Systems and methods for facilitating financial transactions...

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

Reexamination Certificate

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C705S044000, C705S040000, C705S039000, C705S042000

Reexamination Certificate

active

08001025

ABSTRACT:
A system for facilitating financial transactions over a network includes a first user device, a second user device and a payment processing device. The first user device is adapted to allow a first user to send an invitation to a second user, via a network, to accept a promise to pay (IOU). The second user device is adapted to allow the second user to generate a response to the invitation via the network. The payment processing device is adapted to receive the invitation and the response and to schedule a payment if the response is an affirmative response.

REFERENCES:
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patent: 2003/0126075 (2003-07-01), Mascavage et al.
patent: 2008/0162350 (2008-07-01), Allen-Rouman et al.
patent: 2008/0262919 (2008-10-01), Ang et al.
Ophthalmic imaging systems, Edgar Online, Nov. 15, 2006.
Person to person loans finally come to Canada with the first online lending marketplace: IOU Central, Feb. 12, 2008, Canada Newswire.
Will planning and the family home, Dec. 1, 2005, Financial Times Business Limited, Money Management.
Staff, Buying co-ops could become an IOU trend, some say, but others point to tough politics, Monday Jun. 7, 2004, Electric Utility Week.

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