SYSTEMS AND METHODS FOR RECEIVING AN ALLOCATION OF AN AMOUNT BETWEEN TRANSACTION ACCOUNTS
Patent №
US 7,941,372
Granted
2011-05-10
Filed 2008
Owner
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
12325576
A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts.
AI classification
Ownership
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
assignment · 219050620
Assignors
BISHOP, FRED A., SHARMA, BANSI L., THOMAS, TRACEY R.
On an employer assignment, the assignors are typically the inventors.