EQUIPMENT TO FACILITATE MONEY TRANSFERS INTO BANK ACCOUNTS

Patent №

US 8,712,910

Granted

2014-04-29

Filed 2012

Owner

FIRST DATA CORPORATION

+1 more

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

13541425

Arrangements for transferring money to a bank account, typically when paid in cash or a cash equivalent at a point of sale device, are provided. Transactional information may be transmitted to a host computer system from a point of sale device. The transactional information may include information on a bank account that is to receive the money. At least some of the transaction information may be sent to an intermediary computer system that is configured to interact with a plurality of banking networks and may determine which one of the banking networks is associated with the bank account that is to receive the money. A request may be transmitted from the intermediary computer network to a local banking network and may include information on the bank account that is to receive the money and an amount of money to deposit.

PlanningG06Q 20/10G06Q 40/02

AI classification

Planning0.60
Vision0.11
Evolutionary computation0.04
Knowledge representation0.02
AI hardware0.01
Natural language0.00
Machine learning0.00
Speech0.00

Ownership

FIRST DATA CORPORATION

assignment · 475530011

THE WESTERN UNION COMPANY

assignment · 475530086

Assignors

MICHELSEN, MICHAEL J., CANNING, DAN, OCHOA, ROBERTO, ZAVALETA, RODOLFO, SADA, RODRIGO

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

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