Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-06-13
2006-06-13
Kazimi, Hani M. (Department: 3624)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S040000
Reexamination Certificate
active
07062463
ABSTRACT:
A system and method for enhancing financial institution revenue through acceleration of debit processing are provided. The method includes modeling the processing of account debit transactions, identifying ways to accelerate the processing of the account debit transactions and accelerating the account debit transactions. In a further embodiment, account debit transaction processing is accelerated from beginning on what has traditionally been referred to as Day 0 to beginning on some day before Day 0. Finally, a method and system are provided to determine the impacts of accelerating the processing of account debit transactions.
REFERENCES:
patent: 4617457 (1986-10-01), Granzow et al.
patent: 4743743 (1988-05-01), Fukatsu
patent: 4810866 (1989-03-01), Lord, Jr.
patent: 4933536 (1990-06-01), Lindemann et al.
patent: 5484988 (1996-01-01), Hills et al.
patent: 5532464 (1996-07-01), Josephson et al.
patent: 5783808 (1998-07-01), Josephson
patent: 6038552 (2000-03-01), Fleischl et al.
patent: 6304860 (2001-10-01), Martin, Jr. et al.
patent: 6408284 (2002-06-01), Hilt et al.
patent: 2002/0042751 (2002-04-01), Sarmo
patent: 2002/0046143 (2002-04-01), Eder
patent: 2002/0198835 (2002-12-01), Watson
patent: 2003/0033245 (2003-02-01), Kahr
patent: 2003/0172013 (2003-09-01), Block et al.
patent: 2003/0233299 (2003-12-01), Davis et al.
patent: 2004/0153400 (2004-08-01), Burke
US 6,331,134, 12/2001, Sachan et al. (withdrawn)
A New Approach to Covering Overdrafts, Bank Director Second Quarter 2002, [retrieved Nov. 21, 2002] at http://www.lexis.com/research/retrieve?—m=5bef5ce2bec346d4cf58ed600cfc78c2&.docnu. . . , 5 pages.
Devlin, J., BankingSpecial Issue: Check Processing: The need for Speed, [retrieved Nov. 21, 2002] at http://www.armadillosoft.com/articles/banks/index.php?newTopic=11speed, 2 pages.
Atlas, Riva D. Checking is Free, but the Profits are Hefty, The New York Times [online], Nov. 12, 2002, [retrieved Nov. 13, 2002] at http://www.nytimes.com/2002/11/12/business/12FREE.html?pagewanted=print&position . . . , 3 pages.
Compass Bank and Compass Bancshares, Inc. v. Jucretia Snow et al., 823 So. 2d 667, Dec. 28, 2001 (release date), 14 pages.
Electronic Checks Coming to Town, ABA Bankers News, Jul. 23, 2002, [retrieved Nov. 21, 2002] at http://www.lexis.com/research/retrieve?—m=5f7c306c725ac9f985eb04cf6aca1dee&docnu, 2 pages.
Endpoint: The National Check Image Exchange, Bankers News, Jun., 2002, [retrieved Nov. 21, 2002] at http://www.lexis.com/research/retrieve?—m=5f7c306c725ac9f985eb04cf6aca1dee&docnu . . . , 5 pages.
Gerdes, Geoffrey R. et al., “The Use of Checks and Other Noncash Payment Instruments in the United States,” Federal Reserve Bulletin, Aug. 2002, pp. 360-374.
ECP 101: The Basics, ECCHO and Carreker-Antinori, Inc., 1998, 38 pages.
Hill v. St. Paul Federal Bank for Savings, 329 III. App. 3d 705, Mar. 29, 2002, 5 pages.
ECP Benefit Report, Nov. 1998, 24 pages.
Havan Thu Thao
Kazimi Hani M.
Knapp William Stephen
Sterne Kessler Goldstein & Fox P.L.L.C.
LandOfFree
System and method for enhancing financial institution... 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 and method for enhancing financial institution..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for enhancing financial institution... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3670955