Systems and methods for transaction triggered cycling of...

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

Reexamination Certificate

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C705S038000, C705S039000

Reexamination Certificate

active

07634434

ABSTRACT:
Systems and methods are provided for setting a cycle date for a financial account. For instance, a cycling module may be provided to set a default cycle date for cycling the financial account, and an account monitoring module may be provided to determine whether a transaction is posted on the financial account within a first predetermined period before the default cycle date. If a transaction is posted on the financial account within the first predetermined period, then the cycling module sets a new cycle date. The new cycle date can be set to a date that follows the transaction post date by a second predetermined period. Alternatively, the new cycle date may be set to other dates, such as a date corresponding to the next qualifying date.

REFERENCES:
patent: 6092055 (2000-07-01), Owens et al.
patent: 2002/0165808 (2002-11-01), Zamsky et al.
patent: 2003/0101131 (2003-05-01), Warren et al.

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