Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-01-04
2011-01-04
Colbert, Ella (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S038000, C705S040000, C705S042000, C235S379000, C709S229000
Reexamination Certificate
active
07865435
ABSTRACT:
A person stores funds in a lower interest checking account and a higher interest savings account of a banking institution. For each of a plurality of cycles, funds are received at the beginning of the cycle from an amount of income (‘INC’) of the person. An amount at least equal to a total amount of regularly recurring bills of the person that have a generally fixed amount (‘FIX’) is deposited into a bills account of the person, and at least a portion of a remainder of INC is deposited into the checking account. During the cycle, the person pays the regularly recurring bills from the bills account and other bills from the checking account. At the end of the cycle, a final amount left in the checking account above a floor value (‘FLO’) is transferred to the savings account. Thus, excess funds are not allowed to accumulate in the checking account.
REFERENCES:
patent: 5893078 (1999-04-01), Paulson
patent: 5933817 (1999-08-01), Hucal
patent: 7383223 (2008-06-01), Dilip et al.
patent: 7546945 (2009-06-01), Bucci et al.
patent: 2002/0023055 (2002-02-01), Antognini et al.
patent: 2004/0111370 (2004-06-01), Saylors et al.
patent: 2004/0177036 (2004-09-01), Nutahara et al.
patent: 2005/0160038 (2005-07-01), Albornoz
patent: 2006/0136595 (2006-06-01), Satyavolu
patent: 2006/0212385 (2006-09-01), Bent et al.
patent: 2006/0282374 (2006-12-01), Stone
patent: 2007/0271174 (2007-11-01), Bent et al.
patent: 2008/0015982 (2008-01-01), Sokolic et al.
Dratch, Dana; “The Perils of Automatic Bill Pay”; Bankrate.com; downloaded Nov. 29, 2007; http://articles.moneycentral.msn.com/Banking/Better Banking/ThePerilsOfAutomaticBillPay.aspx.
“Automatic Savings Programs: Pay Yourself First”; Harleysville National Bank; downloaded Nov. 29, 2007; http://www.harleysvillebank.com/wealthinfo/savings/2007-11-08-autosavings.asp; Copyright 2007 Harleysville National Corporation.
“Automatic Savings Plan”; American Federal Bank; downloaded Nov. 29, 2007; http://www.americanfederalbank.com/autosaving.htm; Copyright 1998 American Federal Bank.
“Automatic Savings Plan”; Washington Mutual; downloaded Nov. 29, 2007; http://www.wamu.com/personal/account—automatic—savings/default.asp; Copyright 2007 Washington Mutual, Inc.
“FAQ: Managing My Money—Automatic Savings Plan”; ING Direct; downloaded Nov. 29, 2007; http://home.ingdirect.com/faqs.asp?s=AutomaticSavingsPlan.
Colbert Ella
Malhotra Sanjeev
Perkins Coie LLP
United States Automobile Association (USAA)
LandOfFree
Systems and methods for implementing intelligent banking... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Systems and methods for implementing intelligent banking..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Systems and methods for implementing intelligent banking... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-2699845