Patent №
US 8,560,439
Granted
2013-10-15
Filed 2005
Owner
U.S. BANCORP LICENSING, INC.
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11149947
Transaction processing for distributor-based transactions is facilitated. According to an example embodiment of the present invention, a transaction management approach involves the processing of aspects of a transaction between contracting parties using transaction rules associated with an administrator and at least one distributor sponsoring the transaction. In some applications, the administrator finances the transaction. Fees are assessed as a function of the transaction processing on behalf of the administrator and, in come instances, the distributor.
AI classification
Ownership
U.S. BANCORP LICENSING, INC.
assignment · 166680630
Assignors
HAHN-CARLSON, DEAN W.
On an employer assignment, the assignors are typically the inventors.