collecting and clearing bank in which the instruments are separated at a payer's location where and the separated instruments accompanied by cash letters are delivered into the payment system and the payments' deposit with the collecting and clearing bank is coordinated with the timing of a settlement of accounts in the payment system.

REFERENCES:
patent: 4948174 (1990-08-01), Thomson et al.
patent: 5175682 (1992-12-01), Higashiyama et al.
patent: 5187750 (1993-02-01), Behera
patent: 5198975 (1993-03-01), Baker et al.
patent: 5220501 (1993-06-01), Lawlor et al.
patent: 5237159 (1993-08-01), Stephens et al.
patent: 5265007 (1993-11-01), Barnhard, Jr. et al.
patent: 5283829 (1994-02-01), Anderson
patent: 5326959 (1994-07-01), Perazza
patent: 5373550 (1994-12-01), Campbell et al.
patent: 5444794 (1995-08-01), Uhland
patent: 5504677 (1996-04-01), Pollin
patent: 5524073 (1996-06-01), Stambler
patent: 5583759 (1996-12-01), Geer
patent: 5649117 (1997-07-01), Landry
patent: 5717868 (1998-02-01), James
patent: 5825506 (1998-10-01), Bednar et al.
patent: 5848400 (1998-12-01), Chang
patent: 5884288 (1999-03-01), Chang et al.
patent: 5930778 (1999-07-01), Geer
patent: 5940844 (1999-08-01), Cahill et al.
patent: 5963659 (1999-10-01), Cahill et al.
patent: 6549624 (2003-04-01), Sandru
patent: 6990224 (2006-01-01), Warren et al.
patent: 7283977 (2007-10-01), Tyson-Quah
patent: 7386511 (2008-06-01), Buchanan et al.
patent: 7512564 (2009-03-01), Geer
patent: WO 01/46846 (2001-06-01), None
Uniform Electronic Transactions Act 1999, National Conference of Commissioners of Uniform State Laws, 1999.
Retail Payments Issues—Experience With Electronic Check Presentment, Jul. 1998.
A Comparison of Social Costs and Benefits of Paper Check Presentment and ECP with Truncation, Jul. 1997.
Payments, Clearance, and Settlement—A Guide to the Systems, Risks, and Issues, Jun. 1997.
Alternative Roles for the Federal Reserve in the Interbank Retail Payment System, Apr. 1997.
Federal Reserve Bank Service Pricing, 62 FR 14146.
Operating Rules of the National Association for Check Safekeeping, 1992.
Availability of Funds and Collection of Checks and Other Items and Transfers of Funds (regulation J)—52 FR 47112, Dec. 1987.
Federal Reserve System Request for Comment for several new services to depository institutions, 52 FR 47171, Dec. 1987.
Electronic Fund Transfers; Proposed Rule and Proposed Update to Official Staff Commentary, 49 FR 2204, Jan. 1984.
Better Resting Place for Bank Checks?, 1980 ABA Banking Journal, May 1980.
What's Ahead for the Wire Services?, 1980 ABA Banking Journal, Feb. 1980.
Check Truncation—The American Banker, May 1979.
BoFA is Doubtful on No-Check Plan—The American Banker, Apr. 1979.
Fed Begins National Truncation Study—The American Banker, Mar. 1979.
Travelers Express Seeks to Offer S&Ls Check Truncation—The American Banker, Feb. 1979.
Now Accounts: A Way of Life in New England—The American Banker, Jan. 1979.
Federal Reserve Bulletin Feb. 1978—Statements to Congress, vol. 64 Federal Reserve Bulletin No. 2, p. 90.
Check Truncation paper by Bank Administration Institute, 1980.
Carreker, “Strides in Electronic Checking Transforming Payment System,”Bank Management, vol. 68, No. 3, Mar. 1992, pp. 18-30.
Sgambati, “Payment Consolidation Service,”Consumer Bill Payments Update '92, Apr. 22, 1992, 6 pages.
U.S. Appl. No. 09/309,131, filed May 1999.
U.S. Appl. No. 08/156,190, filed Nov. 1993.

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

System for effecting the payment of paper and electronic... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System for effecting the payment of paper and electronic..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System for effecting the payment of paper and electronic... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2695981

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