SYSTEMS AND METHODS FOR PRICE MATCHING ON FUNDS TRANSFERS

Patent №

US 6,908,031

Granted

2005-06-21

Filed 2002

Owner

FIRST DATA CORPORATION

+1 more

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10290041

Systems and methods for performing financial transfers. In some instances, the methods include providing a staged transaction system that includes at least two stages. Quotes are accessed for the first and for the second stage of the transaction. One quote associated with a stage of the transaction is selected and used to consummate the financial transfer. Other methods include marketing financial transfer transactions. Such marketing can include providing a flexible rating mechanism; monitoring a financial transaction market; and fixing a rate based at least in part on monitoring the financial transaction market where the flexible rating mechanism provides access to the fixed rate.

PlanningG06Q 40/04G06Q 20/00G06Q 20/10G06Q 20/381G06Q 30/08G07F 19/20G07F 19/201

AI classification

Planning1.00
Evolutionary computation0.12
Knowledge representation0.03
Machine learning0.01
Vision0.00
Natural language0.00
AI hardware0.00
Speech0.00

Ownership

FIRST DATA CORPORATION

assignment · 138460813

THE WESTERN UNION COMPANY

assignment · 190090100

Assignors

SEIFERT, DEAN A., STOUTENBURG, EARNEY E.

On an employer assignment, the assignors are typically the inventors.

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