US6202054B1
Expired / Lapsed
US
⏱️ 0.0 years remaining
Method and system for remote delivery of retail banking services
Assignee: Official Payments Corp
•
Filing: 1998-02-06
•
Granted: 2001-03-13
•
Expires: 2018-02-06
Abstract
Abstract A practical system and method for the remote distribution of financial services (e.g., home banking and bill-paying) involves distributing portable terminals to a user base. The terminals include a multi-line display, keys "pointing to" lines on the display, and additional keys. Contact is established between the terminals and a central computer operated by a service provider, preferably over a dial-up telephone line and a packet data network. Information exchange between the central computer and the terminal solicits information from the terminal user related to requested financial services (e.g., for billpaying, the user provides payee selection and amount and his bank account PIN number). The central computer then transmits a message over a conventional ATM network debiting the user's bank account in real time, and may pay the specified payees the specified amount electronically or in other ways as appropriate. Payments and transfers may be scheduled in advance or on a periodic basis. Because the central computer interacts with the user's bank as a standard POS or ATM network node, no significant software changes are required at the banks' computers. The terminal interface is extremely user-friendly and incorporates some features of standard ATM user interfaces so as to reduce new user anxiety.
Inventors
- 👤 Matthew P. Lawlor
- 👤 Timothy E. Carmody
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-01 04:07
CPC Classifications
G; G06; G06Q; G06Q20/00; G06Q20/08; G06Q20/16; G06Q20/04; G06Q20/042; G06Q20/10; G06Q20/102; G06Q20/108; G06Q20/1085; G06Q20/18; G06Q30/00; G06Q30/02; G06Q30/0241; G06Q30/0251; G06Q30/0255; G06Q30/0273; G06Q40/00; G06Q40/02; H; H04; H04M; H04M17/00; H04M17/02
Claims Analysis
Total Claims: 20
Claim 1
Independent Claim
202 words
A process for handling delivery of at least one electronic service to multiple remote users through use of a public telecommunications network and an interbank financial services network connected to multiple financial institutions, the process including the following steps: (a) receiving, over the telecommunications network from a remote user's home or office, at least one digital service request message requesting a service to be fulfilled, said digital service request message including a digitally encoded electronic service request and associated digitally encoded user identifying information; (b) generating an Automatic Teller Machine (ATM) network compatible request message based at least in part on the service request message received by step (a) and said associated digitally encoded user identifying information; (c) applying the generated ATM network compatible request message to said interbank financial services network so as to route the ATM network compatible request message to a selected one of said multiple financial institutions and effect a real time debit or credit financial transaction at said selected financial institution so as to shift liability to said selected financial institution in real time; (d) facilitating the fulfillment of said service requested in said service request message; and (e) repeating said steps (a)-(d) for multiple remote users.
Claim 2
Dependent Claim
202 words
A process for handling delivery of at least one electronic service to multiple remote users through use of a public telecommunications network and an interbank financial services network connected to multiple financial institutions, the process including the following steps: (a) receiving, over the telecommunications network from a remote user's home or office, at least one digital service request message requesting a service to be fulfilled, said digital service request message including a digitally encoded electronic service request and associated digitally encoded user identifying information; (b) generating an Automatic Teller Machine (ATM) network compatible request message based at least in part on the service request message received by step (a) and said associated digitally encoded user identifying information; (c) applying the generated ATM network compatible request message to said interbank financial services network so as to route the ATM network compatible request message to a selected one of said multiple financial institutions and effect a real time debit or credit financial transaction at said selected financial institution so as to shift liability to said selected financial institution in real time; (d) facilitating the fulfillment of said service requested in said service request message; and (e) repeating said steps (a)-(d) for multiple remote users.
Claim 3
Dependent Claim
27 words
A method as in claim 1 wherein said step (c) comprises the step of settling funds by electronically communicating payment data across a network of electronic lockboxes.
Claim 4
Dependent Claim
31 words
A process as in claim 1 wherein generating step (b) includes the step of inserting an ATM compatible, DES encrypted personal identification number (PIN) into the ATM network compatible request message.
Claim 5
Dependent Claim
27 words
A process as in claim 1 wherein the receiving step (a) includes the step of receiving an ATM compatible personal identification number (PIN) from the remote user.
Claim 6
Dependent Claim
54 words
A process as in claim 1 wherein: (1) the receiving step (a) includes the step of receiving an ATM compatible personal identification number (PIN) from the remote user; and (2) the generating step (b) includes the step of inserting the received ATM compatible personal identification number (PIN) into the ATM network compatible request message.
Claim 7
Dependent Claim
18 words
A process as in claim 1 wherein the repeating step (e) is performed concurrently for multiple remote users.
Claim 8
Dependent Claim
36 words
A process as in claim 6 further including the step of generating at least one service request message at least in part under control of software executed by computing equipment local to the multiple remote users.
Claim 9
Dependent Claim
31 words
A process as in claim 6 further including the step of generating at least one service request message in response, at least in part, to encryption performed within multiple remote terminals.
Claim 10
Dependent Claim
34 words
A process as in claim 8 further including the step of transmitting the at least one message received by step (a) using a modem associated with at least one of the multiple remote terminals.
Claim 11
Dependent Claim
22 words
A process as in claim 1 further including the step of generating at least one service request message using a screen phone.
Claim 12
Dependent Claim
39 words
A process as in claim 1 further including the step of generating at least one service request message in real time interactive response, at least in part, to depression of soft keys disposed adjacent to lines of a display.
Claim 13
Dependent Claim
31 words
A process as in claim 1 further including the step of communicating the at least one message received by step (a) at least in part over a dial up telephone line.
Claim 14
Dependent Claim
44 words
A process as in claim 1 further including performing a real time debit of a bank account within said selected financial institution and a transfer of funds resulting therefrom over said interbank financial services network in response to the message applied by step (c).
Claim 15
Dependent Claim
44 words
A process as in claim 1 further including performing a real time credit of a bank account within said selected financial institution and a transfer of funds resulting therefrom over said interbank financial services network in response to the message applied by step (c).
Claim 16
Dependent Claim
32 words
A method as in claim 1 wherein the requested service to be fulfilled is bill payment, and said facilitating step comprises paying at least one bill on behalf of said remote user.
Claim 17
Dependent Claim
55 words
A method as in claim 1 wherein said steps (a) and (b) are performed by a third party bill payer different from said multiple financial institutions, and said step (d) includes said third party bill payer paying bills from funds debited in real time from said selected financial institution via the interbank financial services network.
Claim 18
Dependent Claim
35 words
A method as in claim 1 wherein said steps (a) and (b) are performed at a first computer, and said real time debit or credit_is effected at a second computer different from said first computer.
Claim 19
Dependent Claim
38 words
A method as in claim 1 wherein said steps (a) and (b) are performed at a first computer facility, and said real time debit or credit_is effected at a second computer facility different from said first computer facility.
Claim 20
Dependent Claim
38 words
A method as in claim 1 wherein said steps (a) and (b) are performed at a first transaction node, and said real time debit or credit_is effected at a second transaction node different from said first transaction node.
References Cited (Backward Citations)
US3760375A
Cited
US3375500A
Cited
US3573749A
Cited
US3639686A
Cited
US3648020A
Cited
US3643219A
Cited
US3699531A
Cited
US3852571A
Cited
GB1324616A
Cited
US3652795A
Cited
US3769579A
Cited
US3845277A
Cited
US3941977A
Cited
US3932709A
Cited
US3833885A
Cited
US3865994A
Cited
US3931497A
Cited
US3920926A
Cited
US3876864A
Cited
US3995123A
Cited
US4017835A
Cited
US3956615A
Cited
US3970992A
Cited
US3943335A
Cited
US3938090A
Cited
US3996448A
Cited
FR2309915B1
Cited
GB1523691A
Cited
US3987259A
Cited
US4025760A
Cited
US4032931A
Cited
US4023013A
Cited
US4186438A
Cited
DE2632106A1
Cited
US4114027A
Cited
US4071697A
Cited
US4091448A
Cited
US4115870A
Cited
DE2709461A1
Cited
USD250260S
Cited
US4134537A
Cited
USRE30773E
Cited
GB1528691A
Cited
US4277837A
Cited
USD253315S
Cited
US4232199A
Cited
US4321429A
Cited
US4224478A
Cited
EP0014313B1
Cited
US4291199A
Cited
US4291198A
Cited
US4321672A
Cited
US4306116A
Cited
US4305059A
Cited
US4334126A
Cited
US4313176A
Cited
US4301337A
Cited
US4646145A
Cited
US4341951A
Cited
US4331973A
Cited
US4545023A
Cited
US4392023A
Cited
US4390968A
Cited
US4425627A
Cited
US4493021A
Cited
US4525712A
Cited
US4532378A
Cited
US4381427A
Cited
US4503288A
Cited
US4427848B1
Cited
US4427848A
Cited
US4429385A
Cited
US4533791A
Cited
US4481574A
Cited
US4431870A
Cited
US4476349A
Cited
US4468529A
Cited
US4454414A
Cited
US4423294A
Cited
US4594663A
Cited
US4409450A
Cited
US4494194A
Cited
US4562340A
Cited
US4510351A
Cited
US4678895A
Cited
US4805020A
Cited
US4967273A
Cited
US4578174A
Cited
US4546382A
Cited
US4639917A
Cited
US4536647A
Cited
US4578537A
Cited
US4659876A
Cited
US4625276A
Cited
US4688170A
Cited
US4580011A
Cited
US4885580A
Cited
US4734858B1
Cited
US4734858A
Cited
US4658290A
Cited
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2004-03-12 | 2004-09-11 | 2005-03-13 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2008-03-12 | 2008-09-11 | 2009-03-13 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2012-03-12 | 2012-09-11 | 2013-03-13 | $7700.00 | Window Closed / Lapsed |