MULTIPLE-ENTITY TRANSACTION SYSTEMS AND METHODS

Patent №

US 8,799,154

Granted

2014-08-05

Filed 2011

Owner

FIRST DATA CORPORATION

+1 more

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

13251531

Methods and systems are provided for performing a funds transfer. The method may include determining which of a plurality of different funds-transfer companies is able to complete the funds transfer in accordance with defined parameters. The method may also include determining a default service fee charged for the funds transfer by a funds-transfer company of a subset of the plurality of different funds-transfer companies. The method may additionally include transmitting to at least one funds-transfer company of the subset of the plurality of different funds-transfer companies details of the funds transfer, where the details of the funds-transfer comprises the default service fee. The method may furthermore include transmitting an identification of the subset of the plurality of different funds-transfer companies, each of which is capable of completing the funds transfer in accordance with the defined parameters, the subset including at least two of the plurality of different funds-transfer companies.

PlanningG06Q 20/10G06Q 10/00G06Q 20/102G06Q 20/204G06Q 40/00G06Q 40/02G07F 19/20G07F 19/203

AI classification

Planning0.97
Vision0.02
Knowledge representation0.01
Natural language0.01
Evolutionary computation0.00
AI hardware0.00
Speech0.00
Machine learning0.00

Ownership

FIRST DATA CORPORATION

assignment · 524760201

THE WESTERN UNION COMPANY

assignment · 524760346

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